Latest News on private equities market

AstraZeneca approached Gilead about potential merger - Bloomberg News

AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported on Sunday, citing people familiar with the matter.



4 years ago

Rosneft says no change to dividend policy despite lower state stake

Russia's largest oil producer Rosneft said on Sunday it planned to maintain a dividend policy of paying out half of its net profit despite the state lowering its stake in the company to below 50%.



4 years ago

Emirates, Etihad extend temporary salary cuts to September

Gulf carriers Emirates and Etihad Airways are extending the period of reduced pay for their staff until September as they try to preserve cash during the global coronavirus pandemic.



4 years ago

The best-performing analysts are betting on these 5 stocks right now

Analysts say these 5 stocks are poised to break out according to TipRanks.com

4 years ago

Sustainable investing is set to surge in the wake of the coronavirus pandemic

Sustainable funds saw record inflows during the first quarter, and experts say that in the aftermath of Covid-19, this investing approach will become all the more important.

4 years ago

BA, Ryanair, easyJet protest over 'wholly unjustified' UK quarantine plan

Three airlines have written to the British government in protest at its "wholly unjustified and disproportionate" quarantine rules for most international arrivals from Monday, a copy of the letter seen by Reuters showed.



4 years ago

Despite worries over coronavirus, most people booking travel don't plan to buy trip insurance, survey finds

More than half of Americans planning travel soon will not buy trip insurance despite worries over Covid-19, according to a survey by ValuePenguin.

4 years ago

Lufthansa CEO promises Germans a 'homecoming guarantee'

Lufthansa will bring home any Germans it flies abroad on vacation, Chief Executive Carsten Spohr said in a newspaper interview, seeking to assuage holidaymakers' concerns that new coronavirus outbreaks could leave them stranded.



4 years ago

AstraZeneca contacted Gilead over potential megamerger: Bloomberg News

Britain's AstraZeneca has approached U.S. rival Gilead Sciences about a possible merger to form one the world's largest drug companies, Bloomberg News reported on Sunday, citing people familiar with the matter.



4 years ago

Court to decide whether to jail embattled Samsung heir again

A South Korean court will rule as soon as Monday whether to send Samsung Group heir Jay Y. Lee back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country's top conglomerate.



4 years ago

World shares advance on surprise U.S. job recovery

U.S. stock futures and Asian shares advanced on Monday after a surprise recovery in U.S. employment gave further confidence of a quick economic recovery after many weeks of lockdowns aimed at controlling the coronavirus pandemic.



4 years ago

Samsung heir appears in court, awaits decision on whether he'll be jailed again

Samsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country's top conglomerate.



4 years ago

Japan's first-quarter GDP shrinks less than initial estimate but still faces steep recession

Japan's economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.



4 years ago

Japan's economy minister keeps focus on crisis-response, warns against deepening negative rates

Japan should focus on back-stopping struggling businesses rather than trying to spark overall demand in fighting the coronavirus pandemic, its economy minister said, suggesting the central bank should avoid pushing interest rates deeper into negative territory.



4 years ago

Instant View: Japan's economy set for worst postwar slump despite capex gains in first-quarter GDP

Japan's economy shrank less than initially estimated in the first quarter, revised data showed on Monday, but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.



4 years ago