Latest News on private equity markets

Amazon challenges India antitrust probe in court: filing

Amazon challenges India antitrust probe in court: filing

Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause "irreparable" loss and damage to its reputation, according to its court filing seen by Reuters.



6 years ago
Futures tread water as investors weigh coronavirus impact

Futures tread water as investors weigh coronavirus impact

U.S. stock index futures were flat on Monday after Wall Street's rise last week, with investors monitoring the economic impact of the coronavirus outbreak and company updates as workers returned to work in China.



6 years ago
China rejects Foxconn's request to resume production in key Shenzhen plant: source

China rejects Foxconn's request to resume production in key Shenzhen plant: source

Taiwan's Foxconn was not allowed to resume production in its plant in the southern Chinese city of Shenzhen that had been shut due to the coronavirus outbreak, a person with direct knowledge of the matter told Reuters on Monday.



6 years ago
State of Financial Services Industry Report 2020 (Oliver Wyman):  When Vision and Value Collide

State of Financial Services Industry Report 2020 (Oliver Wyman): When Vision and Value Collide

Olivery Wyman | Chris Allchin and Ted Moynihan | February 2020 Financial institutions face a big challenge: creating the business of the future from the legacy they have today. There is considerable investment and activity underway to make this transformation. Firms have set up incubators, accelerators, and innovation teams, often consuming considerable management attention. They

6 years ago
In Dutch court, fugitive Ghosn fights for document release

In Dutch court, fugitive Ghosn fights for document release

Lawyers for Carlos Ghosn, the fugitive former automotive executive, on Monday argued in a Dutch court for the release of internal documents relating to his dismissal by Nissan Motor and Mitsubishi Motors .



6 years ago
Apple supplier Foxconn restarts key China plant with 10% workforce: source

Apple supplier Foxconn restarts key China plant with 10% workforce: source

Apple supplier Foxconn got approval to resume production at a key China plant after being forced to shut it following a coronavirus outbreak, but only 10% of the factory's workforce has managed to return so far, a source told Reuters.



6 years ago
Asian markets stem losses as China returns to work but sentiment jittery

Asian markets stem losses as China returns to work but sentiment jittery

Asian shares pared early losses on Monday as Chinese authorities lifted some coronavirus-related restrictions on work and travel, helping businesses resume work though overall sentiment was still jittery as the death toll from the epidemic climbed.



6 years ago
Asian markets fall as coronavirus concerns weigh on sentiment

Asian markets fall as coronavirus concerns weigh on sentiment

Stocks and oil fell while safe-haven gold rose on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity.



6 years ago
Oil prices fall on oversupply worries as virus hits China demand

Oil prices fall on oversupply worries as virus hits China demand

Oil prices on Monday extended their decline from an early January peak above $70 as the specter of excess supplies loomed over the market after the spreading coronavirus outbreak hit demand in China, the world's largest oil importer.



6 years ago
Wall Street futures fall as coronavirus toll rises, China plans return to work

Wall Street futures fall as coronavirus toll rises, China plans return to work

U.S. stock futures fell on Sunday after China's death toll from the coronavirus outbreak exceeded the global total from the SARS epidemic and as authorities prepared for millions of people to return to work after an extended Lunar New Year break.



6 years ago
Why DeFi’s Billion-Dollar Milestone Matters

Why DeFi’s Billion-Dollar Milestone Matters

Coindesk | Brady Dale | Feb 9, 2020 It was only December when the entire decentralized finance (DeFi) market was worth less than $700 million. Early this morning, it hit $1 billion, a figure that even the most fervent blockchain skeptics would have a tough time dismissing as meaningless. That figure is the measure of

6 years ago
China to France: Don't discriminate against Huawei on 5G networks

China to France: Don't discriminate against Huawei on 5G networks

The Chinese embassy in Paris on Sunday urged the French government not to discriminate against Huawei as it selects suppliers for its 5G mobile network, saying it feared the company would face more constraints than rivals.



6 years ago
China's Shenzhen denies blocking Apple supplier Foxconn from resuming production

China's Shenzhen denies blocking Apple supplier Foxconn from resuming production

Local Chinese authorities have not blocked Apple supplier Foxconn from resuming production amid a coronavirus outbreak, they said in a statement on Sunday, denying an earlier report in the Nikkei Business Daily.



6 years ago
Mattel will close Canada factory after shuttering two manufacturing sites in Asia: WSJ

Mattel will close Canada factory after shuttering two manufacturing sites in Asia: WSJ

Mattel Inc will close a factory in Canada after shutting down two plants in Asia, as the toymaker reduces its manufacturing footprint to cut costs, the Wall Street Journal said on Sunday.



6 years ago
Microsoft, Twitter and Walmart want to help you get a job in tech — without racking up student loans

Microsoft, Twitter and Walmart want to help you get a job in tech — without racking up student loans

Big tech firms like Microsoft and Twitter are starting to offer jobs to apprentices as a way to plug a hole in skilled labor — which could help Americans without a degree or tech background.

6 years ago