Latest News on private equity markets

Italy's firms shake lockdown using shortcut in coronavirus law

Weeks into Italy's coronavirus lockdown, thousands of Italian entrepreneurs have been given a bureaucratic shortcut to market.



6 years ago

Deutsche Bank investor files new motion to oust chair at shareholder meeting

Deutsche Bank investor Riebeck-Brauerei on Friday filed a motion seeking a vote to oust the lender's chairman Paul Achleitner at this year's annual general meeting, according to a document prepared by the activist shareholder's lawyer.



6 years ago

U.S.'s Pompeo: Nations should rethink use of China's Huawei amid coronavirus

U.S. Secretary of State Mike Pompeo on Friday said China's role in the global coronavirus pandemic is likely to force countries to rethink their telecommunications infrastructure, including the adoption of China-based Huawei's 5G networks.



6 years ago

Op-Ed: Advisors need to help clients get back to basics during this volatility

While financial advisors must continue being proactive in helping clients maintain financial well-being during the coronavirus pandemic and downturn, the most effective advisors are managing their clients' emotional well-being, as well.

6 years ago

Preparing for Acquisition

If your long-term goals include a potential exit via acquisition, you can prepare ahead of time to be a more attractive target. Continue reading

6 years ago

AMC says it has enough cash to withstand theater shutdowns until July

AMC Entertainment Holdings Inc, the world's largest theater operator, said on Friday its current cash balance was enough to withstand a global suspension of operations until a partial reopening in July.



6 years ago

Kansas City pulls 2020 forecast on pandemic concerns; Mexico shipments drive profit beat

U.S. railroad operator Kansas City Southern withdrew its full-year earnings forecast on Friday on coronavirus concerns, but topped Wall Street estimates for quarterly profit as higher Mexico shipments boosted sales its chemicals and petroleum business.



6 years ago

UBS, HSBC sell down AMS stake left after rights issue

Lenders UBS and HSBC have cut their combined stake in AMS to below 1% from the 15% they were forced to take after weak demand for the sensor maker's capital increase, a notification to the Swiss stock exchange showed.



6 years ago

Institutional investors tell Big Pharma to cooperate on coronavirus

Institutional investors in 15 major pharmaceutical companies have called on the drugmakers to set aside rivalries and short-term interests and cooperate on finding solutions to the coronavirus.



6 years ago

After market storm, hedge funds launch to catch the recovery wave

At least eight European hedge funds are launching portfolios betting on a recovery in corporate debt and emerging markets after the coronavirus pandemic triggered the biggest market rout in a generation.



6 years ago

P&G profit tops estimates as shoppers stock up on diapers, toilet rolls

Procter & Gamble Co beat Wall Street expectations for quarterly profit on Friday as consumers stockpiled on everything from diapers and detergent to toilet rolls amid sweeping lockdowns to curb the spread of the coronavirus.



6 years ago

Credit Suisse gets approval to take majority stake in China JV

Credit Suisse has received regulatory approval to take a majority stake in its Chinese investment banking joint venture, the bank said in a statement on Friday.



6 years ago

Super-charged global stocks race towards second weekly gain

World stock markets made a super-charged sprint towards a second straight week of gains on Friday after President Donald Trump laid out plans to gradually reopen the coronavirus-hit U.S. economy following similar moves elsewhere.



6 years ago

Travel industry's struggles amid coronavirus pandemic is a blow for South Asian families with hotel roots

With rooms sitting empty, smaller hotel operators are weighing options to defer debt payments and in some cases, close properties.

6 years ago

BoE's Bailey orders banks to 'put their backs into it' on COVID-19 loans

Bank of England Governor Andrew Bailey told Britain's banks to speed up lending to companies as the coronavirus crisis threatens to deliver a historic blow to the economy, urging them to "put their back into it and get on with it".



6 years ago