Latest News on private equity markets

As meetings begin and U.S. tariffs loom, Mexico hopes for migration deal

Mexico can reach an agreement with the United States to resolve a dispute over migration that prompted U.S. President Donald Trump to threaten punitive tariffs, Mexican officials said on Monday as high-level talks were set to begin in Washington.



3 years ago

Wall St. opens slightly lower as trade fears, tech regulatory risks weigh

U.S. stocks opened slightly lower on Monday as weakness from the previous month due to trade disputes spilled over while fears of regulatory scrutiny on high-profile companies Alphabet and Amazon also weighed on sentiment.



3 years ago

FTC to examine how Facebook's practices affect competition: WSJ

The Federal Trade Commission (FTC) has secured the right to examine how Facebook Inc's practices affect digital competition, the Wall Street Journal reported on Monday.



3 years ago

Mexico draws red line on asylum in talks to stop Trump tariffs

Mexico on Monday made clear it would reject a U.S. idea to take in all Central American asylum seekers if it is raised at talks this week with Trump administration, which has threatened to impose tariffs if Mexico does not crack down on illegal immigration.



3 years ago

CIBC, NAB, Bank Leumi launch platform to connect banks with FinTechs

Betakit | Isabelle Kirkwood | June 3,2019 CIBC, Bank Leumi of Israel, and National Australia Bank (NAB) have partnered to launch the Global Alliance FinTech Link, a digital platform developed to facilitate collaboration between banks and FinTechs. Through the new platform, FinTechs can submit technology solutions in response to a wide range of challenges faced

3 years ago

Exclusive: Nissan optimistic about FCA partnership, but wants right terms, source says

Nissan Motor Co is optimistic about partnering with a combined Renault and Fiat Chrysler (FCA), as long as it can protect the ownership of technology developed over two decades of working with Renault, a senior executive told Reuters.



3 years ago

Major automakers post U.S. May sales increases

Major automakers on Monday posted higher U.S. new vehicle sales for May, the first increase for 2019 as a strong economy and upbeat consumer sentiment fueled demand.



3 years ago

U.S. factory activity growing at weakest pace since 2016

Growth in U.S. manufacturing activity slowed in May to its weakest pace in over two years as factory managers raised concerns about a trade war between the United States and China, a national survey showed on Monday.



3 years ago

Alphabet shares slide 7% on possible DoJ antitrust probe

Alphabet Inc's shares fell as much as 7% on Monday following reports that the U.S. Justice Department may investigate Google for hampering competition.



3 years ago

Walmart appoints new head for its startup incubator Store No. 8

Walmart Inc said on Monday it has hired Scott Eckert to run its investment arm and startup incubator, Store No. 8, whose aim is to expand the retailer's e-commerce business in partnership with retail startups, venture capitalists and entrepreneurs.



3 years ago

Airlines scramble to overcome polluter stigma as 'flight shame' movement grows

In Lorna Greenwood's London home, there is a shelf lined with travel guides. But the 32-year-old mother and former government employment lawyer has given up flying.



3 years ago

American Airlines and Qantas win tentative U.S. approval for joint venture

American Airlines Group Inc and Qantas Airways Ltd have been given the U.S. government's tentative approval to operate a joint venture after a prior effort was rejected in 2016.



3 years ago

Oil prices mixed on Saudi Arabia supply comments, trade fears

Oil futures were little changed on Monday as Saudi Arabia comments indicating OPEC would extend supply cuts supported prices, while concerns that U.S. tariffs on China and Mexico would hurt demand weakened crude market sentiment.



3 years ago

Exclusive: U.S. Justice Dept considering Apple probe: sources

The U.S. Justice Department has jurisdiction for a potential antitrust probe of Apple Inc as part of a broader review of technology companies, two sources told Reuters.



3 years ago

Wall Street tumbles as Facebook, Alphabet extend slide

U.S. stocks went back into the red on Monday after regulatory fears sent shares of internet giants Alphabet, Facebook and Amazon.com sharply lower, particularly weighing down on the tech-laden Nasdaq.



3 years ago