Latest News on private equities market

Subscriptions build revenue for companies but sap customers' wallets

Subscriptions build revenue for companies but sap customers' wallets

Seemingly small monthly charges are adding up as people "subscribe" instead of owning an asset outright.

6 years ago
Airbnb teams up with the IOC to provide Games accommodation

Airbnb teams up with the IOC to provide Games accommodation

Short-term home rental company Airbnb Inc has joined the ranks of leading sponsors of the Olympic Games with a nine year deal to help provide accommodation for the world's biggest sporting event and cut the cost for host cities.



6 years ago
T-Mobile CEO Legere to step down next year

T-Mobile CEO Legere to step down next year

T-Mobile US Inc Chief Executive Officer John Legere will step down next year, the company said on Monday, less than three weeks before it goes to trial to determine the fate of its planned $26.5 billion merger with smaller rival Sprint Corp .



6 years ago
Dollar slips, stocks ease on fresh doubts on trade deal

Dollar slips, stocks ease on fresh doubts on trade deal

The dollar slipped and global equity markets traded little changed on Monday, halting a rally that lifted a key index to just under a new high, after a media report cast fresh doubts on reaching phase one of a U.S.-China trade deal.



6 years ago
U.S. grants Huawei new 90-day license extension

U.S. grants Huawei new 90-day license extension

The Trump administration on Monday issued a new 90-day extension allowing U.S. companies to continue doing business with China's Huawei Technologies Co Ltd as U.S. regulators continue crafting rules on telecommunications firms that pose national security risks.



6 years ago
Airbus dominates second day of Dubai show as Boeing wins MAX order

Airbus dominates second day of Dubai show as Boeing wins MAX order

Gulf airlines Emirates and Air Arabia spent a combined $30 billion at list prices on Airbus jetliners as the Dubai Airshow burst into life on Monday, while Boeing won a symbolic first official order for the 737 MAX since its grounding in March.



6 years ago
With stores burned and looted, Walmart seeks police protection in riot-hit Chile

With stores burned and looted, Walmart seeks police protection in riot-hit Chile

Walmart has sought court orders for police protection in protest-wracked Chile after more than 120 of its supermarkets were looted or burned.



6 years ago
Wall Street nudges up as investors await U.S.-China trade clarity

Wall Street nudges up as investors await U.S.-China trade clarity

Wall Street's three main indexes on Monday barely extended the previous session's closing records as investors waited for concrete progress on U.S.-China trade relations after mixed headlines.



6 years ago
ArcelorMittal willing to re-commit to Ilva steel plant on three conditions: paper

ArcelorMittal willing to re-commit to Ilva steel plant on three conditions: paper

ArcelorMittal is drafting a plan to re-commit to the 2018 deal, under which it bought the troubled Ilva steel plant in southern Italy, on three conditions, Il Messaggero daily reported on Monday.



6 years ago
UBS Chief Ermotti wants to stay until 2021: report

UBS Chief Ermotti wants to stay until 2021: report

UBS's Sergio Ermotti wants to remain as chief executive of Switzerland's biggest bank until 2021, Swiss website Finews reported on Monday, citing unnamed sources.



6 years ago
Kuwait's Jazeera unhappy with Airbus delays, no plans for aircraft order this week

Kuwait's Jazeera unhappy with Airbus delays, no plans for aircraft order this week

Kuwait's Jazeera Airways is unhappy with delivery delays of Airbus aircraft and has no plans to place an order at this week's Dubai Airshow, its chief executive said.



6 years ago
Lawsuit against Boeing seeks to hold board liable for 737 MAX problems

Lawsuit against Boeing seeks to hold board liable for 737 MAX problems

A shareholder lawsuit filed on Monday accused Boeing Co's board of doing nothing to investigate the safety of the 737 MAX until the fast-selling plane suffered a second deadly crash in five months.



6 years ago
Auto parts supplier Prevent Group sues Volkswagen for suppressing competition

Auto parts supplier Prevent Group sues Volkswagen for suppressing competition

Volkswagen parts supplier Prevent Group on Monday filed a lawsuit alleging the German automaker used anticompetitive tactics to stop larger suppliers like the company from acquiring smaller rivals in the United States.



6 years ago
Impact investing pioneers partner up

Impact investing pioneers partner up

Investment Executive | James Langton | November 7, 2019 Vancity Community Investment Bank to acquire CoPower investment platform Toronto-based Vancity Community Investment Bank (VCIB),  a subsidiary of Vancouver City Savings Credit Union, will bolster the bank’s impact investing capabilities by buying Montreal-based green investment platform CoPower Inc., VCIB announced Thursday. The transaction brings together a bank devoted to

6 years ago
Amazon offers ad-supported free music streaming service

Amazon offers ad-supported free music streaming service

Amazon.com Inc said on Monday it has introduced an ad-supported free version of its music streaming service Amazon Music, taking on rival Spotify Technology which has nearly 140 million users for its free version.



6 years ago