Latest News on private equities market

Return of Big Mac - McDonald's UK emerges from lockdown

Return of Big Mac - McDonald's UK emerges from lockdown

After over seven weeks of coronavirus lockdown, Britons hankering for a Big Mac may be a step closer to getting their hands on one after McDonald's reopened 15 restaurants on Wednesday for delivery only.



6 years ago
Climate activists up stakes at Exxon, backing calls for independent board chairman

Climate activists up stakes at Exxon, backing calls for independent board chairman

Shareholder activists prodding Exxon Mobil Corp on climate-change proposals are backing calls for an independent board chairman as the oil major steps up efforts to keep climate proposals off its ballot.



6 years ago
Wall Street falls on Powell's grim outlook

Wall Street falls on Powell's grim outlook

Wall Street's main indexes fell on Wednesday after Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes due to the coronavirus pandemic.



6 years ago
Trump extends order on U.S. telecom supply chain security until 2021

Trump extends order on U.S. telecom supply chain security until 2021

U.S. President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk.



6 years ago
In nod to grim U.S. outlook, Fed's Powell calls for more fiscal support

In nod to grim U.S. outlook, Fed's Powell calls for more fiscal support

The head of the Federal Reserve warned on Wednesday of an "extended period" of weak economic growth, vowed to use the U.S. central bank's power as needed, and called for additional fiscal spending to stem the fallout from the coronavirus pandemic.



6 years ago
Here's where people are turning for cash as household income takes a dive

Here's where people are turning for cash as household income takes a dive

If you have an emergency fund, now's the time to tap it. People who have lost their jobs are turning to savings to supplement their income, according to Bankrate.com. But how long will the pot of money last?

6 years ago
Airbus examining restructuring including redundancies: sources

Airbus examining restructuring including redundancies: sources

Airbus is drawing up plans for restructuring involving "deep" job cuts, but has not taken a final decision, industry sources said.



6 years ago
Vodafone meets full-year expectations, pulls guidance on COVID-19 uncertainty

Vodafone meets full-year expectations, pulls guidance on COVID-19 uncertainty

Vodafone , the world's second largest mobile operator, met expectations with a 2.6% rise in full-year core earnings to 14.9 billion euros ($16.10 billion), but did not give a current year outlook due to the uncertainty caused by the coronavirus.



6 years ago
Honda declines to give outlook as profit slides amid coronavirus pandemic

Honda declines to give outlook as profit slides amid coronavirus pandemic

Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current business year as the coronavirus pandemic hits global car demand.



6 years ago
Saudi Aramco first-quarter net profit falls 25% as oil prices slump

Saudi Aramco first-quarter net profit falls 25% as oil prices slump

Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand.



6 years ago
Stocks falter as anxiety grows over second coronavirus wave

Stocks falter as anxiety grows over second coronavirus wave

Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.



6 years ago
Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show

Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show

Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.



6 years ago
Hyatt to lay off 1,300 employees as pandemic cripples travel

Hyatt to lay off 1,300 employees as pandemic cripples travel

Hyatt Hotels Corp said late Monday it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, which has virtually halted global travel by keeping people indoors.



6 years ago
Tencent Music misses quarterly revenue estimates, signals better second quarter

Tencent Music misses quarterly revenue estimates, signals better second quarter

China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending its shares down 4.5% in extended trade overnight.



6 years ago
Toyota expects annual operating profit to drop 80% as virus saps car sales

Toyota expects annual operating profit to drop 80% as virus saps car sales

Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars.



6 years ago