Latest News on private equities market

Coronavirus widens the cracks in Egypt's cement industry

The coronavirus is putting Egypt's private cement industry under even more pressure.



4 years ago

Gulf mall operators rein in expansion as retailers reel from COVID-19

Mall operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built around huge centres catering to tourists and wealthy locals.



4 years ago

Europe's Detroit? Pandemic bursts Toulouse aerospace bubble

Barely three months ago, Serge Dumas had one problem: how to keep up with record demand for the metal fasteners and bolts his small aerospace supply firm manufactures just north of Toulouse.



4 years ago

Jobs come first in South Korea's ambitious 'Green New Deal' climate plan

The first stages of a South Korean government “Green New Deal” aiming to retool one of the world’s most fossil fuel-reliant economies is focused instead on protecting jobs as the country seeks to stimulate a virus-ravaged economy, activists say.



4 years ago

AstraZeneca shares down 2% after report it approached Gilead over tie-up

Shares in Britain's AstraZeneca fell 2.1% in early trades on Monday after a report it had approached U.S. rival Gilead Sciences about a possible merger to form one the world's largest drug companies.



4 years ago

Possibly millions of jobs could be lost if planes stay grounded, Heathrow boss says

Hundreds of thousands of jobs, if not millions, could be lost in Britain if aviation is not able to resume quickly, the chief executive of London's Heathrow Airport said on Monday.



4 years ago

Emerging market corporate credit quality down but not out

The coronavirus pandemic has had a devastating impact on companies around the world, but in poorer emerging economies where balance sheets and credit ratings were already weak, the damage is looking particularly widespread.



4 years ago

Samsung leader appears in court, waits to hear if he'll be jailed again

Samsung Group's leader, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including accounting fraud and stock manipulation will send him back to jail after more than two years of freedom.



4 years ago

Global stocks pause after recent run

World shares paused on Monday as investors turned cautious after a 42% surge since March, as economies continued to struggle with the effects of the coronavirus pandemic.



4 years ago

Thai Airways rehabilitation may take up to seven years, legal advisor says

The rehabilitation of flag carrier Thai Airways International Pcl may take up to seven years, the airline's legal advisor said on Monday.



4 years ago

HK residents rush for offshore bank accounts on China law worries: sources

Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from China's decision to impose a national security law on the city, five people said.



4 years ago

Hong Kong activist investor David Webb to step back for health reasons

Hong Kong activist investor David Webb has said he will step back from posting his widely read critiques of companies and the city's government after being diagnosed with prostate cancer.



4 years ago

Ryanair to fly through 'rubbish' UK quarantine: O'Leary

Ryanair will not cancel British flights despite Monday's start of what the boss of Europe's biggest budget airline called a "rubbish" 14-day quarantine for international arrivals.



4 years ago

UK luxury brand Mulberry to cut 25% of workforce

British luxury brand Mulberry said on Monday it plans to cut 25% of its global workforce of about 1,500, seeking to reduce its cost base after demand was hit by the coronavirus pandemic.



4 years ago

Exclusive: EU has concerns about Fiat, PSA deal, may need concessions - sources

EU antitrust regulators are concerned about Fiat Chrysler and Peugeot car maker PSA's combined high market share in small vans and may require concessions to clear their $50 billion merger, people familiar with the matter said.



4 years ago