Latest News on private equities market

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
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
British regional airline Flybe collapses after coronavirus blow

British regional airline Flybe collapses after coronavirus blow

British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the struggling carrier the industry's first big casualty of the coronavirus outbreak.



6 years ago
Oil prices climb ahead of OPEC meeting to discuss supply cuts

Oil prices climb ahead of OPEC meeting to discuss supply cuts

Oil prices climbed higher on Thursday ahead of an OPEC meeting in which Saudi Arabia is expected to push the group and its allies including Russia to agree to further output cuts to support the market.



6 years ago
UBS hardens energy lending as 'sustainable' investments rise

UBS hardens energy lending as 'sustainable' investments rise

Switzerland's UBS said the value of its 'sustainable' investments rose by more than 50% to nearly $500 billion in 2019, while lending to the energy and utilities sectors fell by 40% as it tightened its rules.



6 years ago
Fund managers change tack as Fed reacts to virus

Fund managers change tack as Fed reacts to virus

Fund managers are changing their allocations after the U.S. Federal Reserve stunned investors with a half-point rate cut this week to contain the economic fallout from the coronavirus epidemic.



6 years ago
Finland's Nokia announces 5G partnership with Intel

Finland's Nokia announces 5G partnership with Intel

Finland's Nokia Oyj has entered into partnership with Intel to accelerate its so-far sluggish shift to 5G, the company said on Thursday, a day after announcing a similar deal with Marvell Technology .



6 years ago
Britain's John Lewis launches strategy review after profit slide

Britain's John Lewis launches strategy review after profit slide

British employee-owned retailer, the John Lewis Partnership, has launched a strategic review of its business after reporting a 23% fall in annual profit, a third straight decline, primarily reflecting a dire performance from its department stores arm.



6 years ago
Facebook confirms contractor in Seattle diagnosed with coronavirus

Facebook confirms contractor in Seattle diagnosed with coronavirus

Facebook Inc on Thursday confirmed that a contractor at a Seattle office has been diagnosed with the coronavirus and the social media giant said it would close that location until March 9.



6 years ago
Apple, Netflix pull out of South by Southwest festival amid coronavirus outbreak

Apple, Netflix pull out of South by Southwest festival amid coronavirus outbreak

Apple Inc and Netflix Inc said they were pulling out of the South by Southwest music and tech festival to be held later this month, amid the coronavirus outbreak.



6 years ago
ProSieben's e-commerce arm buys Meet Group for $500 million

ProSieben's e-commerce arm buys Meet Group for $500 million

ProSiebenSat.1 Media said on Thursday its e-commerce arm NuCom would buy U.S. dating app developer Meet Group Inc , as the German broadcaster doubles down on digital growth to offset its declining commercial TV franchise.



6 years ago
Hugo Boss sees coronavirus hit to sales spreading from Asia

Hugo Boss sees coronavirus hit to sales spreading from Asia

German fashion house Hugo Boss warned on Thursday that the coronavirus will have a significant impact on its first-quarter results, with sales falling particularly in Asia, but also in other key markets.



6 years ago