Latest News on private equities market

"Someone is going to beat this thing," CNBC's Jim Cramer said Thursday, suggesting a successful antiviral could be "more Tamiflu-like and less scary."

The financial auditors of Colombian airline Avianca Holdings have concluded that "substantial doubt" exists as to the company's ability to stay in business due to the coronavirus crisis, the carrier said.

Some workers in Georgia and other U.S. states prepared to go back to work for the first time in a month, as data released on Thursday showing soaring unemployment claims reaffirmed the grim economic toll of the coronavirus pandemic.

Air France-KLM Chief Executive Ben Smith said on Thursday he had given up his 2020 bonus, after a Dutch minister urged executive pay restraint in return for the billions of euros in government aid sought by the airline group.

Sales of new U.S. single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus outbreak batters the economy and throws millions of Americans out of work.

As financial conditions tighten, credit card issuers have begun lowering credit limits, sometimes without notice.

Lufthansa is aiming to finalise a state aid rescue package worth up to 10 billion euros ($10.8 billion) next week after the coronavirus crisis forced it to ground almost all of its planes, people close to the matter said.

Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by crashing global prices and slumping fuel demand during the coronavirus pandemic, two industry sources told Reuters.

All United Airlines flight attendants must wear a face covering or mask while on duty starting April 24, the airline said on Thursday, in the first such rule by a major U.S. carrier.

Intel Corp on Thursday forecast second-quarter earnings below Wall Street views as it cited the cost of readying a new PC chip and said it could not make a forecast for the full year because of economic uncertainty caused by the coronavirus pandemic.

Hertz Global Holdings Inc is working with debt restructuring advisers to explore options for shoring up its finances after the coronavirus pandemic killed demand for car rentals, people familiar with the matter said on Thursday.

"I actually think long-term the best cyclical play out there are the very large banks," said Steve Eisman, senior portfolio manager at Neuberger Berman.

Treasury Secretary Steven Mnuchin said he is considering a government lending program for U.S. oil companies looking for federal aid as they cope with a devastating plunge in prices, Bloomberg News reported on Thursday.

Boeing Co is planning to cut 787 Dreamliner output by about half and announce job cuts in its first-quarter earnings report, Bloomberg news reported https://www.bloomberg.com/news/articles/2020-04-23/boeing-poised-to-cut-dreamliner-output-jobs-on-plunging-demand on Thursday.

Asia equities face a bumpy session on Friday after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further government stimulus were offset by stark economic data showing the toll of the coronavirus pandemic.