Latest News on private equities market

China's auto industry wastes no time coaxing drivers back to showrooms after lockdown

China's auto industry wastes no time coaxing drivers back to showrooms after lockdown

China's auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo back lockdown-weary consumers through campaigns as unusual as a makeup-promoting personality touting car leasing.



6 years ago
Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo

Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo

Toyota Motor Corp has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back of the coronavirus pandemic, Kyodo News reported on Friday.



6 years ago
Mini-bull, tired bear, or something in-between

Mini-bull, tired bear, or something in-between

Investors could be forgiven for doing a double-take: Wait, we're back in a bull market?



6 years ago
Tesla to slash on-site staff at Nevada factory by 75% due to virus: county manager

Tesla to slash on-site staff at Nevada factory by 75% due to virus: county manager

U.S. electric carmaker Tesla Inc plans to slash on-site staff at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local county manager said on Thursday.



6 years ago
Singapore Airlines latest to get massive rescue amid coronavirus crisis

Singapore Airlines latest to get massive rescue amid coronavirus crisis

Singapore Airlines Ltd said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.



6 years ago
Olympics delay deals setback to Samsung's plans to win over Japan market

Olympics delay deals setback to Samsung's plans to win over Japan market

For Samsung Electronics Co Ltd , the 2020 Tokyo Olympics were going to be its springboard to attain a long-held goal - making significant inroads into Japan's lucrative smartphone market where Apple Inc dominates.



6 years ago
Oil gains as governments pledge support amid coronavirus chaos

Oil gains as governments pledge support amid coronavirus chaos

Oil prices rose on Friday as governments around the world pledged a huge injection of funds and other measures to limit the economic fallout from the coronavirus pandemic, despite fears the outbreak will destroy demand for oil.



6 years ago
Congress passes plan to send taxpayers $1,200 checks in coronavirus aid. How to get yours

Congress passes plan to send taxpayers $1,200 checks in coronavirus aid. How to get yours

U.S. lawmakers finalized a sweeping new $2 trillion stimulus bill that includes checks for individual Americans. Here's how much you may expect to receive to help offset the coronvirus's pinch on your wallet.

6 years ago
People on Social Security are eligible for the one-time stimulus payment

People on Social Security are eligible for the one-time stimulus payment

Good news for individuals who receive monthly checks from Social Security: You are eligible for the one-time stimulus checks. But the government is still working out details on exactly how those funds will be disbursed.

6 years ago
Asian stocks scratch gains but lose steam on U.S. job jitters

Asian stocks scratch gains but lose steam on U.S. job jitters

Asian stocks eked out gains on Thursday, but the week's rally lost steam as investors seemed torn between relief at the agreement of a huge U.S. stimulus package and dread over a likely spike in jobless claims and coronavirus cases.



6 years ago
What you need to know about unemployment benefits in the coronavirus relief bill

What you need to know about unemployment benefits in the coronavirus relief bill

The $2 trillion coronavirus relief package passed by the Senate contains a big boost in unemployment benefits for Americans. Here's what you need to know.

6 years ago
Mitsubishi Corp could take 10% stake in Renault in alliance rejig: report

Mitsubishi Corp could take 10% stake in Renault in alliance rejig: report

Japanese conglomerate Mitsubishi Corp could potentially take a 10% stake in French carmaker Renault as part of scenarios being discussed to reinforce an alliance between Renault, Nissan and Mitsubishi Motors, Les Echos newspaper reported on Thursday.



6 years ago
Mnuchin: Americans to get aid within three weeks amid coronavirus

Mnuchin: Americans to get aid within three weeks amid coronavirus

Americans should receive direct deposits for financial aid within three weeks as soon as the coronavirus economic relief bill is signed into law, the U.S. Treasury Secretary said, adding that the record jobless claims announced on Thursday "are not relevant."



6 years ago
U.S. airlines to dash for cash grants, not loans, even with potential government stake

U.S. airlines to dash for cash grants, not loans, even with potential government stake

U.S. airlines are preparing to tap the government for up to $25 billion in grants to cover payroll in a sharp travel downturn triggered by the coronavirus, even after the government warned it may take stakes in exchange for bailout funds, people familiar with the matter said.



6 years ago
Hedge fund manager to lead Norway sovereign fund after $124 billion loss

Hedge fund manager to lead Norway sovereign fund after $124 billion loss

Norway's sovereign wealth fund, the world's largest, named a London-based hedge fund manager as its new chief executive on Thursday and said it had lost $124 billion this year as stock markets tanked due to the coronavirus pandemic.



6 years ago