Latest News on private equities market

Oil falls, OPEC seeks Russian backing for deeper supply cuts

Oil falls, OPEC seeks Russian backing for deeper supply cuts

Oil fell on Thursday as worries intensified over the fast-spreading coronavirus outbreak and OPEC ministers met in Vienna to seek Russian backing for deeper output cuts to bolster prices.



6 years ago
India plans to airlift components from China to help local tech industry: sources

India plans to airlift components from China to help local tech industry: sources

India is planning to backstop its growing electronics sector by arranging to airlift components from China, three government officials said, as it tries to contain the fallout from the coronavirus crisis in China.



6 years ago
Record profit lifts Aviva shares, pays out on coronavirus claims

Record profit lifts Aviva shares, pays out on coronavirus claims

Aviva shares jumped on Thursday as the life and general insurer posted a record profit in its first year under chief executive Maurice Tulloch, although he said coronavirus added uncertainty to the outlook.



6 years ago
British airline Flybe collapses as coronavirus deals final blow

British airline Flybe collapses as coronavirus deals final blow

British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the long-struggling carrier one of the first big corporate casualties of the coronavirus outbreak.



6 years ago
Finnair steps up efforts to be carbon neutral by 2045

Finnair steps up efforts to be carbon neutral by 2045

Finnair said on Thursday it had stepped up its efforts to achieve carbon neutrality by 2045 through a range of measures and would begin by halving its net emissions by 2025 from their 2019 level.



6 years ago
Exclusive: China's top gas importer PetroChina declares force majeure on imports - sources

Exclusive: China's top gas importer PetroChina declares force majeure on imports - sources

China's top gas importer PetroChina has declared force majeure on natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, following the coronavirus outbreak, four industry sources told Reuters.



6 years ago
Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.

6 years ago
HSBC sends home 100 London staff, confirms China coronavirus case

HSBC sends home 100 London staff, confirms China coronavirus case

HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at a major company in Europe's main financial hub.



6 years ago
South Korea, Japan to hold export control talks via teleconference, Jiji says

South Korea, Japan to hold export control talks via teleconference, Jiji says

South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday, reflecting the widening impact of the coronavirus outbreak.



6 years ago
JPMorgan CEO Jamie Dimon recovering after emergency heart surgery

JPMorgan CEO Jamie Dimon recovering after emergency heart surgery

JPMorgan Chase & Co CEO and Chairman Jamie Dimon is recovering from emergency heart surgery done on Thursday morning, with two deputies taking over as he recuperates, the largest U.S. bank said.



6 years ago
Probe panel on Kansai Elec's graft scandal to report findings on March 14

Probe panel on Kansai Elec's graft scandal to report findings on March 14

An independent committee investigating a graft scandal at Kansai Electric Power Co , Japan's second-largest utility, will release its findings on March 14, a representative of the committee said on Friday.



6 years ago
Coronavirus douses stocks rally; Europe, U.S. futures lower

Coronavirus douses stocks rally; Europe, U.S. futures lower

European shares fell again on Thursday, taking their cue from U.S. equity futures, which implied a lower open for Wall Street as cases of the coronavirus surged in the U.S.



6 years ago
OPEC seen backing big oil output cut, but awaits Russian support

OPEC seen backing big oil output cut, but awaits Russian support

OPEC ministers are expected to approve on Thursday the outlines of a deal for a significant cut in oil production to shore up prices hammered by the coronavirus outbreak but they are still waiting for Russia to indicate whether it will back such a move.



6 years ago
ProSieben's $500 million dating bet a turn-off for investors

ProSieben's $500 million dating bet a turn-off for investors

ProSiebenSat.1 Media has staked a $500 million bet on romance by buying dating U.S. app developer Meet Group Inc , but the deal proved to be a turn-off for investors who sent the German broadcaster's shares down 10% to a decade low.



6 years ago
JPMorgan restricts all non-essential domestic travel globally: internal memo

JPMorgan restricts all non-essential domestic travel globally: internal memo

JPMorgan Chase & Co said on Thursday that employees should forgo any non-essential domestic business travel in all of its worldwide locations, due to concerns about the quickly-spreading coronavirus, according to an internal memo seen by Reuters.



6 years ago