Latest News on private equity markets

China urges food companies to boost supplies on fears of further COVID-19 disruption

China has asked trading firms and food processors to boost inventories of grains and oilseeds as a possible second wave of coronavirus cases and worsening infection rates elsewhere raise concerns about global supply lines.



5 years ago

Disney says it will reopen shopping area at Florida resort on Wednesday

Walt Disney Co will partially reopen its Disney Springs entertainment and shopping complex at Walt Disney World Resort in Florida on May 20, it said late on Saturday.



5 years ago

China says opposed to latest U.S. rules against Huawei

China's commerce ministry said on Sunday it is firmly opposed to the latest rules by the United States against Huawei and will take all necessary measures to safeguard Chinese firms rights and interests.



5 years ago

U.S. expected to revise PPP aid program for small businesses: WSJ

The United States is expected to revise its aid program for small businesses to cope with the economic fallout of the coronavirus outbreak, the Wall Street Journal reported on Sunday.



5 years ago

Temporary layoff schemes no cure-all in slow COVID recovery

Temporary unemployment schemes operating across Europe could struggle to save the jobs of leisure and travel sector workers facing drawn-out or partial recoveries from the COVID-19 pandemic, even if they help industries that rebound quickly.



5 years ago

A month after negative oil prices, U.S. crude contract expiry looms

A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next watershed moment looms with the expiry of the June contract on Tuesday - and so far there is little sign of a repeat of the historic plunge.



5 years ago

UK's Gove says EU trade deal can be done despite talks stalemate

British Cabinet Office minister Michael Gove said on Sunday that there was a post-Brexit trade deal to be done with the European Union providing the bloc compromised its stance, days after both sides said talks were making little progress.



5 years ago

India's Reliance says General Atlantic to invest $870 million in digital unit

Indian conglomerate Reliance Industries said on Sunday equity firm General Atlantic will buy 1.34% of its digital unit for 65.98 billion rupees ($870.25 million).



5 years ago

Reliance says General Atlantic to invest $870 million in Jio Platforms

Indian conglomerate Reliance Industries said on Sunday U.S. fund General Atlantic will buy 1.34% of its Jio Platforms digital unit for 65.98 billion rupees ($870 million).



5 years ago

Emirates Group planning to cut about 30,000 jobs amid virus outbreak: Bloomberg News

Emirates Group plans to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, reducing employees by about 30% from more than 105,000 at the end of March, Bloomberg News reported, citing people familiar with the matter.



5 years ago

Emirates plans to cut about 30,000 jobs amid virus outbreak: Bloomberg News

Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down its number of employees by about 30% from more than 105,000 at the end of March, Bloomberg News reported on Sunday.



5 years ago

Fed's Powell says full economic recovery may require coronavirus vaccine: CBS

Federal Reserve Chairman Jerome Powell said a U.S. economic recovery may stretch deep into next year and a full comeback may depend on a coronavirus vaccine.



5 years ago

Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion

India's Reliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes investment in its digital unit to over $8 billion in less than a month.



5 years ago

Pelosi sees negotiations on new $3 trillion coronavirus legislation: CBS

U.S. House Speaker Nancy Pelosi said on Sunday there will be negotiations on the new $3 trillion coronavirus relief legislation passed by the Democratic-controlled House of Representatives.



5 years ago

Most companies face little risk of punishment for taking PPP loans, legal experts say

Changes to guidance in the small business loan program may give ammunition to critics who charge that the government is too lax in its oversight.

5 years ago