Latest News on private equities market

Lufthansa suspends 7,100 flights in March, including to Israel

Lufthansa suspends 7,100 flights in March, including to Israel

German airline group Lufthansa said on Thursday it is cancelling about 7,100 flights up to the end of March due to lower demand and the spread of coronavirus.



6 years ago
Russia's Aeroflot to suspend Hong Kong flights amid coronavirus fears: Interfax

Russia's Aeroflot to suspend Hong Kong flights amid coronavirus fears: Interfax

Russia's state carrier Aeroflot said on Thursday it would suspend its flights to and from Hong Kong amid fears over coronavirus.



6 years ago
Billionaire Sam Zell says he is buying some 'ridiculously low' stocks in the wild market swings

Billionaire Sam Zell says he is buying some 'ridiculously low' stocks in the wild market swings

Sam Zell, who made his fortune scooping up distressed assets, told CNBC on Thursday that he's been taking advantage of the stock market volatility.

6 years ago
Wall Street sinks at open as coronavirus fears prompt California emergency

Wall Street sinks at open as coronavirus fears prompt California emergency

U.S. stock indexes opened sharply lower on Thursday as deaths from the coronavirus rose in the United States, forcing California to declare a state of emergency, while crippled travel demand hit airline stocks.



6 years ago
World stocks tumble as coronavirus cases rise outside China

World stocks tumble as coronavirus cases rise outside China

Global equity markets tumbled and the dollar slid on Thursday as the number of coronavirus cases outside China mounted rapidly, leading California to declare an emergency and HSBC in London to send more than 100 staff home.



6 years ago
Big tech firms ask Seattle employees to work from home over coronavirus fears

Big tech firms ask Seattle employees to work from home over coronavirus fears

Alphabet Inc's Google on Thursday joined Amazon.com Inc, Facebook Inc and Microsoft Corp in recommending employees in the Seattle area to work from home, after many were infected with the coronavirus in the region.



6 years ago
Portugal's TAP cancels 1,000 flights in March-April as coronavirus hits demand

Portugal's TAP cancels 1,000 flights in March-April as coronavirus hits demand

Portugal's flag carrier TAP canceled around 1,000 flights scheduled in March and April on Thursday after concerns about the coronavirus epidemic led to a fall in demand and said it envisaged an unspecified impact on revenues.



6 years ago
Walmart's Flipkart faces further anti-trust probe in India

Walmart's Flipkart faces further anti-trust probe in India

Walmart Inc's Flipkart faces a further anti-trust probe in India after an appellate tribunal asked the competition watchdog to investigate whether the company had abused its dominant position in e-commerce.



6 years ago
Social Security scams are on the rise. Here's what you need to know to stop them

Social Security scams are on the rise. Here's what you need to know to stop them

You may have received a pesky call from someone claiming to be from the Social Security Administration. And while many people hang up, others do get duped, to the tune of millions of dollars. These are the warning signs to watch for.

6 years ago
Airbus draws a blank in February after Boeing's order-free January

Airbus draws a blank in February after Boeing's order-free January

European planemaker Airbus failed to win any new aircraft orders in February, it said on Thursday, providing further evidence of disruption across aviation industries from the global coronavirus outbreak.



6 years ago
Dow sinks 1,000 points on alarm over virus spreading in United States

Dow sinks 1,000 points on alarm over virus spreading in United States

Wall Street's losses deepened and the Dow Jones Industrials shed 1,000 points in afternoon trading on Thursday as the coronavirus death toll in the United States rose to 11 and travel related stocks took a severe beating.



6 years ago
Southwest CEO on coronavirus: "We could discount prices tomorrow and it wouldn't do any good"

Southwest CEO on coronavirus: "We could discount prices tomorrow and it wouldn't do any good"

Southwest Airlines Chief Executive Gary Kelly said on Thursday that the airline was not running dramatic fare sales in response to a drop-off in demand due to the spreading coronavirus.



6 years ago
Former UAW President Gary Jones charged in U.S. corruption probe

Former UAW President Gary Jones charged in U.S. corruption probe

Former United Auto Workers (UAW) President Gary Jones was charged on Thursday with embezzling more than $1 million of union funds amid a U.S. corruption probe that has raised the specter of a federal government takeover of the union.



6 years ago
Airlines face $100 billion-plus virus hit, discounts 'wouldn't do any good'

Airlines face $100 billion-plus virus hit, discounts 'wouldn't do any good'

The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, while the head of a large U.S. airline said the drop-off in travel demand seemed driven more by fear than economics, similar to what happened after the disasters of Sept. 11, 2001.



6 years ago
OPEC to recommend to OPEC+ extending new cuts to end of 2020: statement

OPEC to recommend to OPEC+ extending new cuts to end of 2020: statement

OPEC ministers said on Thursday they would recommend to OPEC+, a group that includes Russia, that additional oil production cuts of 1.5 million barrels per day (bpd) run until the end of 2020 rather than just during the second quarter.



6 years ago