Latest News on private equities market

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva)

The British parliament's treasury committee chairman has told the chief executive of Barclays to explain delays to granting emergency loans to small businesses.

Japan's Nintendo Co Ltd said on Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units, with hit title Animal Crossing: New Horizons shifting 13.4 million units in its first six weeks.

To help bolster the economy, the White House is weighing a variety of measures, including the possibility of extending the tax deadline to September or even December.

The United States has reached a settlement to recover more than $49 million involving Malaysian sovereign wealth fund 1MDB, the Department of Justice said.

Amy Klobuchar and Elizabeth Warren raise concerns about scammers taking advantage of business owners seeking aid during the coronavirus.

U.S. automaker Ford Motor Co's two ventures in China have reported year-on-year sales growth for April, indicating the world's biggest auto market has started its recovery from coronavirus-induced lows.

Asian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about falling demand sent oil prices lower.

Sinclair Broadcast Group has agreed to pay a $48 million fine to the Federal Communications Commission (FCC) resolving the probe into the company's abandoned deal to buy Tribune Media in what the agency said was its largest-ever civil penalty.

PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading.

Peloton Interactive Inc raised its forecast for full-year revenue on Wednesday as "stay at home" orders led to a surge in sales of the company's exercise bikes and fitness subscriptions, sending its shares up 5%.

Business owners, the unemployed and recipients of stimulus checks are among the targets of financial thieves trying to access trillions of dollars in federal coronavirus relief.

Peloton Interactive Inc raised its forecast for full-year revenue on Wednesday as "stay at home" orders encouraged more people to buy the company's exercise bikes and fitness subscriptions plans.

Lyft Inc on Wednesday posted higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable, saying ridership hit by the coronavirus pandemic had improved in late April.

T-Mobile US Inc added more monthly bill paying phone subscribers than expected in the first quarter, thanks to a surge in demand for cheaper phone services as people work from home amid lockdowns.