Latest News on private equities market

Hedge fund manager: I'm buying stocks because investors are misinterpreting coronavirus hysteria

Hedge fund manager: I'm buying stocks because investors are misinterpreting coronavirus hysteria

Hedge fund manager Ricky Sandler said dire headlines about the coronavirus are "helping to contain the problem."

6 years ago
Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

CNBC | Steve Liesman | March 15, 2020 Key Points In an emergency move Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing. The QE program will entail $700 billion worth of asset purchases entailing Treasurys and mortgage-backed securities. Markets responded negatively,

6 years ago
Brazil's Azul cuts international flights; carriers expect government aid

Brazil's Azul cuts international flights; carriers expect government aid

Brazilian airline Azul said on Monday it will cut all international flights out of its main hub in Sao Paulo state, while the country's government is likely to roll out a relief package as the sector struggles with the coronavirus pandemic.



6 years ago
These financial moves can help you prepare for a recession

These financial moves can help you prepare for a recession

A prolonged slowdown could be on the horizon as the coronavirus grinds the economy to a halt. By making these moves, you can get yourself in better financial shape to weather the storm.

6 years ago
Exclusive: UK supermarkets may cut services to stay open as coronavirus spreads - sources

Exclusive: UK supermarkets may cut services to stay open as coronavirus spreads - sources

Britain's major supermarkets are working on plans to streamline their operations by cutting cafes, counters and other services to enable a depleted workforce to maintain basic provisions during the coronavirus outbreak, industry sources told Reuters.



6 years ago
China's airlines to cut international flights due to coronavirus: Global Times

China's airlines to cut international flights due to coronavirus: Global Times

Chinese airlines including Air China, China Southern Airlines and China Eastern Airlines are planning to reduce international flights in response to the coronavirus pandemic, the Global Times reported on Monday, citing unidentified sources.



6 years ago
Starbucks shifts to 'to go' format in U.S., Canada as virus spreads

Starbucks shifts to 'to go' format in U.S., Canada as virus spreads

Starbucks Corp has closed its dine-in areas and switched to a "to go" format for at least two weeks to help control the rapid spread of the coronavirus outbreak in the United States and Canada.



6 years ago
Nordstrom shuts stores, pulls 2020 outlook due to coronavirus

Nordstrom shuts stores, pulls 2020 outlook due to coronavirus

Nordstrom Inc said on Monday it would temporarily shut its stores in the United States and Canada and pull its fiscal 2020 forecast, as the upscale retailer joins its peers in an effort to limit the spread of the coronavirus.



6 years ago
Airlines count mounting costs of the coronavirus shock

Airlines count mounting costs of the coronavirus shock

Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak. Several have scrapped flights and ditched financial forecasts.



6 years ago
Big UK airlines ground most of their fleets to survive coronavirus

Big UK airlines ground most of their fleets to survive coronavirus

Britain's big airlines said on Monday they would have to ground most of their fleets to survive the coronavirus crisis, with easyJet and Virgin - though not British Airways - appealing for government bailouts to save the industry from collapse.



6 years ago
Norwegian Air to cancel 85% of flights and lay off 90% of staff

Norwegian Air to cancel 85% of flights and lay off 90% of staff

Norwegian Air will cancel 85% of its flights and temporarily lay off 7,300 employees as a result of the growing coronavirus crisis that has strangled demand for air travel, the carrier said on Monday.



6 years ago
Azul cuts international flights, LATAM Airlines could take 'additional measures'

Azul cuts international flights, LATAM Airlines could take 'additional measures'

Brazilian airline Azul said on Monday that it will cut all of its international flights out of its main hub in Sao Paulo state later on Monday because of the coronavirus outbreak, significantly increasing its cancellations.



6 years ago
Factbox: Oil products markets in turmoil as coronavirus infects demand

Factbox: Oil products markets in turmoil as coronavirus infects demand

The oil products markets globally are caught between a rock and a hard place as the impact of ultra cheap oil, which should be a boon for refiners, is mitigated by record low prices for gasoline and jet fuel.



6 years ago
Why millions of small businesses may struggle to tap the billions in emergency SBA loans

Why millions of small businesses may struggle to tap the billions in emergency SBA loans

There are millions of small and mid-sized businesses in the U.S. with 500 employees or less. If the SBA has $50 billion and makes $1 million emergency loans, it could help 50,000 firms.

6 years ago
Crude oil falls below $30 as coronavirus spreads

Crude oil falls below $30 as coronavirus spreads

Brent and U.S. crude fell below $30 on Monday as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame markets and China's factory output plunged at the sharpest pace in 30 years amid the spread of coronavirus.



6 years ago