Latest News on private equities market

Coronavirus halts Lufthansa's sale of international catering operations: sources

Coronavirus halts Lufthansa's sale of international catering operations: sources

German carrier Lufthansa has been forced by the coronavirus epidemic to halt the sale of the international operations of its airline caterer LSG, two people close to the matter said.



6 years ago
Exclusive: Sinclair Oil weighs offers for company sale: sources

Exclusive: Sinclair Oil weighs offers for company sale: sources

Sinclair Oil Corp, which operates two Wyoming refineries and has licensed more than 1,000 branded gasoline stations, is reviewing offers to buy the company, according to three people familiar with the matter.



6 years ago
Airline crisis worsens as U.S. puts Europeans in coronavirus quarantine

Airline crisis worsens as U.S. puts Europeans in coronavirus quarantine

Airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of continental Europe deepened the sector's misery and piled more pressure on governments to offer emergency support.



6 years ago
World stocks plunge into bear market after U.S. travel restrictions, ECB moves

World stocks plunge into bear market after U.S. travel restrictions, ECB moves

Global stocks plunged into a bear market and oil slumped further on Thursday after stimulus efforts from the European Central Bank failed to calm investors alarmed by U.S. moves overnight to restrict travel from Europe over the spread of the coronavirus.



6 years ago
Volkswagen hopes new software will banish accidents by 2050

Volkswagen hopes new software will banish accidents by 2050

Volkswagen will launch a new software operating system this year that it hopes will make accidents involving its cars a thing of the past by 2050, the company said on Thursday.



6 years ago
JPMorgan to ask New York staff to work from home to stem virus spread: Bloomberg News

JPMorgan to ask New York staff to work from home to stem virus spread: Bloomberg News

JPMorgan Chase & Co is planning to ask New York-area employees to work from home to stem the spread of the coronavirus, Bloomberg news reported https://www.bloomberg.com/news/articles/2020-03-12/jpmorgan-tells-new-york-employees-to-work-from-home-due-to-virus on Thursday.



6 years ago
Airline SAS sees double-digit percentage fall in bookings

Airline SAS sees double-digit percentage fall in bookings

Airline SAS has seen a double-digit percentage fall in bookings due to the coronavirus outbreak, its chief executive told Danish daily Berlingske in an interview on Thursday.



6 years ago
U.S. weekly jobless claims fall; producer prices weak

U.S. weekly jobless claims fall; producer prices weak

The number of Americans filing for unemployment benefit unexpectedly fell last week, but could rise in the coming weeks as the coronavirus pandemic causes companies to layoff workers amid supply chain disruptions and waning demand for some goods and services.



6 years ago
Daymond John: How to make the best of being stuck at home due to coronavirus closures

Daymond John: How to make the best of being stuck at home due to coronavirus closures

From quarantines to remote work, coronavirus precautions are being taken across the country. "Shark Tank" investor Daymond John offers his advice.

6 years ago
GameStop investors seek board seat after expiry of standstill pact

GameStop investors seek board seat after expiry of standstill pact

A group of investors in GameStop Corp on Thursday asked the video game retailer to appoint a shareholder nominee on its board, after a year-long standstill agreement with the company to not express concerns publicly expired recently.



6 years ago
Oil falls 6% after Trump surprises with travel ban

Oil falls 6% after Trump surprises with travel ban

Oil prices fell more than 6% on Thursday after U.S. President Donald Trump unexpectedly announced restrictions on travel from Europe in an attempt to halt the spread of coronavirus after the World Health Organization described the outbreak as a pandemic.



6 years ago
Sports and finance have a lot in common, says Olympian Lauryn Williams

Sports and finance have a lot in common, says Olympian Lauryn Williams

Lauryn Williams applies some of the same characteristics that made her a successful Olympian to her financial practice. Persevere, be disciplined, keep showing up.

6 years ago
JPMorgan Chase orders up to half NY metro employees to work from home

JPMorgan Chase orders up to half NY metro employees to work from home

The move is likely to be followed widely be other large New York-area employers. JPMorgan said it was following the request of Gov. Andrew Cuomo.

6 years ago
Wall Street enters bear market as Europe travel ban stuns investors

Wall Street enters bear market as Europe travel ban stuns investors

The S&P 500 and the Nasdaq cratered into a bear market on Thursday as a shock move by President Donald Trump to suspend travel from Europe rattled investors already shaken by fears of a global recession on the back of a coronavirus pandemic.



6 years ago
U.S. airlines capping fares from Europe to U.S. amid coronavirus restrictions

U.S. airlines capping fares from Europe to U.S. amid coronavirus restrictions

American Airlines Inc and Delta Air Lines Inc both said Thursday they will cap air fares on flights from Europe to the United States that are impacted by new travel restrictions as Americans flock to European airports trying to return home.



6 years ago