Latest News on private equities market

Apple to reopen some stores in Beijing on February 14: website

Apple to reopen some stores in Beijing on February 14: website

Apple will reopen some stores in Beijing from Feb. 14 with reduced opening hours, it said on its website, while many of its other stores in mainland China will remain shut as the country continues to battle a coronavirus outbreak.



6 years ago
Kraft Heinz takes $666 million charge, misses sales expectations

Kraft Heinz takes $666 million charge, misses sales expectations

Kraft Heinz Co on Thursday missed quarterly sales estimates due to lower demand for products like bacon and cheese, and wrote down the value of some businesses - including coffee brand Maxwell House - by $666 million.



6 years ago
NCFA and KABN Systems North America  enter multi-year exclusive partnership to promote Digital Identity in Canada

NCFA and KABN Systems North America enter multi-year exclusive partnership to promote Digital Identity in Canada

NCFA - KABN Release | Feb 13, 2020 Digital Identity program to be launched at 20: RISE TORONTO, ON (February 13, 2020):  The National Crowdfunding & Fintech Association of Canada (NCFA) and KABN Systems North America Inc. (KABN NA) announced today they have formed a collaborative partnership to promote Digital Identity management and usage in

6 years ago
Those annoying required withdrawals from your IRAs just got changed

Those annoying required withdrawals from your IRAs just got changed

The recently passed Secure Act, as well as updated life expectancy tables proposed by the IRS, would change how you calculate those pesky RMDs.

6 years ago
Wall Street eases from record highs on coronavirus concerns, Cisco results

Wall Street eases from record highs on coronavirus concerns, Cisco results

Wall Street's main indexes eased from record highs on Thursday, pressured by shares of Cisco after its disappointing quarterly forecast, while a spike in new coronavirus cases in China weighed on the sentiment.



6 years ago
Oil prices turn positive, shrugging off bearish news

Oil prices turn positive, shrugging off bearish news

Oil prices rose on Thursday as U.S. markets opened, shrugging off bearish OPEC and IEA reports which cut back demand forecasts for this year on the back of the coronavirus outbreak in China, the world's biggest oil importer.



6 years ago
Competition heats up in turboprop market

Competition heats up in turboprop market

Competition is cranking up in the world of turboprops.



6 years ago
Activists in dinghy urge Credit Suisse off climate 'collision course'

Activists in dinghy urge Credit Suisse off climate 'collision course'

Climate activists clad in Titanic-era costumes gathered in a rubber dinghy outside Credit Suisse's headquarters on Thursday, to urge incoming chief executive Thomas Gottstein to steer the bank off a climate "collision course".



6 years ago
Oil prices climb on hopes of deeper OPEC+ production cuts

Oil prices climb on hopes of deeper OPEC+ production cuts

Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world's biggest producers, whilst largely shrugging off reports which cut demand forecasts after the coronavirus outbreak in China, the biggest oil importer.



6 years ago
Prosecutors challenge antitrust approval of Boeing-Embraer tie-up

Prosecutors challenge antitrust approval of Boeing-Embraer tie-up

Brazilian prosecutors have filed an appeal with antitrust agency Cade asking the regulator to reconsider its approval of a deal selling control of Embraer SA's commercial aviation division to Boeing Co , according to public filings.



6 years ago
Defensive stocks lift Wall Street from session lows amid coronavirus worries

Defensive stocks lift Wall Street from session lows amid coronavirus worries

Defensive stocks helped the S&P 500 and the Nasdaq erase losses to trade flat on Thursday, even though a sharp rise in new coronavirus cases in China kept investors worried.



6 years ago
Oil prices climb on prospects for deeper OPEC+ output cuts

Oil prices climb on prospects for deeper OPEC+ output cuts

Oil prices edged higher on Thursday, as investors hoped the world's biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China.



6 years ago
Tesla shares jump 6% to session high, reversing early losses following $2 billion stock offering

Tesla shares jump 6% to session high, reversing early losses following $2 billion stock offering

Tesla will offer $2 billion of common stock, with CEO Elon Musk and board member Larry Ellison each buying shares.

6 years ago
Jump in coronavirus cases halts stock rally; dollar gains

Jump in coronavirus cases halts stock rally; dollar gains

The dollar rose and global equity markets slumped on Thursday after a new methodology that sharply increased the death toll in China from the coronavirus unnerved investors and halted a rally that had lifted U.S. and European stocks to record peaks.



6 years ago
Fire damage at Exxon's second largest U.S. refinery leaves restart uncertain: sources

Fire damage at Exxon's second largest U.S. refinery leaves restart uncertain: sources

Exxon Mobil Corp does not have a timeline for restarting fuel-producing units at its second-largest U.S. refinery following a fire Wednesday that cut production, sources said, as the shutdown boosted gasoline prices on Thursday.



6 years ago