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Latest News on private equity markets

South Korean firm Yanolja that reinvented love hotels gets Booking, GIC funding

Yanolja's gentrification of South Korean love hotels has brought the company a valuation of more than $1 billion from investors keen to capitalize on the globalization of a novel approach to short-stay accommodation, its chief executive told Reuters.



3 years ago

State attorneys general in U.S. file lawsuit to stop Sprint-T-Mobile deal

Ten states led by New York and California have filed a lawsuit to stop T-Mobile US Inc's $26 billion purchase of Sprint Corp, warning that consumer prices will jump due to reduced competition.



3 years ago

Ten states file lawsuit to stop Sprint, T-Mobile merger: release

Ten state attorneys general, led by New York and California, filed a lawsuit on Tuesday to ask a court to stop T-Mobile US Inc's acquisition of smaller telecommunications rival Sprint Corp, the New York attorney general's office said in a statement.



3 years ago

Boeing May deliveries fall 56% as 737 MAX grounding continues to weigh

Boeing Co said on Tuesday it handed over 56% fewer airplanes in May compared with a year earlier, as deliveries of its top-selling 737 MAX jet remained suspended following a deadly crash in March.



3 years ago

Capgemini expands with technology venture capital fund

Global business consultancy Capgemini is launching its first-ever investment fund, with plans to invest up to 90 million euros ($102 million) in early-stage technology companies.



3 years ago

Wall Street higher on trade optimism, rate cut hopes

Wall Street's main indexes rose and the S&P 500 edged back toward record territory on Tuesday, as easing trade tensions with Mexico and hopes of an interest rate cut by the Federal Reserve lifted investor sentiment.



3 years ago

Will raising the age for required withdrawals from your retirement accounts make a difference?

Advisors say that for most people, increasing the age for required minimum distributions would not make or break their retirement plan.

3 years ago

World share markets continue rally on trade, Fed hopes

Stock indexes around the world gained on Tuesday as investors piled into riskier assets as they bet on Federal Reserve interest rate cuts and that a U.S.-China trade agreement could follow the U.S.-Mexico deal.



3 years ago

Beyond Meat slides after lead underwriter downgrades stock

Shares of Beyond Meat Inc fell as much as 22% on Tuesday after one of the stock's lead underwriters, J.P. Morgan, downgraded it, saying the exponential growth expected from the plant-based burger was now priced in.



3 years ago

Blockchain Technology and the UN: The Sustainable Development Goals

BlockX Labs | Laura Marissa Cullell | June 11, 2019 Can technology progress human rights? Provide humanitarian aid? Help combat Climate Change? Address issues of identity, trafficking, and provide access to food? The answer to these questions is potentially yes! Blockchain is a fantastic space to explore these issues right now. For the past couple

3 years ago

Uber chief executive laments U.S. trade policy for lackluster IPO

Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company's initial public offering last month was hurt by U.S. trade tensions even as he downplayed recent volatility in the stock price.



3 years ago

Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt

Ten states led by New York and California have filed a lawsuit to stop T-Mobile US Inc's $26 billion purchase of Sprint Corp, warning that consumer prices will jump due to reduced competition.



3 years ago

Prosecutors investigate VW works council boss in pay inquiry

German prosecutors said on Tuesday they were investigating the chairman of Volkswagen's powerful works council as part of a inquiry into whether some of its members were paid excessively, turning him from a witness into a suspect.



3 years ago

Wall Street treads water after recent rally

U.S. stocks ended near flat and the Dow snapped a six-day winning streak on Tuesday, as investors paused following a run of gains and fresh worries emerged over the U.S. trade war with China.



3 years ago

GM expected to invest $150 million to boost truck output in Flint, Michigan: sources

General Motors Co is expected to announce on Wednesday it is investing about $150 million at its Flint Assembly in Michigan to boost production of heavy duty trucks, sources briefed on the matter said.



3 years ago