Latest News on private equity markets

Indonesia's Garuda to seek restructuring of $500-mln Islamic bonds

National flag carrier Garuda Indonesia will seek to restructure $500 million of Islamic bonds due to mature next month, the deputy of the state-owned enterprises ministry said on Friday.



5 years ago

Germany's BaFin investigating Wirecard communication ahead of audit publication

Germany's financial market watchdog BaFin is investigating Wirecard's communication with investors directly ahead of the publication of a critical audit by KPMG, a spokeswoman for the regulator said on Friday.



5 years ago

Investors exit stocks at fastest rate since March, 'tech fatigue' sets in: BOFA

Investors pulled $16.2 billion from stocks in the past week in the largest weekly redemption since the March stock market slump, according to the Bank of America's weekly flows data.



5 years ago

Tesla aims to restart Fremont plant as soon as Friday: Bloomberg

Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported https://www.bloomberg.com/news/articles/2020-05-08/tesla-aims-to-restart-fremont-plant-as-soon-as-friday-musk-says?sref=y3YMCJ4e on Friday, citing an email from the company to its staff.



5 years ago

Sony to make, donate face shields to Japan hospitals

Sony Corp said on Friday it will manufacture and donate medical face shields to hospitals in Japan, amid worries about the availability of protective equipment for healthcare workers dealing with the coronavirus pandemic.



5 years ago

Futures climb as Sino-U.S. tensions ease

U.S. stock index futures rose on Friday as signs of improving relations between the United States and China boosted sentiment ahead of a key jobs report that is likely to show a historic surge in unemployment due to coronavirus-induced lockdowns.



5 years ago

Siemens surges as cuts costs and presses on with energy IPO

Siemens stock surged on Friday after the German engineering company said it was speeding up cost savings to tackle the coronavirus downturn and the flotation of its energy business remained on track.



5 years ago

Cryptocurrency market jumps by over $13 billion driven by bitcoin as major technical event approaches

A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors.

5 years ago

U.S. Post Office board meets as COVID takes its toll and funding dries up

The U.S. Postal Service's Board of Governors meets on Friday at a critical juncture as it faces accusations from the White House that it charges package shippers such as Amazon.com too little and as the new coronavirus cuts its revenue by about $13 billion.



5 years ago

Turkey charges seven people over Ghosn escape: lawyer

Turkish prosecutors have prepared an indictment charging seven people, including four pilots, over former Nissan boss Carlos Ghosn's escape via Istanbul to Lebanon after fleeing Japan, a lawyer for one of the suspects said on Friday.



5 years ago

Stocks boosted to weekly highs as risk appetite improves; U.S. jobs data looms

Global shares rallied on Friday, hitting weekly highs, on signs of improving Sino-American relations and the prospect of more governments gradually reopening their economies.



5 years ago

Tesla aims to restart Fremont plant as soon as Friday: Bloomberg News

Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported on Friday, citing an email from the company to its staff.



5 years ago

Tesla aims to restart Fremont plant on Friday

Tesla Inc is aiming to restart production in its U.S. car plant in Fremont, California on Friday afternoon, according to an email sent by Chief Executive Officer Elon Musk to staff.



5 years ago

Coronavirus deals U.S. job losses of 20.5 million, historic unemployment rate in April

The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world's biggest economy.



5 years ago

Lufthansa to start flying 80 more aircraft in June to meet travel demand

German flagship carrier Lufthansa on Friday said it would start flying 80 more of its aircraft again in June, including to serve tourism destinations after the company grounded much of its vast fleet due to the coronavirus pandemic.



5 years ago