Latest News on private equities market

Aer Lingus says reviewing social distancing procedures after packed flight

Aer Lingus says reviewing social distancing procedures after packed flight

Irish airline Aer Lingus said it was reviewing its social distancing procedures after a flight on Monday was packed with passengers.



6 years ago
Beiersdorf's La Prairie hit by collapse in travel retail

Beiersdorf's La Prairie hit by collapse in travel retail

Nivea-maker Beiersdorf said on Tuesday its La Prairie premium skincare brand has been hit hard by the drop in international travel due to the coronavirus pandemic but sales of its medicinal creams and plasters jumped.



6 years ago
Shareholders vote in Lagardere showdown with activist Amber

Shareholders vote in Lagardere showdown with activist Amber

Activist investor Amber Capital faces its biggest test yet on Tuesday in its high-stakes bid to shake up governance at media and publishing firm Lagardere as shareholders vote on its attempt to revamp the French firm's supervisory board.



6 years ago
EssilorLuxottica sales slump on coronavirus hit, worst yet to come

EssilorLuxottica sales slump on coronavirus hit, worst yet to come

Oakley and Ray-Ban maker EssilorLuxottica reported a slump in first-quarter sales on Tuesday and warned of an even bigger hit in the current quarter as the coronavirus outbreak prompted store closures.



6 years ago
Ryanair passengers down by 99.6% in April, Wizz Air down by 97.6%

Ryanair passengers down by 99.6% in April, Wizz Air down by 97.6%

Europe's biggest budget airline Ryanair posted a 99.6% fall in passenger numbers in April, while smaller low cost carrier Wizz Air said numbers plunged 97.6%, as the novel coronavirus halted most flying across Europe.



6 years ago
Air France says passengers must wear masks from May 11

Air France says passengers must wear masks from May 11

French carrier Air France is to require all passengers on board its flights to wear masks from May 11 to comply with French government guidelines on COVID-19 protection measures.



6 years ago
BNP Paribas says revenue resilient despite equity trading hit

BNP Paribas says revenue resilient despite equity trading hit

BNP Paribas' profit fell by a third in the first quarter, as the coronavirus crisis hit equity trading and prompted the euro zone's biggest bank to set aside more than half a billion euros in loan provisions.



6 years ago
BNP Paribas profit falls 33% on expected loan losses, equity trading hit

BNP Paribas profit falls 33% on expected loan losses, equity trading hit

Profit at BNP Paribas fell by 33.1% in the first-quarter as the coronavirus crisis hit equity trading and prompted the eurozone's biggest bank to set aside more than half a billion euros in loan provisions.



6 years ago
EssilorLuxottica first-quarter sales slump on coronavirus hit, worst yet to come

EssilorLuxottica first-quarter sales slump on coronavirus hit, worst yet to come

Oakley and Ray-Ban maker EssilorLuxottica reported a slump in first-quarter sales on Tuesday and warned of an even bigger hit in the current quarter as the coronavirus outbreak prompted store closures.



6 years ago
Hugo Boss expects virus hit to worsen before recovery

Hugo Boss expects virus hit to worsen before recovery

German fashion house Hugo Boss said it expected the impact of the coronavirus pandemic to be worse in the second quarter after it reported that sales fell a currency-adjusted 17% in the first, but added that it was seeing signs of a rebound in China and online.



6 years ago
Duterte says sorry to Philippine tycoons, their firms' shares surge

Duterte says sorry to Philippine tycoons, their firms' shares surge

Philippine President Rodrigo Duterte has apologised for his "hurting words" about two tycoons whom he openly dislikes, responding to their help in fighting the coronavirus by offering an olive branch to settle a costly regulatory row.



6 years ago
Bridge to Recovery: The Bank’s COVID-19 Pandemic Response |  Open Banking Consultations Delayed in Canada

Bridge to Recovery: The Bank’s COVID-19 Pandemic Response | Open Banking Consultations Delayed in Canada

Bank of Canada | Carolyn A. Wilkins talk at CD Howe Institute | May 4, 2020 It’s a pleasure to participate in the C.D. Howe webcast today. I wish the circumstances were better. So much has happened so quickly. In the early days of March—just eight weeks ago—Canada had fewer than 30 COVID-19 cases and

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

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?



6 years ago
Thomson Reuters cuts sales outlook as narrowly misses earnings

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.



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

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.



6 years ago