Latest News on private equities market

HSBC and RBS set to launch new digital banking platforms

HSBC and RBS set to launch new digital banking platforms

British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups.



6 years ago
SunPower to split into two publicly listed companies

SunPower to split into two publicly listed companies

Solar cell and panel maker SunPower on said Monday it would split into two separate publicly traded companies.



6 years ago
Oil falls after Trump downplays optimistic China trade reports

Oil falls after Trump downplays optimistic China trade reports

Oil prices dipped on Monday after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.



6 years ago
China's Jingye Group in talks to buy British Steel

China's Jingye Group in talks to buy British Steel

China's Jingye Group is in talks to buy British Steel, it said on Monday, in a deal estimated to be worth 70 million pounds ($90 million) that could protect thousands of British jobs.



6 years ago
Adidas to close German, U.S. robot factories

Adidas to close German, U.S. robot factories

Adidas plans to close high-tech "robot" factories in Germany and the United States it launched to bring production closer to customers, saying on Monday deploying some of the technology in Asia would be "more economic and flexible".



6 years ago
Two-thirds of adults fear a recession could come next year, Invest In You survey finds

Two-thirds of adults fear a recession could come next year, Invest In You survey finds

Some financial strategies can help make sure you stay above water if the economy starts to wobble.

6 years ago
7 tips to avoid overspending and going into debt this holiday season

7 tips to avoid overspending and going into debt this holiday season

About half of Americans expect to spend about the same amount on gifts for friends and family this holiday season, according to the CNBC and Acorns Invest in You survey released Monday. Experts give tips on how not to go into debt in the process.

6 years ago
Alibaba's Singles' Day sales hit $30 billion, on track for record

Alibaba's Singles' Day sales hit $30 billion, on track for record

Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles' Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year.



6 years ago
Recession gatecrashes Hong Kong’s fintech party | SFC outlines VATP regulatory framework and China’s digital currency

Recession gatecrashes Hong Kong’s fintech party | SFC outlines VATP regulatory framework and China’s digital currency

Reuters | Sharon Lam | Nov 8, 2019 Recession gatecrashes Hong Kong’s fintech party HONG KONG (Reuters Breakingviews) - Hong Kong’s economic travails are an unwelcome guest in the city’s fintech party. Enthusiasm for online-only banks was palpable at the Fintech Week conference. Yet months of political unrest have hit small businesses, and the added

6 years ago
Weak 2019 earnings growth paves the way for a strong 2020 earnings picture, boosting stocks

Weak 2019 earnings growth paves the way for a strong 2020 earnings picture, boosting stocks

As forward earnings estimates have fallen since the start of October, stocks have rallied.

6 years ago
137 million Americans are struggling with medical debt. Here's what to know if you need some relief

137 million Americans are struggling with medical debt. Here's what to know if you need some relief

High health-care bills are the No. 1 reason that people would consider taking money from retirement accounts or filing for bankruptcy. Medical experts weigh in on what you can do to try to ease the burden.

6 years ago
Apple co-founder says Apple Card algorithm gave wife lower credit limit

Apple co-founder says Apple Card algorithm gave wife lower credit limit

Apple Inc co-founder Steve Wozniak joined in the online debate accusing the algorithm behind the iPhone maker's credit card of discriminating by gender, deepening the scrutiny surrounding the newly launched Apple Card.



6 years ago
Asian shares pick up on U.S.-China trade deal hopes

Asian shares pick up on U.S.-China trade deal hopes

Asian shares edged higher on Monday after U.S. President Donald Trump said over the weekend that trade talks with China were moving along "very nicely", though uncertainty remained over whether a deal would be signed this year.



6 years ago
Alibaba Singles' Day sales hit $23 billion in first nine hours

Alibaba Singles' Day sales hit $23 billion in first nine hours

Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles' Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year.



6 years ago
Asian shares give up gains as Hong Kong chaos hits sentiment

Asian shares give up gains as Hong Kong chaos hits sentiment

Asian shares reversed gains on Monday, the yen ticked higher and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war.



6 years ago