Latest News on private equity markets

India orders antitrust probe against Amazon, Walmart's Flipkart

India orders antitrust probe against Amazon, Walmart's Flipkart

India's antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and Walmart's Flipkart, the latest setback for U.S.-based e-commerce giants operating in the country.



6 years ago
Stretched tech stocks leave some investors seeking off-ramp

Stretched tech stocks leave some investors seeking off-ramp

As the bull market in U.S. stocks hits new highs, some investors are searching for ways to pare their exposure to the small group of technology and communications stocks that has fueled market gains for years. 



6 years ago
UK, U.S. and industry officials to meet before Huawei decision: Downing Street

UK, U.S. and industry officials to meet before Huawei decision: Downing Street

Officials from the British and U.S. governments and the telecoms industry will meet on Monday, before Britain is due to take a decision on the possible use of Huawei [HWT.UL] equipment in future 5G mobile networks, Prime Minister Boris Johnson's spokesman said.



6 years ago
U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters.



6 years ago
Cyber security world first as unique guide is launched

Cyber security world first as unique guide is launched

National Cyber Security Centre UK | Jan 9, 2020 The Cyber Security Body of Knowledge (CyBOK) has been launched at London's Science Museum. A guide which for the first time brings together knowledge from the world’s leading cyber security experts has been launched. The Cyber Security Body of Knowledge (CyBOK) provides a foundation for cyber

6 years ago
Half of single seniors can't pay for the basics. Here's why Social Security's not enough

Half of single seniors can't pay for the basics. Here's why Social Security's not enough

New research shows that many adults ages 65 and up do not have the financial resources to cover their basic needs. Here's a look at where retirees struggle the most, and why Social Security benefits aren't enough to make up for the shortfall.

6 years ago
Saudi Aramco raises IPO to record $29.4 billion through greenshoe option

Saudi Aramco raises IPO to record $29.4 billion through greenshoe option

State-owned oil company Saudi Aramco said on Sunday it has exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion.



6 years ago
Walmart sacks around 50 executives in India restructuring: sources

Walmart sacks around 50 executives in India restructuring: sources

Walmart Inc , the world's largest retailer, has fired around 50 of its India executives as part of its restructuring in the country, three sources with direct knowledge told Reuters.



6 years ago
Oil steady on easing U.S.-Iran tensions, eyes on China trade deal

Oil steady on easing U.S.-Iran tensions, eyes on China trade deal

Oil prices held steady on Monday as fears of conflict between the United States and Iran eased, with investors shifting their focus to this week's scheduled signing of an initial U.S.-China trade deal, which could boost economic growth and demand.



6 years ago
Ford's vehicle sales in China tumble for third consecutive year

Ford's vehicle sales in China tumble for third consecutive year

Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.



6 years ago
Asia shares flatline, wait for U.S. and China to seal trade deal

Asia shares flatline, wait for U.S. and China to seal trade deal

Asian shares paused near 19-month peaks on Monday ahead of the expected signing on a Sino-U.S. trade deal, though talks on a phase two package are likely to drag on for months.



6 years ago
Oil dips on easing U.S.-Iran tensions, eyes on China trade deal

Oil dips on easing U.S.-Iran tensions, eyes on China trade deal

Oil prices edged down on Monday as fears of conflict between the United States and Iran eased, although the decline was checked by the planned signing of an initial U.S.-China trade deal this week, which could boost demand.



6 years ago
Ford's vehicle sales in China tumble 26.1% in 2019

Ford's vehicle sales in China tumble 26.1% in 2019

Ford Motor Co said on Monday that its China vehicle sales in 2019 fell 26.1% from a year earlier to 567,854 units, as the U.S. automaker continues to battle a prolonged sales decline in its second-biggest market.



6 years ago
What is China’s Password Law and What it Means for the Blockchain Industry?

What is China’s Password Law and What it Means for the Blockchain Industry?

AiThority | Sudipto Ghosh | Jan 7, 2020 The People’s Republic of China has officially bestowed legitimacy to Blockchain and Cryptography. The country’s enchanted Blockchain industry will now be regulated as per China’s Password Law. The world’s first Password Law has come into effect on 1 January 2020, following the Chinese government’s initiative to regulate

6 years ago
China's U.S. trade deal commitments not changed in translation: Mnuchin

China's U.S. trade deal commitments not changed in translation: Mnuchin

China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday.



6 years ago