Latest News on private equities market

Ryanair must be clearer about full ticket price: EU court

Ryanair must be clearer about full ticket price: EU court

Ryanair must indicate the full price of the ticket when it displays offers on its website, the EU's top court said on Thursday.



6 years ago
Pernod Ricard sales hit by coronavirus, share buyback halted

Pernod Ricard sales hit by coronavirus, share buyback halted

French spirits maker Pernod Ricard said on Thursday it was suspending a share buyback of up to 500 million euros ($541 million) and keeping a tight grip on costs in response to the coronavirus epidemic that cut third-quarter sales by 14.5%.



6 years ago
Hyundai sees limited China recovery and dismal virus-hit sales elsewhere this year

Hyundai sees limited China recovery and dismal virus-hit sales elsewhere this year

South Korea's Hyundai Motor Co said on Thursday it expects only a modest recovery in Chinese auto demand and weak sales elsewhere this year after the coronavirus pandemic caused first-quarter vehicle sales to tumble 18%.



6 years ago
Adidas plans a multi-billion bond to replace state loan: Manager Magazine

Adidas plans a multi-billion bond to replace state loan: Manager Magazine

German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month to help it get through the coronavirus crisis, Manager Magazine reported on Thursday.



6 years ago
Italy's Triboo starts selling Chinese COVID-19 antibody tests

Italy's Triboo starts selling Chinese COVID-19 antibody tests

Italian digital services company Triboo said on Thursday it had started selling antibody tests for Covid-19 produced by China's SOBC Outdo Biotech, as Italy draws closer to easing the lockdown measures imposed to tackle the coronavirus outbreak.



6 years ago
IATA not satisfied with Middle East efforts to support airlines

IATA not satisfied with Middle East efforts to support airlines

The International Air Transport Association's vice president for the Middle East said on Thursday that the industry body was not satisfied with regional government's efforts to support their airlines.



6 years ago
Daimler's earnings plunge as coronavirus hammers sales

Daimler's earnings plunge as coronavirus hammers sales

German car and truck maker Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the coronavirus pandemic and warned that the cash flow it uses to pay dividends would fall this year.



6 years ago
Dollar slips against commodity currencies as Brent surges

Dollar slips against commodity currencies as Brent surges

The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand.



6 years ago
Renault seeks state-backed loan to build cash buffer

Renault seeks state-backed loan to build cash buffer

Renault is in talks with the French government to secure a state-backed loan worth several billion euros to shore up its liquidity during the coronavirus pandemic, the French carmaker said on Thursday.



6 years ago
Facebook gets rid of 'pseudoscience' ad-targeting category

Facebook gets rid of 'pseudoscience' ad-targeting category

Facebook Inc has removed "pseudoscience" as an option for advertisers who want to target audiences, a category available until this week even as the world's largest social media network vowed to curb misinformation about the COVID-19 pandemic.



6 years ago
Jim Cramer: Stop buying index funds and buy these 'Covid winners'

Jim Cramer: Stop buying index funds and buy these 'Covid winners'

"Stop circling the wagons around index funds here," the "Mad Money" host said.

6 years ago
U.S. coronavirus deaths top 49,000, averaging 2,000 lives lost a day: Reuters tally

U.S. coronavirus deaths top 49,000, averaging 2,000 lives lost a day: Reuters tally

U.S. coronavirus deaths topped 49,000 on Thursday as the number of lives lost in April rises by an average of 2,000 a day, according to a Reuters tally.



6 years ago
Intel sees lower quarterly profit on weaker global chip demand

Intel sees lower quarterly profit on weaker global chip demand

Intel Corp forecast current-quarter profit below analysts' estimates on Thursday as the semiconductor industry deals with slack demand due to massive shutdowns from the coronavirus outbreak, sending the chipmaker's shares down 6% in extended trading.



6 years ago
Wall Street trims gains after report on coronavirus drug trial

Wall Street trims gains after report on coronavirus drug trial

Wall Street was in positive territory on Tuesday but surrendered strong earlier gains after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical trial.



6 years ago
'Payment status not available': For many, IRS stimulus payment website raises more questions than answers

'Payment status not available': For many, IRS stimulus payment website raises more questions than answers

Millions of stimulus payments have been sent or are on their way to Americans. However, many people are still having problems finding out the status of their payments. One IRS web tool, in particular, has caused some confusion.

6 years ago