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Latest News on private equity markets

What to do when you're a few years away from retirement and a global pandemic hits

When retirement looms but a global pandemic causes havoc, here's how you can secure future plans.

5 years ago

Trump threatens to shutter social media companies after Twitter warning

U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc for the first time added a warning to some of his tweets prompting readers to fact check the president's claims.



5 years ago

Americas will be hardest hit by COVID-19 job losses :ILO

The Americas will bear the brunt of an estimated 305 million job losses that the COVID-19 pandemic will cause worldwide between April and June, the International Labour Organization (ILO) said on Wednesday.



5 years ago

Op-ed: People can change their minds, which is one big reason behind the market's recovery

Pundits have railed against moving into equities too quickly, believing that consumers will remain reluctant to venture out for months, but the market may have discounted those sentiments.

5 years ago

Wall Street opens higher on recovery optimism

U.S. stock indexes gained at the open on Wednesday as a pickup in business activity fueled hopes of a post-pandemic economic recovery, while investors remained cautious about brewing U.S.-China tensions.



5 years ago

Lufthansa supervisory board postpones approval of bailout package

Lufthansa's supervisory board postponed approval of a 9 billion euro ($9.90 billion) bailout in light of conditions imposed by the European Union, the German airline group said on Wednesday.



5 years ago

Here's what to do when you are close to retirement and a global pandemic hits

When retirement looms but a global pandemic causes havoc, here's how you can secure future plans.

5 years ago

Here are key ways the coronavirus crisis differs from the Great Recession

Today's market havoc may feel like a trip down memory lane, but there are stark contrasts between the Covid-19 downturn and the Great Recession. Here are three ways the crises differ from each other.

5 years ago

Tech selloff weighs on S&P 500, Nasdaq

A selloff in technology stocks dragged on the S&P 500 and Nasdaq on Wednesday, with investors also cautious about brewing U.S.-China tensions at a time when policymakers are attempting to revive the global economy from a coronavirus-driven slump.



5 years ago

Goldman Sachs on target to meet medium,long-term growth goals: executive

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said Wednesday that the bank remains on track to achieve its medium and long term growth targets despite the economic shocks caused by the novel coronavirus.



5 years ago

Hershey says mint, gum sales hit as lockdowns restrict social gatherings

Hershey Co said on Wednesday sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged people from participating in gatherings.



5 years ago

Germany's Altmaier: Lufthansa bailout is in Europe's own interests

German Economy Minister Peter Altmaier said on Wednesday he expected the European Commission to approve a 9-billion euro bailout of flagship carrier Lufthansa, adding that it was also in Europe's interests to avoid a sell-off of such companies.



5 years ago

Huawei CFO Meng's U.S. extradition case hinges on key ruling in Canada on Wednesday

A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou's extradition to the United States, with a favourable judgment seen as paving the way for the release of the Chinese executive after 18 months of house arrest.



5 years ago

This disaster could wipe out your finances – and few people are preparing for it

Americans' finances have been battered by the coronavirus pandemic, and now a new threat is emerging: hurricane season. Only 15% of people polled by the American Institute of CPAs have drafted a disaster plan to deal with it.

5 years ago

Dollar steadies against euro; yuan slips on U.S.-China tensions

The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic.



5 years ago