Latest News on private equity markets

LVMH , the world's biggest luxury goods group, is ordering 40 million health masks from a Chinese supplier to help France cope with the coronavirus outbreak.

Time | By Yuval Noah Harari | March 15, 2020 A Leaderless World Today humanity faces an acute crisis not only due to the coronavirus, but also due to the lack of trust between humans. To defeat an epidemic, people need to trust scientific experts, citizens need to trust public authorities, and countries need to

The Toronto Star | Olga Kharif | March 17, 2020 Crypto entrepreneurs Tyler and Cameron Winklevoss are launching a marketplace for nifties, the tradable digital art that can sell for thousands of dollars. Nifty Gateway, a startup that the Winklevoss’s Gemini Trust Co. bought last year, is debuting a website Tuesday where consumers will be

The Republican-led U.S. Senate scrambled on Saturday to forge a bipartisan agreement on a $1 trillion-plus bill aimed at stemming the economic fallout from the growing coronavirus outbreak, as talks neared a deadline for drafting and passing the legislation.

As coronavirus cases ballooned in Europe, several countries imposed or planned new restrictions to try to curb the spread. Britain told panic-buyers to calm down. California and three other U.S. states directed tens of millions of people to stay at home.

Amazon.com will stop shipping non-essential products to consumers in Italy and France, the company said on Saturday, representing an escalation in the e-commerce giant's response in regions hard hit by the coronavirus outbreak.

Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, according to a filing with the U.S. securities regulator.

Chief executives of major U.S. airlines were reaching out to key members of Congress on Saturday in a last-ditch uphill effort to try to win cash grants to weather the coronavirus crisis, warning that the consequences if they did not receive help could be dire, two people briefed on the calls said.

Emirates is suspending flights to cities including New York, Delhi and Melbourne due to the coronavirus outbreak that has severely hit travel demand.

Agitating bondholders have written to Argentina's government, accusing it of not doing enough to allow the country's crucial debt restructuring negotiations to make progress, according to bondholder sources involved in the process.

Britain's listed companies should not publish preliminary financial statements for at least two weeks to better assess how the coronavirus epidemic is affecting their business, the Financial Conduct Authority said on Saturday.

Volkswagen AG CEO Herbert Diess on Saturday warned that the coronavirus crisis may force the company to keep its factories shut for longer than initially planned.

As the United States is combating a shortage of ventilators and respirators amid the coronavirus outbreak, Tesla Chief Executive Officer Elon Musk said he has had a discussion about ventilators with medical device maker Medtronic.

Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak.

A last-ditch effort by the chief executives of major U.S. airlines to try to win cash grants to weather the coronavirus crisis looked to be unsuccessful, four congressional aides and airline officials said late Saturday.