Latest News on private equities market

U.S. airlines urgently need $50 billion in grants, loans - letter

U.S. airlines urgently need $50 billion in grants, loans - letter

A group representing major U.S. airlines said the industry needs $50 billion in grants and loans to survive the dramatic falloff in travel demand from the coronavirus outbreak.



6 years ago
Ryanair slashes flights, says could ground entire fleet

Ryanair slashes flights, says could ground entire fleet

Ryanair will ground most of its aircraft over the next seven to 10 days as Europe's biggest low-cost airline braces for an up to 80% cut in capacity over the next two months and could even ground its entire fleet due to coronavirus travel restrictions.



6 years ago
Wall Street dives, S&P 500 sheds $2 trillion in value

Wall Street dives, S&P 500 sheds $2 trillion in value

S&P 500 companies lost more than $2 trillion in value in the first few minutes of trading on Monday as investors panicked about the mounting damage from the coronavirus pandemic on the global economy.



6 years ago
U.S. markets should stay open despite turmoil, says top securities regulator

U.S. markets should stay open despite turmoil, says top securities regulator

U.S. markets should stay open despite intense volatility, the head of the U.S. securities regulator said on Monday, quashing industry speculation that the government might shut down the country's exchanges to stop a plunge in stock prices.



6 years ago
Near-zero U.S. rates may not sink the dollar

Near-zero U.S. rates may not sink the dollar

When the U.S. Federal Reserve cut interest rates to near zero on Sunday, the dollar fell, since the move blew away the yield on owning dollars and with it much of their attraction.



6 years ago
Canadian securities regulators provide update on COVID-19 and potential filing delays by reporting issuers

Canadian securities regulators provide update on COVID-19 and potential filing delays by reporting issuers

CSA | Release | March 16, 2020 Montreal – The Canadian Securities Administrators (CSA) encourages reporting issuers to contact their principal regulator to discuss any potential effect of the current COVID-19 outbreak on their ability to comply with their obligations under securities legislation, including filing deadlines or delivery of meeting materials. Issuers that foresee not

6 years ago
Based on history, the stock market is pricing in a recession and maybe something more 'onerous'

Based on history, the stock market is pricing in a recession and maybe something more 'onerous'

With some investors hopeful that the bear market will be short-lived, the S&P 500 decline may still have room to fall, RBC told clients.

6 years ago
Boeing stock wipes out gains made during ousted CEO Muilenburg's tenure

Boeing stock wipes out gains made during ousted CEO Muilenburg's tenure

Boeing Co's shares plunged another 20% on Monday, erasing all gains recorded during ousted CEO Dennis Muilenburg's tenure, as the mounting economic fallout of the coronavirus pandemic added to uncertainty around the 737 MAX's return to service.



6 years ago
Virgin Atlantic to ground up to 85% of fleet in coronavirus crisis

Virgin Atlantic to ground up to 85% of fleet in coronavirus crisis

Virgin Atlantic, the UK-based airline, said it would ground 75% of its fleet by 26 March and by up to 85% at points in April, as it canceled more flights due to coronavirus.



6 years ago
Italian government to take control of Alitalia: draft decree

Italian government to take control of Alitalia: draft decree

The Italian government plans to take control of Alitalia, a draft decree seen by Reuters showed on Monday, as the loss-making carrier risks going belly up due to the impact of the coronavirus outbreak.



6 years ago
Carmakers curb European production as coronavirus hits

Carmakers curb European production as coronavirus hits

Carmakers including Fiat Chrysler , VW and its premium unit Audi throttled back production at their European plants on Monday as fears over the coronavirus took their toll on producing goods.



6 years ago
S&P 500 tumbles as trading on Wall Street resumes

S&P 500 tumbles as trading on Wall Street resumes

The S&P 500 index plunged over 9% on Monday as trading resumed after an initial automatic 15-minute cutout, driven by mounting fears of the damage the coronavirus is doing to the global economy.



6 years ago
Millions of Americans could lose their jobs in a coronavirus recession. Many won't get severance pay

Millions of Americans could lose their jobs in a coronavirus recession. Many won't get severance pay

Millions of Americans may lose their jobs if the coronavirus pulls the U.S. into a recession, which could mean financial trouble for those who don't get severance pay.

6 years ago
Trading on Wall Street halted as S&P 500 tumbles 8%

Trading on Wall Street halted as S&P 500 tumbles 8%

The S&P 500 tumbled 8% at opening on Monday, triggering an automatic 15-minute halt of Wall Street's three main indexes for the third time in six days, as traders reacted to drastic weekend measures from the Federal Reserve to stave off a global recession.



6 years ago
French carmaker PSA closes European factories due to virus spread

French carmaker PSA closes European factories due to virus spread

French carmaker PSA said on Monday the company will close its European factories until March 27 due to the coronavirus outbreak spread.



6 years ago