Latest News on private equity markets

Partisan divide returns in U.S. Congress on coronavirus next steps

Partisan divide returns in U.S. Congress on coronavirus next steps

Fresh partisan divisions flared on Sunday on the next steps for the U.S. Congress in dealing with the coronavirus crisis, with the top House of Representatives Republican casting doubt on the need for more economic stimulus legislation while House Speaker Nancy Pelosi signaled she plans to move forward with it.



6 years ago
The U.S. weighs the grim math of death vs. the economy

The U.S. weighs the grim math of death vs. the economy

Hollstadt Consulting CEO Molly Jungbauer has had to let go 30 of the 150 employees at her St. Paul, Minnesota firm to weather the drop in revenue from travel industry clients because of the coronavirus.



6 years ago
New Orleans doctors scramble as coronavirus deaths, cases soar

New Orleans doctors scramble as coronavirus deaths, cases soar

Emergency room doctor Thomas Krajewski stopped at the hospital room door at 2 a.m. to glance at the chart. He knew instantly the long odds faced by the patient inside: A man in his 70s, with a fever, short of breath.



6 years ago
Asia shares under threat as futures fall early

Asia shares under threat as futures fall early

Asian share markets looked set for a rocky start on Monday as U.S. stock futures took an early spill amid fears the global shutdown for the coronavirus could last for months, doing untold harm to economies.



6 years ago
Graphic: Three months that shook global markets

Graphic: Three months that shook global markets

How much damage has the coronavirus and the oil price collapse inflicted on global financial markets this year? Put simply, it has probably been the most destructive sell-off since the Great Depression.



6 years ago
Coronavirus worries and strife: Investors fear markets not out of woods despite big rally

Coronavirus worries and strife: Investors fear markets not out of woods despite big rally

After a brutal meltdown, some investors have been wading back into U.S. stocks. But others are wary of another leg down as the coronavirus spreads and its economic impact is difficult to predict.



6 years ago
Trump's attack on GM over ventilators quickly turns to praise

Trump's attack on GM over ventilators quickly turns to praise

President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker.



6 years ago
UK fintech community comes together to build Covid Credit and let sole traders self-certify lost income

UK fintech community comes together to build Covid Credit and let sole traders self-certify lost income

TechCrunch | Steve O'Hear | March 24, 2020 It all started with a tweet from 11:FS co-founder Simon Taylor. If the U.K. government could be persuaded to provide financial support to the self-employed during the Coronavirus crisis, as it has already pledged for full-time employees, then Open Banking technology could be used to self-certify lost

6 years ago
Three months that shook global markets

Three months that shook global markets

How much damage has the coronavirus and the oil price collapse inflicted on global financial markets this year? Put simply, it has probably been the most destructive sell-off since the Great Depression.



6 years ago
'Blast from the past': Some drive-in movie theaters are making a comeback amid coronavirus

'Blast from the past': Some drive-in movie theaters are making a comeback amid coronavirus

Some drive-in movie theaters are seeing a boom amid the coronavirus. Whether it evolves into a big summer season for the nostalgic venues remains uncertain.

6 years ago
Chanel turns its workshops to making face masks as coronavirus spreads

Chanel turns its workshops to making face masks as coronavirus spreads

Luxury fashion group Chanel said on Sunday it would launch production of face masks to help bolster supplies in France, as the coronavirus sweeps across the country.



6 years ago
Governments, central banks must boost efforts to help economies cope with crisis: BIS chief

Governments, central banks must boost efforts to help economies cope with crisis: BIS chief

Governments and central banks need to step up efforts urgently to support their economies in the face of the coronavirus crisis, the head of the Bank for International Settlements said on Sunday.



6 years ago
Major airlines urge U.S. Treasury to disburse assistance quickly

Major airlines urge U.S. Treasury to disburse assistance quickly

Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money.



6 years ago
Colleges extend decision deadline due to coronavirus as new students reconsider

Colleges extend decision deadline due to coronavirus as new students reconsider

As the coronavirus outbreak upsets schools and the health and safety of communities and families, college-bound students struggle to decide their fate come fall.

6 years ago
Exclusive: Qatar Airways says it will need state support as cash runs out

Exclusive: Qatar Airways says it will need state support as cash runs out

Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning that the Middle East carrier could soon run out of the cash needed to continue flying.



6 years ago