Latest News on private equities market

EU recovery fund should support aerospace sector: France's Le Maire

EU recovery fund should support aerospace sector: France's Le Maire

The aerospace industry should be among the sectors that can tap a planned European recovery fund, French Finance Minister Bruno Le Maire said on Tuesday.



6 years ago
Deutsche Boerse chief says plans to fulfil his term as CEO

Deutsche Boerse chief says plans to fulfil his term as CEO

Deutsche Boerse Chief Executive Theodor Weimer said on Tuesday that he planned to complete his term through the end of 2024 at the helm of the stock exchange operator.



6 years ago
MGM, Caesars and Boyd will participate in employee COVID-19 testing plan

MGM, Caesars and Boyd will participate in employee COVID-19 testing plan

The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening.



6 years ago
JPMorgan hands out $30 billion in loans to small businesses: memo

JPMorgan hands out $30 billion in loans to small businesses: memo

JPMorgan Chase & Co has given out more than $30 billion in loans to over 250,000 businesses as part of the United States' coronavirus aid program for small businesses, Chief Executive Officer Jamie Dimon said in a memo on Tuesday.



6 years ago
Home Depot misses profit estimates after handing out virus-related bonuses

Home Depot misses profit estimates after handing out virus-related bonuses

Home Depot Inc missed estimates for quarterly profit on Tuesday, as the home improvement chain spent heavily to compensate employees working at its stores during the COVID-19 pandemic.



6 years ago
Wall Street set to retreat as Home Depot results weigh

Wall Street set to retreat as Home Depot results weigh

U.S. stock index futures eased on Tuesday, handing back gains from the S&P 500's best day in six weeks in the previous session, as disappointing results from Home Depot weighed on sentiment.



6 years ago
Mitsubishi Motors to cut costs after slump in annual profit

Mitsubishi Motors to cut costs after slump in annual profit

Mitsubishi Motors Corp will focus on cutting fixed costs by 20% or more in the next two years after reporting an 89% drop in annual profit, its weakest performance in three years, and skipping its year-end dividend.



6 years ago
Euro, Italian bonds cheer EU recovery fund plan

Euro, Italian bonds cheer EU recovery fund plan

The euro and Italian government bonds continued on Tuesday to cheer German- and French-led plans for a 500 billion euro EU coronavirus recovery fund, though stock markets were suffering from fatigue after their best day in months.



6 years ago
Fiat Chrysler's loan request raises doubts about $6 billion dividend

Fiat Chrysler's loan request raises doubts about $6 billion dividend

Italy could look into Fiat Chrysler's planned 5.5 billion euro ($6 billion) payout as part of its merger with Peugeot after the Italian-American carmaker asked for a 6.3 billion euro state-backed loan, a senior government source said.



6 years ago
Mitsubishi Motors' annual profit tumbles, refrains from issuing forecast

Mitsubishi Motors' annual profit tumbles, refrains from issuing forecast

Mitsubishi Motors Corp posted on Tuesday an 89% drop in annual operating profit for its weakest performance in three years and skipped the year-end dividend, as the coronavirus outbreak added to the Japanese automaker's profitability woes.



6 years ago
Most people think they need to slavishly follow personal finance advice. They're wrong

Most people think they need to slavishly follow personal finance advice. They're wrong

From budgets to using or avoiding credit credit cards, you can turn personal finance advice on its head and do what works for you. Not every piece of money advice works for everyone.

6 years ago
Trump awards deal to company to manufacture COVID-19 drugs in U.S.

Trump awards deal to company to manufacture COVID-19 drugs in U.S.

U.S. President Donald Trump's administration has awarded a $354 million contract to U.S.-based Phlow Corp to manufacture drugs being tested or used to fight the new coronavirus as well as some medicines that are in shortage.



6 years ago
Oil gains on signs of output cuts, improved demand

Oil gains on signs of output cuts, improved demand

Oil prices rose slightly on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic.



6 years ago
'Nothing off-limits': Thyssenkrupp could sell steel business in historic shift

'Nothing off-limits': Thyssenkrupp could sell steel business in historic shift

Thyssenkrupp could sell most of its steelmaking division, its CEO said on Tuesday, marking a historic reversal in strategy for the German conglomerate which has built its 200-year-old legacy as an industrial champion on the business.



6 years ago
Deutsche Boerse chief says plans to fulfill his term as CEO

Deutsche Boerse chief says plans to fulfill his term as CEO

Deutsche Boerse Chief Executive Theodor Weimer said on Tuesday that he planned to complete his term at the helm of the stock exchange operator.



6 years ago