Latest News on private equities market

Young investors pile into stocks, seeing 'generational-buying moment' instead of risk

Young investors pile into stocks, seeing 'generational-buying moment' instead of risk

The major online brokers saw a major jump in new users during the coronavirus sell-off, many of who were of a younger cohort.

6 years ago
EasyJet founder offers $6 million reward for help in cancelling Airbus order

EasyJet founder offers $6 million reward for help in cancelling Airbus order

EasyJet founder Stelios Haji-Ioannou is offering 5 million pounds ($6.2 million) for any information that leads to the cancellation of its order for 107 Airbus jets as he steps up his campaign to oust the budget airline's management.



6 years ago
Florida unemployment pay drama rages on as residents face evictions

Florida unemployment pay drama rages on as residents face evictions

Unemployment benefits are taking a long time to reach Florida residents, which could prove challenging as a moratorium on evictions soon expires.

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
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
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
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
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
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
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
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
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
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
Musk, Texas governor talk about potential Tesla move to Lone Star state

Musk, Texas governor talk about potential Tesla move to Lone Star state

Texas Governor Greg Abbott said on Tuesday that he spoke with Elon Musk, the chief executive of Tesla Inc , in recent days about a potential move of the company's electric vehicle assembly plant to the Lone Star state.



6 years ago