TechCrunch | Darrell Etherington | Dec 3, 2019 Canadian venture capital firm Portag3 Ventures has closed a second fund focused on investing in fintech startups, with final commitments from institutional and strategic LPs totally $427 million CAD (around $320 million USD). The fund will focus on early-stage investments, and it’ll look to invest in companies
Novacap | Release | Dec 3, 2019 Novacap is the first private equity firm in Canada to launch a fund dedicated to financial services. MONTREAL, Dec. 3, 2019 /PRNewswire/ - Novacap, one of Canada's leading private equity firms, announced the introduction of a new sector fund and its first closing. Novacap Financial Services I (the "Fund")
UBS found stocks with a current dividend yield greater than 1% and a forecast for strong dividend growth over the next three years.
Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles.
Renault SA , Nissan Motor Co and Mitsubishi Motors on Wednesday said they had promoted Hadi Zablit to general secretary of their automaking alliance to accelerate business efficiencies across the companies.
European stocks opened higher on Wednesday, recovering some of the losses made in the previous session when U.S. President Donald Trump surprised world markets by saying a trade deal with China could wait until after the 2020 presidential election.
Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin.
Postal Savings Bank of China said investors had opted out of paying for 3% of shares on offer in its Shanghai listing - a rare development that underscores growing concerns over problems in China's banking system.
Orange said it planned to carve out its mobile towers in most European countries where it is present, in a move aimed at shoring up the telecom group's value as tough competition in the region has hampered its growth and margins.
Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver.
Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift prices.
Renault SA , Nissan Motor Co and Mitsubishi Motors on Wednesday said they had appointed Hadi Zablit as general secretary of their automaking alliance to accelerate business efficiencies across the companies.
Investors cheered Spanish group Repsol's pledge to slash net carbon emissions to zero by mid-century, saying they hope it will pile pressure on rival oil and gas companies to follow suit in the fight against climate change.
President Donald Trump's son-in-law Jared Kushner has added another role to his long list of White House duties - U.S.-China trade negotiator - as Washington and Beijing try to reach an initial agreement to avoid new U.S. tariffs on Dec. 15.
Wall Street's poor start to December has some investors bracing for a choppy end-of-year as fears about the U.S.-China trade war resurface.