Latest News on private equities market

EU privacy body warns of privacy risks in Google, Fitbit deal

Alphabet Inc-owned Google's $2.1 billion bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board (EDPB) warned on Thursday, adding its voice to other critics of the deal.



5 years ago

UBS's tech-savvy new boss Hamers not always loved by the Dutch

Ralph Hamers made his mark as a tech-savvy chief executive who led Dutch bank ING back to profitability after cementing its position as a no-frills lender in Germany and simplifying its product portfolio.



5 years ago

Small business confidence rises, signaling a more positive outlook for the US economy

The CNBC/SurveyMonkey Small Business Confidence index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened thanks to a trade deal with China and the signing of the USMCA.

5 years ago

Shares of HNA affiliates rally after report of China bailout plan

Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations.



5 years ago

Israel's Wix.com sees 2020 revenue reaching almost $1 billion

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion as it expands into the professional web creator market.



5 years ago

Virgin Galactic 'overdue' for a correction, Morgan Stanley says after 310% rally in 3 months

Virgin Galactic's monster stock rally in the past few months has taken even bullish Morgan Stanley by surprise.

5 years ago

President Trump's approval rating among small business owners hits all-time high of 64%, survey reveals

President Donald J. Trump's approval rating among small business owners hits new high of 64% post-impeachment, according to the CNBC|SurveyMonkey Small Business Survey for Q1 2020.

5 years ago

WeWork names Shyam Gidumal new COO

Office-sharing startup WeWork on Thursday named a former Ernst & Young executive, Shyam Gidumal, as its new chief operating officer, weeks after appointing real-estate veteran Sandeep Mathrani as its CEO.



5 years ago

U.S. weekly jobless claims rise modestly

The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.



5 years ago

The biggest things you probably don't know about Roth IRAs

Roth IRAs let you invest post-tax money toward your retirement. But many investors are confused about how to use them. These are the rules to know so you can maximize your tax-free income when you're no longer working.

5 years ago

Morgan Stanley to buy E*Trade Financial in $13 billion deal

Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in an all-stock deal worth about $13 billion, the biggest deal by a Wall Street bank since the financial crisis.



5 years ago

Lingerie brand Victoria's Secret to go private

L Brands Inc is selling a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as focuses on its core Bath & Body Works brand.



5 years ago

Oil firms on supply threats, easing demand woes

Oil prices rose on Thursday supported by China's efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and Libya.



5 years ago

HSBC targets the globally mobile with $1.4 trillion wealth business

HSBC plans to invest heavily in its newly combined retail and private banking business as it targets internationally minded customers in markets such as China, the United States and Singapore, the unit's Chief Executive Charlie Nunn told Reuters.



5 years ago

Dollar tramples yen and everything in its path

The dollar trampled everything in its path on Thursday after a steep and sudden slide in the Japanese yen called into question its safe-haven status and others from the euro and pound to the Australian dollar were all sent cartwheeling.



5 years ago