Latest News on private equities market

Carbon emissions cuts do not mean Repsol will exit oil sector: CEO

A target to reduce carbon emissions to net zero by 2050 does not mean Spanish oil and gas firm Repsol will stop producing oil though it will focus on certain projects, Chief Executive Josu Jon Imaz said on Tuesday.



5 years ago

Fiat Chrysler turns to 1.7 billion euro loss in first quarter on virus crisis

Fiat Chrysler said on Tuesday it turned to a net loss in the first quarter as a consequence of the crisis triggered by the spread of the coronavirus.



5 years ago

Wizz Air plans for easing of restrictions with holiday flights from June

Low cost airline Wizz Air said it is planning for the easing of travel restrictions by starting new routes from Britain's London Luton airport to holiday destinations in Portugal from 16 June and to Greece from July.



5 years ago

Thomson Reuters cuts sales outlook as narrowly misses earnings

Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due to disruption to the global economy from the coronavirus pandemic.



5 years ago

Uber, Lyft investors want to hear plans to get riders back in cars

As U.S. lockdowns and fears of the coronavirus pandemic stretch into a third month, who wants to take an Uber ride?



5 years ago

Lufthansa not planning to buy rivals weakened by COVID-19 crisis -CEO

Lufthansa is not planning to buy rivals weakened by the coronavirus crisis, Chief Executive Carsten Spohr told shareholders at the company's virtual annual general meeting on Tuesday.



5 years ago

Fiat Chrysler plunges to loss, scraps outlook on virus crisis

Fiat Chrysler Automobiles (FCA) plunged to a first-quarter loss of $1.8 billion and scrapped its full-year earnings forecast on Tuesday, as the automaker grapples with a coronavirus crisis that has hammered production and sales.



5 years ago

Lufthansa has no plans to buy rivals hit by coronavirus crisis: CEO

Lufthansa is not planning to buy rivals weakened by the coronavirus crisis, Chief Executive Carsten Spohr told shareholders at the company's virtual annual general meeting on Tuesday.



5 years ago

One of Main Street's biggest fears in economic reopening — new regulations

As small businesses across the country grapple with economic reopening, one of their biggest fears is that new regulations will be a net negative for post-Covid-19 Main Street.

5 years ago

Virgin Atlantic to cut 3,000 jobs, stop using Gatwick: Sky News

Virgin Atlantic is to cut just over 3,000 jobs, or up to a third of its workforce, and stop using Gatwick Airport as part of its battle to survive, Sky News reported on Tuesday.



5 years ago

These 3 tweaks will simplify your money. Because life is complicated enough

Streamline your money life with a few easy changes and mindset tweaks. Life is difficult enough right now.

5 years ago

France's Lagardere sees off activist Amber in shareholder showdown

French publishing and media group Lagardere on Tuesday fended off Amber Capital's most daring attempt yet to shake up governance at the company, after shareholders rejected the activist investor's call to replace the supervisory board.



5 years ago

Futures climb on oil gains, easing of lockdowns

U.S. stock index futures rose on Tuesday as oil prices staged a recovery and a slew of countries eased coronavirus-led restrictions in an attempt to revive their economies.



5 years ago

Thomson Reuters cuts sales outlook, narrowly misses earnings

Thomson Reuters reported higher quarterly sales and operating profit that fell slightly short of Wall Street estimates on Tuesday, while cutting its full-year sales outlook due to disruption to the global economy from the coronavirus crisis.



5 years ago

Wall Street jumps as oil recovers, coronavirus-lockdown eases

Wall Street's main stock indexes opened higher on Tuesday as oil prices staged a recovery and a slew of countries eased coronavirus-led restrictions in an attempt to revive economic activity.



5 years ago