Latest News on private equity markets

Lab-grown meat producer Memphis Meats raises $161 million in funding led by SoftBank

Lab-grown meat producer Memphis Meats raises $161 million in funding led by SoftBank

Lab-grown meat producer Memphis Meats said on Wednesday it raised $161 million in a funding round led by Japan's SoftBank Group , Singapore's wealth fund Temasek Holdings and Norwest Venture Partners.



6 years ago
Canada prosecutors say fraud at heart of Huawei CFO Meng's U.S. extradition case

Canada prosecutors say fraud at heart of Huawei CFO Meng's U.S. extradition case

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors defended a U.S. extradition request, saying Meng's alleged bank fraud is the heart of the case that has strained relations between Ottawa and Beijing.



6 years ago
S&P 500, Nasdaq on track for record closing highs

S&P 500, Nasdaq on track for record closing highs

Wall Street rebounded on Wednesday as a healthy forecast from IBM enticed buyers back to the equity market while investors kept a wary eye on the developing coronavirus outbreak.



6 years ago
Oil slides 2% as glut forecast, China virus overshadow Libya disruption

Oil slides 2% as glut forecast, China virus overshadow Libya disruption

Oil prices fell about 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries amid the outbreak of a virus in China outweighed concern over disruptions to Libya's crude output.



6 years ago
Lebanon's new government may have little reserves left to stabilize economy

Lebanon's new government may have little reserves left to stabilize economy

Lebanon's new government faces huge upcoming debt repayments and a currency peg at breaking point, but it may already have run out of the hard cash firepower it needs to tackle these problems.



6 years ago
Angola's Dos Santos named as suspect over alleged fraud at oil firm: Lusa news agency

Angola's Dos Santos named as suspect over alleged fraud at oil firm: Lusa news agency

Angola's public prosecutors named former first daughter Isabel dos Santos as a formal suspect on Wednesday over alleged mismanagement and misappropriation of funds during her time as chairwoman of state oil company Sonangol, Portuguese news agency Lusa said.



6 years ago
Boeing CEO says taking fresh look at potential mid-market aircraft

Boeing CEO says taking fresh look at potential mid-market aircraft

Boeing Co is taking a fresh look at a potential new mid-market aircraft, Chief Executive Dave Calhoun said on Wednesday, putting the brakes on a project that became overshadowed by the fallout of the 737 MAX.



6 years ago
This one stock will signal whether the coronavirus situation is getting serious

This one stock will signal whether the coronavirus situation is getting serious

InterContinental's Asia Pacific revenue was down 27% year-over-year in 2003, when the SARS virus swept China.

6 years ago
Hainan Airlines to halt Prague flights from March: Czech authorities

Hainan Airlines to halt Prague flights from March: Czech authorities

China's Hainan Airlines will halt regular direct flights between Beijing and Prague starting in March, the Prague Airport and the Czech Foreign Ministry said on Wednesday.



6 years ago
Google finds security flaws in Apple's web browser: FT

Google finds security flaws in Apple's web browser: FT

Google researchers have found multiple security flaws in Apple Inc's Safari web browser that allowed the tracking of users' browsing behavior, Financial Times reported on Wednesday, citing a soon-to-be published paper.



6 years ago
Tesla short sellers could help Elon Musk score a payday worth hundreds of millions

Tesla short sellers could help Elon Musk score a payday worth hundreds of millions

Tesla is still one of the most heavily bet-against stocks in the U.S. even as the stock almost daily hits new record highs.

6 years ago
Mark Cuban says he's still 'very bullish' on Netflix and hasn't sold a share

Mark Cuban says he's still 'very bullish' on Netflix and hasn't sold a share

"I haven't sold any shares and I'm still very bullish on it," the Dallas Mavericks owner said.

6 years ago
Coronavirus set to impact Chinese airlines' first quarter profit: Aercap CEO

Coronavirus set to impact Chinese airlines' first quarter profit: Aercap CEO

The chief executive of one of the world's largest aircraft lessors, Aercap , expects the new coronavirus that has emerged from Wuhan, China to impact Chinese airlines' profitability in the first quarter.



6 years ago
3 things keeping you from maximizing this tax-favored account

3 things keeping you from maximizing this tax-favored account

If you have a high-deductible health plan at work, you probably have a health savings account along with it, too. Though so-called HSAs bring a bevy of tax advantages, many investors aren't using them to their full potential.

6 years ago
Huawei CFO Meng arrives in Vancouver court for third day of U.S. extradition hearing

Huawei CFO Meng arrives in Vancouver court for third day of U.S. extradition hearing

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expected to defend a U.S. extradition request in a third day of hearings on a case that has strained relations with China.



6 years ago