Latest News on private equities market

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
U.S. stock futures, Chinese shares slip amid Sino-U.S. tensions, oil falters

U.S. stock futures, Chinese shares slip amid Sino-U.S. tensions, oil falters

Shares struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors fretted over Sino-U.S. tensions, while oil ended an extended winning streak on oversupply risks amid weak demand.



6 years ago
Tyson Foods to resume limited production at largest U.S. pork plant

Tyson Foods to resume limited production at largest U.S. pork plant

Tyson Foods Inc will resume limited production at its largest U.S. pork plant this week, the company said late on Tuesday.



6 years ago
Wall Street jumps as oil recovers, coronavirus-lockdown eases

Wall Street jumps as oil recovers, coronavirus-lockdown eases

Wall Street's main stock indexes opened higher on Tuesday as oil prices staged a recovery and a slew of countries eased coronavirus-led restrictions in an attempt to revive economic activity.



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

Thomson Reuters cuts sales outlook, 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 crisis.



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