Latest News on private equity markets

Google data shines light on whether coronavirus lockdowns worldwide are working

Alphabet Inc's Google has published charts showing how the coronavirus has brought hard-hit Italy to a standstill, led to runs on grocery stores around the world and prompted a stark drop in going-out between Mardi Gras and St. Patrick's Day.



5 years ago

Factbox: Google location data shows slump in trips to malls, offices

Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein in the spread of COVID-19.



5 years ago

Ford says Europe manufacturing ops to remain suspended at least until May 4

Ford Motor Co on Friday extended the temporary suspension of vehicle and engine production at most of its European manufacturing sites to May 4.



5 years ago

Business booms for coffin-makers in coronavirus-hit France

Two hauliers load their lorries with what is fast becoming a precious commodity in France as the coronavirus pandemic takes its dreadful toll - coffins.



5 years ago

Luckin Coffee is a painful reminder of 'the extreme fraud risk' of some China-based companies

Accounting woes at Luckin Coffee led to a 75% decline in the Chinese company's stock on Thursday.

5 years ago

BMW CEO: working to safeguard liquidity during coronavirus crisis

BMW Chief Executive Oliver Zipse said the carmaker is focussing on preserving the health of its balance sheet and workforce which have come under strain during the coronavirus crisis.



5 years ago

Exclusive: Airbus weighs sharp cut in A320 series plane production - sources

Airbus is studying a sharp cut in output of its top-selling A320 plane series in light of industrial and delivery challenges posed by the coronavirus crisis, four people familiar with the matter said.



5 years ago

'Mom & Pop' shops worry they will be squeezed out of small business coronavirus aid

Family-owned restaurants fear they could be pitted against larger competitors, hotel chains and potentially investment funds in a race starting on Friday for a $349 billion pot of money the U.S. government will offer businesses hard-hit by coronavirus.



5 years ago

Trump to host Big Oil execs at White House to discuss market slump

U.S. President Donald Trump will meet with oil company executives at the White House on Friday to discuss a historic oil-price slump threatening their businesses, brought on by the coronavirus outbreak and a Saudi-Russia price war.



5 years ago

UK facing Depression-style hit as firms slump in March

Britain's economy looks set for a slump that in the short term could be deeper than during the depression of the 1930s, as a survey showed the coronavirus crisis caused a record downturn among services and manufacturing firms in March.



5 years ago

Brent oil rises above $32 on hopes of output deal

Benchmark Brent crude oil futures rose as high as $33.05 a barrel on Friday on rising hopes of a new global deal to cut global crude supply.



5 years ago

Factbox: Oil analysts sceptical about Saudi-Russian 'deal'

U.S. President Donald Trump is stoking the possibility of Saudi Arabia and Russia negotiating oil output cuts as the coronavirus outbreak hammers demand.



5 years ago

China probes alleged fraud at Luckin Coffee, banks review IPO work

China's securities regulator said on Friday it would investigate claims of fraud at Luckin Coffee Inc and sources said some of the banks involved in the Chinese chain's successful U.S. IPO last year were reviewing their work in the listing.



5 years ago

Luckin Coffee's journey from hot startup to $5billion share wipeout

Here is a timeline of the Nasdaq-listed Luckin Coffee Inc's journey from a hot Chinese start-up to U.S. IPO and now an investigation for alleged fraud.



5 years ago

Not for the first time, Central Park is providing hospital beds

New York's growing number of COVID-19 cases has temporary hospitals springing up around the city. It's not Central Park's first-ever hospital, though.

5 years ago