Latest News on private equities market

Fintrac releases key updates to AML obligations, including virtual currency exchange MSB registration

Fintrac releases key updates to AML obligations, including virtual currency exchange MSB registration

CFCS | Brian Monroe | Nov 22, 2019 Fintrac releases key updates to AML obligations, including virtual currency exchange MSB registration, details tactics to verify individual, corporate identities   Canada’s Financial Transactions and Reports Analysis Centre (Fintrac), the country’s financial intelligence unit (FIU), has released a bevy of critical updates tied to anti-money laundering (AML) obligations,

6 years ago
OPEC November oil output slips before Aramco IPO, policy meeting

OPEC November oil output slips before Aramco IPO, policy meeting

OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found.



6 years ago
Judge to rule on Vivendi request to halt Mediaset European TV plan

Judge to rule on Vivendi request to halt Mediaset European TV plan

An Italian judge will decide on Vivendi's request to block Mediaset's pan-European television project after the two groups failed to settle their long-running dispute, a legal source said on Friday.



6 years ago
Global stocks dip as trade worries halt record rally, dollar falls

Global stocks dip as trade worries halt record rally, dollar falls

Oil prices slumped and a gauge of global equity markets on Friday edged away from an all-time high it was near breaching earlier in the week as doubts simmered over the outlook for signing an initial deal to ease U.S.-China trade tensions.



6 years ago
Oil slumps but still set for monthly hike ahead of OPEC+ meeting

Oil slumps but still set for monthly hike ahead of OPEC+ meeting

Oil prices fell nearly 4% on Friday in muted activity because of the U.S. Thanksgiving holiday, but were still set for monthly gains as OPEC watchers expect an extension next week to a pact to throttle oil output beyond March.



6 years ago
Exclusive: U.S. weighs new regulations to further restrict Huawei suppliers - sources

Exclusive: U.S. weighs new regulations to further restrict Huawei suppliers - sources

The U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China's Huawei, amid frustration the company's blacklisting has failed to cut off supplies to the world's largest telecoms equipment maker, two sources said.



6 years ago
Chinese envoy to Canada visits detained Huawei CFO, urges Ottawa to correct 'mistake'

Chinese envoy to Canada visits detained Huawei CFO, urges Ottawa to correct 'mistake'

China's new ambassador to Canada visited a senior Huawei Technologies Co Ltd official who is fighting extradition to the United States and urged Ottawa to release her, the embassy said on Friday.



6 years ago
Take Five: NATO -- dead or alive?

Take Five: NATO -- dead or alive?

Beneath the birthday bonhomie, tensions will be simmering as the transatlantic military alliance turns 70 and leaders of the 29 member states celebrate near London on Dec. 3-4.



6 years ago
Timeline: Twists and turns in Mediaset vs Vivendi TV drama

Timeline: Twists and turns in Mediaset vs Vivendi TV drama

Italian broadcaster Mediaset and shareholder Vivendi were negotiating on Friday to find a way to end a three-year legal battle after all-night talks failed to produce a breakthrough, sources said.



6 years ago
Mega Millions jackpot climbs to $243 million after two months with no winner

Mega Millions jackpot climbs to $243 million after two months with no winner

While the odds are stacked against players matching all six numbers, the IRS always gets its piece of the jackpot.

6 years ago
Intel says Qualcomm tactics forced it out of modem chip market

Intel says Qualcomm tactics forced it out of modem chip market

Intel Corp sold its smartphone modem chip business to Apple Inc at "a multi-billion dollar loss," the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market.



6 years ago
Airbus considering production of hybrid airplane by 2035

Airbus considering production of hybrid airplane by 2035

Airbus is considering producing a hybrid plane by 2035 as it strives for a low emission aircraft, its chief executive said.



6 years ago
A major UK lender just launched a digital bank to compete with Monzo and Revolut | Interview with Bó CEO

A major UK lender just launched a digital bank to compete with Monzo and Revolut | Interview with Bó CEO

CNBC | Chloe Taylor | Nov 28, 2019 British lender NatWest has launched a digital bank to compete in the U.K.’s thriving fintech space. NatWest — a subsidiary of RBS — launched cloud-based bank Bo on Wednesday, with the service going live on both Apple’s App store and Google Play. Those who sign up to

6 years ago
State-controlled lender Banco do Brasil sees 2020 profit up 10%: CFO

State-controlled lender Banco do Brasil sees 2020 profit up 10%: CFO

Brazilian state-controlled lender Banco do Brasil SA sees its profits likely to grow 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.



6 years ago
Permira, North Face owner among bidders for sneaker brand Golden Goose: sources

Permira, North Face owner among bidders for sneaker brand Golden Goose: sources

U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources familiar with the matter told Reuters.



6 years ago