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Latest News on private equity markets

Mexican president lashes out at companies over layoffs, taxes as big business seethes

Mexico's president threw himself into a new confrontation with businesses on Wednesday, accusing big companies of not paying taxes and upbraiding others for laying off workers during the coronavirus crisis.



5 years ago

Crude futures climb ahead of OPEC+ meeting

Crude futures rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with the coronavirus-driven collapse in global oil demand.



5 years ago

Risk currencies buoyed by cautious hopes pandemic is peaking

Risk-sensitive currencies climbed on Thursday on budding optimism the coronavirus pandemic may be peaking although the euro was dented by the European Union's failure to agree on more support for their weakened economies.



5 years ago

U.S. finalizes minimum service rules for airlines receiving assistance

The U.S. Transportation Department on Tuesday issued final rules setting minimum service requirements for passenger airlines receiving government financial assistance.



5 years ago

Airlines cannot afford to refund cancelled tickets: IATA

Global airlines cannot afford to refund cancelled flights because of the coronavirus crisis, said the head of the industry's representative body IATA, and carriers are issuing vouchers instead as they conserve cash to survive.



5 years ago

U.S. SEC's Clayton says companies seeking bailouts must disclose plans, communicate with investors

Top U.S. Securities and Exchange Commission (SEC) official said on Tuesday said that companies in discussions about bailouts stemming from the fallout of the coronavirus should disclose where they stand to regulators.



5 years ago

Cineworld suspends dividend, defers pay to cushion virus hit; shares soar

Cineworld's shares soared 36% on Tuesday after it suspended its dividend and said it was in talks with landlords, film studios and major suppliers to offset the impact of the closure of all its 787 cinemas due to the coronavirus pandemic.



5 years ago

Your lender might let you miss a few mortgage payments. Three questions you should ask first

Lenders are allowing borrowers affected by the coronavirus pandemic to miss some of their mortgage payments. But there's more to this relief than meets the eye. What you should know.

5 years ago

More than half of Americans can't pass a basic quiz on Social Security

Deciding when to claim Social Security is one of the biggest decisions a retiree can make. Yet many Americans who are near retirement can't pass a basic test on rules pertaining to those benefits. Find out if you can answer the questions most respondents got right and wrong.

5 years ago

Goldman Sachs must face class action over conflicts of interest, risky mortgages

Goldman Sachs Group Inc must face a shareholder class action accusing the bank of hiding conflicts of interest, including behind-the-scenes dealings with a prominent hedge fund manager, when creating risky subprime securities before the 2008 financial crisis.



5 years ago

Hopes of progress against virus lift stocks, weigh on dollar

World stock markets posted sharp gains on Tuesday as signs of progress in curbing the spread of the novel coronavirus in both Europe and the United States fueled investors' appetite for risk.



5 years ago

Side effects: Fuel demand crash shuts U.S. ethanol plants, meatpackers lack refrigerant

A slew of U.S. ethanol plants have shut down as fuel demand has collapsed during the coronavirus outbreak, and meatpackers have been hit by a worrying side-effect: less carbon dioxide is now available to chill beef, poultry and pork.



5 years ago

Exxon lops 30% off 2020 spending, deeper and later than rivals

Exxon Mobil Corp on Tuesday throttled back investment in shale, natural gas and deep water production, cutting planned capital spending by 30% this year as the coronavirus pandemic saps energy demand and oil prices tumble.



5 years ago

Wall Street gains on signs of coronavirus slowdown

Wall Street rose on Tuesday as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures to contain the outbreak were working.



5 years ago

Southwest building June flight schedule to reflect 'different phases of recovery'

Southwest Airlines Co said on Tuesday it would publish this week a new flight schedule for June 6 to June 27 with overall flight activity dropping by about 50% while taking into account "different phases of the recovery anticipated ahead."



5 years ago