Latest News on private equities market

Nestle confirms sale of Buitoni brand's North American business

Nestle confirms sale of Buitoni brand's North American business

Nestle SA is selling the North American business of its Buitoni pasta brand to private-equity firm Brynwood Partners, the Swiss food group said on Monday.



6 years ago
Here's what these Gen Z investors learned when they opened robo-advisor accounts

Here's what these Gen Z investors learned when they opened robo-advisor accounts

They were shocked. They didn't expect to lose money. They're glad they started investing and here's what they learned.

6 years ago
Banking Must Take A Stand On Tough Social Issues

Banking Must Take A Stand On Tough Social Issues

The Financial Brand | Jim Marous | Jun 8, 2020 The COVID-19 crisis, combined with the recent incidents involving racial injustice, result in a dual pandemic for minority neighborhoods across the country. Financial institutions must increase their resolve to support racial and gender equality, diversity and inclusion within their organizations and in their communities. While

6 years ago
Austria strikes 450 mln eur bailout deal for Lufthansa unit: sources

Austria strikes 450 mln eur bailout deal for Lufthansa unit: sources

Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with the matter said on Monday.



6 years ago
Exclusive: BP to cut 15% of workforce - sources

Exclusive: BP to cut 15% of workforce - sources

BP plans to cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas major to renewable energy, company sources told Reuters on Monday.



6 years ago
Austria strikes 450 million eur bailout deal for Lufthansa unit: sources

Austria strikes 450 million eur bailout deal for Lufthansa unit: sources

Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with the matter said on Monday.



6 years ago
Ryanair boss sees UK quarantine dropped or quashed by end-June

Ryanair boss sees UK quarantine dropped or quashed by end-June

Ryanair believes Britain's courts will either strike down a 14-day quarantine for international travellers this week or the government will drop the measure before the end of June, boss Michael O'Leary told Reuters on Monday.



6 years ago
Druckenmiller is still betting on Amazon and Microsoft but is overall bearish on growth stocks

Druckenmiller is still betting on Amazon and Microsoft but is overall bearish on growth stocks

"I have the least growth weighting in my portfolio that I've had in maybe six or seven years," Druckenmiller told CNBC.

6 years ago
Exclusive: Fiat, PSA merger hits EU roadblock, may need concessions - sources

Exclusive: Fiat, PSA merger hits EU roadblock, may need concessions - sources

Fiat Chrysler's planned $50 billion merger with Peugeot maker PSA has hit a bump after EU regulators voiced concerns about the companies' market share in small vans, indicating concessions may be required, sources said.



6 years ago
35 million stimulus checks are still outstanding. What you need to know if you're waiting for your money

35 million stimulus checks are still outstanding. What you need to know if you're waiting for your money

While a majority of stimulus payments are out the door, millions of Americans are still waiting for their money. Here's the latest on who is affected and what you can do to make sure you're on the government's radar.

6 years ago
How to financially support your adult children without breaking your nest egg

How to financially support your adult children without breaking your nest egg

Financial experts warn about the dire consequences of giving your adult children money. Yet, in these trying times, it may be necessary.

6 years ago
Mohamed El-Erian: I'm 'uncomfortable' betting on continued 'huge recovery' in the stock market

Mohamed El-Erian: I'm 'uncomfortable' betting on continued 'huge recovery' in the stock market

The Allianz chief economic advisor, who in early March correctly called a coronavirus-driven bear market, told CNBC he's reluctant to buy the recent reopening rally.

6 years ago
Exclusive: Oil major BP to cut 15% of workforce

Exclusive: Oil major BP to cut 15% of workforce

BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas major to renewable energy, it said on Monday.



6 years ago
Gilead shares rise 5% on report of AstraZeneca's interest in megamerger

Gilead shares rise 5% on report of AstraZeneca's interest in megamerger

Shares of U.S. drugmaker Gilead Sciences Inc rose over 5% in premarket trading on Monday after a report it had been approached by Britain's AstraZeneca for a possible merger to form one of the world's largest drug companies.



6 years ago
Op-ed: Here's what CEOs are thinking and worrying about as they reopen their offices

Op-ed: Here's what CEOs are thinking and worrying about as they reopen their offices

A top fear of CEOs is a resurgence of the Covid-19 virus, according to survey results.

6 years ago