Latest News on private equities market

Europcar still in talks over French financial aid

Europcar still in talks over French financial aid

French car hire company Europcar said on Tuesday it was still in talks with the government over obtaining further financing aid.



6 years ago
Airline SAS cuts up to 5,000 jobs due to pandemic

Airline SAS cuts up to 5,000 jobs due to pandemic

Scandinavian airline SAS said on Tuesday it could reduce its workforce by up to 5,000 full-time positions due to plunging demand and travel restrictions during the coronavirus outbreak.



6 years ago
Asian shares gain on signs lockdowns could ease

Asian shares gain on signs lockdowns could ease

Most Asian shares made gains while U.S. stock futures fell on Tuesday amid choppy trade as a renewed decline in oil prices partially offset optimism about the easing of coronavirus-related restrictions.



6 years ago
BP targets breakeven below $35/bbl next year, CEO says

BP targets breakeven below $35/bbl next year, CEO says

BP seeks to sharply reduce its spending and costs to be able to generate profit at oil prices below $35 a barrel by next year compared with $56 a barrel last year, CEO Bernard Looney said.



6 years ago
BP hikes debt, keeps dividend as coronavirus hammers profits

BP hikes debt, keeps dividend as coronavirus hammers profits

BP's first-quarter profit tumbled by two thirds and its debt climbed to its highest in at least five years as the coronavirus crisis hammered oil demand, but the energy major kept its dividend despite warning of exceptional uncertainty.



6 years ago
Tech issues hobble U.S. banks' mad grab for $310 billion in new small-business aid

Tech issues hobble U.S. banks' mad grab for $310 billion in new small-business aid

U.S. banks beginning another chaotic dash to grab $310 billion in fresh small-business aid released by the government on Monday were hamstrung after 11th-hour changes to the first-come-first-served program caused technology issues for many lenders.



6 years ago
Fiat Chrysler resumes van production in Atessa, some other Italian operations

Fiat Chrysler resumes van production in Atessa, some other Italian operations

Fiat Chrysler resumed van production on Monday at its Atessa plant in central Italy, a week before the country plans to start lifting a national lockdown put in place to limit the spread of the coronavirus.



6 years ago
Boeing says it will need to borrow more money on coronavirus fallout

Boeing says it will need to borrow more money on coronavirus fallout

Boeing Co will need to borrow more money over the next six months and does not expect to pay dividends again for years, as the U.S. planemaker wrestles with industry fallout from the coronavirus and the grounding of its 737 MAX jet, chief executive Dave Calhoun told shareholders on Monday at its annual general meeting.



6 years ago
Gundlach says 'LQD' corporate bond fund looks like the most overvalued bond asset because of Fed

Gundlach says 'LQD' corporate bond fund looks like the most overvalued bond asset because of Fed

Jeffrey Gundlach said a popular ETF is incredibly overvalued given some of the Fed's actions to support the economy during coronavirus pandemic.

6 years ago
Those $600 unemployment checks are delayed in some states

Those $600 unemployment checks are delayed in some states

The extra $600 in unemployment benefits provided by the federal government is delayed in some states, leading to smaller-than-expected payments.

6 years ago
Shares up on lockdown easing hopes; oil drops further

Shares up on lockdown easing hopes; oil drops further

Global stock markets rose on Monday as investors cheered news that more countries and U.S. states were looking to ease lockdowns and the Bank of Japan expanded its stimulus program, while the price of oil continued to crumble as storage runs out.



6 years ago
Wall Street gains as some U.S. states reopen for business

Wall Street gains as some U.S. states reopen for business

Wall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic.



6 years ago
U.S. oil plunges 18%, Brent hovers near $20 a barrel

U.S. oil plunges 18%, Brent hovers near $20 a barrel

Brent crude hovered around $20 a barrel and U.S. crude plunged 18% on Monday, driven lower by skittish investors fleeing the U.S. benchmark due to lack of available storage to deal with a coronavirus-induced collapse in demand.



6 years ago
Cooking more under quarantine? How to trim your spending

Cooking more under quarantine? How to trim your spending

I've developed a new love for cooking under quarantine, but noticed I've been spending just as much as when I used to eat out several times a week. Food experts told me how I could trim my budget.

6 years ago
How regulatory collaboration transformed markets

How regulatory collaboration transformed markets

Innovate Finance | April, 2020 Global initiatives to bring fintechs into the regulatory ecosystem are having an enormous positive impact on innovation. Better still, the successes enjoyed to date are set to be just the beginning. In the decade following the global financial crisis, domestic watchdogs around the world brought in dozens of new rules

6 years ago