Latest News on private equities market

Fed holds off on permanent lending tool as policymakers mull details

Fed holds off on permanent lending tool as policymakers mull details

The Federal Reserve will hold off deciding whether to introduce a permanent lending facility aimed at staving off the money market ructions seen earlier this fall even as a growing number of policymakers warm to the idea, several sources told Reuters.



6 years ago
U.S. House Speaker Pelosi says enforcement is key to USMCA trade deal

U.S. House Speaker Pelosi says enforcement is key to USMCA trade deal

U.S. House of Representatives Speaker Nancy Pelosi said on Tuesday an agreement with the Trump administration on the U.S.-Mexico-Canada trade deal can be reached if it is enforceable.



6 years ago
Aston Martin launches first SUV, hopeful of a turnaround

Aston Martin launches first SUV, hopeful of a turnaround

Aston Martin, which has seen its share price plunge this year as sales failed to meet expectations after a stock market flotation, launched its first sport utility vehicle on Wednesday, hoping for a turnaround in fortunes.



6 years ago
Beijing tariff demands may expand U.S.-China 'phase one' trade deal significantly

Beijing tariff demands may expand U.S.-China 'phase one' trade deal significantly

A "phase one" trade deal between the United States and China was supposed to be a limited agreement that would allow leaders from both countries to claim an easy victory while soothing financial markets.



6 years ago
Asia shares lost in trade labyrinth, bonds get the benefit

Asia shares lost in trade labyrinth, bonds get the benefit

Asian shares lost out to safe-harbour bonds on Wednesday as Sino-U.S. trade talks produced nothing but white noise, while concerns about a supply glut left oil prices nursing their biggest one-day loss in seven weeks.



6 years ago
Factbox: The Australian financial crime regulator's accusations against Westpac

Factbox: The Australian financial crime regulator's accusations against Westpac

Australia's Westpac Banking Corp has been accused of 23 million breaches of anti-money laundering law, with regulators saying the company enabled payments from convicted child sex offenders and "high risk" countries over half a decade.



6 years ago
Australia's Westpac slapped with 23 million money laundering breaches

Australia's Westpac slapped with 23 million money laundering breaches

Regulators on Wednesday accused Australia's Westpac Banking Corp of 23 million breaches of anti-money laundering laws, saying the bank ignored red flags and enabled payments from convicted child sex offenders and "high risk" countries for years.



6 years ago
Alibaba to price shares at HK$176 in $12.9 billion Hong Kong listing: sources

Alibaba to price shares at HK$176 in $12.9 billion Hong Kong listing: sources

Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing and is set to price its shares at HK$176 each, a 2.8% discount to their New York share price, sources with direct knowledge of the matter said.



6 years ago
Asia shares trapped in a trade maze, oil nurses losses

Asia shares trapped in a trade maze, oil nurses losses

Asian shares stumbled on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply left oil prices nursing their biggest one-day loss in seven weeks.



6 years ago
NZ cenbank 'looks closely' at Australian regulator allegations against Westpac

NZ cenbank 'looks closely' at Australian regulator allegations against Westpac

New Zealand's central bank said on Wednesday that it would look closely at findings by Australia's financial crime watchdog calling Westpac Banking Corp's anti-money laundering oversight "deficient".



6 years ago
Microsoft Teams surpasses 20 million daily active users; rival Slack shares slip

Microsoft Teams surpasses 20 million daily active users; rival Slack shares slip

Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million in July.



6 years ago
Uber, distracted backup driver cited by NTSB in fatal self-driving crash

Uber, distracted backup driver cited by NTSB in fatal self-driving crash

A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company's autonomous vehicle development in an investigation into the first-ever death involving a self-driving vehicle, which also cited the vehicle's distracted back-up driver.



6 years ago
Vodafone extends tech partnership with Ryanair

Vodafone extends tech partnership with Ryanair

Vodafone has secured a seven-year technology partnership with Ryanair to handle services including online booking, passenger boarding and in-flight transactions for the Irish airline in Europe.



6 years ago
Morgan Stanley pushes advisers to boost revenue in 2020 pay plan: sources

Morgan Stanley pushes advisers to boost revenue in 2020 pay plan: sources

Morgan Stanley told financial advisers on Tuesday that they could be paid less if they do not generate more revenue or get customers to sign up for comprehensive financial plans next year, people familiar with the bank's 2020 compensation plan said.



6 years ago
After meeting AFL-CIO, Pelosi says USMCA must be enforceable for workers to win passage

After meeting AFL-CIO, Pelosi says USMCA must be enforceable for workers to win passage

U.S. House of Representatives Speaker Nancy Pelosi on Tuesday conditioned her support for a new U.S.-Mexico-Canada trade deal on better enforcement of its labor provisions, defying pressure by the Trump administration to get the deal done quickly.



6 years ago