Latest News on private equities market

Airline SAS cancels 8% of scheduled March flights: NRK

Airline SAS cancels 8% of scheduled March flights: NRK

Scandinavian airline SAS has canceled 2,000 of the flights it had scheduled for March, equating to 8% of the total, the company told Norwegian broadcaster NRK on Monday.



6 years ago
Ryanair cuts more Italian flights to April 8 over coronavirus

Ryanair cuts more Italian flights to April 8 over coronavirus

Ryanair on Monday cut more international flights to Italy and domestic flights within the country until April 8 after the Italian government imposed travel restrictions in northern Italy to limit the spread of the coronavirus.



6 years ago
How wealthy investors are managing their portfolios amid the coronavirus scare

How wealthy investors are managing their portfolios amid the coronavirus scare

The rapidly-spreading COVID-19 is a so-called black swan event, even for well-to-do investors. Members of TIGER 21, an investment club for high-net worth individuals, are stocking up on cash.

6 years ago
Oil prices plunge, hit by erupting Saudi-Russia oil price war

Oil prices plunge, hit by erupting Saudi-Russia oil price war

Oil prices crashed on Monday, suffering their biggest daily rout since the 1991 Gulf War, after the collapse of an OPEC+ supply agreement that now threatens to overwhelm the world with oil, inciting panic throughout the energy sector.



6 years ago
Tesco plans $6.6 billion shareholder return from Asia disposals

Tesco plans $6.6 billion shareholder return from Asia disposals

Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as part of plans to refocus on Britain.



6 years ago
U.S. stock market circuit breakers working as expected: NYSE president

U.S. stock market circuit breakers working as expected: NYSE president

Safeguards in the U.S. stock market are functioning as planned, the president of the New York Stock Exchange said on Monday, after a 7% decline in the S&P 500 triggered a 15 minute trading pause shortly after the market opened.



6 years ago
Coronavirus to drive European airline industry shakeout

Coronavirus to drive European airline industry shakeout

The coronavirus will accelerate a Darwinian shakeout in Europe's overcrowded airline industry that ultimately benefits Ryanair and British Airways owner IAG, industry experts predict.



6 years ago
Boeing shares plunge as FAA rejects proposal on MAX wiring

Boeing shares plunge as FAA rejects proposal on MAX wiring

Shares of Boeing Co dropped 12% on Monday after the planemaker's proposal to leave wiring bundles in place on the grounded 737 MAX failed to get the backing of U.S. aviation regulators, potentially delaying the plane's return to service.



6 years ago
El-Erian: US stock market could end up dropping 20%-30% before bottom is finally reached

El-Erian: US stock market could end up dropping 20%-30% before bottom is finally reached

"This is going to be treacherous for a while. I would advise most retail investors to stay on the sidelines, not panic. There will be opportunities but they're not now," the chief economic advisor at Allianz said.

6 years ago
Factbox: A 7% plunge in the S&P just triggered a trading halt. Here's how circuit breakers work

Factbox: A 7% plunge in the S&P just triggered a trading halt. Here's how circuit breakers work

A plunge in U.S. markets on Monday triggered a 15-minute trading halt in stocks after the S&P 500 fell 7% shortly after the market opened.



6 years ago
Russia vs Saudi: How much pain can they take in oil price war?

Russia vs Saudi: How much pain can they take in oil price war?

Oil titans Russia and Saudi Arabia have accumulated vast financial cushions that will help them weather a lengthy price war. It's a battle of nerves - so who will blink first?



6 years ago
Canada banks split trading operations to ward against coronavirus disruptions

Canada banks split trading operations to ward against coronavirus disruptions

Canada's biggest banks said on Monday they are moving some traders to alternate locations, joining global banks splitting up operations to reduce disruptions due to the coronavirus outbreak.



6 years ago
Big Oil faces 'survival mode' payout strategies as prices dive

Big Oil faces 'survival mode' payout strategies as prices dive

An oil price plunge means the world's top energy companies will have to review promises to return billions to investors, either by slowing down share buybacks or reintroducing non-cash dividends, analysts said on Monday.



6 years ago
Oil prices plunge by a third as Saudi-Russian pump war looms

Oil prices plunge by a third as Saudi-Russian pump war looms

Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi Arabia and Russia signalled they would hike output in a market already awash with crude after their three-year supply pact collapsed.



6 years ago
Twitter, Elliott agree on board seats, Silver Lake investment

Twitter, Elliott agree on board seats, Silver Lake investment

Twitter Inc said on Monday that it will name three new directors to its board in an agreement with activist investor Elliott Management and private equity firm Silver Lake.



6 years ago