Latest News on private equity markets

GM takes aim at Tesla with 'Ultium' batteries and fleet of electric vehicles

GM takes aim at Tesla with 'Ultium' batteries and fleet of electric vehicles

General Motors Co Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk's Tesla Inc as vehicles go electric.



6 years ago
Huawei pleads not guilty to new U.S. criminal charges in 2018 case

Huawei pleads not guilty to new U.S. criminal charges in 2018 case

China's Huawei Technologies Co Ltd, the world's largest telecommunications equipment maker, on Wednesday pleaded not guilty in a New York federal court to new charges in a 2018 case against the company.



6 years ago
United Airlines cuts flights, freezes hiring on coronavirus-hit demand

United Airlines cuts flights, freezes hiring on coronavirus-hit demand

United Airlines Holdings Inc is slashing its flying schedule and implementing a series of cost-cutting measures in some of the most drastic actions by a U.S. airline to date as the spreading coronavirus has depressed air travel demand.



6 years ago
It may get harder for consumers to tell how some financial advisors get paid

It may get harder for consumers to tell how some financial advisors get paid

The CFP Board, which oversees standards for 86,000 certified financial planners in the U.S., removed the ability for consumers to search for an advisor based on how they're paid.

6 years ago
Bank of Canada Speech:  Money and Payments in the Digital Age

Bank of Canada Speech: Money and Payments in the Digital Age

Bank of Canada | Timothy Lane Speech at CFA Montréal FinTech RDV2020 | Feb 25, 2020 Building a modern ecosystem So let me now talk about some key areas where the Bank of Canada is focusing in order to adapt to this fast-moving world of payments. First, we are working to make sure that Canadians

6 years ago
As Americans hoard food, Campbell Soup speeds up ingredients orders

As Americans hoard food, Campbell Soup speeds up ingredients orders

Campbell Soup said it is ordering more ingredients to ensure it can keep enough soups, sauces and snacks on hand to meet growing demand from retailers as U.S. consumers hoard food in preparation for potential coronavirus quarantines.



6 years ago
Keep calm and work from home during coronavirus, European banks tell workers

Keep calm and work from home during coronavirus, European banks tell workers

Global banks and small investment firms in Europe are urging staff to work from home and curb travel as the financial industry braces for disruption from the rapidly spreading coronavirus outbreak.



6 years ago
How to protect your college savings as the stock market gyrates

How to protect your college savings as the stock market gyrates

The coronavirus has wreaked havoc on the stock market. How to protect your college savings.

6 years ago
The market is rallying now, but these indicators will show when the selling is really over

The market is rallying now, but these indicators will show when the selling is really over

Strategists at RBC Capital Markets and Credit Suisse think some sentiment, technical and policy signals need to be triggered before a bottom can start forming.

6 years ago
Consilium Crypto Joins NCFA as an Industry Partner

Consilium Crypto Joins NCFA as an Industry Partner

NCFA Canada | March 4, 2020 TORONTO  and MONTREAL,  March 1, 2020   The National  Crowdfunding & Fintech  Association of Canada (NCFA) is pleased to announce that  Consilium Crypto has  joined NCFA as an industry partner. NCFA's industry  partners are builders, investors and  innovators who have  provided a significant level of service and/or contribution towards the

6 years ago
World stocks rally as Biden surge offsets coronavirus fears

World stocks rally as Biden surge offsets coronavirus fears

The dollar and world equity markets rose on Wednesday as investors were cheered by a strong showing by Joe Biden in the U.S. Democratic presidential primaries, though an economy-weakening coronavirus outbreak kept investors on tenterhooks, with bond yields falling.



6 years ago
U.S. services sector growth accelerates; private payrolls rise solidly

U.S. services sector growth accelerates; private payrolls rise solidly

U.S. services sector activity jumped to a one-year high in February, suggesting strength in the economy before a recent escalation of recession fears ignited by the coronavirus epidemic that prompted an emergency interest rate cut from the Federal Reserve.



6 years ago
Oil gives up gains even as OPEC works on big output cut

Oil gives up gains even as OPEC works on big output cut

Crude oil prices were mixed, giving up early gains despite expectations that major producers were closing in on an agreement to cut supply aimed at offsetting a slump in demand caused by the coronavirus outbreak.



6 years ago
Facebook Weighs Libra Revamp to Address Regulatory Concerns

Facebook Weighs Libra Revamp to Address Regulatory Concerns

Bloomberg | by Joe Light, Benjamin Bain, and Olga Kharif | March 3, 2020 Facebook Inc. and its partners are considering redesigning the Libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators and rebuild momentum for the plan. When Facebook

6 years ago
Shortage of Chinese parts caused $50 billion fall in February's global exports: U.N.

Shortage of Chinese parts caused $50 billion fall in February's global exports: U.N.

China's exports of vital parts and components for products ranging from automobiles to cellphones are estimated to have shrunk by an annualized 2% in February, costing other countries and their industries $50 billion, a United Nations agency said on Wednesday.



6 years ago