Latest News on private equities market

China launches inquiry into FedEx parcel delivery errors: Xinhua

China launches inquiry into FedEx parcel delivery errors: Xinhua

Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China's official Xinhua news agency reported on Friday.



7 years ago
Safe havens emerge in China, South Asia as recession risks grow

Safe havens emerge in China, South Asia as recession risks grow

Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.



7 years ago
Local labor laws apply to Ryanair employees: Belgian court

Local labor laws apply to Ryanair employees: Belgian court

Belgium's labor laws can apply to Ryanair employees based in the country, a local court ruled on Friday, in a case that could set a precedent elsewhere in Europe and upholds a 2018 agreement reached between the airline and Belgian unions.



7 years ago
Google policy head retools team for global lobbying push

Google policy head retools team for global lobbying push

Alphabet Inc's Google is trying to plug a surge of public scrutiny around the world by overhauling how its policy office operates, with increased emphasis on having policy staffers and top company executives alike building relationships with governments, people familiar with the matter said this week.



7 years ago
Asia stocks subdued ahead of China data, Gulf attacks support oil

Asia stocks subdued ahead of China data, Gulf attacks support oil

Asian stocks were subdued on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers in the Gulf of Oman.



7 years ago
Asia stocks steady after oil surge lifts Wall Street

Asia stocks steady after oil surge lifts Wall Street

Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world's main sea lanes.



7 years ago
Huawei says it is readying possible Hongmeng software roll-out

Huawei says it is readying possible Hongmeng software roll-out

An executive of China's Huawei, which has been banned from working with U.S. tech firms, said on Thursday that the telecoms giant is in the process of potentially launching its "Hongmeng" operating system (OS) to replace the U.S. Android OS.



7 years ago
Toronto’s Wave Financial purchased by H&R Block for $537-million

Toronto’s Wave Financial purchased by H&R Block for $537-million

Globe and Mail | Sean Silcoff | June 11, 2019 Toronto accounting software firm Wave Financial Inc. has been purchased by tax services giant H&R Block, Inc. for US$405-million. It’s the latest in a string of “exits” – takeovers or initial public offerings – of venture-backed Canadian firms this year that have commanded relatively large valuations

7 years ago
Chinese vice premier urges more support for economy amid trade war

Chinese vice premier urges more support for economy amid trade war

Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing would soon unveil more policies to bolster growth amid rising U.S. trade pressure.



7 years ago
Oil surges on tanker attacks; stocks rise on Fed rate cut expectations

Oil surges on tanker attacks; stocks rise on Fed rate cut expectations

Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data seen as strengthening the case for the Federal Reserve to cut interest rates this year.



7 years ago
Uber, Bird loses bid for U.S. tariff relief on Chinese-made bikes, scooters

Uber, Bird loses bid for U.S. tariff relief on Chinese-made bikes, scooters

The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter.



7 years ago
Wall St. climbs as oil jumps after Gulf tanker attacks

Wall St. climbs as oil jumps after Gulf tanker attacks

U.S. stocks rose on Thursday after two days of declines, as energy shares rebounded with oil on concerns of a supply disruption following attacks on two tankers in the Gulf of Oman.



7 years ago
Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations

Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations

Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data that was seen as strengthening the case for the Federal Reserve to cut interest rates this year.



7 years ago
Wall Street edges higher as oil jumps after Gulf tanker attacks

Wall Street edges higher as oil jumps after Gulf tanker attacks

U.S. stocks rose on Thursday after two days of declines, as energy shares rebounded with oil on concerns of supply disruption following attacks on two tankers in the Gulf of Oman.



7 years ago

Elizabeth Warren will introduce legislation to cancel student loan debt for most borrowers

Elizabeth Warren isn't waiting for the election to push forward her sweeping plan to erase the majority of the country's outstanding student debt.

7 years ago