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Latest News on private equity markets

Two more NYSE floor traders test positive for coronavirus: memo

At least two more New York Stock Exchange floor traders tested positive for the coronavirus on Tuesday despite measures taken to prevent people infected by the virus from entering the exchange while it remained physically open last week, according to a memo seen by Reuters.



4 years ago

Exclusive: Boeing plans 737 MAX production restart by May - sources

Boeing Co plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter said on Tuesday.



4 years ago

Qantas shares soar on financing deal as rivals cut more capacity

Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, as airlines in the Asia-Pacific region sliced away capacity and jobs.



4 years ago

Oil ekes out gains as U.S. stimulus hopes lift global markets

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package to stem the economic impact of the coronavirus pandemic.



4 years ago

U.S. automakers to extend shutdown into April: sources

Detroit's Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed on the matter said Tuesday.



4 years ago

Asia rides Wall Street surge as investors place hopes on U.S. stimulus

Asian shares extended their rally on Wednesday in the wake of Wall Street's massive rebound as the U.S. Congress appeared closer to passing a $2 trillion stimulus package to mitigate the economic blow from the coronavirus pandemic.



4 years ago

Mexican referendum rejects U.S. Modelo brewer in new investment blow

The Mexican government said on Monday that local residents voted by about 76% to reject the completion of a more than $1 billion brewery under construction by Constellation Brands Inc , a development likely to further shake investor confidence.



4 years ago

What's in the nearly $2 trillion U.S. Senate coronavirus stimulus

The U.S. Senate on Monday was negotiating a nearly $2 trillion emergency bill that aims to stem some of the economic toll of the coronavirus pandemic.



4 years ago

Uber appoints former Mattel CEO Robert Eckert to board

Uber Technologies Inc said on Monday it had appointed consumer industry veteran Robert Eckert to its board as an independent director.



4 years ago

Explainer: How the Fed's latest move will get money to Main Street

The U.S. Federal Reserve said on Monday it would backstop an unprecedented range of credit for households, small businesses and major employers in an attempt to stop the economy from sliding into depression as the coronavirus spreads.



4 years ago

Some U.S. wealth advisers tell clients to stay put as markets fall

The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even increase their equity exposure if they have at least 10 years until retirement.



4 years ago

Bombardier to suspend business jet production in Canada over coronavirus: source

Bombardier is suspending Canadian production of its corporate jets to comply with restrictions placed by provincial governments aimed at curbing the spread of the coronavirus, a source familiar with the matter said on Monday.



4 years ago

Fast food closures sweep U.K., as even drive-thrus deemed unsafe

McDonald's Corp, Yum! Brands Inc's KFC fried chicken chain, Coca-Cola Co unit Costa Coffee and Subway sandwich shops were among restaurants that shuttered all locations in the United Kingdom and Ireland by the end of Monday to help slow the spread of the coronavirus.



4 years ago

Crude oil futures rise, but support seen weak

U.S. crude oil futures climbed nearly 3% on Tuesday in light trading as the Trump administration launched an effort to work with Saudi Arabia to stabilise oil prices.



4 years ago

Neiman Marcus in bankruptcy talks with lenders: Bloomberg Law

Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease its $4.3 billion debt load, Bloomberg reported on Monday, citing people familiar with the matter.



4 years ago