Latest News on private equity markets

Global stocks outlook still positive, but vulnerable to coronavirus: Reuters poll

Global stocks have further to run this year, but the likelihood of a correction of 10% or more is high, according to Reuters polls of market strategists, with the severity of the economic hit from the coronavirus outbreak being the biggest risk.



6 years ago

Exclusive: IMF, World Bank consider 'virtual' Spring Meetings as virus spreads

Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference, people familiar with the discussions said on Wednesday.



6 years ago

Apple investor vote sounds 'warning' over China app takedowns

An Apple Inc shareholder proposal critical of the company's app removals in China received a relatively high level of support at the iPhone maker's annual meeting on Wednesday, enough to push the company to respond, experts said.



6 years ago

Canada mulling made-in-Ottawa supplement to Boeing's 737 MAX flight manual

Transport Canada is mulling a Canadian supplement to the Boeing 737 MAX's U.S.-developed flight manual, as the regulator weighs going beyond steps taken by the Federal Aviation Administration (FAA) to end a global grounding of the model after two fatal crashes.



6 years ago

Oil falls for fifth day as coronavirus spreads outside of China

Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global economy will slow and lower crude demand.



6 years ago

Hyundai to decide hydrogen fuel-cell factory location this year - exec

Hyundai Motor Co and its affiliates are ready to decide the location of a new hydrogen fuel-cell system factory this year, which could be in South Korea or overseas, an executive said on Wednesday.



6 years ago

JPMorgan names veteran Gori as new Asia Pacific chief executive

JPMorgan Chase & Co on Thursday named veteran Filippo Gori as its new Asia Pacific chief executive officer to oversee strategy and operations of the Wall Street bank across 17 markets in the region.



6 years ago

Asian stocks slide deeper as pandemic fears grow

Oil and Asian share markets extended losses on Thursday as the rapid global spread of the coronavirus kept investors on edge and seeking safety in gold and bonds.



6 years ago

China's CATL aims to raise $2.85 billion for EV battery projects

CATL , China's top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital.



6 years ago

StanChart annual profit rises 46%, misses estimates

Standard Chartered on Thursday posted a 45.5% rise in annual profit, weathering the economic fallout from global trade tensions and political protests in Hong Kong with revenue growth in its main markets.



6 years ago

Oil falls for fifth day on demand concerns as coronavirus spreads

Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China fuelled fears of a pandemic which could slow the global economy and lower crude demand.



6 years ago

Blackstone's Joe Zidle says now is not the time to buy stocks, predicts 'more downside volatility'

Joseph Zidle said on "Fast Money" that the coronavirus outbreak will lead to "mini rolling recessions" around the world.

6 years ago

U.S. labor board limits companies' liability for franchisee labor-law violations

A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and contractors, reversing a more worker-friendly Obama-era standard criticized by business groups.



6 years ago

This underfunded female demographic is launching the most start-ups in America, far from Silicon Valley

Despite the lack of capital, black women are starting businesses at the fastest clip of any racial group, according to research by American Express. Since 2007, the number of firms owned by African-American women has grown by 164%.

6 years ago

Oil slips for 3rd day as virus fears outweigh supply cuts

Oil slipped towards $56 a barrel on Tuesday, falling for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.



6 years ago