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Latest News on private equity markets

'Demand destruction' - analysts race to lower outlooks for oil

Traders and analysts are struggling to revise down their forecasts for oil demand fast enough, as government lockdowns to contain the coronavirus outbreak have rapidly cut fuel consumption.



5 years ago

U.S. moves tax day to July 15 -Treasury's Mnuchin

The U.S. government is moving its tax filing day from April 15 to July 15, Treasury Secretary Steven Mnuchin said on Friday amid the coronavirus crisis afflicting the country.



5 years ago

Divided G20 faces pressure to lead global response to coronavirus

The Group of 20 major economies faces mounting pressure to bridge internal divisions and unite against the coronavirus, just as it coalesced to address the 2008-09 global financial crisis.



5 years ago

BOJ says enhanced dollar swap lines will ease strains in funding markets

A decision by the world's major central banks to enhance their dollar swap lines will serve as an important backstop to ease strains in global funding markets, the Bank of Japan said on Friday.



5 years ago

JPMorgan Chase to pay 'front-line' workers $1,000 bonus: memo

JPMorgan Chase & Co said Friday it would give "front line employees," workers who are staffing branches and call centers through the coronavirus pandemic, a sweetener for their efforts: a one-time $1,000 bonus.



5 years ago

Oil falls back as Russia rejects Trump's intervention in price war

Oil prices fell on Friday after rising 10% in the session as the coronavirus epidemic knocked the outlook for demand and Moscow rejected an intervention by U.S. President Donald Trump in Russia's price war with Saudi Arabia.



5 years ago

Tax Day is now July 15. Why you should get your return in even sooner

Accountants are celebrating a 90-day reprieve on filing income tax returns from 2019. If you're due a refund, you should get your return in now. Here's why it pays to act.

5 years ago

The Trump administration promised borrowers a break on their student loans. They're still waiting

Seven days after the Trump administration said people would get a break on their student loans as the coronavirus tears across the country, closing down businesses and spiking unemployment, the companies that service federal student loans and the U.S. Department of Education are still grappling with how to implement the interest waiver.

5 years ago

Stock buybacks: What are they and how do they impact investors?

As congressional lawmakers work on an economic stimulus package in the midst of the coronavirus pandemic, critics say any corporation that gets federal aid should be banned from future stock buybacks. Here's what the practice is and why it generates criticism.

5 years ago

Small businesses extend lifeline to employees and communities battered by coronavirus

Small business owners are sending food deliveries, hiring spouses and more to support their workers during the coronavirus pandemic.

5 years ago

Stretched British supermarkets step-up hiring to ride out health crisis

With food flying off the shelves as fast as exhausted shop assistants can replenish them, British supermarkets have stepped up their hiring to see them through the coronavirus crisis.



5 years ago

Spain to treat thousands of coronavirus patients in conference hall as toll tops 1,000

Spanish authorities said on Friday they would turn a Madrid conference center into a giant makeshift military hospital for thousands of coronavirus patients, as Europe's second-worst outbreak claimed another 235 lives.



5 years ago

Lyft offers drivers to sign up for delivery services, founders donate salaries during coronavirus

Lyft Inc on Friday told drivers they could sign up for delivery services for healthcare, government services and groceries as ride-hailing demand plummeted during the rapid spread of coronavirus in the United States.



5 years ago

Uber suspends taxi service in Saudi Arabia until further notice: statement

Uber Taxi suspended its operations in Saudi Arabia until further notice due to measures announced by interior ministry, a company statement said on Friday.



5 years ago

Coronavirus leaves 300,000 EU citizens stranded abroad - Borrell

As many as 300,000 European Union citizens are seeking repatriation due to the coronavirus outbreak, with Latin America and Southeast Asia two regions from where it is proving tough to get people home, the EU's top diplomat said on Friday.



5 years ago