Latest News on private equities market

Germany's BaFin conducting multiple investigations into Wirecard: president

Germany's BaFin conducting multiple investigations into Wirecard: president

Germany's financial watchdog said on Tuesday that it was looking very closely at developments surrounding German payments company Wirecard .



6 years ago
Thyssenkrupp CFO: we don't have a liquidity problem

Thyssenkrupp CFO: we don't have a liquidity problem

Thyssenkrupp does not have a liquidity problem due to a 1 billion euro loan from state-owned lender KfW [KFW.UL] and the expected transfer of funds from the sale of its elevator division, its chief financial officer said.



6 years ago
Honda says has enough cash but may issue bonds if new coronavirus waves hit

Honda says has enough cash but may issue bonds if new coronavirus waves hit

Honda Motor Co has enough cash on hand, equivalent to almost two months of sales, to weather the downturn caused by the coronavirus pandemic, but may issue bonds to raise funds if there is second or third wave of infections, a senior managing director at the company, Kohei Takeuchi said on Tuesday.



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
Vodafone keeps dividend as pandemic hits roaming, but boosts data

Vodafone keeps dividend as pandemic hits roaming, but boosts data

Vodafone kept its dividend on Tuesday, bucking a corporate trend to cut or scrap payouts due to the coronavirus crisis, as the world's second-biggest mobile operator met expectations with a 2.6% rise in full-year core earnings.



6 years ago
Popeyes sticks to China expansion plan in spite of virus

Popeyes sticks to China expansion plan in spite of virus

Fried chicken chain Popeyes is forging ahead with the opening of its first outlet in China despite the coronavirus outbreak and plans to set up "a few more" by the end of the year in several Chinese cities, its executives 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
Honda profits shrink to four-year low, coronavirus clouds outlook

Honda profits shrink to four-year low, coronavirus clouds outlook

Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current year because of uncertainty about the longer-term impact of the coronavirus on global car demand.



6 years ago
Logitech sales surge as working from home boosts demand

Logitech sales surge as working from home boosts demand

Logitech International reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis.



6 years ago
Stock market rally pauses, bonds edge higher as economy partly reopens

Stock market rally pauses, bonds edge higher as economy partly reopens

World equity markets were little changed and safe-haven bonds climbed on Tuesday as investors weighed stronger economic data from China and upbeat corporate earnings in Europe against concerns about a potential second wave of coronavirus infections as economies reopen.



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
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
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