Latest News on private equity markets

U.S. senators hold call with Saudi officials urging them to put oil cut in motion

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output.



5 years ago

Airlines want U.S. Treasury to scrap proposal to make some grant money repayable

Major U.S. airlines were urging Treasury officials and the federal government's outside advisers on Saturday to scrap or revise a proposal that would make part of the $25 billion earmarked by Congress to help keep workers on the payroll repayable in the form of low-cost loans.



5 years ago

U.S. senators press Saudi officials to put oil cut in motion

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output.



5 years ago

Findings of techUK’s COVID-19 impact survey – second round

TechUK | Apr 6, 2020 Read more about the results of techUK's second COVID-19 impact survey and our new national campaign 'Building The Future We Need'. techUK is regularly taking the tech sector’s pulse as we move through the COVID-19 crisis to better understand how the pandemic is impacting the sector, access to Government support and how tech can contribute to the response. This survey builds on

5 years ago

First two fintechs added to coronavirus UK emergency loan scheme

Small Business UK | Timothy Adler | April 11, 2020 OakNorth Bank and Starling Bank are first two fintechs added to the Coronavirus Business Interruption Loan Scheme to help spread out demand The first two fintech banks have been added to the government’s coronavirus emergency business interruption loan scheme in an effort to break the logjam.

5 years ago

Without more help from Ottawa, Canadian startups — critical to our economic future — will fail

Toronto Star - OpEd | Krista Jones | Apr 11, 2020 Our federal government is fighting COVID-19 battles on many fronts. Given the scope of what it’s trying to achieve, there would be endless patience for results if the urgency weren’t so dire. But dire it is. We can’t afford to let Canadian businesses fall

5 years ago

U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow

The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic, White House economic adviser Larry Kudlow said on Friday.



5 years ago

Saudi-Mexican clash halts record oil cut deal despite Trump pressure

Top oil nations struggled to finalise record output cuts at G20 talks on Friday to boost prices slammed by the coronavirus crisis, as Saudi Arabia clashed with Mexico despite U.S. President Donald Trump's mediation offer.



5 years ago

Saudi crown prince, Russia's Putin discuss efforts to stabilize oil markets: SPA

Saudi Arabia's Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the efforts to achieve stability of energy markets to support the growth of the global economy, Saudi state news agency (SPA) reported.



5 years ago

Saudi, others resist Mexican plan to make small oil output cuts - sources

Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican plan to cut less than requested under plans for global supply curbs, two sources from the OPEC+ group said on Friday.



5 years ago

Honeywell borrows further $1.5 billion

Honeywell International Inc said on Friday it had entered into a $1.5 billion loan agreement to be used for general corporate purposes.



5 years ago

Boeing hires Lazard, Evercore to assess government aid or private loans: source

Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or private sector loans, a person briefed on the matter confirmed on Friday.



5 years ago

Honeywell renews $1.5 billion revolving credit agreement

Honeywell International Inc said on Friday it had renewed a revolving credit agreement for $1.5 billion, to be used for general corporate purposes when needed.



5 years ago

Saudi energy minister says OPEC+ oil pact hinges on Mexico joining

Saudi Arabia's energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts.



5 years ago

High U.S. unemployment, 2.5 million jobs lost through 2021: survey

After a widely expected and sharp drop in the U.S. economy over the next three months, a panel of top business economists sees high joblessness persisting for more than a year in an outcome that would douse hopes for a quick, post-pandemic return to normal.



5 years ago