Latest News on private equity markets

Airbus fined record $4 billion in global bribery settlement

Airbus fined record $4 billion in global bribery settlement

Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with France, Britain and the United States.



6 years ago
Fintechs divided on screen scraping ban

Fintechs divided on screen scraping ban

ZDNet | Aimee Chanthadavong  | Jan 30, 2020 Some are calling for screen scraping to be banned while others argue it will hurt the fintech industry. Founding director of The Regtech Association and Verifier CEO, Lisa Schutz, has urged for the Australian government to follow in the footsteps of the European Union (EU) and cease

6 years ago
Iraq’s Basra airport to deny entry to travelers from China and Chinese citizens over coronavirus: state news agency

Iraq’s Basra airport to deny entry to travelers from China and Chinese citizens over coronavirus: state news agency

Iraq’s Basra International Airport will deny entry to passengers of any nationality traveling to Iraq from China, the state news agency reported on Friday amid fears from the coronavirus outbreak.



6 years ago
U.S. ramps up anti-coronavirus measures at border as impact spreads

U.S. ramps up anti-coronavirus measures at border as impact spreads

The United States ramped up its response to the coronavirus epidemic on Friday, declaring a public health emergency and saying it would halt entry to foreign nationals who had been to China within the 14-day incubation period.



6 years ago
For one Chinese family in New York, it was simply time to go home, virus or not

For one Chinese family in New York, it was simply time to go home, virus or not

Jonathan Niu got to New York's John F. Kennedy International Airport five hours early on Friday, not least because he had a lot of luggage to check for his flight to his native China: He was hauling back boxes filled with hundreds of face masks.



6 years ago
Major U.S. airlines cancel China flights as government steps up warnings

Major U.S. airlines cancel China flights as government steps up warnings

All three major U.S. airlines announced the cancellation of flights to mainland China on Friday as the U.S. government unveiled additional steps to curb the spread of the coronavirus, which originated in China.



6 years ago
Minister Morneau announces second phase of open banking review with a focus on data security in financial services

Minister Morneau announces second phase of open banking review with a focus on data security in financial services

Department of Finance Canada | Release | Jan 31, 2020 News release January 31, 2020 - Ottawa, Ontario - Department of Finance Canada Canadians deserve a stable financial sector that is globally competitive, promotes consumer choice and contributes to economic growth. As the financial sector—like other aspects of the Canadian economy—becomes increasingly digitized, standards must

6 years ago
MOF:  Consumer-directed finance: the future of financial services

MOF: Consumer-directed finance: the future of financial services

Department of Finance Canada | Release | Jan 31, 2020 Introduction Budget 2018 announced the Government's review into the merits of open banking and, as a first step in this process, the Minister of Finance appointed an Advisory Committee on Open Banking, to guide the review. The Advisory Committee is supported by a Secretariat within

6 years ago
Exxon, Chevron results augur tough year ahead, shares drop

Exxon, Chevron results augur tough year ahead, shares drop

Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year.



6 years ago
Trump signs executive order aimed at preventing sales of counterfeit goods from overseas

Trump signs executive order aimed at preventing sales of counterfeit goods from overseas

President Donald Trump signed an executive order on Friday aimed at preventing counterfeit products from abroad from being sold to U.S. citizens who shop online using Amazon.com , Walmart.com or other ecommerce websites, the White House said.



6 years ago
Earnings volatility set to kick in as coronavirus worries mount

Earnings volatility set to kick in as coronavirus worries mount

Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back half of the earnings season could hold greater sway over the performance of individual stocks.



6 years ago
China's Hubei reports 45 new coronavirus deaths, total at 249

China's Hubei reports 45 new coronavirus deaths, total at 249

China's Hubei province, the epicentre of a coronavirus epidemic, reported 45 new deaths from the outbreak on Friday, bringing the total to 249, the local health commission said on Saturday.



6 years ago
U.S. declares coronavirus public health emergency after imposing quarantines

U.S. declares coronavirus public health emergency after imposing quarantines

Reuters) - The Trump administration, while insisting the risk to Americans from coronavirus is low, nevertheless declared a public health emergency on Friday and announced the extraordinary step of barring entry to the United States of foreign nationals who have traveled to China.



6 years ago
Airlines suspend China flights because of coronavirus outbreak

Airlines suspend China flights because of coronavirus outbreak

Airlines are suspending flights to China in the wake of the new coronavirus outbreak, which as of Friday had killed more than 200 people and infected nearly 10,000 people.



6 years ago
Companies feel impact of coronavirus outbreak in China

Companies feel impact of coronavirus outbreak in China

Some companies have warned that a coronavirus outbreak in China that has killed more than 200 people and infected thousands could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights.



6 years ago