Latest News on private equities market

Advertisers shun coronavirus coverage, hastening news media battle for survival

Advertisers shun coronavirus coverage, hastening news media battle for survival

From Rupert Murdoch's News UK to McClatchy's chain of local newspapers across the United States, news publishers are attracting record numbers of readers as people in lockdown seek information about the coronavirus pandemic.



6 years ago
Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei

Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei

Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei business daily reported on Thursday.



6 years ago
Global stock markets jump on Fed stimulus, oil pulls back from earlier surge

Global stock markets jump on Fed stimulus, oil pulls back from earlier surge

Global equity benchmarks moved higher on Thursday following signs of some success by governments and central banks which have taken additional steps to bolster their economies during the COVID-19 pandemic, while oil prices pulled back from an earlier surge.



6 years ago
Swiss financial watchdog welcomes UBS' and Credit Suisse's dividend decisions

Swiss financial watchdog welcomes UBS' and Credit Suisse's dividend decisions

Swiss financial watchdog Finma said on Thursday it welcomed a decision by UBS and Credit Suisse to pay out half of their dividends for 2019 in the fourth quarter of 2020 despite their strong capital decisions.



6 years ago
UBS and Credit Suisse to partially postpone dividend payout

UBS and Credit Suisse to partially postpone dividend payout

Switzerland's two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after financial markets watchdog FINMA had criticised their decision to maintain a full payout during the coronavirus crisis.



6 years ago
Facebook must face renewed privacy lawsuit over user tracking

Facebook must face renewed privacy lawsuit over user tracking

A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc of violating users' privacy rights by tracking their internet activity even after they logged out of the social media website.



6 years ago
Op-Ed: SBA chief pledges 'every available resource' to aid small businesses

Op-Ed: SBA chief pledges 'every available resource' to aid small businesses

All small businesses are eligible, including non-profits, self-employed individuals, sole proprietorships, and independent contractors, writes SBA Administrator Jovita Carranza.

6 years ago
Air France KLM says it needs government support to continue operations

Air France KLM says it needs government support to continue operations

Air France KLM said that despite cost-cutting measures to stave off the impact of the coronavirus crisis, it expects it will be short of cash in the third quarter, but said it was confident that the French and Dutch governments would support the group.



6 years ago
Citigroup starts accepting paycheck protection program application

Citigroup starts accepting paycheck protection program application

Citigroup Inc said on Thursday, that it has started accepting applications for the $349 billion small business bailout fund.



6 years ago
Fed, BoE push deeper into uncharted territory in face of coronavirus slump

Fed, BoE push deeper into uncharted territory in face of coronavirus slump

The U.S. Federal Reserve and the Bank of England ramped up their emergency responses to the world's escalating coronavirus recession on Thursday as they pushed deeper into territory once considered fraught with risk for central bankers.



6 years ago
Mnuchin says U.S. economy could open in May, defying experts

Mnuchin says U.S. economy could open in May, defying experts

U.S. Treasury Secretary Steven Mnuchin said on Thursday that the American economy could start to reopen for business in May, despite experts' emphasis on prolonged social distancing measures to defeat the coronavirus.



6 years ago
Wall Street rises on latest Fed rescue program

Wall Street rises on latest Fed rescue program

Wall Street rose for the third time in four days on Thursday as the U.S. Federal Reserve unleashed its latest program designed to buttress local governments and businesses crushed by moves to slow the coronavirus outbreak.



6 years ago
Crude futures climb ahead of OPEC+ meeting

Crude futures climb ahead of OPEC+ meeting

Crude futures rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with the coronavirus-driven collapse in global oil demand.



6 years ago
Asian shares turn mixed, oil rebounds in choppy trade

Asian shares turn mixed, oil rebounds in choppy trade

Asian stocks were mixed on Wednesday after two sessions of sharp gains as investors tempered their optimism about the coronavirus while death tolls were still mounting across the globe.



6 years ago
Pulp friction: Border jams delay supply of toilet paper's only ingredient

Pulp friction: Border jams delay supply of toilet paper's only ingredient

As several European borders limit travel to stop the spread of COVID-19, two of the world's biggest pulp makers say transportation logjams are delaying shipments of the raw material - the only ingredient in the toilet paper that people are hoarding to weather quarantines.



6 years ago