Latest News on private equities market

Amazon gets U.S. patent to use delivery drones for surveillance service

Amazon gets U.S. patent to use delivery drones for surveillance service

Amazon.com Inc is exploring using drones not just to deliver packages but also to provide surveillance as a service to its customers, according to a patent granted by the United States Patent and Trademark Office.



7 years ago
Huawei files lawsuit against U.S. Commerce Department over seized equipment: filing

Huawei files lawsuit against U.S. Commerce Department over seized equipment: filing

Huawei Technologies Co Inc filed a lawsuit against the U.S. Commerce Department on Friday in a fight over whether telecommunications equipment that it sent from China to the United States, and then back to China, is covered by Export Administration Regulations, according to a court filing.



7 years ago
Brazil's Petrobras pays $700 million to Vantage Drilling after court decision

Brazil's Petrobras pays $700 million to Vantage Drilling after court decision

Brazilian state-controlled oil company Petróleo Brasileiro SA said on Friday it had made a $700 million payment to oil services provider Vantage Drilling Company in a case involving a contract that it had terminated.



7 years ago
Oil climbs on Iran tensions, stocks edge back from seven-week highs

Oil climbs on Iran tensions, stocks edge back from seven-week highs

Oil prices added to recent gains on Friday on fears any U.S. military attack on Iran would disrupt flows of crude from the Middle East, while a gauge of global stock markets edged back from seven-week highs following a run-up spurred by optimism over monetary policy.



7 years ago
Bang-up week on Wall Street ends with a whimper

Bang-up week on Wall Street ends with a whimper

Wall Street edged lower on Friday, as U.S. Vice President Mike Pence's decision to defer a speech on China policy increased optimism on upcoming trade talks between Washington and Beijing, while tensions between the United States and Iran undercut sentiment.



7 years ago
Hidrent on Microventures

Hidrent on Microventures

"Hidrent was founded in 2017 to provide homeowners a platform to request safe, reliable home services from firefighters that are looking to capitalize on their time off and physical skills. Hidrent was founded by David Heimbuch, who has senior-level experience at large technology companies like Photobucket, YuMe, and Shazam."


The post Hidrent on Microventures appeared first on Crowditz.


7 years ago
U.S. banks clear first hurdle of Federal Reserve's annual stress test

U.S. banks clear first hurdle of Federal Reserve's annual stress test

The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve that assess their ability to weather a major economic downturn.



7 years ago
General Electric to scrap California power plant 20 years early

General Electric to scrap California power plant 20 years early

General Electric Co said on Friday it plans to demolish a large power plant it owns in California after only one-third of its useful life because the plant is no longer economically viable.



7 years ago
America is trying to create 'Iran phobia': Iran's defence minister

America is trying to create 'Iran phobia': Iran's defence minister

The United States is trying to create "Iran phobia", Iran’s defence minister Amir Hatami said on Friday, according to the Iranian Labour News Agency (ILNA).



7 years ago
Australia's Qantas directs flights away from Strait of Hormuz

Australia's Qantas directs flights away from Strait of Hormuz

Australia's flag carrier, Qantas Airways Ltd, said on Friday that its flights over the Middle East would avoid the Strait of Hormuz and Gulf of Oman following the downing of a U.S. surveillance drone in the region.



7 years ago
U.S., Japan may need more tools to shore up banking system: Fed's Rosengren

U.S., Japan may need more tools to shore up banking system: Fed's Rosengren

The United States and Japan may need to shore up bank oversight to prepare for economic downturns, the head of the Federal Reserve Bank of Boston warned on Friday.



7 years ago
'White Knight' Delta buys stake in Korean Air parent, dampens activist threat

'White Knight' Delta buys stake in Korean Air parent, dampens activist threat

Delta Air Lines bought a small stake in Korean Air Lines Co's parent company and said it wants to increase it to 10%, giving a boost to the management of South Korea's top carrier that seeks to thwart a local activist fund's challenge.



7 years ago
Central banks will want oversight of Facebook's Libra: Bank of England's Carney

Central banks will want oversight of Facebook's Libra: Bank of England's Carney

Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said.



7 years ago
Exclusive: Exxon's $53 billion Iraq deal hit by contract snags, Iran tensions - sources

Exclusive: Exxon's $53 billion Iraq deal hit by contract snags, Iran tensions - sources

Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq's oil output at its southern fields, a milestone in the company's ambitions to expand in the country.



7 years ago
Dollars in the detail; banks pan for gold in 'data lakes'

Dollars in the detail; banks pan for gold in 'data lakes'

From sending special offers on restaurants to burger-loving current account holders to selling anonymised credit card records, banks are racing to monetize the huge troves of data they hold.



7 years ago