Latest News on private equities market

Ryanair vows to appeal against Lufthansa aid package

Ryanair will contest a 9 billion-euro ($9.9 billion) German aid package for Lufthansa, the budget airline's Chief Executive Michael O'Leary said in a statement on Tuesday.



5 years ago

'How about next June?' Small meat processors backlogged as virus idles big plants

Inside the small-scale Iowa abattoir Stanhope Locker and Market, owner Shaunna Zanker yawns with exhaustion as she listens to yet another farmer asking her to slaughter his pigs.



5 years ago

U.S. small firms leave $150 billion in coronavirus stimulus untapped

When the U.S. government first rolled out forgivable loans to small businesses in early April under the Paycheck Protection Program, loan officers at Bank of the West in Grapevine, Texas worked nights and weekends to process a tsunami of applications.



5 years ago

Exclusive: Cathay Pacific's brand merger hits roadblock from China's aviation regulator

China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year's pro-democracy protests, two sources said.



5 years ago

Total's entry into Spanish power market shows rising competition: Naturgy CEO

France's Total entering Spain's electricity market through the purchase of assets from Portugal's EDP shows how competition is increasing in the country, the Chief Executive of utility Naturgy said on Tuesday.



5 years ago

Israel taps local desalination firm IDE over Hong Kong rival

Israel on Tuesday chose local company IDE Technologies over a Chinese-linked rival to build the country's largest desalination plant to tackle water shortages in one of the driest parts of the world.



5 years ago

Sanofi shares down despite $13 billion Regeneron payday

Shares in Sanofi fell on Tuesday despite the French drugmaker's impending $13 billion payday from selling most of its 20.6% stake in U.S. partner Regeneron .



5 years ago

NYSE to reopen trading floor closed by coronavirus

The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since March 20 when the bourse was forced to go all-electronic due to the coronavirus pandemic.



5 years ago

Hedge funds target France as short-selling bans lifted

A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year to calm financial markets, an analysis of regulatory filings showed.



5 years ago

Everything you need to know about SpaceX's historic Demo-2 launch, its first with NASA astronauts

SpaceX plans to launch a pair of NASA astronauts on Wednesday, the first time Elon Musk's company has launched people to space.

5 years ago

Demand rise, output cuts could mean oil market balance in June

Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks predict.



5 years ago

Supercar maker McLaren to cut 1,200 jobs amid pandemic: Sky News

Surrey-based supercar maker McLaren is cutting about 1,200 jobs from its workforce as it deals with the COVID-19 pandemic, Sky News reported on Tuesday.



5 years ago

French restaurant ruling puts coronavirus claims on global menu

AXA said on Tuesday it would meet the bulk of business interruption claims from some restaurant owners in France after it lost a court case that was seen as a potential precedent for coronavirus-related disputes across the world.



5 years ago

COVID-19 lawsuit takes on McDonald's like it was a rowdy bar

As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus.



5 years ago

Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct

The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a range of related misconduct from companies touting sham cures to misuse of federal aid.



5 years ago