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Latest News on private equity markets

Pulp friction: Border jams delay supply of toilet paper's only ingredient

As several European borders limit travel to stop the spread of COVID-19, two of the world's biggest pulp makers say transportation logjams are delaying shipments of the raw material - the only ingredient in the toilet paper that people areĀ hoarding to weather quarantines.



4 years ago

Wobbly U.S. fiscal response could deepen coronavirus recession

The U.S. government's massive effort to nurse the economy through the coronavirus crisis was billed as a send-money-and-don't-sweat-the-details flood of cash to people and businesses in a $22 trillion system that has ground to a halt.



4 years ago

Tesla to furlough workers, cut employee salaries due to coronavirus

Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S. production facilities because of the coronavirus outbreak.



4 years ago

Oil rises as markets eye OPEC, Russia meeting on output cuts

Oil rebounded on Wednesday after a two-day fall, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have crumbled amid the coronavirus pandemic.



4 years ago

Britain's Tesco says coronavirus costs could reach $1.1 billion

Britain's biggest retailer Tesco expects to take a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic and warned it was unable to give a profit forecast for this financial year.



4 years ago

UK fashion retailer ASOS raises 247 million pounds in placing

British online fashion retailer ASOS Plc said it had raised 247 million pounds ($304 million) via a placing, to help it shore up its finances in case of a prolonged business downturn from the coronavirus pandemic.



4 years ago

The latest investment strategy menaced by flailing markets: dividend stocks

A pronounced economic slump sparked by the coronavirus outbreak has imperiled a popular investment strategy: buying dividend stocks.

4 years ago

French carmaker PSA sets up fund for staff and new health check measures

French carmaker and Peugeot owner PSA announced on Wednesday the creation of a solidarity fund to help staff affected by the closures of plants due to the COVID-19 outbreak, and new steps to protect the health of its workers.



4 years ago

BAE Systems plans to raise $1.3 billion in bonds due 2030

Britain's BAE Systems is seeking to raise $1.3 billion in bonds to fund its employee benefit plans and repay debt, the company said on Wednesday, as it braced any blow from the coronavirus outbreak.



4 years ago

Dollar gains on rising coronavirus crisis concerns

The dollar firmed on Wednesday as optimism that the coronavirus crisis was slowing waned, increasing investor concerns over the economic impact of the pandemic.



4 years ago

BAE Systems to raise $1.3 billion in debt to fund pension deficit

Britain's BAE Systems is looking to raise $1.3 billion in debt to fund its pension deficit and repay related loans, the company said on Wednesday, as it prepares to deal with the fallout of the coronavirus outbreak.



4 years ago

Figure of $6.5 billion in loans for Air France KLM 'not unrealistic': minister

A figure of 6 billion euros ($6.5 billion) in loans to help Air France KLM amid the coronavirus crisis is "not unrealistic", French junior transport minister Jean-Baptiste Djebbari said on Wednesday.



4 years ago

EasyJet founder continues battle over $5.5 billion Airbus order

EasyJet founder Stelios Haji-Ioannou continued his battle to force the British airline to cancel an order for 107 Airbus planes, making a new demand on Wednesday for a shareholder vote and threatening to sue its directors.



4 years ago

Oil holds near $32 ahead of OPEC-led talks on output cuts

Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have collapsed due to the coronavirus pandemic.



4 years ago

Britain's Tesco warns coronavirus costs could top $1 billion

Britain's biggest retailer Tesco estimated a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic and warned it couldn't give profit guidance for the current financial year.



4 years ago