Latest News on private equity markets

Oil slammed as investors flee after Russia rejects steep OPEC cut

Brent suffered its biggest one-day loss in more than 11 years on Friday after Russia balked at OPEC's proposed steep production cuts to stabilize prices as the coronavirus outbreak slows the global economy and hurts energy demand.



5 years ago

Mastercard shuts Sao Paulo office, NY site after employee diagnosed with coronavirus

Mastercard Inc closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee was diagnosed with coronavirus.



5 years ago

In Canada, doctors broadened coronavirus testing, and made an unlikely save

Canada's official guidance on the novel coronavirus has been to test patients who recently traveled to affected areas, but some doctors and hospitals have expanded testing on their own, finding the first in a series of patients linked to Iran before the scale of the Iranian outbreak was known.



5 years ago

Coronavirus concerns pummel major indexes as investors flee to bonds

U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.



5 years ago

France to close schools in areas worst hit by coronavirus for 15 days

France will close nurseries and schools for 15 days from Monday in the two areas most hit by coronavirus infections, one north of Paris and the other in the northeastern part of the country, its prime minister said on Friday.



5 years ago

Iraq reports eight new coronavirus cases: state news agency

Iraq reported eight new coronavirus cases on Friday, 5 in Baghdad, 2 in Sulaimaniya and one case in Karbala, state news agency reported quoting health ministry.



5 years ago

U.N. cancels some meetings ahead of climate summit due to coronavirus

The United Nations has canceled some meetings in Bonn, Germany, and elsewhere planned in the run-up to a crucial U.N. climate summit to be held in Glasgow, Scotland, in November due to the coronavirus outbreak, an official said on Friday.



5 years ago

Iraq death toll by coronavirus rises to three: state news agency

Iraq reported a death by coronavirus in the city of Karbala, bringing total death count by coronavirus to three in the country, state news agency reported on Friday.



5 years ago

Colombia confirms its first case of coronavirus

Colombia confirmed its first case of coronavirus on Friday, joining other South American countries that have reported cases of the fast-spreading disease.



5 years ago

Tesla CEO Elon Musk tweets that 'coronavirus panic is dumb'

Tesla Inc's Chief Executive Officer Elon Musk tweeted on Friday that the coronavirus "panic" was "dumb".



5 years ago

Standard U.S. economic weapons may be inadequate for coronavirus crisis

As the risks of the coronavirus outbreak continue to rise, U.S. officials are wrestling with what to do in the worst-case economic scenarios, if large numbers of people can't go to work, are told to stay home, or stop going out in public entirely.



5 years ago

U.S. FAA proposes fining Boeing $19.7 million over 737 airplane sensors

The Federal Aviation Administration on Friday proposed fining Boeing Co $19.7 million for allegedly installing equipment on hundreds of 737 aircraft containing sensors that were not approved for that equipment.



5 years ago

Oil takes biggest daily dive in over a decade as Russia, OPEC split

Brent slid to its biggest daily loss in more than 11 years on Friday after Russia balked at OPEC's proposed steep production cuts to stabilize prices hit by economic fallout from the coronavirus, and OPEC responded by removing limits on its own production.



5 years ago

UAE discovers 15 new coronavirus cases: ministry of health

United Arab Emirates discovered late on Friday 15 new coronavirus cases, the health ministry announced in a statement.



5 years ago

Costa Rica confirms first coronavirus case in Central America

Costa Rica's government on Friday said it confirmed its first case of coronavirus, in a 49-year-old woman from the United States who is in the Central American nation with her husband.



5 years ago