Latest News on private equities market

The future of media: more digital and more economic pain, Reuters Institute says

The future of media: more digital and more economic pain, Reuters Institute says

The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital, The Reuters Institute for the Study of Journalism said.



6 years ago
Huawei CFO raises new argument to fight U.S. extradition in Canada court

Huawei CFO raises new argument to fight U.S. extradition in Canada court

Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed.



6 years ago
Oil prices ease as coronavirus infections rise

Oil prices ease as coronavirus infections rise

Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could hurt fuel demand, but hopes that production cuts could be extended kept declines in check.



6 years ago
Embraer secures $600 mln loan as commercial aviation chief departs

Embraer secures $600 mln loan as commercial aviation chief departs

Embraer SA said on Monday it had secured a $600 million loan, partly backed by Brazil's government, at the same time as a key executive departed the planemaker weeks after a potentially transformational deal with Boeing Co fell apart.



6 years ago
Fed launches long-awaited Main Street lending program, seeks to reach nonprofits

Fed launches long-awaited Main Street lending program, seeks to reach nonprofits

The Federal Reserve on Monday launched its Main Street Lending Program, the most complex program undertaken yet by the U.S. central bank to help keep the backbone of the economy from buckling under the strains of the coronavirus pandemic.



6 years ago
U.S., China to each allow four weekly flights for airlines; Delta to fly next week

U.S., China to each allow four weekly flights for airlines; Delta to fly next week

The United States and China will each allow four weekly flights between the two countries, the U.S. Transportation Department said on Monday, easing a standoff on travel restrictions in the midst of the novel coronavirus pandemic.



6 years ago
Proxy adviser ISS opposes re-election of Tesla chairwoman

Proxy adviser ISS opposes re-election of Tesla chairwoman

Proxy adviser Institutional Shareholder Services Inc (ISS) on Monday urged Tesla Inc shareholders to vote against the re-election of chairwoman Robyn Denholm at the electric carmaker's annual meeting next month.



6 years ago
GM CEO optimistic on U.S. demand, China, EV profitability

GM CEO optimistic on U.S. demand, China, EV profitability

General Motors Co's top executive struck an optimistic note on Monday about U.S. new vehicle demand despite the coronavirus pandemic, and the ability to sell electric vehicles at a profit, especially in China.



6 years ago
Charging points surge ahead of electric car boom

Charging points surge ahead of electric car boom

The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA).



6 years ago
BP to take up to $17.5 billion writedown, lowers oil outlook

BP to take up to $17.5 billion writedown, lowers oil outlook

BP will take a writedown of up to $17.5 billion in its second-quarter earnings after sharply lowering its long-term oil and gas price outlook as it now expects a faster transition away from fossil fuels.



6 years ago
Exclusive: Chesapeake Energy to file for bankruptcy as soon as this week - sources

Exclusive: Chesapeake Energy to file for bankruptcy as soon as this week - sources

Chesapeake Energy Corp is preparing to file for bankruptcy as soon as this week, said three people familiar with the matter, becoming the largest oil and gas producer to unravel after an energy market rout caused by the coronavirus outbreak.



6 years ago
Oil slumps further amid prospect of resurgence of coronavirus

Oil slumps further amid prospect of resurgence of coronavirus

Oil slumped on Monday, extending last week's losses, as new coronavirus infections hit China, Japan and the United States' increasing concerns that a resurgence of the virus could weigh on the recovery of fuel demand.



6 years ago
Analysts' view: Market jitters over second COVID-19 wave are an overdue pullback

Analysts' view: Market jitters over second COVID-19 wave are an overdue pullback

A second straight day of record new coronavirus cases in Beijing and a spike in infections across a swathe of the United States has dented investor sentiment and sent stocks sharply lower on Monday.



6 years ago
Commerzbank to cut more jobs, branches: board member

Commerzbank to cut more jobs, branches: board member

Commerzbank will announce "considerably" more branch closures and job cuts when it lays out its strategy review in August, a member of the bank's supervisory board said on Monday.



6 years ago
Recovery rally has further to run, so buy stocks: Morgan Stanley

Recovery rally has further to run, so buy stocks: Morgan Stanley

Stock market gains have further to run and investors are still under-pricing the scale of the world's coronavirus recovery, investment bank Morgan Stanley said in an outlook note.



6 years ago