Latest News on private equities market

UK watchdog deems Shell's 'drive carbon neutral' ad campaign acceptable

UK watchdog deems Shell's 'drive carbon neutral' ad campaign acceptable

A Royal Dutch Shell advertising campaign promising customers they can "drive carbon neutral" has been deemed acceptable under Britain's advertising rules following an investigation, regulators said on Wednesday.



6 years ago
VW sees multi-speed coronavirus rebound led by China

VW sees multi-speed coronavirus rebound led by China

Volkswagen said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but warned sales would not recover as quickly in other parts of the world.



6 years ago
BMW to delay Hungary plant in coronavirus savings drive

BMW to delay Hungary plant in coronavirus savings drive

BMW will put investments on hold as it seeks to conserve cash to counter a fall in demand caused by the spread of the coronavirus pandemic, Chief Financial Officer Nicolas Peter said on Wednesday.



6 years ago
Hyundai Motor sales down 57% amid coronavirus pandemic

Hyundai Motor sales down 57% amid coronavirus pandemic

South Korea's Hyundai Motor said on Wednesday its provisional April sales fell 57% on year to 159,079 vehicles globally, as the coronavirus pandemic and efforts to curb its spread sharply contracted auto demand and dealership traffic.



6 years ago
Demand for refunds intensifies among college students

Demand for refunds intensifies among college students

As students argue that remote learning doesn't have same value as an in-person education, a growing number of undergraduates are taking their cases to court.

6 years ago
GM sets May 18 North American restart as profit tops estimates

GM sets May 18 North American restart as profit tops estimates

General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as it reported a stronger than expected quarterly profit, sending its shares up 7.8% in premarket trading.



6 years ago
Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates its ride-hailing business.



6 years ago
Wall Street climbs on hopes of easing restrictions

Wall Street climbs on hopes of easing restrictions

U.S. stocks opened higher on Wednesday on hopes of a pickup in business activity with states easing coronavirus-induced curbs, while investors looked past a stunning 20 million plunge in U.S. private payrolls last month.



6 years ago
IATA says face masks should be worn on flights in future

IATA says face masks should be worn on flights in future

The body representing global airlines says that it is recommending the wearing of masks on flights to prevent the spread of coronavirus when flying restarts.



6 years ago
UK Digital sandbox – coronavirus (Covid-19) pilot

UK Digital sandbox – coronavirus (Covid-19) pilot

FCA | May 4, 2020 Building on our approach to innovation, we are collaborating with key strategic partners and the industry to pilot a ‘digital sandbox’. This will provide enhanced regulatory support to innovative firms tackling challenges caused by the coronavirus (Covid-19) pandemic. We welcome initial expressions of interest as we develop this pilot and plan

6 years ago
Walgreens to restore standard operating hours at most U.S. stores

Walgreens to restore standard operating hours at most U.S. stores

Drugstore chain Walgreens Boots Alliance Inc said it would resume standard operating hours at most of its stores across the United States, beginning Tuesday.



6 years ago
Book a table for fast food? Burger King trials post-lockdown app in Italy

Book a table for fast food? Burger King trials post-lockdown app in Italy

Burger King is trialling an app for ordering food and booking a table at its outlets in Italy, as it seeks to persuade locals it is safe to eat out again after more than two months of coronavirus lockdown.



6 years ago
This is how many furloughed Main Street employees will get jobs back

This is how many furloughed Main Street employees will get jobs back

As the economy reopens from the coronavirus shock, not all small business jobs held on Main Street will be coming back, not even by a long shot, according to the Q2 2020 CNBC|SurveyMonkey Small Business Survey.

6 years ago
'Togetherness kills' — Cramer looks at stocks that will continue to suffer as social distancing remains

'Togetherness kills' — Cramer looks at stocks that will continue to suffer as social distancing remains

"Social distancing is going to be the answer why you have to sell certain stocks," CNBC's Jim Cramer said Tuesday.

6 years ago
White House adviser expects U.S. unemployment rate for April to be 'north of 16%'

White House adviser expects U.S. unemployment rate for April to be 'north of 16%'

White House economic adviser Kevin Hassett on Tuesday said he expects the U.S. unemployment rate was above 16% in April, as the coronavirus pandemic began to devastate the country's economy.



6 years ago