Latest News on private equities market

Shut casinos hit Caesars as COVID-19 puts gambling industry in survival mode

Shut casinos hit Caesars as COVID-19 puts gambling industry in survival mode

Caesars Entertainment Corp missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic.



6 years ago
United to notify flyers about full flights after social media backlash

United to notify flyers about full flights after social media backlash

United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be "closer to full capacity," allowing them to re-book on a different flight or receive a travel credit.



6 years ago
Oklahoma regulators take no action after oil output hearing

Oklahoma regulators take no action after oil output hearing

Oklahoma's energy regulators on Monday took no action on applications from oil and gas producers seeking to win state-support for measures they said would help stabilize oil prices.



6 years ago
Oklahoma oil regulators hear arguments on output cuts

Oklahoma oil regulators hear arguments on output cuts

Oklahoma's energy regulators on Monday began hearing arguments from producers seeking to win state-support for setting limits on oil production to help stabilize prices.



6 years ago
Pandemic could rip 105 billion pound hole in small company finances

Pandemic could rip 105 billion pound hole in small company finances

Britain's smaller companies could be saddled with up to 105 billion pounds ($129 billion) in "unsustainable" debt by March next year that will need recapitalising, a financial services body told the Bank of England on Monday.



6 years ago
Oil falls on fears of second coronavirus wave

Oil falls on fears of second coronavirus wave

Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia tempered worries about oversupply and limited price losses.



6 years ago
Mark Cuban: White House coronavirus safeguards need to be US norm before people feel comfortable

Mark Cuban: White House coronavirus safeguards need to be US norm before people feel comfortable

"Whatever the White House is doing for the president and vice president, that's the protocol I want to use for my employees," Mark Cuban told CNBC on Monday.

6 years ago
Starbucks to reopen 150 drive-thru locations in UK this week

Starbucks to reopen 150 drive-thru locations in UK this week

Starbucks Corp said on Monday it would begin a phased reopening of 150 of its drive-thru locations and some takeaway-only stores in the United Kingdom as the country eases coronavirus-led restrictions on road travel.



6 years ago
Chinese advisers call for talks on new trade deal with U.S.: Global Times

Chinese advisers call for talks on new trade deal with U.S.: Global Times

Hawkish voices have emerged in China seeking a reevaluation of its Phase 1 trade deal with the United States, with some advisers urging fresh talks, a state-controlled tabloid said, citing sources close to the Chinese government.



6 years ago
Munich court to drop case against British short seller over Wirecard shares

Munich court to drop case against British short seller over Wirecard shares

A Munich court is planning to drop proceedings against British short seller Fraser Perring for suspected manipulation of the share price of German payment processor Wirecard , a court spokesman said on Monday.



6 years ago
Global equities sink, bonds rise on fears of second wave of infections

Global equities sink, bonds rise on fears of second wave of infections

A jump in coronavirus cases in South Korea and Germany rattled investors and sent global equities lower on Monday, while safe- haven assets including the dollar and U.S. Treasuries edged higher.



6 years ago
Under Armour warns 2nd quarter revenue could more than halve, shares tank

Under Armour warns 2nd quarter revenue could more than halve, shares tank

Under Armour Inc forecast on Monday a 50% to 60% drop in second-quarter revenue as most of its stores remained closed because of the COVID-19 pandemic, sending the athletic apparel maker's shares down about 11%.



6 years ago
Oil mixed on supply cuts, fears of second coronavirus wave

Oil mixed on supply cuts, fears of second coronavirus wave

Oil prices were mixed on Monday, supported by Saudi Arabia's move to reduce output by 1 million barrels per day (bpd) on top of reductions agreed under an OPEC+ pact, but pressured by fears of a second wave of coronavirus infections.



6 years ago
Logitech sales rise nearly 14% as work from home boosts demand

Logitech sales rise nearly 14% as work from home boosts demand

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



6 years ago
Fritz Gerber, who steered Roche from infamy to biotech success, dies at 91

Fritz Gerber, who steered Roche from infamy to biotech success, dies at 91

Fritz Gerber, the long-time head of Roche Holding who helped transform the Swiss company from an image-tarnished vitamins, drugs and chemicals conglomerate into a biotechnology and diagnostics giant, has died at the age of 91.



6 years ago