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Latest News on private equity markets

Blockchain based parametric weather insurance in first payouts

Artemis | Steve Evans | Nov 7, 2019 A blockchain based parametric weather insurance product has made its first payouts, after severe weather impacted smallholder farmers covered by the product in Sri Lanka. The parametric insurance was launched in a pilot phase a year ago, as Oxfam in Sri Lanka teamed up with insurance and

6 years ago

Canada’s “spare change” saving and investing app gets backing from National Bank and Desjardins Capital

Mylo | Ted Liu | Nov 5, 2019 Mylo Raises $10M Series A From Major Canadian Financial Institutions Montreal, November 5, 2019 – Mylo, the Montreal-based fintech, has secured $10M in financing for its app that helps Canadians automate their saving and investing. The Series A round was led by National Bank’s corporate venture capital

6 years ago

Wall Street opens lower on trade worries, Hong Kong unrest

U.S. stocks slipped at open on Wednesday after President Donald Trump threatened to "substantially" raise tariffs if China did not strike a trade deal with the United States and on escalating tensions in Hong Kong.



6 years ago

Rising healthcare costs power U.S. consumer inflation

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.



6 years ago

Alibaba's Jack Ma says Singles' Day shopping results miss expectations

Alibaba Group Holding Inc co-founder Jack Ma said on Wednesday results from the Singles' Day annual online shopping festival had missed the Chinese e-commerce giant's expectations.



6 years ago

Alibaba launches $13.4 billion Hong Kong listing to fund expansion

Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest in the global financial hub to try to raise up to $13.4 billion to fund its expansion plans.



6 years ago

Biotech-for-hire PeptiDream charts new path and becomes short target

The promise of PeptiDream Inc's drug-discovery technology and its lucrative research-for-hire contracts have made it a darling of the Tokyo stock market. Now, those gains have made it a target for short-seller Muddy Waters.



6 years ago
6 years ago

Oil is our gold and we aim to use all of it, ADNOC official says

Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a senior executive in the Gulf oil company said.



6 years ago

London forex trader accuses Citigroup of unfair dismissal

A former top Citigroup trader, who was fired in 2014 but acquitted of foreign exchange-rigging charges after a trial in New York, told a London employment tribunal he was unfairly dismissed despite being in the "eye of the storm" at the time.



6 years ago

Airbus says A400M technical issues not safety critical

Airbus said on Wednesday that technical issues in its A400M planes that had prompted Germany to refuse delivery of two of the aircraft were not safety critical.



6 years ago

Wall Street slips on trade worries, Hong Kong unrest

Wall Street edged lower on Wednesday as President Donald Trump's threat to "substantially" raise tariffs if China did not make a trade deal with the United States as well as escalating tensions in Hong Kong kept investors away from riskier assets.



6 years ago

Mediation between Bayer, plaintiffs seeks to clarify all justified claims: U.S. mediator

Mediation between Bayer and plaintiffs in the United States aims to clarify all justified claims related to Roundup herbicide both at the national and state level, mediator Ken Feinberg told a German magazine.



6 years ago

German auto lobby to pick utility manager Hildegard Mueller as president: report

The German carmakers lobby VDA is set to appoint conservative politician and former Innogy board member Hildegard Mueller as president, Berlin daily newspaper Der Tagesspiegel reported on Wednesday, citing sources.



6 years ago

The biggest mistakes people make with their 401(k)s

These are the most common mistakes people make with their 401(k) plans.

6 years ago