Latest News on private equities market

Dollar perched at one-week highs before U.S. jobless data

Dollar perched at one-week highs before U.S. jobless data

The dollar consolidated its gains against other currencies on Thursday before the release of weekly U.S. jobless data likely to provide more evidence of the world's biggest economy hurtling into a deep recession.



6 years ago
If you use a big commercial tax preparer, your stimulus check could be delayed

If you use a big commercial tax preparer, your stimulus check could be delayed

Millions of Americans may have had their coronavirus stimulus payments held up by glitches if they were customers of tax preparation services, according to one new report. Here's why those payments could have been delayed, and what one major tax preparation service is saying about the issue.

6 years ago
Google's fast-growing Meet video tool getting Zoom-like layout, Gmail link

Google's fast-growing Meet video tool getting Zoom-like layout, Gmail link

Google will allow business and education users on Gmail.com to directly take calls on its video conferencing tool Meet starting Thursday, a new feature being offered as the Alphabet Inc unit seeks to capitalize on security and other concerns with rival services.



6 years ago
Takeway can integrate Just Eat, British watchdog says

Takeway can integrate Just Eat, British watchdog says

Britain's Competition and Markets Authority (CMA) has decided Dutch online food ordering company Takeaway.com can proceed with its integration of Just Eat, the company said on Thursday, although an investigation into the combination continues.



6 years ago
Fed says backstop for small business loans fully operational

Fed says backstop for small business loans fully operational

The Federal Reserve's program to back emergency government loans to small businesses is "fully operational," the U.S. central bank said on Thursday, a boost to banks as they await a possible expansion to the total amount of funds they will be allowed to disburse to help companies through the coronavirus crisis.



6 years ago
Wall Street set for higher open on lockdown easing hopes, jobless claims

Wall Street set for higher open on lockdown easing hopes, jobless claims

Wall Street was set to open higher on Thursday as weekly jobless claims fell slightly from the previous week and on hopes President Donald Trump would push to ease strict stay-at-home restrictions.



6 years ago
Abbott beats profit estimates but suspends forecast on coronavirus concerns

Abbott beats profit estimates but suspends forecast on coronavirus concerns

Abbott Laboratories beat quarterly profit estimates on Thursday as stay-at-home orders prompted customers to stockpile its nutrition products but the company suspended its full-year forecast due to the coronavirus-led uncertainty.



6 years ago
7 strategies to avoid having anxiety and stress ruin your investment portfolio

7 strategies to avoid having anxiety and stress ruin your investment portfolio

The coronavirus pandemic is hitting the markets and the economy, as well as disrupting your daily life. Here are steps you can take to ensure the resulting emotions don't lead you into making a big mistake with your investments.

6 years ago
Ferrari producing valves to convert underwater masks for Covid-19 treatment

Ferrari producing valves to convert underwater masks for Covid-19 treatment

Luxury carmaker Ferrari is producing specialist valves at its Maranello factory to convert snorkel masks into respirators used to treat coronavirus patients, Chairman John Elkann said on Thursday.



6 years ago
US banks have an opportunity to be 'heroes' in the coronavirus crisis, fund manager says

US banks have an opportunity to be 'heroes' in the coronavirus crisis, fund manager says

U.S. banks have a huge opportunity to emerge from the coronavirus as "heroes" and "good guys," a fund manager told CNBC on Wednesday.

6 years ago
BlackRock's assets under management shrink amid market turmoil

BlackRock's assets under management shrink amid market turmoil

BlackRock Inc's assets under management dipped sharply in the first quarter amid turmoil in global markets caused by concerns about the economic fallout of the coronavirus outbreak.



6 years ago
U.S. weekly jobless claims highlight economic carnage from coronavirus

U.S. weekly jobless claims highlight economic carnage from coronavirus

A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, underscoring the deepening economic slump caused by the novel coronavirus outbreak.



6 years ago
Coronavirus hurts corporate activism as M&A, buybacks decline

Coronavirus hurts corporate activism as M&A, buybacks decline

Activist shareholders are likely to scale back campaigns in coming weeks as target companies brace for a deep recession and their favorite calls for change - ranging from mergers to returning cash - are ignored during the coronavirus outbreak.



6 years ago
Air traffic in Latin America falls 91% due to the coronavirus outbreak

Air traffic in Latin America falls 91% due to the coronavirus outbreak

Air traffic in Latin America in April has fallen 91% compared to a year earlier due to the coronavirus outbreak that fully grounded two of the region's largest airlines and canceled almost all other flights, industry group ALTA said on Thursday.



6 years ago
Huawei chip unit orders up more domestic production as U.S. restrictions loom: sources

Huawei chip unit orders up more domestic production as U.S. restrictions loom: sources

Huawei Technologies Co Ltd is gradually shifting production of chips designed in-house away from Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and towards a mainland Chinese firm in preparation for more U.S. restrictions, sources familiar with the matter said.



6 years ago