Latest News on private equities market

World stock markets fell for a third day running on Thursday after a sobering warning from the World Health Organization that the coronavirus may never go away.

BMW on Thursday said China sales of luxury passenger cars rebounded in April but the German premium car and motorbike manufacturer cautioned that other markets including the United States will be "very slow" to recover from the corona pandemic.

Credit card spending among some of JP Morgan Chase & Co's U.S. customers fell 40% during March and early April compared to last year, as Americans stayed home to protect against the novel coronavirus, according to a new report on Thursday.

U.S. electric vehicle maker Tesla Inc said on Thursday it had started producing Long Range Model 3 vehicles in its Shanghai factory and aimed to deliver them to customers soon.

U.S. stock index futures edged lower on Thursday following two sessions of sharp declines, as investors worried that the current economic downturn maybe be here for longer than initially presumed.

U.S. President Donald Trump on Thursday said he was very disappointed in China after the novel coronavirus broke out soon after the two countries agreed on a Phase 1 trade deal.

When markets slumped in March as the spread of coronavirus gathered pace, wealth managers' trading volumes soared as ultra rich clients reshuffled their portfolios.

Thyssenkrupp and Germany's largest union IG Metall on Thursday called for further consolidation of the country's warship sector, saying a tie-up of rivals Luerssen and German Naval Yards (GNYK) did not go far enough.

Fiat Chrysler's decision to scrap its dividend marks another setback for plans by the Agnelli family's Exor arm to raise cash after a $9 billion sale of its reinsurer unit PartnerRe collapsed this week.

Britain's quarantine plans and a minister's comment that big foreign holidays were unlikely this year are seriously hindering any travel recovery, said Willie Walsh the boss of British Airways parent company IAG .

The possibility that Uber Technologies Inc , which runs Uber Eats, could acquire Grubhub Inc is reigniting some restaurants' worries over the commissions charged to eateries by the third-party delivery companies.

The global novel coronavirus crisis continues to batter the U.S. labor market, with millions more Americans, including white collar workers, filing for unemployment benefits last week as the hit from the pandemic spills over into a broader swath of the economy.

Electric car maker Tesla Inc plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that it expects will bring the cost of electric vehicles in line with gasoline models, and allow EV batteries to have second and third lives in the electric power grid.

Tesla Inc is a leader in electric vehicle battery technology, but the company doesn't do all its own research.

Many independent financial advisory shops are also small businesses with a payroll. That means they're eligible to apply for the Paycheck Protection Program. Here's what you should know.