Latest News on private equity markets

Trump to sign executive order on social media on Thursday: White House

U.S. President Donald Trump will sign an executive order on social media companies on Thursday, White House officials said after Trump threatened to shut down the platform he accused of stifling conservative voices.



5 years ago

U.S. state of Arizona files consumer fraud lawsuit against Google

Arizona on Wednesday filed a consumer fraud lawsuit against Alphabet Inc's Google alleging that the company used "deceptive" and "unfair" practices to obtain the location data of users.



5 years ago

NCFA Response to CSA on NI 45-110 Harmonized Securities Crowdfunding Rules

NCFA Canada | Craig Asano | May 27, 2020 NCFA SUBMISSION TO CSA ON PROPOSED HARMONIZED RULES FOR START-UP SECURITIES CROWDFUNDING (NI 45-110) The Canadian Securities Administrators (CSA) are seeking comments on proposed harmonized rules for start-up securities crowdfunding by 27 May 2020. The National Crowdfunding and Fintech Association of Canada (NCFA) welcomes this initiative.

5 years ago

Facebook's Zuckerberg says government censoring social media not the 'right reflex'

Facebook Inc's Chief Executive Officer Mark Zuckerberg, commenting on U.S. President Donald Trump's threats against social media companies, said on Wednesday censoring a platform would not be the "right reflex" for a government worried about censorship.



5 years ago

U.S. senators weigh additional sanctions on Russia's Nord Stream 2

Two U.S. senators said on Wednesday they could draft further sanctions on Russia's Nord Stream 2 natural gas pipeline if Moscow finishes laying pipes for the project.



5 years ago

Nissan to set out survival plan after expected annual loss

Nissan Motor Co will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annual operating loss in 11 years.



5 years ago

Asian shares set to sag on U.S.-China woes

Asian shares are likely to dip on Thursday after remarks by U.S. Secretary of State Mike Pompeo that Hong Kong no longer warranted special treatment under U.S. law reignited worries about worsening relations with Beijing.



5 years ago

Germany's Bosch to begin restarting operations in Mexico

German automotive supplier Bosch on Monday said it has received government approval in Mexico to restart operations, which had been suspended since late March due to measures taken to curb the spread of the novel coronavirus.



5 years ago

Asian stocks gain on economic hopes, Hong Kong remains a risk

Asian shares and U.S. stock futures rose on Thursday as growing optimism about economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.



5 years ago

Oil drops on worse than feared rise in U.S. fuel stocks

Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating oil inventories all rose more than expected, dousing hopes of a smooth recovery in demand from coronavirus lockdowns.



5 years ago

American Airlines says to cut management and support staff by 30%

American Airlines Group Inc must reduce its management and support staff by about 30% as it moves to run a smaller airline due to the coronavirus pandemic, according to a letter to employees made public on Wednesday.



5 years ago

U.S. business to Trump: Go slowly on Hong Kong response

Business groups are urging U.S. President Donald Trump to go slowly in responding to Bejing's planned imposition of new national security laws on Hong Kong, warning revoking the city's special U.S. privileges will hurt the territory and its people.



5 years ago

Tencent raises $6 billion in largest Asian corporate debt deal this year

Tencent Holdings Ltd has raised $6 billion in debt, the Chinese technology company said on Thursday, in the largest debt deal by an Asian corporate in 2020.



5 years ago

Asian stocks gain on economic hopes, but Hong Kong risk clouds outlook

Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.



5 years ago

Tesla to cut car prices in North America, China

Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns.



5 years ago