Latest News on private equities market

The best moves you can make in retirement, from people who are nailing their senior years in style

The best moves you can make in retirement, from people who are nailing their senior years in style

When a global pandemic crushes the stock market, try these strategies to strengthen your finances.

6 years ago
Danish state prosecutor drops investigation of Danske Bank auditor EY

Danish state prosecutor drops investigation of Danske Bank auditor EY

Denmark's state prosecutor has dropped its investigation into whether accountant EY breached anti-money laundering laws in connection with its audit of Danske Bank , the Danish Business Authority (DBA) said on Friday.



6 years ago
Japan backs nearly a third of $6.6 billion loans to Nissan: sources

Japan backs nearly a third of $6.6 billion loans to Nissan: sources

The Japanese government has guaranteed almost a third of the 7l3 billion yen ($6.65 billion) in loans Nissan Motor Co has secured from its main lenders to weather the COVID-19 pandemic, according to three people with knowledge of the plans.



6 years ago
Oil falls but remains set for biggest monthly gain in years

Oil falls but remains set for biggest monthly gain in years

Oil prices were dragged sharply lower on Friday by weak U.S. fuel demand, fears of a second wave of coronavirus cases in South Korea and a worsening in U.S.-China relations, but were still on track for a hefty monthly gain.



6 years ago
Vestager says she is not placing extra hurdles in way of Lufthansa bailout

Vestager says she is not placing extra hurdles in way of Lufthansa bailout

EU antitrust chief Margrethe Vestager on Friday denied that she is placing additional hurdles in the way of Lufthansa's $10 billion government rescue, which has been held up by her demand for the stricken airline to give up airport slots.



6 years ago
SoftBank leads $500 million fundraising for Didi's self-driving unit

SoftBank leads $500 million fundraising for Didi's self-driving unit

China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group's Vision Fund 2.



6 years ago
Ukraine expects $5 billion IMF loan approval on June 5 - PM

Ukraine expects $5 billion IMF loan approval on June 5 - PM

Ukraine expects the International Monetary Fund (IMF) to approve a $5 billion (4.05 billion pounds) loan package at a board meeting on June 5 and the first tranche of $1.9 billion to be disbursed the following day, Prime Minister Denys Shmygal told Reuters on Friday.



6 years ago
Volkswagen pumps 2 billion euros into China electric vehicle bet

Volkswagen pumps 2 billion euros into China electric vehicle bet

Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players.



6 years ago
Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Rosneft does not have enough crude to ship to buyers with which it has long-term supply deals, making it hard for the Russian company to continue with record oil cuts beyond June, four sources familiar with the matter told Reuters on Thursday.



6 years ago
China's Kunlun says U.S approves sale of Grindr to investor group

China's Kunlun says U.S approves sale of Grindr to investor group

Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC.



6 years ago
Exclusive: Zoom plans to roll out strong encryption for paying customers only

Exclusive: Zoom plans to roll out strong encryption for paying customers only

Zoom , the video conferencing provider whose business has boomed with the COVID-19 pandemic, plans to strengthen encryption on video calls made by paying clients and institutions like schools, but not for users of its popular free accounts, a company official said Friday.



6 years ago
Wall Street ends mostly higher as U.S.-China spat simmers

Wall Street ends mostly higher as U.S.-China spat simmers

U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the U.S. economy than investors had feared.



6 years ago
Sale of shut Philly refinery to real estate developer delayed

Sale of shut Philly refinery to real estate developer delayed

The closing of a $252 million sale of the Philadelphia Energy Solutions (PES) oil refinery to a Chicago-based real estate developer has been delayed, a city official and source with knowledge of the agreement said on Friday.



6 years ago
Southwest Airlines CEO sees low-fare environment when traffic returns

Southwest Airlines CEO sees low-fare environment when traffic returns

Southwest Airlines Co Chief Executive Officer Gary Kelly said on Friday he expects a "brutal low-fare" environment when traffic returns after coronavirus-induced restrictions ease.



6 years ago
United Airlines cutting 13 top jobs, adding international flights in July

United Airlines cutting 13 top jobs, adding international flights in July

United Airlines Holdings Inc said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of a restructuring to address the hit on its business from the coronavirus pandemic.



6 years ago