Latest News on private equities market

Renault finalises 5 billion euro state-backed loan

Renault finalises 5 billion euro state-backed loan

Renault finalised on Wednesday a 5 billion euro ($5.60 billion) loan from with the French government, strengthening the carmaker's finances in the wake of the coronavirus pandemic which has ravaged the auto industry.



6 years ago
U.S. HR executives see working from home as part of new normal: survey

U.S. HR executives see working from home as part of new normal: survey

More than three out of four U.S. human resource executives think more employees will continue to work from home even after the threat of the novel coronavirus subsides, according to a survey by a large business association released on Wednesday.



6 years ago
Oil moves higher, hovers below $40 as doubts emerge over next step on OPEC cuts

Oil moves higher, hovers below $40 as doubts emerge over next step on OPEC cuts

Oil ended slightly higher on Wednesday but remained below the session's early highs above $40 a barrel, the highest since March, retreating as doubts emerged about the timing and scale of a potential extension to the pact between OPEC and its allies to cut crude supplies.



6 years ago
U.S. prosecutor says UAW takeover remains option after ex-president pleads guilty

U.S. prosecutor says UAW takeover remains option after ex-president pleads guilty

The United Auto Workers still needs to reform and a federal takeover remains an option, the U.S. prosecutor leading the investigation of corruption within the union told Reuters on Wednesday after the UAW's former president pleaded guilty to embezzlement.



6 years ago
Insurers say looting is covered under most insurance policies for businesses

Insurers say looting is covered under most insurance policies for businesses

After days of riots and looting, many businesses are looking to get back on their feet starting with filing insurance claims for the damage suffered.

6 years ago
Bacardi family member fights for reshuffle at spirits group

Bacardi family member fights for reshuffle at spirits group

Monika Bacardi, a member of the family owning the maker of the eponymous rum, said her Liechtenstein-based trust was blocking her attempt to reshuffle the management team at the spirits group, uncovering a fight inside the family.



6 years ago
U.S. House panel says opposes any U.S. trade deal with Brazil

U.S. House panel says opposes any U.S. trade deal with Brazil

The U.S. House Ways and Means Committee said on Wednesday it opposed the Trump administration's plan to expand economic ties to Brazil under the leadership of President Jair Bolsonaro, given its record on human rights and the environment.



6 years ago
Wall Street closes sharply higher on signs of economic rebound

Wall Street closes sharply higher on signs of economic rebound

Wall Street rallied broadly on Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond U.S. social unrest and pandemic worries.



6 years ago
Uber signals recovery in rides as lockdown restrictions ease

Uber signals recovery in rides as lockdown restrictions ease

Uber Technologies Inc said on Wednesday trip requests were gradually picking up, but still remained significantly below prior year levels, as several countries start to lift coronavirus-led restrictions.



6 years ago
Amazon leases 12 aircraft to bolster air cargo fleet

Amazon leases 12 aircraft to bolster air cargo fleet

Amazon.com Inc said on Wednesday it leased 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group Inc , bringing its total fleet to more than 80, as it pushes for faster delivery to meet a surge in online orders.



6 years ago
Military families face housing limbo during Covid-19 crisis

Military families face housing limbo during Covid-19 crisis

Coronavirus lockdowns across the nation and overseas have put many U.S. military families in a tough spot when it comes to housing, with "stop-movement" orders leaving service members scheduled to transfer between bases stuck in limbo with two mortgages or leases to pay. But there is help available from the Defense Department, service relief organizations and non-profit groups.

6 years ago
U.S. senators to announce sanctions bill on Russia's Nord Stream 2 gas pipeline

U.S. senators to announce sanctions bill on Russia's Nord Stream 2 gas pipeline

Five U.S. senators are to announce legislation on Wednesday to expand sanctions on Russia's Nord Stream 2, a natural gas pipeline that would increase exports to Germany but is opposed by many in Washington who say it would tighten Moscow's political and economic grip on Europe.



6 years ago
Shares, euro climb on robust risk appetite as lockdowns ease

Shares, euro climb on robust risk appetite as lockdowns ease

A gauge of global equity markets rose and the euro gained against the dollar on Wednesday, both for a seventh session, indicating strong risk appetite as easing lockdowns and hopes for more monetary stimulus boosted investor confidence.



6 years ago
Citigroup chief compliance officer Mark Carawan retires

Citigroup chief compliance officer Mark Carawan retires

Citigroup Inc said on Wednesday its chief compliance officer Mark Carawan is retiring after eight years at the firm, effective June 8.



6 years ago
Snap removes Trump account from curated promotional section

Snap removes Trump account from curated promotional section

Snap Inc said it would no longer promote U.S. President Donald Trump's account in Snapchat's Discover section, saying his inflammatory comments last week made the account ineligible for the curated section where users explore new content.



6 years ago