Latest News on private equities market

Ex-Seattle tech worker arrested for Capital One hack - U.S. Justice Department

Ex-Seattle tech worker arrested for Capital One hack - U.S. Justice Department

The U.S. Justice Department said Paige Thompson, a former Seattle technology company software engineer, was arrested on Monday on a criminal complaint charging computer fraud and abuse for hacking into stored data of Capital One Financial Corp .



7 years ago
Capital One says information of over 100 million individuals in U.S., Canada hacked

Capital One says information of over 100 million individuals in U.S., Canada hacked

Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.



7 years ago
Asia stocks higher ahead of Fed, pound pressured by fresh Brexit pain

Asia stocks higher ahead of Fed, pound pressured by fresh Brexit pain

Asian stocks edged up on Tuesday as equity investors prepared for an expected U.S. interest rate cut this week while heightened concerns in currency markets about a no-deal Brexit sent the pound to a 28-month low.



7 years ago
Aircraft lessor BOC Aviation expects delayed delivery of up to 30 jets

Aircraft lessor BOC Aviation expects delayed delivery of up to 30 jets

Aircraft lessor BOC Aviation Ltd said on Tuesday it expected up to 30 Boeing Co and Airbus SE jets that had been scheduled to arrive this year could be delayed, primarily due to the Boeing 737 MAX grounding.



7 years ago
Huawei's China smartphone market share jumps as rivals lose ground: Canalys

Huawei's China smartphone market share jumps as rivals lose ground: Canalys

Huawei Technologies [HWT.UL] extended its lead in a declining China smartphone market in the second quarter, with its market share rising to 38% as all other top vendors lost ground, according to data from market research firm Canalys.



7 years ago
Asia stocks gain ahead of Fed, pound pressured by fresh Brexit pain

Asia stocks gain ahead of Fed, pound pressured by fresh Brexit pain

Asian stocks gained on Tuesday as equity investors prepared for an expected U.S. interest rate cut this week while the pound retreated to a 28-month low as heightened concerns about a no-deal Brexit gripped currency markets.



7 years ago
Khazanah, Temasek to sell part of joint Singapore property for about $1.2 billion

Khazanah, Temasek to sell part of joint Singapore property for about $1.2 billion

A joint venture between Malaysia sovereign wealth fund Khazanah and Singapore state investor Temasek is selling the office and retail units of its DUO property development in Singapore, it said late on Monday.



7 years ago
Grab says to invest $2 billion in Indonesia using funds from SoftBank

Grab says to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japanese technology investor SoftBank Group Corp .



7 years ago
SoftBank Group CEO says to invest $2 billion in ride-hailing app Grab

SoftBank Group CEO says to invest $2 billion in ride-hailing app Grab

Japan's SoftBank Group Corp will invest $2 billion in ride-hailing app Grab, its chief executive, Masayoshi Son, told reporters in Jakarta on Monday.



7 years ago
Global shares ease ahead of Fed test, dollar hits two-month high

Global shares ease ahead of Fed test, dollar hits two-month high

Global shares eased on Monday and the dollar hit a two-month high against a basket of currencies as markets counted down to a likely cut in U.S. interest rates this week, with much riding on whether the Federal Reserve signals yet more are to come.



7 years ago
Citi combines its stock trading and prime brokerage business

Citi combines its stock trading and prime brokerage business

Citigroup Inc is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other investors.



7 years ago
Brexit worries knock sterling; stocks slip

Brexit worries knock sterling; stocks slip

The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally on Monday after last week hitting their highest in five months.



7 years ago

How Democratic presidential candidate Joe Biden would increase Social Security benefits

Biden, who is currently leading in the polls, wants to change Social Security to prevent the eldest workers from running out of money and the the poorest from retiring into poverty. To do that, the plan calls for raising taxes on high earners.

7 years ago
Exclusive: India's SBI tightens lending terms for auto dealers - source, internal memo

Exclusive: India's SBI tightens lending terms for auto dealers - source, internal memo

State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn.



7 years ago
Mylan to combine with Pfizer's off-patent medicines unit

Mylan to combine with Pfizer's off-patent medicines unit

Mylan NV confirmed on Monday that it would combine with Pfizer Inc's off-patent branded and generic established medicines business to form a global generic drugmaker.



7 years ago