Latest News on private equity markets

Mexico's President says will comply with public vote to halt brewery project

Mexico's President says will comply with public vote to halt brewery project

Mexico's President Andres Manuel Lopez Obrador on Saturday said his government will comply with a public consultation to halt the construction of U.S. brewer Constellation Brands Inc's more than $1 billion brewery project in the border city of Mexicali.



6 years ago
Six messages to reassure kids when COVID-19 hits your family financially

Six messages to reassure kids when COVID-19 hits your family financially

When coronavirus impacts a family's finances, money discussions are more important than ever — to keep kids informed and reassured.

6 years ago
This Uber driver made $600 a week before the coronavirus outbreak — now he makes $0

This Uber driver made $600 a week before the coronavirus outbreak — now he makes $0

As the coronavirus pandemic shuts down businesses and forces people to stay home, many ride share drivers for Uber and Lyft have watched income come to a halt.

6 years ago
Stock futures fall after strong three-day rally as virus threat continues

Stock futures fall after strong three-day rally as virus threat continues

U.S. stock index futures fell on Friday, a day after the S&P 500 and Dow posted their best three-day run since the 1930s, as the United States faced the prospect of becoming the next global epicenter of the coronavirus pandemic.



6 years ago
Ferrari extends Italian plant closures to April 14 subject to supplies

Ferrari extends Italian plant closures to April 14 subject to supplies

Luxury carmaker Ferrari said on Friday it would extend the shutdown of its two Italian plants and reopen on April 14, provided it had supplies, and update 2020 forecasts in May when it releases its first-quarter earnings.



6 years ago
European shares fall as investors take stock of spreading virus

European shares fall as investors take stock of spreading virus

European stocks fell on Friday, halting their biggest ever three-day rally in a sign investors were focusing once more on the spread of the coronavirus pandemic despite hopes for further stimulus measures to combat its economic impact.



6 years ago
Alitalia asks to put more workers under layoff scheme-document

Alitalia asks to put more workers under layoff scheme-document

Alitalia's administrator has asked the Italian government to increase the number of employees under temporary lay-off scheme to nearly 7,000, a document showed, to help mitigate the impact the coronavirus outbreak had on the airline and the wider sector.



6 years ago
Morgan Stanley receives approval for majority stake in China venture: sources

Morgan Stanley receives approval for majority stake in China venture: sources

Morgan Stanley has received regulatory approval to take a majority stake in its China securities joint venture, people with knowledge of the matter said, as Beijing opens up the financial sector to foreigners.



6 years ago
Futures fall after strong three-day rally as virus threat continues

Futures fall after strong three-day rally as virus threat continues

U.S. stock index futures fell on Friday, a day after the S&P 500 and Dow posted their best three-day run since the 1930s, as the United States faced the prospect of becoming the next global epicenter of the coronavirus pandemic.



6 years ago
Volkswagen urges ECB to buy short-term debt to stabilize markets: FT

Volkswagen urges ECB to buy short-term debt to stabilize markets: FT

Volkswagen's chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday.



6 years ago
Asia stocks ride stimulus hopes higher but dollar left behind

Asia stocks ride stimulus hopes higher but dollar left behind

Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.



6 years ago
Oil mixed as government pledges reach $5 trillion in coronavirus chaos

Oil mixed as government pledges reach $5 trillion in coronavirus chaos

Oil prices were mixed on Friday as governments took unprecedented steps to limit the economic fallout from the coronavirus pandemic.



6 years ago
China's auto industry wastes no time coaxing drivers back to showrooms after lockdown

China's auto industry wastes no time coaxing drivers back to showrooms after lockdown

China's auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo back lockdown-weary consumers through campaigns as unusual as a makeup-promoting personality touting car leasing.



6 years ago
Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo

Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo

Toyota Motor Corp has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back of the coronavirus pandemic, Kyodo News reported on Friday.



6 years ago
Mini-bull, tired bear, or something in-between

Mini-bull, tired bear, or something in-between

Investors could be forgiven for doing a double-take: Wait, we're back in a bull market?



6 years ago