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Latest News on private equity markets

Global health fund calls for $8 billion to begin COVID-19 exit strategy

A leading global health fund has asked international businesses and governments to provide $8 billion to support development and production of COVID-19 tests, drugs and vaccines.



5 years ago

The No. 1 personal finance lesson to take away from the coronavirus

The coronavirus is a reminder of how we struggle to comprehend and make decisions based on risk. This goes a long way toward explaining why so many Americans fail at personal finance.

5 years ago

Japan's Softbank to invest $48 million in Brazil pet products site Petlove

Japan's Softbank Group Corp reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement on Tuesday.



5 years ago

Millions of aviation jobs at risk, airlines beg for govt support: IATA

Global airlines said 25 million jobs across the world could be at risk from the coronavirus travel downturn, as the industry's representative body launched a plea for urgent government support amid warnings that carriers are running out of cash.



5 years ago

Here's exactly what you need to do if you lose your job

In the wake of losing your job, it can be hard to figure out your most important moves. These three items should go straight to the top of your to-do list.

5 years ago

WeWork special committee files lawsuit against SoftBank after tender offer falls through

The special committee on the board of The We Company, which operates office-sharing startup WeWork, has filed a lawsuit against its largest shareholder SoftBank Group Corp , challenging its decision to terminate a $3-billion tender offer.



5 years ago

Thousands of weddings are put on hold amid coronavirus pandemic

Amid the COVID-19 pandemic, tens of thousands of couples have postponed their weddings this spring and left many vendors scrambling without income.

5 years ago

In a first, China knocks U.S. from top spot in global patent race

China was the biggest source of applications for international patents in the world last year, pushing the United States out of the top spot it has held since the global system was set up more than 40 years ago, the U.N. patent agency said on Tuesday.



5 years ago

Honda furloughs U.S. workers until May 1 as coronavirus suspends operations

Honda Motor Co on Tuesday said that it had furloughed workers at its U.S. plants which will be closed until May 1 as demand for cars in the country has plummeted due to the spread of the coronavirus.



5 years ago

Exclusive: U.S. grants GE license to sell engines for China's new airplane

The Trump administration on Tuesday granted a license to General Electric Co to supply LEAP-1C engines for China's C919 passenger jet, a spokeswoman for the company said.



5 years ago

Wall Street jumps at open on coronavirus slowdown hopes

U.S. stocks jumped at the opening bell on Tuesday, as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that sweeping lockdown measures were working.



5 years ago

Exxon cuts capital spending by 30%, but CEO says it's 'committed to maintaining' dividend

Exxon is cutting its capital spending by 30% as the coronavirus pandemic continues to hammer oil prices.

5 years ago

Big OPEC+ oil output cuts depend on U.S., others joining: sources

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis.



5 years ago

Oil slips on oversupply fears, but stocks jump on virus slowdown hopes

Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.



5 years ago

NMC in talks with lenders to avoid administration

Troubled hospital group NMC Health said on Monday it is in talks with Abu Dhabi Commercial Bank , seeking to convince it to withdraw an application that the lender had filed proposing that NMC be placed under administration.



5 years ago