Latest News on private equities market

Japan's Takeda to sell some Asia-focused drugs to Celltrion for $278 million

Japan's Takeda to sell some Asia-focused drugs to Celltrion for $278 million

Takeda Pharmaceutical Co Ltd has agreed to sell a portfolio of over-the-counter and prescription drugs marketed in the Asia Pacific region to South Korea's Celltrion Inc for $278 million, it said on Thursday



6 years ago
U.S. weekly jobless claims fall, but millions still unemployed

U.S. weekly jobless claims fall, but millions still unemployed

Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market could take years to heal from the pandemic even as businesses resume hiring workers.



6 years ago
Bombardier to cut up to 600 jobs in Northern Ireland

Bombardier to cut up to 600 jobs in Northern Ireland

Planemaker Bombardier Inc is to cut up to 600 jobs in its Northern Ireland operations, it said on Thursday, as part of plans announced last week to cut 2,500 jobs or about 11% of the workforce in its global aviation unit.



6 years ago
JPMorgan's Wikmark takes new role as co-head of Nordics banking: memo

JPMorgan's Wikmark takes new role as co-head of Nordics banking: memo

JPMorgan has promoted Jonas Wikmark as co-head of Nordics banking to drive growth in one of its major European markets, according to a memo seen by Reuters.



6 years ago
Uber, Lyft drivers now considered employees under California law

Uber, Lyft drivers now considered employees under California law

The California Public Utilities Commission (CPUC) said drivers under Transportation Network Companies (TNCs), which include ride-hailing services such as Uber Technologies Inc and Lyft Inc , would be considered employees under the state's work law.



6 years ago
Futures drop on fears of second virus wave, bleak economic view

Futures drop on fears of second virus wave, bleak economic view

U.S. stock futures fell sharply on Thursday on jitters over a second wave of coronavirus infections and a grim forecast for the economy from the Federal Reserve.



6 years ago
Walmart to stop keeping 'multicultural' beauty products in locked display cases

Walmart to stop keeping 'multicultural' 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.



6 years ago
Canadian securities regulators sign fintech co-operation agreement with the Financial Supervisory Commission of Taiwan

Canadian securities regulators sign fintech co-operation agreement with the Financial Supervisory Commission of Taiwan

CSA | Release | June 11, 2020 Montreal - Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Financial Supervisory Commission of Taiwan (FSC). The members are the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan. The agreement extends the work

6 years ago
Goldman Sachs says 100,000 customers have tapped Covid-19 hardship program

Goldman Sachs says 100,000 customers have tapped Covid-19 hardship program

Amid the coronavirus crisis, the temporary relief program offered by Goldman Sachs allows Apple cardholders to skip a payment without incurring interest.

6 years ago
Op-ed: Why millennials are investing during this crisis — 'We aren't going to miss it this time'

Op-ed: Why millennials are investing during this crisis — 'We aren't going to miss it this time'

CNBC's Courtney Reagan says she and others in her age group are hopeful that the American economy will be resilient, as it has been in the past.

6 years ago
Oil prices slump as virus-related demand concerns resurface

Oil prices slump as virus-related demand concerns resurface

Oil prices tumbled around 7% on Thursday, fueled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while the United States saw another large build in crude inventories.



6 years ago
Oil prices set for worst daily drop since April on inventories, bearish Fed

Oil prices set for worst daily drop since April on inventories, bearish Fed

Oil prices slumped on Thursday, dragged down by another record build-up in U.S. crude inventories and the U.S. Federal Reserve's projections that the world's biggest economy would shrink 6.5% this year.



6 years ago
Delta rolling out COVID-19 testing for all employees

Delta rolling out COVID-19 testing for all employees

Delta Air Lines Inc is launching next week a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic and Quest Diagnostics Inc, Chief Executive Ed Bastian said in an employee memo on Thursday.



6 years ago
British Airways turns to Damien Hirst in its hour of need

British Airways turns to Damien Hirst in its hour of need

British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous artists like Damien Hirst to raise millions of pounds to help it through the coronavirus pandemic.



6 years ago
Wall Street lower on fears of new virus wave, Fed's cautious outlook

Wall Street lower on fears of new virus wave, Fed's cautious outlook

The S&P 500 and the Dow Jones hit a one-week low on Thursday, after a sharp climb over the past month, as investors worried about a second wave of coronavirus infections and a grim forecast for the economy from the Federal Reserve.



6 years ago