Latest News on private equities market

Lawmakers label British Airways 'national disgrace' over jobs

British Airways was labelled a "national disgrace" by lawmakers for its treatment of employees on Saturday, adding to pressure on the airline as it juggles job cuts and new quarantine rules.



4 years ago

Canada spy agency warned of 'shock waves' from arrest of Huawei founder's daughter

Canada's intelligence agency warned that arresting the daughter of billionaire Huawei founder Ren Zheng would set off global "shock waves" and seriously affect ties with China, just before her detention in Vancouver on a U.S. extradition request, new court documents show.



4 years ago

Wall Street Week Ahead: Investors bet bounce in value stocks will stick

As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.



4 years ago

U.S. eases criminal record provision in coronavirus business loan program

Federal authorities administering business payroll loans as part of U.S. coronavirus relief efforts on Friday eased rules prohibiting lending to business owners with criminal records, allowing some with no convictions in the past year to access funds.



4 years ago

Bankrupt Hertz to seize on speculation frenzy with $1 billion stock sale

Hertz Global Holdings Inc said it won bankruptcy court approval on Friday to sell up to $1 billion in stock, capitalizing on a remarkable rally in its shares driven by speculators defying conventional market wisdom.



4 years ago

Black tech founders say venture capital needs to move past ‘diversity theater’

Washington Post | Nitasha Tiku  | June 10, 2020 There’s a dearth of black investors in venture capital’s upper echelons and little investment in start-ups with black founders SAN FRANCISCO — Twenty-four hours. That’s how long it took SoftBank, the largest tech investor in the world, to spin up a $100 million Opportunity Fund last

4 years ago

Innovate Finance: Spotlight on Innovation: Canada Fintech Podcast

The Global City | Jun 4, 2020 Welcome to part two of Spotlight on Innovation, a series of discussions that look in detail at fintech in global markets recorded in partnership with Innovate Finance. This episode will look in detail at the fintech landscape in Canada. Lord Mayor Alderman William Russell and Innovate Finance’s Head

4 years ago

U.S. lawmakers ask Zoom to clarify China ties after it suspends accounts

Three U.S. lawmakers asked Zoom Video Communications Inc to clarify its data-collection practices and relationship with the Chinese government after the firm said it had suspended user accounts to meet demands from Beijing.



4 years ago

Pandemic heightens chance Japan slides back into deflation: Reuters poll

The coronavirus pandemic has raised the chance Japan's economy will slip back into deflation as social curbs to halt the spread of the disease hits businesses and consumers, a majority of analysts polled by Reuters said.



4 years ago

Oil extends slump as prospect of second viral wave in U.S. ends rally

Oil prices fell on Friday, extending heavy overnight losses as a surge in U.S. coronavirus cases this week raised the prospect of a second wave of the COVID-19 outbreak hitting demand in the world's biggest consumer of crude and fuel.



4 years ago

Asia stocks slide as coronavirus fears return

Asian shares fell sharply on Friday and oil prices extended losses on growing concerns that a resurgence of coronavirus infections could stunt the pace of recovery in economies reopening from lockdowns, or even lead to fresh restrictions.



4 years ago

Honda resumes production at plants hit by suspected cyber attack

Japan's Honda Motor Co has resumed production at automobile and motorcycle plants in the United States and other countries after they were hit by a suspected cyber attack this week, a spokesman said on Friday.



4 years ago

Exclusive: Netflix in talks to source local Indian content from Reliance affiliate Viacom18 - sources

U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three sources told Reuters, in a move that would expand a relationship between the two sides.



4 years ago

Luxury food industry turns sour amid global coronavirus lockdowns

Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic.



4 years ago

U.S. insurers use lofty estimates to beat back coronavirus claims

U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover.



4 years ago