Latest News on private equities market

Fashion giant Inditex working at reduced capacity despite loosened Spanish lockdown

Fashion giant Inditex working at reduced capacity despite loosened Spanish lockdown

Employees at global fashion giant Inditex's 10 logistics centres in Spain - from where it sends garments to its stores worldwide - returned to work on Monday but only to less than half their normal levels of activity, workers said.



6 years ago
Wall Street tumbles as investors brace for dour earnings

Wall Street tumbles as investors brace for dour earnings

Wall Street's main indexes slipped on Monday as corporate America launches into what is expected to be a painful quarterly earnings season due to the coronavirus pandemic.



6 years ago
Oil prices shrug off output cut as demand worries weigh

Oil prices shrug off output cut as demand worries weigh

Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be sufficient to reduce a glut as the coronavirus pandemic hammers demand.



6 years ago
Factbox: Spread of coronavirus closes North American meat plants

Factbox: Spread of coronavirus closes North American meat plants

Major meat companies in the United States and Canada have closed plants temporarily due to cases of the new coronavirus and concerns about its spread.



6 years ago
Dish cuts jobs, re-evaluates business in coronavirus fallout

Dish cuts jobs, re-evaluates business in coronavirus fallout

Dish Network Corp has cut staff and is re-evaluating its business to cope better with the fallout from the coronavirus pandemic, the U.S. satellite TV provider told Reuters, without disclosing the number of employees laid off.



6 years ago
Wall Street dips as focus shifts to earnings

Wall Street dips as focus shifts to earnings

U.S. stock indexes fell at the open on Monday after a strong rally last week, with investors bracing for an expected slide in quarterly earnings and signs of the long-term damage of the coronavirus outbreak on Corporate America.



6 years ago
Trump says OPEC+ looking to cut 20 million bpd, not 10 million

Trump says OPEC+ looking to cut 20 million bpd, not 10 million

U.S. President Donald Trump said on Monday the OPEC+ group of oil producers is looking to cut output by 20 million barrels per day, double the 10 million barrels agreed to a day earlier.



6 years ago
Dish Network cuts jobs, re-evaluates business in coronavirus fallout

Dish Network cuts jobs, re-evaluates business in coronavirus fallout

Dish Network Corp has cut staff and is re-evaluating its business to cope better with the fallout from the coronavirus pandemic, the U.S. satellite TV provider told Reuters, without disclosing the number of employees laid off.



6 years ago
Grant:  Fast Funding for COVID-19 Science

Grant: Fast Funding for COVID-19 Science

Fast Grants | Apr 7, 2020 Science funding mechanisms are too slow in normal times and may be much too slow during the COVID-19 pandemic. Fast Grants are an effort to correct this. If you are a scientist at an academic institution currently working on a COVID-19 related project and in need of funding, we

6 years ago
Ford expects loss of $600 million for first quarter

Ford expects loss of $600 million for first quarter

Ford Motor Co said on Monday it expects first-quarter adjusted loss before interest and taxes to be about $600 million, compared with a profit of $2.4 billion a year earlier.



6 years ago
McDonald's faces class action over 'pervasive sexual harassment'

McDonald's faces class action over 'pervasive sexual harassment'

McDonald's Corp has been hit with a class action lawsuit accusing it of subjecting female employees in its corporate-owned fast-food restaurants in Florida to widespread sexual harassment.



6 years ago
Athene pays $45 million fine in first settlement of New York pension transfer probe

Athene pays $45 million fine in first settlement of New York pension transfer probe

Athene Holding Ltd agreed on Monday to pay a $45 million civil fine to settle charges it conducted insurance business in New York without a license, the first settlement in a probe into an industry where life insurers take over corporate pension plans.



6 years ago
Amazon stops accepting new online grocery customers amid surging demand

Amazon stops accepting new online grocery customers amid surging demand

Amazon will begin to put new grocery delivery customers on a wait list and curtail shopping hours at some Whole Foods stores to prioritize orders from existing customers buying food online during the coronavirus outbreak, the company said on Sunday.



6 years ago
Volkswagen to aid U.S. dealers supporting coronavirus relief efforts

Volkswagen to aid U.S. dealers supporting coronavirus relief efforts

Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pickup and deliver essential supplies in areas affected by the COVID-19 pandemic.



6 years ago
What do the next ten years hold?

What do the next ten years hold?

Expoential View | Azeem Azhar | Jan 2020 I’m Azeem Azhar. I’m exploring how our societies and political economy will change under the force of rapidly accelerating technologies and other trends. I convene Exponential View to help us explore these topics. Making predictions is complicated once we understand that the system we are trying to predict is

6 years ago