Latest News on private equities market

Tobacco giant BAT slides on report of U.S. criminal investigation

Tobacco giant BAT slides on report of U.S. criminal investigation

British American Tobacco (BAT) is the subject of a U.S. criminal investigation over suspected sanctions-busting, The Times reported https://bit.ly/2ydR5Wm on Tuesday, sending the company's shares down more than 5%.



6 years ago
Julius Baer to postpone AGM, propose split dividend

Julius Baer to postpone AGM, propose split dividend

Swiss wealth manager Julius Baer will propose splitting its 2019 dividend payment into two halves following a regulatory request, it said on Tuesday, postponing by a month its annual general meeting in order to meet notification requirements.



6 years ago
Turkish Airlines extends flight cancellations until May 20

Turkish Airlines extends flight cancellations until May 20

Turkish Airlines has extended the cancellation of international flights to May 20 from May 1 over the coronavirus outbreak, the airline said on Tuesday, adding that domestic flights would remain suspended until April 20.



6 years ago
7 ways small businesses can avoid bankruptcy amid the coronavirus outbreak

7 ways small businesses can avoid bankruptcy amid the coronavirus outbreak

Most small businesses have shut down due to the coronavirus crisis. Here are seven ways to avoid bankruptcy during these hard times, according to experts.

6 years ago
Investors stick to cash amid recession worries: BofA survey

Investors stick to cash amid recession worries: BofA survey

Investors have been hoarding cash at a rate not seen since the immediate aftermath of the attack on the World Trade Center in Sept 2001, BofA's April fund manager survey showed, as the coronavirus roiled global financial markets.



6 years ago
Oil rises on forecast U.S. output drop as coronavirus ravages demand

Oil rises on forecast U.S. output drop as coronavirus ravages demand

Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers.



6 years ago
Wizz Air not considering plane deferrals, sees growth returning in 2022: CEO

Wizz Air not considering plane deferrals, sees growth returning in 2022: CEO

European low cost airline Wizz Air is not looking to defer any of the Airbus narrowbody planes it has on order even though it does not expect the market to grow again until 2022, its chief executive said.



6 years ago
Exponential Launches $100MM Digital Asset Fund on DealSquare  Leaning Into The Post-COVID-19 Future

Exponential Launches $100MM Digital Asset Fund on DealSquare Leaning Into The Post-COVID-19 Future

Exponential Group | Sunny Durante | Apr 8, 2020 Toronto, April 8, 2020 Despite current market conditions, it is business as usual for a new digital fund. Exponential, a global financial services company focused on digital asset investing, fundraising and trading, has made its new, actively managed Digital Asset Fund available on investment crowdfunding platform

6 years ago
Amazon fires two employees critical of warehouse working conditions

Amazon fires two employees critical of warehouse working conditions

Amazon.com Inc said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant's warehouses in the wake of the coronavirus pandemic, for "repeatedly violating internal policies".



6 years ago
Here's how Americans plan to spend their coronavirus relief checks

Here's how Americans plan to spend their coronavirus relief checks

As federal coronavirus stimulus checks start to arrive in Americans' bank accounts, two surveys found that paying for basic necessities, from rent to groceries, top spending lists.

6 years ago
British clothing retailer Next reopens online business

British clothing retailer Next reopens online business

British clothing retailer Next will reopen its online business having implemented additional safety measures to cope with the coronavirus emergency, it said on Tuesday.



6 years ago
Asia shares hit one-month high on Chinese trade data, easing pandemic worries

Asia shares hit one-month high on Chinese trade data, easing pandemic worries

Asian equities extended gains on Tuesday after China's trade data came in better than expected and as some nations tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.



6 years ago
Pandemic survival plans: U.S. businesses scramble to conserve cash, boost liquidity

Pandemic survival plans: U.S. businesses scramble to conserve cash, boost liquidity

Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures to offset declining revenues and protect the unit's cash balance during the economic slump related to the outbreak.



6 years ago
Spain seizes virus tests bound for returning Siemens Gamesa workers: union

Spain seizes virus tests bound for returning Siemens Gamesa workers: union

Spanish authorities have requisitioned 2,000 antibody tests procured by wind turbine maker Siemens Gamesa and intended to check whether employees have been infected with the coronavirus, a labour union spokeswoman said on Tuesday.



6 years ago
Stocks rise on China trade data, easing pandemic fears

Stocks rise on China trade data, easing pandemic fears

World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.



6 years ago