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Latest News on private equity markets

U.S. inflation firms on rising healthcare, energy costs

U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.



5 years ago

Visa, Mastercard draw FTC inquiry over debit card transactions: Bloomberg Law

The Federal Trade Commission (FTC) is conducting a preliminary inquiry on Visa Inc and Mastercard Inc over policies that can prohibit merchants from routing card transactions through other debit networks, Bloomberg Law reported on Wednesday, citing sources familiar with the matter.



5 years ago

Open Banking in the UK: what’s happened so far

11fs Pulse | Joanne Kumire | Aug 27, 2019 Introduction to Open Banking in the UK The first step towards banking automation came in 1967 following the installation of an ATM in the UK. Over 50 years later, Open Banking arrived, ushering in a new era of digital banking, which ironically is lessening the need

5 years ago

Global shares, bond yields slip on sour trade deal sentiment

Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears intensifying unrest in Hong Kong may lead to a Chinese crackdown.



5 years ago

Ferrari adds Roma to growing 'Prancing Horse' stable

Ferrari is set to roll out the Roma, a record fifth new model this year for the 'Prancing Horse', as it expands its stable to help sustain its profit and share price growth.



5 years ago

Google is getting into banking to take back the business it lost to Amazon

Google is getting into banking, but not with the same motivations as Wall Street.

5 years ago

Brazil antitrust regulator to reassess Disney-Fox deal

Brazil's antitrust regulator said on Wednesday it will reassess Walt Disney Co's (DIS.N) $71 billion purchase of Twenty-First Century Fox (FOXA.O) because the divestiture requested by the regulator as a condition for the merger of U.S. media companies has not happened yet.



5 years ago

Facebook removes 3.2 billion fake accounts, millions of child abuse posts

Facebook Inc removed 3.2 billion fake accounts between April and September this year, along with millions of posts depicting child abuse and suicide, according to its latest content moderation report released on Wednesday.



5 years ago

Two strategies that can help you grow this tax-advantaged account

The three key tax benefits of your health savings account are just the beginning. Savvier savers might want to shop around for the best accounts and develop strategies to fund their HSAs.

5 years ago

Disney+ streaming exceeds expectations with 10 million sign-ups, shares surge

Walt Disney Co on Wednesday said its new streaming service, Disney+, reached 10 million sign-ups since launching the previous day from "extraordinary consumer demand," sending shares up 3.5%.



5 years ago

Wall Street higher as Fed's Powell says economy in 'good shape'

Wall Street's main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead.



5 years ago

MetLife sued for gender discrimination by ex-chief administrative officer

MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a "bitch" and told she had to "choose between being pretty and being smart" while working at the insurance company.



5 years ago

One day ahead of deadline, Trump says he'll decide on auto tariffs 'soon'

U.S. President Donald Trump on Wednesday said he would make a decision soon on whether to impose tariffs on cars and auto parts imported into the United States but gave no other details.



5 years ago

Del Vecchio says aims to build stable Mediobanca shareholder base

Billionaire investor Leonardo Del Vecchio, Mediobanca's biggest shareholder, said on Wednesday he aimed to create a stable ownership base for the Italian investment bank and Generali, the insurance giant it effectively controls through a 13% stake.



5 years ago

Credit Suisse raises Disney price target, subscriber estimates after strong Disney+ debut

Credit Suisse raised its 12-month price target on the stock to $163 from $150.

5 years ago