Latest News on private equities market

Deutsche Bank CEO: Negative rates not an option generally for private customers

Deutsche Bank CEO: Negative rates not an option generally for private customers

Deutsche Bank's chief executive on Thursday told German broadcaster n-tv that he did not think Germany's top bank would apply negative interest rates to the accounts of private customers in general.



6 years ago
Turnaround costs push Deutsche Bank to bigger than expected loss

Turnaround costs push Deutsche Bank to bigger than expected loss

Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost of its latest turnaround attempt hit earnings.



6 years ago
Jaguar Land Rover boss to step down in September

Jaguar Land Rover boss to step down in September

The boss of Jaguar Land Rover (JLR) will step down from his role at the end of his contract term in September as Britain's biggest carmaker shows signs of improvement after a torrid 2019 of job cuts, deep losses and falling sales.



6 years ago
JLR parent Tata Motors posts quarterly profit

JLR parent Tata Motors posts quarterly profit

India's Tata Motors Ltd reported a quarterly profit on Thursday, compared with a year-earlier loss, as the maker of British luxury car brands Jaguar and Land Rover kept a tight lid on costs.



6 years ago
Global stocks tumble over China epidemic worries

Global stocks tumble over China epidemic worries

Stocks across the world tumbled on Thursday as the death toll from a virus spreading in China reached 170, forcing airlines to cut flights and stores to close as the potential economic hit from the outbreak came into focus.



6 years ago
New programs aim to help the 55 million people without workplace retirement savings plans

New programs aim to help the 55 million people without workplace retirement savings plans

Many Americans don't have access to retirement savings plans at work, and that's often the biggest reason that their balances come up short. Now new national and state efforts are trying to fix that. If successful, that could put millions of workers in a better financial position.

6 years ago
Policymakers fret over risk to global growth from China virus outbreak

Policymakers fret over risk to global growth from China virus outbreak

A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with the impact of the Sino-U.S. trade war, fretting over the widening fallout.



6 years ago
Oil falls on spread of Wuhan virus, U.S. oil-stocks build

Oil falls on spread of Wuhan virus, U.S. oil-stocks build

Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks added to the negative tone.



6 years ago
Frankfurt out of running for German auto show from 2021

Frankfurt out of running for German auto show from 2021

Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry's latest innovations, the VDA auto association said late on Wednesday.



6 years ago
Paris shops feel the pinch as virus keeps Chinese tourists away

Paris shops feel the pinch as virus keeps Chinese tourists away

For some shopkeepers in Paris, home to prestigious stores where Chinese tourists love to splurge, an abrupt drop-off in visitors as China tries to contain a fast-spreading coronavirus health crisis is hitting hard.



6 years ago
Fears of pandemic send stocks lower, safe havens in demand

Fears of pandemic send stocks lower, safe havens in demand

Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores to close, increasing pressure on the world's second-largest economy as fears of a pandemic grow.



6 years ago
Sweden's AB Volvo plans big shareholder payout as profit beats

Sweden's AB Volvo plans big shareholder payout as profit beats

Swedish truck maker AB Volvo reported a smaller than expected fall in fourth-quarter earnings in the face of slowing demand and announced plans on Thursday for a payout to shareholders that exceeded market expectations.



6 years ago
Wall Street slides on China virus concerns, Facebook earnings

Wall Street slides on China virus concerns, Facebook earnings

U.S. stocks dropped on Thursday as the coronavirus epidemic raised fears of a further hit to China's economy, with weak earnings from Facebook and others adding to the gloom.



6 years ago
After meager 2019, Samsung's modest chip recovery outlook falls flat

After meager 2019, Samsung's modest chip recovery outlook falls flat

Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in 2020 after sliding to its worst operating profit in four years.



6 years ago
U.S. refiners, chemical makers pare insurance coverage as accidents boost costs

U.S. refiners, chemical makers pare insurance coverage as accidents boost costs

U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said.



6 years ago