Latest News on private equities market

Advisory experts back P2P lending sector to become mainstream investment class

Peer2peer Finance News | Michael Lloyd | Jun 11, 2020 Advisory experts have backed the peer-to-peer lending sector to become a mainstream investment class after Covid-19. Mark Turner, managing director, regulatory consulting at Duff & Phelps, said the pandemic presents an opportunity for the sector to prove itself. “I think there is the opportunity for

4 years ago

Why some black-owned U.S. businesses are hardest hit by coronavirus shutdowns

After 15 years working as a hair stylist in other people's salons, Gary Connell opened his "Healthy Hair" studio in Montgomery County, Maryland in early March, sinking his savings into a two-chair shop in a busy mall.



4 years ago

Oil prices rise 3% on signs of U.S. economic recovery

Oil prices rose 3% in volatile trade on Tuesday as Wall Street surged and the International Energy Agency (IEA) increased its oil demand forecast for 2020, but gains were capped by worries about a second wave of coronavirus cases.



4 years ago

U.S senators introduce bill to reform aircraft certification after 737 MAX crashes

A bipartisan group of U.S. senators introduced a bill on Tuesday to reform aircraft certification following two fatal Boeing Co 737 MAX crashes, lawmakers said in a statement.



4 years ago

Wall Street closes higher on signs of economic recovery

Wall Street advanced on Tuesday as the prospect of additional stimulus and a record jump in retail sales suggested the U.S. economy could bounce back sooner than expected, five months into its pandemic-inflicted recession.



4 years ago

Walmart’s New Shopify Partnership Is Another Stroke Of Omnichannel Genius

Forbes | Chris Walton | Jun 15, 2020 Over the last few months, Walmart has been setting an example for other retailers to follow. When the pandemic began, Walmart quickly battened down the hatches. It waived April rent for its in-store tenants, speed-rushed contactless payment systems into operation, installed plexiglass barriers to protect employees and

4 years ago

Stocks and dollar gain on U.S. retail sales, drug trial

Risk appetite found new life on Tuesday on a record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment, driving global equity markets higher and boosting the dollar.



4 years ago

U.S. says former eBay workers sent live roaches, bloody pig mask to intimidate critics

Six former eBay Inc employees have been criminally charged with mounting a cyberstalking campaign against a Massachusetts couple whose online newsletter they viewed as critical of the e-commerce company, U.S. prosecutors announced on Monday.



4 years ago

Sixth Annual Fintech & Funding Conference —FFCON20— Connects Fintech Community Thru Virtual Interactive Program

NetworkNewsWire | Jonathan Keim | June 16, 2020 Virtual interactive forum on fintech issues & developments Eight weeks, eight themes Presentations from leading industry figures Connecting entrepreneurs and investors Networking opportunities galore What could be more apposite than a virtual fintech conference? After all, digital technologies, including those related to finance, are part and parcel

4 years ago

U.S. calls bid by men to avoid extradition over ex-Nissan boss Ghosn's escape 'flawed'

U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country, were advancing a "flawed" interpretation of Japanese law to fight their extradition.



4 years ago

Southwest extends limited seating on flights through September

Southwest Airlines Co said on Tuesday it will continue to limit bookings on its flights until at least September to maintain space between passengers.



4 years ago

Transparency needed to restore trust after 737 MAX crashes: FAA chief

U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737 MAX crashes, according to a copy of his written testimony seen by Reuters.



4 years ago

Bayer scraps U.S. plans to produce crop chemical blocked by court

Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product.



4 years ago

Tesla signs three-year pricing deal with battery cell maker Panasonic

Tesla Inc has signed a three-year pricing deal with Japan's Panasonic Corp relating to the manufacture and supply of lithium-ion battery cells at the Gigafactory in Nevada, the electric carmaker disclosed in a filing on Tuesday.



4 years ago

Asian stocks set to rise as drug trials, data push Wall Street higher

Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May.



4 years ago