Latest News on private equities market

GM wins victory in ignition switch defect litigation

GM wins victory in ignition switch defect litigation

General Motors Co persuaded the federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect, which has been linked to 124 deaths.



7 years ago
In the Future, Home Will be Wherever Consumers Choose to be

In the Future, Home Will be Wherever Consumers Choose to be

Flinks | Yves-Gabriel Leboeuf | Aug 7 2019 Consumers will soon be able to benefit from the same level of trust they get from the local bank in their hometown, wherever they are in the world. Imagine for a moment that as you settle in a foreign country, you go straight to a financial institution

7 years ago
Oil dives 4% to seven-month low on surprise U.S. stock build, trade war

Oil dives 4% to seven-month low on surprise U.S. stock build, trade war

Oil prices tumbled more than 4% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington's escalating trade war with Beijing.



7 years ago
Ryanair's UK pilots vote to strike later this month

Ryanair's UK pilots vote to strike later this month

Members of Ryanair's British pilot union voted on Wednesday in favor of strike action later this month in a dispute over working conditions, the British Airline Pilots Association (BALPA) said.



7 years ago
New York Times forecasts weakness in digital ads, shares down 12%

New York Times forecasts weakness in digital ads, shares down 12%

The New York Times Co fell short of Wall Street estimates for revenue on Wednesday and warned of declines in digital advertising for the rest of the year, sending its shares down 12%.



7 years ago
Wall Street retreats as bond market fuels recession fears

Wall Street retreats as bond market fuels recession fears

U.S. stocks fell on Wednesday, as investors reeling from rising trade tensions fled riskier assets for perceived safer havens and the bond markets signaled a higher risk of recession.



7 years ago
GM wins victory in ignition switch defect lawsuits

GM wins victory in ignition switch defect lawsuits

General Motors Co persuaded the U.S. federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect, which has been linked to 124 deaths.



7 years ago

Banks pummeled as rates dive, but analysts say sell-off is an overreaction

Bank stocks are getting slammed this week as the trade war heats up but some analysts say that selling is misplaced.

7 years ago
Former Defense Secretary Mattis rejoins General Dynamics board

Former Defense Secretary Mattis rejoins General Dynamics board

Former U.S. Defense Secretary Jim Mattis will rejoin the board of defense company General Dynamics Corp , seven months after quitting his job in the Trump administration over disagreements about the president's foreign policy, the defense contractor said on Wednesday.



7 years ago
U.S. government contractors get first look at Huawei ban

U.S. government contractors get first look at Huawei ban

The U.S. agency responsible for government contracts on Wednesday released an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei.



7 years ago
Rush into U.S. bonds curbs global stock markets; gold touches 6-year high

Rush into U.S. bonds curbs global stock markets; gold touches 6-year high

Investors rushed into the safety of U.S. government bonds on Wednesday, muting a broad stocks rally as fears of a global recession grew.



7 years ago

4 key things you should do to grow your career, according to former Yum Brands CEO David Novak

There is a lot of advice out there on how to move up the ladder, but if you focus on these four things, you'll find success, says former Yum Brands CEO David Novak.

7 years ago
Asia stocks paralyzed, bonds electrified by recession risk

Asia stocks paralyzed, bonds electrified by recession risk

Asian shares braced for more volatility on Thursday as eye-catching easings by central banks stoked fears of global recession, driving U.S. yields to near-record lows and lifting gold past $1,500 for the first time since 2013.



7 years ago
Medina Mora, powerful Citigroup exec who battled scandals, dies at 69

Medina Mora, powerful Citigroup exec who battled scandals, dies at 69

Manuel Medina Mora, one of the most influential Mexican bankers to work on Wall Street during a long career at Citigroup Inc , has died, the bank's Mexican unit Citibanamex said on Wednesday. He was 69.



7 years ago
Dollar will be cut down to size if Fed gives in to market whims - Reuters poll

Dollar will be cut down to size if Fed gives in to market whims - Reuters poll

The U.S. dollar's dominance will come to an end if the Federal Reserve gives in to pressure from financial markets and President Donald Trump and chops interest rates another 50 basis points this year, a Reuters poll of market strategists showed.



7 years ago