Latest News on private equities market

U.S. to probe French plan to tax tech companies

U.S. President Donald Trump on Wednesday ordered an investigation into France's planned tax on technology companies, a probe that could lead to the United States imposing new tariffs or other trade restrictions.



6 years ago

IBM proposes changes to law shielding internet firms from user content liability

International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms.



6 years ago

Europe should brace for U.S. tariffs on several fronts: German official

European Union member states should brace for U.S. tariffs on several fronts in the months ahead, a senior German official warned late on Tuesday, just hours before Washington launched a probe of a planned French digital tax that could trigger future tariffs.



6 years ago

Ryanair sees risk to 2020 growth if 737 MAX grounded beyond November

The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans may start to spill over to next summer if the airplane is not flying again by November.



6 years ago

Last Volkswagen Beetle drives into the sunset

Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie counterculture but failed to navigate a swerve in consumer tastes toward SUVs.



6 years ago

Domestic airfares soar in Indonesia despite government price cap

When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.



6 years ago

Asia stocks rise, dollar sags as Fed chair sets stage for rate cut

Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.



6 years ago

Lockheed Martin says will keep Pennsylvania plant open

Lockheed Martin Corp has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed its chief executive to continue operations, the company said on Twitter on Wednesday.



6 years ago

Nintendo shares jump on imminent launch of Switch Lite

Shares in Japan's Nintendo Co rose more than 4% on Thursday after the company said it would soon launch Nintendo Switch Lite, a cheaper, handheld version of its hugely popular Switch games.



6 years ago

Lockheed Martin to keep Pennsylvania plant open at Trump's request

Lockheed Martin Corp has decided to keep the Sikorsky helicopter plant in Coatesville, Pennsylvania, open after U.S. President Donald Trump pressed its chief executive to continue operations, the company said on Twitter on Wednesday.



6 years ago

U.S. oil hits highest in over a month amid Gulf of Mexico storm, Iran tensions

U.S. oil futures hit their highest in over a month on Thursday as a potential hurricane threatened crude output in the Gulf of Mexico and as an incident involving a British tanker in the Middle East highlighted ongoing tensions there.



6 years ago

Asia stocks gain, dollar droops as Fed chair sets stage for rate cut

Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.



6 years ago

European startups navigate long, winding road to self-driving future

Far from the sunny, wide streets of Phoenix, where Waymo's self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities.



6 years ago

Blockstack wins first-ever SEC approval for a token offering under Reg A+ listing

The Block Crypto | Frank Chaparro | July 10, 2019 Quick Take The Security and Exchange Commission approved Blockstack’s token offering under Reg A+, an accelerated path for smaller companies to raise money publicly This is the first approval the SEC gave for a token offering, after a series of crackdowns the regulator led against

6 years ago

Richard Branson's Virgin Galactic plans to go public by end-2019

Billionaire Richard Branson's space-tourism venture, Virgin Galactic, plans to go public by the end of this year as part of a deal with a special purpose acquisition company (SPAC) created by venture-capital firms Social Capital and Hedosophia, the companies said on Tuesday.



6 years ago