Latest News on private equities market

'All my dreams are shattered': coronavirus crushes Asia’s garment industry

'All my dreams are shattered': coronavirus crushes Asia’s garment industry

Zarchi Lwin pawned her only two gold bangles for $140 when the owner of the Myanmar factory where she sewed winter coats for British retailer Next Plc shut it down after orders dried up due to the coronavirus.



6 years ago
An easing of coronavirus prevention measures helps China's auto plants rev up

An easing of coronavirus prevention measures helps China's auto plants rev up

In the eastern Chinese city of Yuyao, a group of five face-masked workers at a Geely auto plant, stood almost shoulder to shoulder behind an SUV as they conducted paint and other quality checks.



6 years ago
Empty middle seat? Depends on which country you are flying in

Empty middle seat? Depends on which country you are flying in

In Thailand, you cannot have food or water in flight and must wear a mask. In Malaysia and Indonesia, the plane needs to be half-empty. In the United States and Europe, it's not mandatory for airlines to leave the middle seat open.



6 years ago
Factbox: New measures being put in place for air travel differ by country

Factbox: New measures being put in place for air travel differ by country

Governments, airlines and airports around the world are putting in place new measures to help protect travellers and allow for a return to the air during the global coronavirus pandemic.



6 years ago
Australia's Qantas set to ramp up domestic flights without social distancing

Australia's Qantas set to ramp up domestic flights without social distancing

Qantas Airways Ltd could restart 40-50% of its domestic capacity in July if states relax border controls, and expects to offer low and flexible fares without social distancing measures to stimulate travel demand, its chief executive said on Tuesday.



6 years ago
Asia shares, oil rally on vaccine hopes, euro at two-week highs

Asia shares, oil rally on vaccine hopes, euro at two-week highs

Asian shares jumped on Tuesday and oil extended gains on optimism the global economy would recover quickly following a successful early-stage trial of a coronavirus vaccine, while the euro hovered near a two-week top.



6 years ago
Exclusive: Delta will add flights to keep planes no more than 60% full as demand rises - sources

Exclusive: Delta will add flights to keep planes no more than 60% full as demand rises - sources

Delta Air Lines Inc will keep planes no more than 60% full through at least July, adding more flights to its schedule than demand would usually justify, people familiar with the matter said.



6 years ago
Oil prices lifted for fourth day by signs of output cuts and demand pick-up

Oil prices lifted for fourth day by signs of output cuts and demand pick-up

Oil prices rose on Tuesday, extending gains for a fourth straight session, 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
Exclusive: Nasdaq to tighten listing rules, restricting Chinese IPOs - sources

Exclusive: Nasdaq to tighten listing rules, restricting Chinese IPOs - sources

Nasdaq Inc is set to unveil new restrictions on initial public offerings (IPOs), a move that will make it more difficult for some Chinese companies to debut on its stock exchange, people familiar with the matter said on Monday.



6 years ago
Starbucks says reopening many stores in Japan

Starbucks says reopening many stores in Japan

Starbucks Coffee Japan said it was reopening many of its stores in Japan, including Tokyo, starting on Tuesday, although many of them will be limited to take-out and drive-through services.



6 years ago
S&P 500 closes at 10-week high on vaccine hopes, stimulus pledge

S&P 500 closes at 10-week high on vaccine hopes, stimulus pledge

U.S. stocks jumped on Monday, and the S&P 500 closed at a 10-week high, on encouraging early-stage data for a potential coronavirus vaccine and on the promise of more stimulus to lift an economy beaten down by the pandemic.



6 years ago
Trump says should be possible to allow PPP borrowers more time to use loans

Trump says should be possible to allow PPP borrowers more time to use loans

U.S. President Donald Trump said on Monday extending the amount of time borrowers in the Paycheck Protection Program have to spend their funds to 24 weeks from the current eight weeks "should be easy."



6 years ago
FCA has to strengthen investments in Italy to seek state-backed loan: Economy Minister

FCA has to strengthen investments in Italy to seek state-backed loan: Economy Minister

Italy's Economy Minister Roberto Gualtieri on Monday said Fiat Chrysler [FCHA.MI] has to strengthen investments in Italy and avoid delocalizing its factories outside the national borders to apply for a state backed loan.



6 years ago
Oil jumps to two-month high on easing lockdowns, positive vaccine results

Oil jumps to two-month high on easing lockdowns, positive vaccine results

Oil prices on Monday jumped to their highest in over two months on positive early results on a potential coronavirus vaccine, optimism about a resumption in economic activity and signs producers were following through on planned output reductions.



6 years ago
More than 8% of U.S. mortgages now in forbearance: MBA weekly survey

More than 8% of U.S. mortgages now in forbearance: MBA weekly survey

Roughly 4.1 million U.S. mortgage borrowers have had their payments paused or reduced as the novel coronavirus outbreak hits household finances, but the increase in the number of people needing such help is slowing, the latest weekly survey from the Mortgage Bankers Association showed on Monday.



6 years ago