Latest News on private equities market

China announces new tariff waivers for some U.S. imports

China announces new tariff waivers for some U.S. imports

China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States.



6 years ago
Saudi Aramco first-quarter net profit slides 25% as oil prices fall

Saudi Aramco first-quarter net profit slides 25% as oil prices fall

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
Ryanair CEO says UK quarantine plan is idiotic, unenforceable

Ryanair CEO says UK quarantine plan is idiotic, unenforceable

Ryanair CEO Michael O'Leary on Tuesday said Britain's plan to have arriving passengers self-isolate in their accommodation for 14 days upon arrival was "idiotic" and effectively unenforceable.



6 years ago
Ryanair to resume 40% of July flights with new rules for passengers

Ryanair to resume 40% of July flights with new rules for passengers

Ryanair on Tuesday confirmed it will return to 40% of its planned flight schedule from July 1 and will require passengers to wear face coverings and to ask crew permission to use the toilet.



6 years ago
Federal student loan rates hit record lows

Federal student loan rates hit record lows

A government auction of 10-year Treasury notes set record low rates for all federal student loans taken out during the upcoming academic year.

6 years ago
Democrats propose to keep $600 unemployment checks rolling until 2021

Democrats propose to keep $600 unemployment checks rolling until 2021

In the massive legislative package House Democrats unveiled on Tuesday to inject more relief into an economy battered by the coronavirus, unemployed Americans would get an extra $600 a week through the end of the year.

6 years ago
Truck maker Volvo ditches dividend payment amid COVID-19 crisis

Truck maker Volvo ditches dividend payment amid COVID-19 crisis

Swedish truck maker Volvo will withdraw its proposed dividend for 2019, it said on Tuesday, joining a slew of firms opting not to make payments to shareholders because of the coronavirus crisis.



6 years ago
S&P 500 subdued on risks linked to reopening of economy

S&P 500 subdued on risks linked to reopening of economy

The S&P 500 struggled for direction on Tuesday as the risks of reopening the economy too soon overshadowed hopes of a jump-start to a battered global economy, following an easing of virus-led business shutdowns.



6 years ago
The U.S. needs more fiscal help to fight coronavirus, Fed officials say

The U.S. needs more fiscal help to fight coronavirus, Fed officials say

U.S. businesses and households are going to need more fiscal support to get through what will likely be a longer period of recovery from the coronavirus shutdown than initially expected, Federal Reserve policymakers said on Tuesday.



6 years ago
Chamath Palihapitiya calls Amazon's Jeff Bezos the best investor, better than Warren Buffett

Chamath Palihapitiya calls Amazon's Jeff Bezos the best investor, better than Warren Buffett

"People used to lambaste Jeff Bezos for not being profitable, but when you looked under the hood, he was the single best investor of our generation," Social Capital CEO Chamath Palihapitiya told CNBC.

6 years ago
Luckin Coffee sacks CEO, COO for alleged fraud

Luckin Coffee sacks CEO, COO for alleged fraud

Chinese coffee chain Luckin Coffee Inc fired its chief executive and chief operating officers following an internal probe on fabrication of annual sales numbers, the company said on Tuesday.



6 years ago
She applied for unemployment more than 50 days ago. She's still waiting

She applied for unemployment more than 50 days ago. She's still waiting

Sandi Bochum applied for unemployment in New York on March 15. She's still waiting for it.

6 years ago
For cash-strapped Americans, loans are hard to come by

For cash-strapped Americans, loans are hard to come by

As banks tighten lending standards across the board, it is getting increasingly difficult to get a loan. But there are still a few options out there.

6 years ago
Occidental offering employees voluntary buyouts over next two weeks: document

Occidental offering employees voluntary buyouts over next two weeks: document

Occidental Petroleum Corp is offering its employees voluntary buyouts over the next two weeks, according to a document seen by Reuters on Tuesday, citing the sharp decline in oil prices and the coronavirus pandemic for "severe dislocations" in its business.



6 years ago
Las Vegas Sands ends plans to open Japan integrated resort casino project

Las Vegas Sands ends plans to open Japan integrated resort casino project

Las Vegas Sands said in a statement on Wednesday it has ended its plans to open an integrated resort (IR) casino in Japan.



6 years ago