Latest News on private equities market

Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO

German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday.



4 years ago

How investors can tell which companies do better when it comes to racial diversity

Many companies are second-guessing their own policies when it comes to diversity and inclusion. Investors who want to invest in companies that make this a priority have an index they can utilize.

4 years ago

Senators introduce aviation safety bill to reform certification after 737 MAX crashes

U.S. lawmakers introduced a bipartisan bill on Tuesday that would reform aircraft certification following two fatal Boeing Co 737 MAX crashes, Senators Roger Wicker and Maria Cantwell said in a joint statement accompanying the proposal.



4 years ago

Wall Street jumps on glimmers of economic recovery

Wall Street surged on Tuesday as a record jump in retail sales indicated the U.S. economy is on the road to recovery, five months into its pandemic-inflicted recession.



4 years ago

Open Banking just got its own App Store

Altfi | liver Smith | Jun 9, 2020 Just what we needed. The UK’s Open Banking Implementation Entity (OBIE) has launched an official App Store to showcase all the financial services apps which are currently using Open Banking APIs. It looks to solve one of the industry’s biggest challenges of showing all the great work

4 years ago

Lufthansa shareholder Thiele raps bailout deal, raises stake

German investor Heinz Hermann Thiele sharply criticised a 9-billion-euro ($10.14 billion) bailout deal for carrier Lufthansa , saying he had raised his stake in the group to more than 15% and hoped alternative options could be explored.



4 years ago

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