Latest News on private equities market

British Airways turns to Damien Hirst in its hour of need

British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous artists like Damien Hirst to raise millions of pounds to help it through the coronavirus pandemic.



4 years ago

Delta rolling out COVID-19 testing for all employees

Delta Air Lines Inc is launching next week a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic and Quest Diagnostics Inc, Chief Executive Ed Bastian said in an employee memo on Thursday.



4 years ago

Oil prices set for worst daily drop since April on inventories, bearish Fed

Oil prices slumped on Thursday, dragged down by another record build-up in U.S. crude inventories and the U.S. Federal Reserve's projections that the world's biggest economy would shrink 6.5% this year.



4 years ago

Oil prices slump as virus-related demand concerns resurface

Oil prices tumbled around 7% on Thursday, fueled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while the United States saw another large build in crude inventories.



4 years ago

Op-ed: Why millennials are investing during this crisis — 'We aren't going to miss it this time'

CNBC's Courtney Reagan says she and others in her age group are hopeful that the American economy will be resilient, as it has been in the past.

4 years ago

Goldman Sachs says 100,000 customers have tapped Covid-19 hardship program

Amid the coronavirus crisis, the temporary relief program offered by Goldman Sachs allows Apple cardholders to skip a payment without incurring interest.

4 years ago

Canadian securities regulators sign fintech co-operation agreement with the Financial Supervisory Commission of Taiwan

CSA | Release | June 11, 2020 Montreal - Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Financial Supervisory Commission of Taiwan (FSC). The members are the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan. The agreement extends the work

4 years ago

U.S. auto suppliers cheer as carmakers relaunch, but long-term worries remain

Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.



4 years ago

U.S. layoffs abating, labor market distress persists

The number of Americans seeking jobless benefits fell last week, but millions laid off because of COVID-19 continue to receive unemployment checks, suggesting the labor market could take years to heal from the pandemic even as hiring resumes.



4 years ago

Just Eat Takeaway's $6 billion Grubhub grab tests growth limits

Just Eat Takeaway said on Thursday its proposed $6 billion takeover of Grubhub to create a trans-Atlantic giant would give it the upper hand in the online food delivery market, where competitors are scrambling for share.



4 years ago

S&P 500 falls 3% on new virus wave fears, Fed's cautious outlook

U.S. stocks extended losses on Thursday, with the S&P 500 on track for its sharpest percentage decline since April 1, as investors worried about a second wave of coronavirus infections and a grim economic forecast from the Federal Reserve.



4 years ago

During the coronavirus pandemic, these 5 remote jobs are in high demand

Unemployment levels are still high, but positions for these five remote jobs are opening up quickly.

4 years ago

U.S. cannot shut down economy again, Treasury's Mnuchin says

The United States cannot let the coronavirus shut down its economy again, U.S. Treasury Secretary Steven Mnuchin said on Thursday, adding that more than $1 trillion in rescue funds will flow into the economy over the next month.



4 years ago

Stock market rally of hope pauses as virus worries mount

The reality that the coronavirus crisis is far from over is threatening a blistering equity market rally that had taken some world indexes to fresh highs.



4 years ago

'Sold!' Auctioneers race to unload oil equipment as U.S. drilling dries up

Fast-talking auctioneer Greg Highsmith sung out dozens of prices - "seventy-five-hundred now, $10,000 now, be able to get 15,000?" - before a North Dakotan buyer paid $27,500 for a used Caterpillar oil swabbing rig on Friday.



4 years ago