Latest News on private equities market

Airlines suspend China flights over coronavirus

Airlines suspend China flights over coronavirus

Airlines have started suspending flights to China in the wake of a new coronavirus outbreak, which as of Thursday had killed 170 people and infected almost 8,000.



6 years ago
Visa sees muted revenue growth in 2020, shares fall 3%

Visa sees muted revenue growth in 2020, shares fall 3%

Visa Inc on Thursday fell short of analysts' estimate for first-quarter revenue and said revenue this year would be crimped by incentives it provide to banking clients, sending its shares down nearly 3%.



6 years ago
IBM CEO Rometty to step down; cloud boss to succeed

IBM CEO Rometty to step down; cloud boss to succeed

International Business Machines Corp Chief Executive Officer Ginni Rometty will hand over the reins to the head of the company's cloud business, as the pioneer tech company continues its efforts to rejuvenate itself.



6 years ago
EA forecasts fourth-quarter revenue below estimates, shares slip

EA forecasts fourth-quarter revenue below estimates, shares slip

Electronic Arts Inc forecast fourth-quarter revenue below analysts' estimates, weighed down by the delayed launch of its basketball title "NBA Live", while its "Apex Legends" battles "Fornite" and "PUBG" to attract young gamers.



6 years ago
SkyWest orders 20 old-generation Embraer jets as order for new line remains paused

SkyWest orders 20 old-generation Embraer jets as order for new line remains paused

Brazilian planemaker Embraer SA said on Thursday that U.S. regional carrier SkyWest Inc had signed a firm order for 20 E175 planes from the E1 generation, worth close to $1 billion, as an order for a newer, more efficient plane remains in limbo.



6 years ago
Amgen 2020 outlook falls short of Street estimates, shares down 3%

Amgen 2020 outlook falls short of Street estimates, shares down 3%

Amgen Inc on Thursday forecast 2020 earnings well short of current Wall Street estimates, sending shares of the largest U.S. biotechnology company down 3%.



6 years ago
Canadian lender CIBC flags layoffs as it battles challenging environment

Canadian lender CIBC flags layoffs as it battles challenging environment

Canadian Imperial Bank of Commerce became the second Canadian bank in as many months to reveal lay offs as it contends with a tough environment for revenue growth.



6 years ago
U.S. LNG producers fear more price drops as they await China buys under Phase 1 deal

U.S. LNG producers fear more price drops as they await China buys under Phase 1 deal

China has restarted talks with U.S. liquefied natural gas marketers to buy more LNG, several industry executives told Reuters, but they are worried that any purchases may come too late to keep natural gas prices from falling further due to a glut of global supply.



6 years ago
U.S. weekly jobless claims fall; prior week revised sharply higher

U.S. weekly jobless claims fall; prior week revised sharply higher

The number of Americans filing for unemployment benefits fell last week, pointing to continued labor market strength, though applications for the prior week were much higher than initially estimated.



6 years ago
Exclusive: New tensions surface over U.S.-Mexico seasonal farm trade

Exclusive: New tensions surface over U.S.-Mexico seasonal farm trade

Fresh battle lines are being drawn that could lead to farm trade restrictions between the United States and Mexico, a letter from a top Mexican trade official seen by Reuters shows, despite the goodwill generated by the newly-signed USMCA trade pact.



6 years ago
Wall Street slides on China virus concerns, Facebook earnings

Wall Street slides on China virus concerns, Facebook earnings

U.S. stocks dropped on Thursday as the coronavirus epidemic raised fears of a further hit to China's economy, with weak earnings from Facebook and others adding to the gloom.



6 years ago
Paris shops feel the pinch as virus keeps Chinese tourists away

Paris shops feel the pinch as virus keeps Chinese tourists away

For some shopkeepers in Paris, home to prestigious stores where Chinese tourists love to splurge, an abrupt drop-off in visitors as China tries to contain a fast-spreading coronavirus health crisis is hitting hard.



6 years ago
New programs aim to help the 55 million people without workplace retirement savings plans

New programs aim to help the 55 million people without workplace retirement savings plans

Many Americans don't have access to retirement savings plans at work, and that's often the biggest reason that their balances come up short. Now new national and state efforts are trying to fix that. If successful, that could put millions of workers in a better financial position.

6 years ago
FATF Travel Rule interview with iComply: Cryptocurrency is Meant to be Trustless, Not Anonymous

FATF Travel Rule interview with iComply: Cryptocurrency is Meant to be Trustless, Not Anonymous

Blockchain News | By Lucas Cacioli | Jan 27, 2020 In June of 2019, one of the most authoritative regulatory organizations worldwide, the Financial Action Task Force (FATF ), issued new guidelines on how digital assets should be regulated. A point that caused great concern and confusion for exchanges was the “travel rule,”: which refers

6 years ago
Wall St. falls on China virus concerns, Facebook earnings

Wall St. falls on China virus concerns, Facebook earnings

U.S. stocks fell on Thursday as the coronavirus epidemic raised fears of a further hit to China's economy, while weak earnings from Facebook and others added to the gloom.



6 years ago