Latest News on private equities market

Oil prices drop on concerns about patchy demand recovery, record U.S. stocks

Oil prices fell more than 2% on Thursday on worries about slow demand growth with coronavirus cases rising, U.S. crude stockpiles hitting an all-time high and the U.S. Federal Reserve projecting recovery from the pandemic would take years.



4 years ago

Asia stock rush pauses, bonds rally on sober Fed

Asian shares eased on Thursday while bonds rallied after a downbeat economic outlook from the U.S. Federal Reserve stoked speculation it would have to add to already historic levels of stimulus to safeguard recovery.



4 years ago

Zoom suspends U.S.-based activists' account after Tiananmen event

Zoom Video Communications temporarily shut the account belonging to a group of U.S.-based Chinese activists after they held an event to commemorate the 31st anniversary of China's Tiananmen Square crackdown, the activists said on Thursday.



4 years ago

Walmart to stop keeping 'multicutural' beauty products in locked display cases

Walmart Inc will stop keeping personal care products designed for people of color in locked display cases, the retailer said, after the practice drew flak online with many saying it suggested customers for these products cannot be trusted.



4 years ago

With crisis response in place, Fed looks to long term

The Federal Reserve completes its latest policy meeting on Wednesday with attention turning from its massive response to the coronavirus pandemic and toward its still-developing plans to strengthen and lengthen a nascent economic recovery.



4 years ago

Exclusive: ECB prepares 'bad bank' plan for wave of coronavirus toxic debt - sources

European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of the coronavirus outbreak, two people familiar with the matter told Reuters.



4 years ago

Emirates to lay off more pilots, cabin crew on Wednesday, sources say

Emirates, one of the world's biggest long-haul airlines, will lay off more pilots and cabin crew on Wednesday, sources said, in what would be a second day of redundancies.



4 years ago

Julius Baer faces investigation over ties to Argentine client: Neue Zuercher Zeitung

Swiss private bank Julius Baer faces investigation by watchdog FINMA over whether it followed correct procedures against money laundering in its ties with a former Argentine client, the Neue Zuercher Zeitung newspaper said on Wednesday.



4 years ago

Dollar falls as nerves set in before Fed policy decision

The dollar fell against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond yields in a policy decision later in the day.



4 years ago

Stock rally loses steam as markets wait for Fed

Asia's stock markets edged up to a fresh three-month high on Wednesday, with the dollar again under pressure but sentiment was largely cautious ahead of the U.S. Federal Reserve's next move.



4 years ago

World stocks hold fire ahead of Fed, dollar stumbles

World stock markets hovered below three-month highs on Wednesday, while the dollar stumbled ahead of a meeting of the U.S. Federal Reserve.



4 years ago

Credit Suisse CEO sees things 'going in right direction'

Business conditions are improving after a tough start to the year, Credit Suisse Chief Executive Thomas Gottstein said in a presentation released on Wednesday.



4 years ago

Emirates airline redundancies continue for second day, sources say

Emirates laid off more pilots and cabin crew on Wednesday in a second day of redundancies at one of the world's biggest long-haul airlines, three company sources said.



4 years ago

NATO chief says on Huawei: UK review of 5G security is important

The head of the NATO military alliance said on Wednesday that the West could not ignore the rise of China and so it was important that the United Kingdom had a review of the role of Huawei in its 5G network to ensure its security.



4 years ago

Oil down as rising U.S. inventories reawaken supply anxiety

Oil prices fell on Wednesday after a rise in crude and fuel stockpiles in the United States revived fears about oversupply and falling fuel demand in the world's largest crude consumer amid the coronavirus outbreak.



4 years ago