Latest News on private equities market

Virus fears sap stocks; ECB gets ready for rethink

Virus fears sap stocks; ECB gets ready for rethink

World shares fell on Thursday, led by the biggest tumble in Chinese stocks in more than eight months, as concern mounted about a new coronavirus outbreak in China.



6 years ago
Insys founder faces stiff prison sentence, $100 million-plus in forfeiture

Insys founder faces stiff prison sentence, $100 million-plus in forfeiture

John Kapoor, the founder of Insys Therapeutics Inc, on Thursday could be sentenced to several years in prison and ordered to forfeit up to $113 million for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis.



6 years ago
Wall Street's next trading innovation: Airfare derivatives

Wall Street's next trading innovation: Airfare derivatives

Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against any drop in ticket prices.

6 years ago
United States cautions Britain over Huawei

United States cautions Britain over Huawei

The United States cautioned Britain ahead of a decision by Prime Minister Boris Johnson on what role Huawei will have in 5G telecommunications networks that Washington still had significant concerns about the Chinese telecoms behemoth.



6 years ago
Wall Street's next trading innovation: Airline fares derivatives

Wall Street's next trading innovation: Airline fares derivatives

Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against any drop in ticket prices.

6 years ago
Vanguard investors may be filing taxes later than expected. Here's why

Vanguard investors may be filing taxes later than expected. Here's why

Some investors at Vanguard will be receiving two sets of tax forms for 2019 because they moved from the firm's mutual fund platform to its brokerage account last year. Here's what that might mean for tax season.

6 years ago
Dutch road authority finds Jeep, Suzuki models broke emissions rules

Dutch road authority finds Jeep, Suzuki models broke emissions rules

The Dutch road authority has recalled Jeep Cherokees throughout Europe for a software update, it said on Thursday, after completing an investigation into fraudulent emissions strategies by Suzuki and Jeep diesel models.



6 years ago
Southwest quarterly profit falls on mounting 737 MAX costs

Southwest quarterly profit falls on mounting 737 MAX costs

Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked well into this year.



6 years ago
Mexico goes ghost as its oil hedge bill spirals

Mexico goes ghost as its oil hedge bill spirals

Mexico is playing a risky game of hide and seek with the oil market.



6 years ago
Oil falls as spectre of China virus looms over fuel demand

Oil falls as spectre of China virus looms over fuel demand

Oil prices fell on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.



6 years ago
Exclusive: Guyana opening search for oil firm to trade its crude - official

Exclusive: Guyana opening search for oil firm to trade its crude - official

Guyana's government next month plans to begin a search for an oil company or trading firm to market its share of the South American country's crude, the director of the Department of Energy, Mark Bynoe, said in an interview.



6 years ago
Regulator charges ex-Wells Fargo executives for role in sales scandal

Regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank's sales practices scandal.



6 years ago
Bank regulator charges ex-Wells Fargo executives for role in sales scandal

Bank regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank's three-year sales practices scandal.



6 years ago
Dollar up vs euro as ECB holds rates steady, launches review

Dollar up vs euro as ECB holds rates steady, launches review

The dollar rose against the euro on Thursday after the European Central Bank held interest rates steady and launched a broad review of its policy that was likely to see new President Christine Lagarde redefine the ECB's main goal and how to achieve it.



6 years ago
American, Southwest say demand helping competitors while 737 MAX sits parked

American, Southwest say demand helping competitors while 737 MAX sits parked

Healthy travel demand is cushioning results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, while warning they are losing customers as their Boeing 737 MAX jets remain parked in a global grounding.



6 years ago