Latest News on private equities market

U.S. oil plunges, Brent below $20 a barrel on storage, economic woes

U.S. oil plunges, Brent below $20 a barrel on storage, economic woes

Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the coronavirus pandemic.



6 years ago
Shares rise on lockdown easing hopes; oil drops

Shares rise on lockdown easing hopes; oil drops

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
Nissan plans to slash Japan May car output by 78% vs last year, June: documents

Nissan plans to slash Japan May car output by 78% vs last year, June: documents

Japan's Nissan Motor Co Ltd plans to slash the number of cars it produces at home in May by 78% from last year, as the impact of the coronavirus shakes the troubled automaker which has already been struggling with falling sales.



6 years ago
Any aid for Germany's Lufthansa must have strings attached: senior SPD lawmaker

Any aid for Germany's Lufthansa must have strings attached: senior SPD lawmaker

Any state support for Germany's largest airline, Lufthansa , must come with strings attached, a senior legislator for the Social Democrats said, suggesting that management should be banned from receiving dividends or bonuses.



6 years ago
Buffett and Abel, but not Munger, to field questions at Berkshire annual meeting

Buffett and Abel, but not Munger, to field questions at Berkshire annual meeting

Warren Buffett's Berkshire Hathaway Inc will hold a truncated virtual annual meeting on Saturday where its billionaire chairman will be present but his longtime Vice Chairman Charlie Munger will not.



6 years ago
Explainer: U.S. payroll protection program: What has changed in round two?

Explainer: U.S. payroll protection program: What has changed in round two?

The Small Business Administration (SBA) on Monday will release $310 billion in funds for the second round of its program that aims to help small businesses hurt by the novel coronavirus disruption to cover their payroll costs.



6 years ago
U.S. banks, small businesses brace for lending race re-run

U.S. banks, small businesses brace for lending race re-run

U.S. banks were girding on Monday for another chaotic dash to grab $310 billion in fresh small business aid due to be released by the government on Monday, after it changed some of the rules of the first-come-first-served scheme at the 11th hour.



6 years ago
Shares jump as investors cheer lockdown easing, more stimulus

Shares jump as investors cheer lockdown easing, more stimulus

Stock markets rallied on Monday as investors cheered news more countries were easing lockdowns and the Bank of Japan expanded stimulus to cushion the impact of the coronavirus, though the oil price took another tumble with storage running out.



6 years ago
Alibaba demotes top executive after probe into behaviour: source

Alibaba demotes top executive after probe into behaviour: source

Chinese e-commerce giant Alibaba Group Holding Ltd has demoted Jiang Fan, one of its most senior executives, after an internal investigation into allegations of improper behaviour, according to a person familiar with the matter.



6 years ago
Imperial's premium cigar era draws to a close in $1.33 billion sale

Imperial's premium cigar era draws to a close in $1.33 billion sale

Imperial Brands is withdrawing from the premium cigar business to focus on vaping, with a 1.23 billion euro ($1.33 billion) sale of hand-rolled makes including Cohiba and Montecristo which will help it pay down debt.



6 years ago
GE's coronavirus troubles likely to hit power business, not just aviation

GE's coronavirus troubles likely to hit power business, not just aviation

Quarantines and lockdowns at large U.S. power plants are threatening to squeeze a multibillion-dollar slice of revenue that General Electric Co is counting on to help lift profits.



6 years ago
Nissan to slash Japan production by 70% in May, 43% in June: documents

Nissan to slash Japan production by 70% in May, 43% in June: documents

Japan's Nissan Motor Co Ltd will slash its domestic auto production plans by 70% in May and 43% in June, documents seen by Reuters show, as the impact of the coronavirus shakes the troubled automaker.



6 years ago
Scrutiny mounts on China's Luckin Coffee as market regulator inspects

Scrutiny mounts on China's Luckin Coffee as market regulator inspects

China's top market regulator has launched an inspection into Luckin Coffee , joining the country's securities watchdog in doing so as the coffee chain comes under scrutiny for fabricating millions of dollars worth of sales deals.



6 years ago
Broadcom offers to scrap exclusivity deals to end EU antitrust probe

Broadcom offers to scrap exclusivity deals to end EU antitrust probe

U.S. chipmaker Broadcom has offered to settle an EU antitrust investigation into its exclusivity deals with TV and modem makers, EU antitrust regulators said on Monday, a move that would stave off a possible hefty fine.



6 years ago
Jim Cramer reveals his 'Mad Covid-19 Index' of stocks for this 'tricky environment'

Jim Cramer reveals his 'Mad Covid-19 Index' of stocks for this 'tricky environment'

"You want to remember this list the next time the market rolls over," the "Mad Money" host said.

6 years ago