Latest News on private equities market

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

Dow slumps 5% on fears of spurt in virus infections, economic worries

U.S. stocks deepened losses on Thursday, with the Dow on track for its biggest single day percentage fall since March 18, on fears of a resurgence in coronavirus infections and a gloomy economic forecast from the Federal Reserve.



4 years ago

Exclusive: Exxon set to revive North Sea sale after months of delays - sources

Exxon Mobil is preparing to restart the sale of its British North Sea assets after weaker oil prices and the coronavirus outbreak led to months of delay, industry and banking sources said.



4 years ago

Ryanair rejects new UK guidance for passengers to check in all luggage

Ryanair rejected new British government guidance for passengers to check in all luggage including hand bags, saying on Thursday it would instead recommend that passengers minimise checked-in luggage.



4 years ago

Ryanair rejects UK guidance for passengers to check in all luggage

Ryanair on Thursday rejected new British government guidance for passengers to check in all luggage including hand bags, saying it would instead recommend that passengers minimise checked-in luggage.



4 years ago

Stocks slide, bonds rally on downbeat Fed outlook

The safe-haven Japanese yen and Swiss franc gained on Thursday while a gauge of global equity markets fell the most in seven weeks after the Federal Reserve's sobering outlook cast doubt on hopes for a V-shaped recovery from the coronavirus pandemic.



4 years ago

Ethereum Co-Founder’s Firm Starts Compliance Service for Tokens

Bloomberg | Olga Kharif | Jun 8, 2020 Key Points ConsenSys know-your-customer product will focus on DeFi Automated system will track 280,000 tokens issued on Ethereum ConsenSys Inc., which is seeking to transform itself into a full-service software provider for the Ethereum network, is releasing an automated service for catching crypto’s bad guys. Headed by

4 years ago

Unilever picks Britain as best option as it ends Anglo-Dutch era

Unilever proposed on Thursday to ditch its dual Anglo-Dutch legal structure and create a single company in Britain to give it more flexibility for mergers and acquisitions as the coronavirus pandemic overwhelms businesses worldwide.



4 years ago