Latest News on private equities market

Ferrari adds Roma to growing 'Prancing Horse' stable

Ferrari adds Roma to growing 'Prancing Horse' stable

Ferrari is set to roll out the Roma, a record fifth new model this year for the 'Prancing Horse', as it expands its stable to help sustain its profit and share price growth.



6 years ago
Global shares, bond yields slip on sour trade deal sentiment

Global shares, bond yields slip on sour trade deal sentiment

Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears intensifying unrest in Hong Kong may lead to a Chinese crackdown.



6 years ago
Open Banking in the UK: what’s happened so far

Open Banking in the UK: what’s happened so far

11fs Pulse | Joanne Kumire | Aug 27, 2019 Introduction to Open Banking in the UK The first step towards banking automation came in 1967 following the installation of an ATM in the UK. Over 50 years later, Open Banking arrived, ushering in a new era of digital banking, which ironically is lessening the need

6 years ago
Visa, Mastercard draw FTC inquiry over debit card transactions: Bloomberg Law

Visa, Mastercard draw FTC inquiry over debit card transactions: Bloomberg Law

The Federal Trade Commission (FTC) is conducting a preliminary inquiry on Visa Inc and Mastercard Inc over policies that can prohibit merchants from routing card transactions through other debit networks, Bloomberg Law reported on Wednesday, citing sources familiar with the matter.



6 years ago
Fed's Powell takes old-school view on U.S. borrowing capacity

Fed's Powell takes old-school view on U.S. borrowing capacity

Federal Reserve Chair Jerome Powell likes to avoid any hint of politics in his public statements, but in a seemingly non-controversial response to a question about U.S. government borrowing on Wednesday, he weighed in on one of the core issues in the political debate over how to manage the economy.



6 years ago
U.S. inflation firms on rising healthcare, energy costs

U.S. inflation firms on rising healthcare, energy costs

U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.



6 years ago
Wall Street edges higher as Fed's Powell testifies before Congress

Wall Street edges higher as Fed's Powell testifies before Congress

Wall Street's main indexes turned slightly higher on Wednesday as Federal Reserve Chair Jerome Powell said the central bank saw a "sustained expansion" ahead for the U.S. economy.



6 years ago
Trump says he will make a decision on auto tariffs soon

Trump says he will make a decision on auto tariffs soon

U.S. President Donald Trump on Wednesday said he had been briefed by his administration on the issue of whether to impose tariffs on car and auto part imports into the United States and would make a decision fairly soon.



6 years ago
Disney+ streaming service reaches 10 million sign-ups, shares surge

Disney+ streaming service reaches 10 million sign-ups, shares surge

Walt Disney Co on Wednesday said its new streaming service, Disney+, has reached 10 million sign-ups since launching on Nov. 12, sending shares up 3.5% to $143.53 on the New York Stock Exchange.



6 years ago
Facebook adds Instagram data to content moderation transparency report

Facebook adds Instagram data to content moderation transparency report

Facebook Inc released its fourth report on enforcement against content that violates its policies on Wednesday, adding data on photo-sharing app Instagram and content depicting suicide or self-harm for the first time.



6 years ago
Germany welcomes Tesla's Berlin move as boost to e-car shift

Germany welcomes Tesla's Berlin move as boost to e-car shift

The German government on Wednesday welcomed Tesla's decision to set up shop in Berlin, a move it believes will turbo-charge the country's shift into the electric car era even as costs of running a business in Europe's largest economy remain high.



6 years ago
The biggest mistakes people make with their 401(k)s

The biggest mistakes people make with their 401(k)s

These are the most common mistakes people make with their 401(k) plans.

6 years ago
German auto lobby to pick utility manager Hildegard Mueller as president: report

German auto lobby to pick utility manager Hildegard Mueller as president: report

The German carmakers lobby VDA is set to appoint conservative politician and former Innogy board member Hildegard Mueller as president, Berlin daily newspaper Der Tagesspiegel reported on Wednesday, citing sources.



6 years ago
Key antitrust lawmaker frustrated with Google's Fitbit deal

Key antitrust lawmaker frustrated with Google's Fitbit deal

Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet's Google , Facebook , Amazon and Apple on Wednesday, with the chair of a House subcommittee expressing frustration over the companies' continued acquisitions.



6 years ago
Mediation between Bayer, plaintiffs seeks to clarify all justified claims: U.S. mediator

Mediation between Bayer, plaintiffs seeks to clarify all justified claims: U.S. mediator

Mediation between Bayer and plaintiffs in the United States aims to clarify all justified claims related to Roundup herbicide both at the national and state level, mediator Ken Feinberg told a German magazine.



6 years ago