Latest News on private equities market

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

Instant View: Japan's economy braced 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.



6 years ago
Exclusive: Malaysia - Even $3 billion not enough to settle 1MDB case with Goldman

Exclusive: Malaysia - Even $3 billion not enough to settle 1MDB case with Goldman

Malaysia's new government would not be willing to accept even compensation of $3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a figure that is far higher than the bank offered last year.



6 years ago
An occasional activist battles a struggling chemical company for control

An occasional activist battles a struggling chemical company for control

Privet has a history of selective, productive shareholder activism and is not a short-term activist.

6 years ago
'Am I going to get shot?' kids ask, as brands try to explain racism and violence to children

'Am I going to get shot?' kids ask, as brands try to explain racism and violence to children

For 8 minutes and 46 seconds - the length of time it took George Floyd, an unarmed black man, to die at the hands of Minneapolis police - cable TV kids channel Nickelodeon's screen went black on Tuesday to sounds of inhaling and exhaling, as white text flashed "I can't breathe."



6 years ago
Amid the coronavirus pandemic, many companies could replace their workers with robots

Amid the coronavirus pandemic, many companies could replace their workers with robots

During downturns, companies usually invest in automation to save on labor costs. Here's why we'll see even more of that during the coronavirus pandemic.

6 years ago
OPEC and allies to agree one-month extension to output cuts

OPEC and allies to agree one-month extension to output cuts

OPEC and its allies led by Russia are "most likely" to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.



6 years ago
HSBC warns it could face reprisals in China if UK bans Huawei equipment: Telegraph

HSBC warns it could face reprisals in China if UK bans Huawei equipment: Telegraph

HSBC Holdings Plc Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday.



6 years ago
Senate proposal could provide as much as $10,000 per month to American families to weather coronavirus pandemic

Senate proposal could provide as much as $10,000 per month to American families to weather coronavirus pandemic

Providing Americans with steady monthly income was debated before the coronavirus pandemic. Experts say one Senate proposal should be judged by how well it would get money to those who need it.

6 years ago
Volkswagen considering more cost cuts to cope with downturn

Volkswagen considering more cost cuts to cope with downturn

Volkswagen <VOWG_p.DE > is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday.



6 years ago
BBC appoints Tim Davie as new boss to negotiate future finance model

BBC appoints Tim Davie as new boss to negotiate future finance model

Tim Davie was appointed the new head of the BBC on Friday, tasked with securing the future direction and financing of the publicly funded British broadcaster in the wake of government scepticism of the current model.



6 years ago
PG&E preparing debt financing to exit bankruptcy: CNBC

PG&E preparing debt financing to exit bankruptcy: CNBC

San Francisco-based utility PG&E Corp is preparing debt financing to exit bankruptcy, CNBC said on Friday citing a report.



6 years ago
China says forcing Chinese firms off U.S. exchanges will harm U.S.

China says forcing Chinese firms off U.S. exchanges will harm U.S.

China said on Friday that forcing Chinese firms to retreat from U.S. stock exchanges would severely harm U.S. interests.



6 years ago
The Trump administration wants to give workers a payroll tax cut. Experts question whether it could work

The Trump administration wants to give workers a payroll tax cut. Experts question whether it could work

As the U.S. economy slowly starts again, lawmakers are considering various ideas to stimulate growth. President Donald Trump has said he wants a payroll tax cut. But experts aren't so sure that would help the people who need it most. Plus, it would be costly for Social Security.

6 years ago
Oil edges higher as traders eye producer talks on extending supply cuts

Oil edges higher as traders eye producer talks on extending supply cuts

Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.



6 years ago
Asian stocks set for best weekly gain in nine years, ECB stimulus boosts euro; U.S. jobs eyed

Asian stocks set for best weekly gain in nine years, ECB stimulus boosts euro; U.S. jobs eyed

Asian stocks erased early losses on Friday and were poised for their biggest weekly rise since 2011 while the euro hovered near a 1-1/2 month high as Europe's central bank surprised with more stimulus, fuelling hopes for a global rebound.



6 years ago