Latest News on private equities market

AB Volvo truck orders tumble as markets hit brakes in third-quarter

AB Volvo truck orders tumble as markets hit brakes in third-quarter

Sweden's AB Volvo on Friday reported a sharp fall in order intake of its trucks in the third quarter and forecast slumping market demand on both sides of the North Atlantic next year, taking the shine off forecast-beating earnings.



6 years ago
Asian shares slump after weak China GDP, pound retreats

Asian shares slump after weak China GDP, pound retreats

Asian stocks stumbled on Friday, erasing earlier gains after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal.



6 years ago
Holiday Inn-owner IHG bruised by weak bookings in China, Hong Kong

Holiday Inn-owner IHG bruised by weak bookings in China, Hong Kong

Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and protests in Hong Kong for a 0.8% fall in quarterly revenue per room on Friday, the latest company to be pinched by weaker global travel.



6 years ago
Oil ebbs as China's slowest GDP growth in almost three decades stokes demand fears

Oil ebbs as China's slowest GDP growth in almost three decades stokes demand fears

Oil prices slid on Friday on jitters over demand from China after the world's largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States.



6 years ago
Apple's Cook meets China regulator after pulling Hong Kong app

Apple's Cook meets China regulator after pulling Hong Kong app

Apple Inc CEO Tim Cook met the chief of China's market regulator in Beijing on Thursday, the Chinese agency said, a week after the U.S. firm was thrust into the midst of political tensions between the mainland and protesters in Hong Kong.



6 years ago
Canadian fintech adoption rate hits 50 per cent, but still trails global peers: EY

Canadian fintech adoption rate hits 50 per cent, but still trails global peers: EY

Financial Post | Geoff Zochodne | Oct 15, 2019 China and India, at 87 per cent, sported the highest rates of adoption and the United Kingdom clocked in at 71 per cent adoption Canadian consumers have greatly increased their use of financial technology, such as payment or budgeting apps, but trail their global counterparts in

6 years ago
Here's what every major analyst is saying about Netflix's earnings report

Here's what every major analyst is saying about Netflix's earnings report

Wall Street analysts agreed Netflix's earnings report was better than expected but expectations remain high going forward.

6 years ago
Cybercrime FinTech, Flare Systems, Raises $1M, Led by Luge Capital

Cybercrime FinTech, Flare Systems, Raises $1M, Led by Luge Capital

Luge Capital and Flare Systems | Sonia Gasparini | Oct 17, 2019 Flare Systems Enables Financial Institutions to Protect Themselves from Financial Crimes Before They Happen Montréal, October 17, 2019 - Flare Systems has closed a $1 million seed round led by Luge Capital, with WhiteStar Capital participating in the round.  The investment enables Flare

6 years ago
Goldman Sachs is slashing employee pay as it ramps up new tech ventures like the Apple Card

Goldman Sachs is slashing employee pay as it ramps up new tech ventures like the Apple Card

It's just the latest sign of the times for Wall Street and Goldman in particular.

6 years ago
Surging SUV demand is canceling out the environmental benefit from electric cars

Surging SUV demand is canceling out the environmental benefit from electric cars

According to a new study from the International Energy Agency, SUVs now account for 40% of worldwide car sales, and it's having a big impact on carbon emissions.

6 years ago
'Panama Papers' law firm sues Netflix over film based on scandal

'Panama Papers' law firm sues Netflix over film based on scandal

Mossack Fonseca, a Panamanian law firm at the center of the "Panama Papers" scandal, has filed a lawsuit against Netflix Inc over its new movie based on the case, accusing the video streaming company of defamation and seeking to stop the film's release.



6 years ago
Nestle posts slightly slower sales growth, revamps waters business

Nestle posts slightly slower sales growth, revamps waters business

Food group Nestle announced a new share buyback program of up to 20 billion Swiss francs ($20.13 billion) and changes to its waters business on Thursday after organic sales growth slowed slightly to 3.7% in the third quarter, from 3.9% in the previous quarter.



6 years ago
Qatar Airways says may convert orders for Boeing 777-8 jet to 777-9

Qatar Airways says may convert orders for Boeing 777-8 jet to 777-9

Qatar Airways said it may convert its 10 orders for the Boeing Co ultra-long-range 777-8 widebody jet to the larger 777-9, depending on the performance of the 777-9.



6 years ago
Ericsson third-quarter core profit tops forecast, lifts 2020 sales target

Ericsson third-quarter core profit tops forecast, lifts 2020 sales target

Telecoms equipment maker Ericsson reported quarterly core earnings far ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger market and currency effects.



6 years ago
As 'Cannabis 2.0' kicks off in Canada, industry strangled by limited retail outlets

As 'Cannabis 2.0' kicks off in Canada, industry strangled by limited retail outlets

A year after Canada legalized use of recreational marijuana cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused drinks and other products will quickly lift shares may be in for a bumpy ride.



6 years ago