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Latest News on private equity markets

China, U.S. to collect additional tariffs on each other's goods

China and the United States will begin imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war despite signs talks would resume sometime this month.



6 years ago

Swiss Regulator Releases Anti-Money Laundering on the Blockchain Guidance

Fintech News Switzerland | Aug 26, 2019 The Swiss Financial Market Supervisory Authority FINMA has published guidance on how it applies Swiss anti-money laundering rules to financial services providers supervised by FINMA in the area of blockchain technology. FINMA has also issued banking licences to two new blockchain service providers. FINMA recognises the innovative potential

6 years ago

Volkswagen overstated fuel economy on 98K U.S. vehicles, will reimburse consumers

Volkswagen AG must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the Environmental Protection Agency said vehicle software overstated real-world performance.



6 years ago

Google to pay up to $200 million to FTC on YouTube probe: source

Alphabet Inc's Google will spend up to $200 million to settle a Federal Trade Commission investigation into YouTube's alleged violation of a children's privacy law, a person briefed on the matter told Reuters.



6 years ago

Yields rise on trade optimism, volumes muted

U.S. Treasury yields edged higher on Friday on hopes the United States and China will take steps to de-escalate their trade war, though trading volumes were muted before a U.S. holiday.



6 years ago

Hints of factory-driven slowdown in key 2020 U.S. election states

A decline in economic activity in the U.S. Midwest, apparent in a little-noticed report on Friday from the Chicago Federal Reserve Bank, adds to evidence of slowing growth in factory-heavy corners of the country key to next year's U.S. presidential election.



6 years ago

Wall Street flattens out into Labor Day weekend

U.S. stocks lost steam in afternoon trading on Friday as investors moved to the sidelines ahead of a long Labor day weekend but the three major indexes were on course to wrap up the week with their biggest gains since June.



6 years ago

Scrap Connection on Wefunder

"Tradefox (previously Scrap Connection) is a global platform providing B2B software solutions to companies that buy, sell or broker recyclable materials. We connect scrap professionals to facilitate trade in a $250 Billion market. We offer our customers unlimited access to company details on over 100,000 companies dealing in recyclables and thousands of in-depth company Trade [...]


The post Scrap Connection on Wefunder appeared first on Crowditz.


6 years ago

Handies Douzo on NextSeed

"From the team behind the wildly popular and buzzed-about “Secret Taste” dinners in Houston, comes a new hand roll restaurant that aims to set the standard in Houston for this trendy new cuisine. Chefs Patrick Pham and Daniel Lee have over 20 years of experience and are fresh off the success of their latest concept, [...]


The post Handies Douzo on NextSeed appeared first on Crowditz.


6 years ago

General Motors cuts some 350 jobs in Thailand operations

General Motors has cut about 350 jobs from its Thai subsidiary's operations, a labor representative said on Friday, slashing more than 15% of the workforce for the U.S. automaker that has two factories in Thailand.



6 years ago

Wall Street slips on mixed data, looming tariffs ahead of market holiday

U.S. stocks were in the red on Friday afternoon as investors were wary after mixed data and ahead of a holiday weekend in which a fresh round of U.S. tariffs on Chinese imports were due to kick in.



6 years ago

Toxic chemical at PES refinery mostly cleared, aiding probe of June blaze

Most of a highly toxic chemical stored at a fire-damaged Philadelphia oil refinery has been rendered inert, clearing the way for closer inspections of the site following a June blaze that led to the plant's closure, officials said on Friday.



6 years ago

Argentine peso, bond prices fall further as S&P rating cut prompts selling

Argentina's battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor's triggered automatic selling mechanisms at big pension funds.



6 years ago

Stocks edge higher but yuan weakens as tariffs loom

Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks edge higher on Friday despite weakness on Wall Street, though caution over pending U.S. tariffs on Chinese goods put the yuan on track for its biggest monthly decline in 25 years.



6 years ago

Oil falls ahead of hurricane but posts weekly gain as U.S.-China trade war eases

Oil futures fell on Friday, with U.S. crude down nearly 3% ahead of a hurricane near the Florida coast that could dampen demand, but prices were still headed for the biggest weekly increase since early July, boosted by an easing of U.S.-China trade rhetoric.



6 years ago