Latest News on private equities market

S&P wobbles on fresh trade uncertainty; Disney lifts Dow

S&P wobbles on fresh trade uncertainty; Disney lifts Dow

The S&P 500 and Nasdaq stock indexes slipped on Wednesday on fresh uncertainty over U.S.-China trade relations, while a jump in Walt Disney shares boosted the Dow.



6 years ago
Canada’s “spare change” saving and investing app gets backing from National Bank and Desjardins Capital

Canada’s “spare change” saving and investing app gets backing from National Bank and Desjardins Capital

Mylo | Ted Liu | Nov 5, 2019 Mylo Raises $10M Series A From Major Canadian Financial Institutions Montreal, November 5, 2019 – Mylo, the Montreal-based fintech, has secured $10M in financing for its app that helps Canadians automate their saving and investing. The Series A round was led by National Bank’s corporate venture capital

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
One day ahead of deadline, Trump says he'll decide on auto tariffs 'soon'

One day ahead of deadline, Trump says he'll decide on auto tariffs 'soon'

U.S. President Donald Trump on Wednesday said he would make a decision soon on whether to impose tariffs on cars and auto parts imported into the United States but gave no other details.



6 years ago
Futures fall as Trump speech clouds trade deal hopes

Futures fall as Trump speech clouds trade deal hopes

U.S. stock index futures fell on Wednesday, a day after the S&P 500 and Nasdaq hit new record highs, as a lack of clarity on U.S.-China trade relations from President Donald Trump and escalating tensions in Hong Kong dampened risk appetite.



6 years ago
Open enrollment for workplace benefits is almost over. Here are five last-minute tips

Open enrollment for workplace benefits is almost over. Here are five last-minute tips

As this year's open enrollment season winds down, there are a few benefits decisions worth revisiting before it's too late.

6 years ago
Google is getting into banking with the search giant set to offer checking accounts next year

Google is getting into banking with the search giant set to offer checking accounts next year

Google will become the latest technology company to wade into banking with the search giant set to offer checking accounts next year, a source says.

6 years ago
European shares knocked off four-year highs by Trump speech

European shares knocked off four-year highs by Trump speech

European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to "substantially" increase tariffs if China failed to agree a trade deal, and he also took a swipe at European Union trade policies.



6 years ago
Unilever appoints Nils Andersen as chairman, replacing Dekkers

Unilever appoints Nils Andersen as chairman, replacing Dekkers

Unilever named Danish businessman Nils Andersen as chairman on Wednesday, hoping his experience of consumer goods and logistics will help the group navigate a slowdown in its biggest markets and re-energize its foods business.



6 years ago
Google to offer checking accounts for consumers: WSJ

Google to offer checking accounts for consumers: WSJ

Alphabet Inc's Google will offer checking accounts to customers starting next year in a finance push, the Wall Street Journal reported on Wednesday.



6 years ago
Tesla's Berlin move reflects Germany's carmaking prowess: minister

Tesla's Berlin move reflects Germany's carmaking prowess: minister

German Economy Minister Peter Altmaier said on Wednesday that U.S. electric vehicle pioneer Tesla's announcement that it will build its first European factory near Berlin was a result of Germany being renowned as a carmaking hub.



6 years ago
Takeaway CEO has no plans to raise $5.5 billion Just Eat bid

Takeaway CEO has no plans to raise $5.5 billion Just Eat bid

Takeaway.com Chief Executive Jitse Groen said on Wednesday he did not intend to increase a 4.3 billion pound ($5.5 billion) offer for Britain's Just Eat , despite a higher unsolicited bid from larger rival Prosus .



6 years ago
Russia to cut share of U.S. dollar in National Wealth Fund, mulls other currencies

Russia to cut share of U.S. dollar in National Wealth Fund, mulls other currencies

Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday.



6 years ago
Brexit drove Tesla to pick Berlin over Britain for new factory: report

Brexit drove Tesla to pick Berlin over Britain for new factory: report

Britain missed its chance to host the first European factory of U.S. electric vehicle pioneer Tesla because of Brexit, Chief Executive Elon Musk said in remarks reported on Wednesday.



6 years ago
Exclusive: U.S. manufacturing group hacked by China as trade talks intensified - sources

Exclusive: U.S. manufacturing group hacked by China as trade talks intensified - sources

As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald Trump's trade policies, according to two people familiar with the matter.



6 years ago