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Latest News on private equity markets

$14M Bitcoin Fund Gets Listed on Toronto Stock Exchange

Coindesk via yahoo finance | Paddy Baker | April 9, 2020 Canadian investment manager 3iQ said The Bitcoin Fund, for which it originally filed a prospectus back in October, began trading on the TSX on Thursday. The fund works along the same lines as an exchange-traded product (ETP): investors purchase shares in the fund and

4 years ago

Fed studying if new facility for small business loans might be opened to non-bank lenders

The Federal Reserve may expand a program to back Small Business Administration loans to include non-bank lenders as a way to help speed distribution of $350 billion in loans considered critical to helping the smallest firms through the coronavirus crisis.



4 years ago

U.S. railroads push against oil industry demands for storage in rail cars

Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to safety concerns, sources said, even as the number of places available to stockpile oil is rapidly dwindling.



4 years ago

Oil rises 4% as OPEC+ works on output cut deal

Oil prices gained nearly 4% on Thursday, but pulled back from an earlier surge as investors waited for details on negotiations between top producers hammering out an agreement for record supply cuts in response to the global fuel demand collapse due to the coronavirus pandemic.



4 years ago

As fever checks become the norm in coronavirus era, demand for thermal cameras soars

The makers of specialized cameras to quickly scan for fevers as people enter crowded workplaces are grappling with soaring demand while confronting supply disruptions, forcing some to prioritize customers such as hospitals, executives told Reuters.



4 years ago

Global stocks jump on Fed stimulus, oil pulls back from earlier surge

Global equity benchmarks moved higher on Thursday following signs of some success by governments and central banks which have taken additional steps to bolster their economies during the COVID-19 pandemic, while oil prices pulled back from an earlier surge.



4 years ago

Oil gives up gains even as OPEC+ hammers out supply-cut deal

Oil prices dipped on Thursday, giving back an earlier 10% surge as investors awaited details on a massive OPEC supply-cut agreement in response to the global fuel demand collapse due to the coronavirus pandemic.



4 years ago

EasyJet to defer delivery of 24 Airbus planes, hold shareholder meeting

British airline easyJet on Thursday said it would defer the delivery of 24 Airbus jets and hold a shareholder meeting after the airline's founder Stelios Haji-Ioannou stepped up a disagreement over the airline's expansion plans.



4 years ago

Uber to give drivers millions of face masks to battle coronavirus

Uber Technologies Inc on Thursday said it plans to ship millions of face masks to its active drivers and food delivery people around the world to help prevent the spread of the novel coronavirus.



4 years ago

U.S. jobless claims exceed six million for second week in a row

A staggering 16.8 million Americans have filed for unemployment benefits in the last three weeks, with weekly new claims topping 6 million for the second straight time last week as the novel coronavirus outbreak relentlessly savages the economy.



4 years ago

Airbus's landmark jet output cut faces crucial test

Airbus's decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it began competing toe-to-toe with Boeing almost 20 years ago.



4 years ago

Explainer: Next from the Fed - Help for Main Street

The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could raise cash as they usually do through large capital markets.



4 years ago

Morgan Stanley CEO diagnosed with coronavirus in March, since recovered -bank video

Morgan Stanley Chief Executive Officer James Gorman was diagnosed as being infected by the novel coronavirus after first experiencing symptoms nearly a month ago and has fully recovered, according to a video that was sent to the bank's employees on Thursday.



4 years ago

Oil slumps, investors say OPEC supply cuts won't be enough

Oil prices slumped on Thursday, giving back an earlier 10% surge as investors doubted the emerging supply-cut agreement between members of OPEC and its allies would adequately address the global fuel demand collapse caused by the coronavirus pandemic.



4 years ago

Dollar drops after Fed launches new loan program, curbing safety bids

The dollar dropped broadly on Thursday after the Federal Reserve rolled out a $2.3 trillion effort to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S. economy intact as the country battles the coronavirus pandemic.



4 years ago