Latest News on private equities market

Mexico without Corona: Brewers suspend production during pandemic

Mexico without Corona: Brewers suspend production during pandemic

Mexicans fretted about beer supplies on Friday after Dutch brewer Heineken said it will suspend production at its seven plants in Mexico to comply with coronavirus containment measures, following a similar announcement by rival Modelo.



6 years ago
Factbox: Google location data shows slump in trips to malls, offices

Factbox: Google location data shows slump in trips to malls, offices

Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein in the spread of COVID-19.



6 years ago
Applications OPEN:  UNCDF Announces Gig Economy Challenge – Driving Financial Health for Gig Workers

Applications OPEN: UNCDF Announces Gig Economy Challenge – Driving Financial Health for Gig Workers

UNCDF | Jia Wei Khor | April 2, 2020 APEC Malaysia, Bank Negara Malaysia (BNM), Malaysia Digital Economy Corporation (MDEC) and United Nations Capital Development Fund (UNCDF) launched the Gig Economy Challenge. The challenge is funded by MetLife Foundation through the i3 (Innovate, Implement and Impact) program. In light of COVID-19, gig workers are likely

6 years ago
Trump aims to ease U.S. oil industry's cash crunch, no plan to trim output: sources

Trump aims to ease U.S. oil industry's cash crunch, no plan to trim output: sources

U.S. President Donald Trump has directed his cabinet to find ways to ease a cash crunch in the drilling industry after oil company executives told him in a Friday meeting it was among their top concerns, according to three sources briefed on the matter.



6 years ago
U.S. SEC official urges delay in public comment on agency rule changes

U.S. SEC official urges delay in public comment on agency rule changes

The U.S. Securities and Exchange Commission's lone Democratic commissioner on Friday called for a delay in pending rule changes due to the coronavirus outbreak, while cautioning against excessive regulatory relief in the rush to assist companies struggling with fallout from the pandemic.



6 years ago
Southwest expects talks on U.S. payroll grant terms over next several days

Southwest expects talks on U.S. payroll grant terms over next several days

Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations on the terms of any agreement.



6 years ago
Kraft Heinz cuts output at three plants, adds shifts for mac & cheese

Kraft Heinz cuts output at three plants, adds shifts for mac & cheese

Kraft Heinz Co said on Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the new coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods like macaroni and cheese.



6 years ago
Soaring unemployment increases odds U.S. banks will cut dividends

Soaring unemployment increases odds U.S. banks will cut dividends

Questions are building about whether big U.S. banks will have to cut dividends later this year as the coronavirus crisis puts a record portion of Americans out of work, making it difficult for borrowers to pay back loans.



6 years ago
Ford says Europe manufacturing ops to remain suspended at least until May 4

Ford says Europe manufacturing ops to remain suspended at least until May 4

Ford Motor Co on Friday extended the temporary suspension of vehicle and engine production at most of its European manufacturing sites to May 4.



6 years ago
Business booms for coffin-makers in coronavirus-hit France

Business booms for coffin-makers in coronavirus-hit France

Two hauliers load their lorries with what is fast becoming a precious commodity in France as the coronavirus pandemic takes its dreadful toll - coffins.



6 years ago
JPMorgan reaches agreement to increase stake in China mutual fund venture to 100%

JPMorgan reaches agreement to increase stake in China mutual fund venture to 100%

JPMorgan said on Friday it has reached agreement with its Chinese partner to increase its stake in its Chinese mutual fund venture to 100%.



6 years ago
Occidental names new CFO in latest management change

Occidental names new CFO in latest management change

Oil and gas producer Occidental Petroleum Corp on Friday named company insider Robert Peterson as its new chief financial officer.



6 years ago
Exclusive: Amazon to delay Prime Day event due to coronavirus, outlines cloud risks

Exclusive: Amazon to delay Prime Day event due to coronavirus, outlines cloud risks

Amazon.com Inc is postponing its major summer shopping event, Prime Day, until at least August and expects a potential $100 million hit from excess devices it might now sell at a discount, according to internal meeting notes seen by Reuters.



6 years ago
Explainer: Antitrust law won't get in the way of U.S. acting to raise oil prices

Explainer: Antitrust law won't get in the way of U.S. acting to raise oil prices

It is illegal for oil producers to meet to discuss pushing up oil prices under U.S. antitrust law, but perfectly legal if state regulators or the federal government set lower production levels for them, U.S. antitrust experts said on Friday.



6 years ago
Film producer Jeffrey Katzenberg: Movie industry 'ready to embrace' at-home viewing and theaters

Film producer Jeffrey Katzenberg: Movie industry 'ready to embrace' at-home viewing and theaters

"I don't think these things are mutually exclusive," the co-founder of DreamWorks Animation told CNBC.

6 years ago