Latest News on private equities market

Wall Street slides on coronavirus fears, Intel limits losses

Wall Street slides on coronavirus fears, Intel limits losses

U.S. stocks fell on Friday amid renewed concerns over the spreading of a coronavirus outbreak from China, offsetting strong gains for Intel.



6 years ago
Oil drops more than 2%, heads for weekly loss on China virus fears

Oil drops more than 2%, heads for weekly loss on China virus fears

Crude prices fell more than 2% on Friday, heading toward $60 a barrel and a steep weekly decline over concerns that the coronavirus in the world's second-largest oil consumer China will spread farther, curbing travel and oil demand.



6 years ago
On the second anniversary of open banking, what’s next?

On the second anniversary of open banking, what’s next?

Verdict | Ellen Daniel | Jan 13, 2020 Open banking was first launched in January 2018 and received much attention from the financial community as the potential bringer of fintech disruption. The regulations require UK-regulated banks to share their customers’ financial data (with permission) with third party providers through the use of application programming interfaces

6 years ago
Boeing weighing new 787 Dreamliner production cut: sources

Boeing weighing new 787 Dreamliner production cut: sources

Boeing Co is weighing another production cut of its 787 Dreamliner, but may not have to take that step depending on the size and timing of orders from China stemming from a recent U.S. trade agreement, people briefed on the matter said Friday.



6 years ago
Wall Street bogged down by China virus fears, Intel limits losses

Wall Street bogged down by China virus fears, Intel limits losses

Wall Street came under pressure on Friday as investors sold energy, financial and healthcare stocks on mounting fears over the coronavirus outbreak in China, while strong gains for chipmaker Intel limited losses on the main indexes.



6 years ago
Brazil investors pour record $5.4 billion into domestic equity funds: BAML

Brazil investors pour record $5.4 billion into domestic equity funds: BAML

Brazilian investors are pouring a record amount of cash into local equity funds, while foreign investors notched up their sixth straight week of buying, Bank of America Merrill Lynch said on Friday.



6 years ago
Here's one way to help figure out how much of a cash cushion you need

Here's one way to help figure out how much of a cash cushion you need

A new online tool lets you see how much you need to make it through a simultaneous dip in income and a spike in expenditures.

6 years ago
Walmart testing higher minimum wage for some staffers: Bloomberg

Walmart testing higher minimum wage for some staffers: Bloomberg

Walmart Inc is testing out a higher starting wage for certain jobs in about 500 stores as part of an overhaul of roles and responsibilities in the United States, Bloomberg reported on Friday.



6 years ago
The paradox of 2020 VC is that the largest funds are doing the smallest rounds

The paradox of 2020 VC is that the largest funds are doing the smallest rounds

TechCrunch | Danny Crichton | Jan 17, 2020 I talked yesterday about how VCs are just tired these days. Too many deals, too little time per deal, and constant hyper-competition with other VCs for the same equity. One founder friend of mine noted to me last night that he has already received inbound requests from

6 years ago
Tesla touts safeguards as senator urges company to rebrand 'Autopilot'

Tesla touts safeguards as senator urges company to rebrand 'Autopilot'

Tesla Inc touted safeguards to its driver assistance system "Autopilot" after a Democratic U.S. senator on Friday urged the automaker to rebrand the system because it has "an inherently misleading name."



6 years ago
New Huawei restriction in limbo after Pentagon disagrees with Commerce approach

New Huawei restriction in limbo after Pentagon disagrees with Commerce approach

The U.S. Commerce Department has put on hold a rule aimed at further reducing sales to China’s Huawei Technologies amid pushback from the Defense Department, people familiar with the matter said.



6 years ago
Intel's blockbuster results lift shares to dotcom peak, fire up sector

Intel's blockbuster results lift shares to dotcom peak, fire up sector

Intel Corp's shares hit their highest in nearly two decades on Friday after cloud computing demand fired up the chipmaker's data center business and allayed concerns of market share loss to rival AMD, lifting stocks across the sector.



6 years ago
Take Five: When China sneezes

Take Five: When China sneezes

Wuhan in central China is the size of London. But these days, flights to and from the city are canceled, highways are shut and soldiers guard the railway station, as China tries to quarantine the center of a virus outbreak that had by Friday killed 26 people and infected hundreds globally. That's actually reassuring when compared to the secretive handling of the 2003 SARS epidemic. And the World Health Organisation says while this is "an emergency in China", it's not of international concern yet



6 years ago
Oil falls below $61, heads for weekly loss on China virus concerns

Oil falls below $61, heads for weekly loss on China virus concerns

Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in China may spread, curbing travel and oil demand, outweighed the impact of cuts to supply.



6 years ago
Positive eurozone data pushes global equity markets higher

Positive eurozone data pushes global equity markets higher

Global equity markets rebounded on Friday, with the U.S. Nasdaq Composite Index hitting a record high, as investors took in positive economic data from Europe and worried less about the potential economic toll of the coronavirus outbreak in China.



6 years ago