Latest News on private equities market

Singtel secures $3 billion in bank credit for subsidiaries

Singtel secures $3 billion in bank credit for subsidiaries

Singapore Telecommunications' (Singtel) subsidiaries have secured close to $3 billion in bank credit facilities, it said on Friday.



6 years ago
AmEx quarterly profit plunges 76% on $1.7 billion reserve build

AmEx quarterly profit plunges 76% on $1.7 billion reserve build

Credit card issuer American Express Co posted a 76% drop in quarterly profit on Friday, as it set aside $1.7 billion to brace itself against potential non-payments due to a wave of coronavirus-led layoffs.



6 years ago
Nestle CEO not getting carried away by strong first-quarter sales growth

Nestle CEO not getting carried away by strong first-quarter sales growth

Nestle Chief Executive Mark Schneider warned on Friday against reading too much into the company's first-quarter results, which marked its best quarterly growth for nearly five years as customers stockpiled food to deal with coronavirus shutdowns.



6 years ago
Picking a side hustle for your pandemic extra cash

Picking a side hustle for your pandemic extra cash

A side hustle can bring in some much-needed cash during the pandemic. These gigs allow for social distancing.

6 years ago
Indecisive EU to force ECB into more emergency action

Indecisive EU to force ECB into more emergency action

After another disappointing EU summit, the European Central Bank finds itself in a familiar position as the leading saviour of the euro, once again being called upon to push out its boundaries while politicians bicker.



6 years ago
Businesses slowed paying their bills in March, but spent a whole lot on technology, data shows

Businesses slowed paying their bills in March, but spent a whole lot on technology, data shows

As the economy shut down, businesses diverted spending to technology, while cutting back more broadly, including on payments to suppliers.

6 years ago
IKEA says visitors returning fast to reopened shopping centres in China and Germany

IKEA says visitors returning fast to reopened shopping centres in China and Germany

Furniture brand IKEA's main retail vehicle said on Friday shoppers were returning quickly to its shopping centres after it reopened three in China last week, and one in Germany this week - its first four to open after closures due to the coronavirus.



6 years ago
How to Talk About Your Crowdfunding Raise

How to Talk About Your Crowdfunding Raise

When planning for a crowdfunding raise, you should have a game plan on how you will talk about it – including what you should and shouldn’t say. Continue reading

6 years ago
As U.S. coronavirus death toll nears 50,000, Georgia forges ahead with reopening

As U.S. coronavirus death toll nears 50,000, Georgia forges ahead with reopening

With the U.S. coronavirus death toll nearing 50,000, Georgia pushed ahead with its plan to become the first state to allow an array of small businesses to reopen on Friday despite the disapproval of U.S. President Donald Trump and health experts.



6 years ago
Oil prices rise more than $1 after week of turmoil amid viral outbreak

Oil prices rise more than $1 after week of turmoil amid viral outbreak

Oil prices jumped again on Friday, gaining more ground as producers like Kuwait said they would move to cut output and as the United States approved another package to cope with the economic disruption caused by the coronavirus outbreak.



6 years ago
Brokerages restrict clients on positions they can take in oil

Brokerages restrict clients on positions they can take in oil

Several brokerages, including discount giant TD Ameritrade Corp are restricting customers from buying new positions in certain crude oil contracts after an unprecedented sell-off that sent prices below negative-$40 on Monday.



6 years ago
Main Street's mainstays: How some U.S. states tapped crisis loans

Main Street's mainstays: How some U.S. states tapped crisis loans

As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah builder Clark Ivory knew what to tell his local colleagues.



6 years ago
Virgin Australia owes $4.4 billion, to seek aircraft lease waivers -administrator

Virgin Australia owes $4.4 billion, to seek aircraft lease waivers -administrator

Virgin Australia Holdings Ltd owes A$6.9 billion ($4.39 billion) to more than 10,000 creditors based on an initial review and will seek a three-month payment waiver from aircraft lessors, its administrators said.



6 years ago
Nestle posts better than expected first-quarter sales as customers stockpile food

Nestle posts better than expected first-quarter sales as customers stockpile food

Nestle reported a 4.3% rise in organic sales growth for the first quarter, the food giant said on Friday, as consumers filled cupboards with Purina pet food and Poland Spring water to prepare for lockdowns caused by the coronavirus pandemic.



6 years ago
Swatch CEO says China sales rise but global situation still grim

Swatch CEO says China sales rise but global situation still grim

Swatch Group's sales at its own stores in China are up by almost a quarter during April, the watchmaker's Chief Executive Nick Hayek told Blick newspaper, but the global situation following the coronavirus outbreak remains tough.



6 years ago