Latest News on private equities market

Aiding 'organized crime': India alleges 22 audit violations by Deloitte, KPMG arm in fraud case

India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating a fraud at a financial company, leading it to seek a five-year ban on the auditors, according to government legal filings seen by Reuters.



5 years ago

Tesco has no plans to exit central Europe: chairman

British retailer Tesco has no plans to exit its central European operations, Chairman John Allan said on Thursday.



5 years ago

Morgan Stanley sees 17% upside at Disney thanks to its new streaming service

Morgan Stanley raised its forecast for Disney as interest in the media giant's new streaming service puts it on a path for healthy profits.

5 years ago

IPOs are one of the hottest trades of the year, doubling the market's return

IPO watchers were fearful an avalanche of IPOs would cause a crash in the market, but the big tech unicorns have been winners so far.

5 years ago

Lululemon rallies but another athleisure stock is racing ahead of the pack

Lululemon worked up a sweat Thursday, but another athleisure stock is besting the competition: Under Armour. The workout gear stock is tracking for its best annual performance in five years.

5 years ago

U.S. retailers' halting outlook reveals scale of tariff fear

The first half of 2019 was expected to be a boon for U.S. retailers, buoyed by solid consumer sentiment at home and expansion in China - the market many of them have targeted for the future.



5 years ago

DHL says it will invest $150 million to expand U.S. healthcare business

Deutsche Post DHL Group on Thursday said it will spend $150 million this year to expand its U.S. healthcare distribution network capacity by roughly 40 percent.



5 years ago

Uber enlists "Qute" to take on India's choked, polluted roads

Uber Technologies Inc has launched a new ride-hailing service in India's tech capital Bengaluru that will use miniature gas-powered cars called "Qute" to win over commuters stressed out by the sprawling city's heavily-congested streets.



5 years ago

Energy shares power Wall Street higher

Gains in energy shares helped Wall Street's main indexes snap two days of weakness and trade higher on Thursday, with hopes of an interest rate cut adding to the upbeat sentiment.



5 years ago

Wall St. higher as oil surges after tanker attacks in Gulf of Oman

U.S. stocks continued their climb on Thursday after two days of declines as energy shares gained on higher oil prices following suspected attacks on two tankers in the Gulf of Oman.



5 years ago

SmartHalo crowdfunds an additional $1 million for smart biking device

Betakit | Isabelle Kirkwood | June 13, 2019 Montreal-based SmartHalo, a smart biking device developer, has successfully crowdfunded $1 million for the second generation of its product on Kickstarter. “It made sense to return to Kickstarter after the success of the first SmartHalo campaign,” the company wrote on its Kickstarter page. “It’s a great platform

5 years ago

U.S. denies Tesla tariff relief request for Chinese-made Model 3 'brain'

The Trump administration has denied requests to exempt Tesla Inc's Model 3 from 25% tariffs on its Chinese-made car computer and center screen, according to letters seen by Reuters.



5 years ago

Oil surges on Gulf tanker attacks, Treasury yields fall

Oil futures jumped on Thursday after suspected attacks on two tankers off the coast of Iran, while U.S. Treasury yields edged lower as economic data seemed to strengthen the case for the Federal Reserve to cut interest rates this year.



5 years ago

U.S. weekly jobless claims rise; imported inflation subdued

The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May.



5 years ago

Southwest to keep Boeing 737 MAX off schedule through Sept. 2

Southwest Airlines Co said on Thursday it would keep the Boeing Co 737 MAX jet off its flying schedule through Sept. 2, as the timing of the return of the troubled airplane to service remained uncertain.



5 years ago