Latest News on private equities market

Incoming college students consider taking a gap year instead of school during Covid-19

Incoming college students consider taking a gap year instead of school during Covid-19

As colleges remain closed indefinitely, the number of college-bound seniors considering a gap year is up significantly. But this option is not a quick fix.

6 years ago
What fluctuating oil prices mean for your wallet

What fluctuating oil prices mean for your wallet

Small businesses aren't the only ones taking a hit from stay-at-home orders. Lockdowns are a contributor to the oil price gyrations you're currently seeing. Here's what it means for you.

6 years ago
Japanese governor pledges support for Toyota suppliers as production dips

Japanese governor pledges support for Toyota suppliers as production dips

As Toyota prepares to nearly halve production at Japanese factories, a regional governor said on Thursday he would offer 400 billion yen ($3.72 billion) in emergency loans for small and mid-size companies including Toyota's suppliers.



6 years ago
African airlines could lose $6 billion in passenger revenue in 2020: IATA

African airlines could lose $6 billion in passenger revenue in 2020: IATA

African airlines could lose $6 billion in passenger revenue in 2020, the International Air Transport Association said on Thursday, as flight restrictions due to the novel coronavirus hit the sector on the continent.



6 years ago
China's BYD, Toyota's Hino partner in electric commercial vehicles

China's BYD, Toyota's Hino partner in electric commercial vehicles

Chinese electric vehicle maker BYD said on Thursday it has partnered with Toyota-owned truck maker Hino Motors to develop electric commercial vehicles, as BYD deepens electric collaboration with Japan's top automaker.



6 years ago
Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline

Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline

President Donald Trump's plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration's strategy to shield drillers from a meltdown in energy demand - but company officials and industry groups said the program will not be enough.



6 years ago
U.S. bank investors put on mute as shareholder meetings go virtual

U.S. bank investors put on mute as shareholder meetings go virtual

Often rowdy and confrontational, this year's bank shareholder meetings have so far been brief and uneventful as the annual gatherings move online amid U.S. coronavirus lockdowns.



6 years ago
Futures dip ahead of jobless claims, business activity data

Futures dip ahead of jobless claims, business activity data

U.S. stock index futures retreated on Thursday as investors braced for another staggering jobless claims report and an expected plunge in business activity data as sweeping lockdown measures hammer economic growth.



6 years ago
Eli Lilly lifts 2020 profit view as coronavirus lockdowns fuel profit beat

Eli Lilly lifts 2020 profit view as coronavirus lockdowns fuel profit beat

Eli Lilly and Co beat quarterly profit estimates and raised the top-end of its 2020 earnings forecast on Thursday, benefiting from customers stockpiling on medicines such as its diabetes treatment Trulicity amid the coronavirus pandemic.



6 years ago
Apple plans to sell Macs with its own chips from 2021: Bloomberg

Apple plans to sell Macs with its own chips from 2021: Bloomberg

Apple Inc plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and iPads, Bloomberg reported on Thursday.



6 years ago
Gap says current cash and credit lines may not be sufficient to fund operations

Gap says current cash and credit lines may not be sufficient to fund operations

Gap Inc said on Thursday its existing cash levels and credit facilities may not be sufficient to run its business and it would have to take additional measures such as job cuts and new debt financing within the next 12 months to boost its liquidity.



6 years ago
Domino's Pizza forecasts rise in comparable sales; pulls long-term outlook

Domino's Pizza forecasts rise in comparable sales; pulls long-term outlook

Domino's Pizza Inc on Thursday forecast a 7.1% rise in U.S. comparable store sales in the first four weeks of the current quarter, benefiting from home-delivery orders from diners put under lockdown to curb the spread of the coronavirus.



6 years ago
Rebound in oil is just a 'breather' and crude prices will likely turn negative again, analysts say

Rebound in oil is just a 'breather' and crude prices will likely turn negative again, analysts say

The overnight partial recovery in oil prices isn't a rebound, but simply a "breather," as weak demand and storage issues would continue to pressure prices, which are likely to turn negative again, analysts say.

6 years ago
Historic oil price collapse sees first major energy company cut its dividend

Historic oil price collapse sees first major energy company cut its dividend

The move makes Western Europe's biggest crude producer the first oil major to cut its dividend this earnings season.

6 years ago
Mideast governments failing to protect airlines: IATA

Mideast governments failing to protect airlines: IATA

Middle East governments are failing to take the action required to protect their airlines from the economic crisis caused by the new coronavirus pandemic, the International Air Transport Association (IATA) said on Thursday.



6 years ago