Latest News on private equity markets

Equinor's head of exploration, Tim Dodson, will step down at the end of May in a planned leadership change, the Norwegian oil and gas company said on Wednesday.

Oil slumped to less than $16 a barrel on Wednesday, hitting its lowest since 1999, with the market awash with excess supply as the economic fallout from the coronavirus pandemic continues to hammer demand for fuels.

A growing body of scientific research linking tyre wear to microplastic pollution, as well as increasing scrutiny from lawmakers in the European Union (EU), has led the $180 billion-a-year tyre industry to fight back.

U.S. stock futures bounce Wednesday after concerns about the unprecedented oil collapse wiped more than 1,200 points off the Dow this week.

AT&T Inc's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the coronavirus outbreak overshadowed a strong growth in monthly phone subscribers.

Shoved aside by the coronavirus pandemic, Brexit is set to work its way into the headlines again as a June deadline for extending Britain's 11-month transition period turns currency traders' focus - and selling pressure - back to the pound.

U.S. stock index futures rebounded on Wednesday as upbeat quarterly earnings reports lifted investor sentiment following a two-day selloff due to a record crash in oil prices, even as companies warned of more pain in the coming months.

The South African unit of Toyota could see its production drop by around 15-20% in 2020, its president and CEO Andrew Kirby said on Wednesday.

Trading worth billions of dollars has shifted to kitchen tables or bedrooms as traders work through the coronavirus crisis from home, testing patchy fixes to make sure they stick to the rules.

State-owned Airports of Thailand Pcl said on Wednesday it expects the number of passengers passing through its airports to decline by 53% this year due to the outbreak of the new coronavirus.

The head of Fast Retailing Co , owner of fashion chain Uniqlo, criticised Japan's lack of coronavirus testing in a media interview, joining a chorus of executives questioning Prime Minister Shinzo Abe's handling of the coronavirus crisis.

Some blood tests being marketed to tell people if they have had the new coronavirus are a "disaster", Roche Chief Executive Severin Schwan said on Wednesday as he prepares to launch the drugmaker's own antibody test next month.

Exxon Mobil Corp kicked off construction on Wednesday of its $10 billion petrochemical complex in south Chinese city Huizhou, state news agency Xinhua reported.

Kimberly-Clark Corp on Wednesday suspended its forecast for the year and said sales of tissue rose 13% in the first quarter as consumers stocked up in preparation for the coronavirus pandemic.

Oilfield services provider Baker Hughes Co reported an 8% fall in first-quarter adjusted profit on Wednesday and booked over $16 billion in impairment and restructuring charges.