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Latest News on private equity markets

JPMorgan CEO Jamie Dimon undergoes emergency heart surgery

JPMorgan Chase & Co Chief Executive Jamie Dimon had emergency heart surgery to treat an aortic dissection on Thursday morning and is "recovering well," the bank said on Thursday.



4 years ago

China first-quarter economic hit from coronavirus looking more severe: Reuters poll

The coronavirus likely halved China's economic growth in the current quarter compared with the previous three months, more severe than thought just three weeks ago and triggering expectations for earlier interest rate cuts, a Reuters poll found.



4 years ago

Trump says U.S. economy could take hit from coronavirus

President Donald Trump said on Thursday the U.S. economy might take a hit from the coronavirus outbreak but predicted the challenge would eventually pass and defended his handling of the crisis.



4 years ago

Stock sell-off rolls to Asia, bonds rally on virus risk

Asian shares fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged world economic slowdown.



4 years ago

Oil slips amid demand concern, fears over OPEC+ deal for deeper output cuts

Oil slid on Friday as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers not yet having agreed to cut output further to support prices.



4 years ago

Stocks suffer, Treasury yields plumb new depths as virus spreads

Asian shares and U.S. stock futures fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged world economic slowdown.



4 years ago

JPMorgan CEO Jamie Dimon recovering after emergency heart surgery

JPMorgan Chase & Co CEO and Chairman Jamie Dimon is recovering from emergency heart surgery done on Thursday morning, with two deputies taking over as he recuperates, the largest U.S. bank said.



4 years ago

Probe panel on Kansai Elec's graft scandal to report findings on March 14

An independent committee investigating a graft scandal at Kansai Electric Power Co , Japan's second-largest utility, will release its findings on March 14, a representative of the committee said on Friday.



4 years ago

South Korea, Japan to hold export control talks via teleconference, Jiji says

South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday, reflecting the widening impact of the coronavirus outbreak.



4 years ago

HSBC sends home 100 London staff, confirms China coronavirus case

HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at a major company in Europe's main financial hub.



4 years ago

Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.

4 years ago

Hugo Boss sees coronavirus hit to sales spreading from Asia

German fashion house Hugo Boss warned on Thursday that the coronavirus will have a significant impact on its first-quarter results, with sales falling particularly in Asia, but also in other key markets.



4 years ago

ProSieben's e-commerce arm buys Meet Group for $500 million

ProSiebenSat.1 Media said on Thursday its e-commerce arm NuCom would buy U.S. dating app developer Meet Group Inc , as the German broadcaster doubles down on digital growth to offset its declining commercial TV franchise.



4 years ago

Apple, Netflix pull out of South by Southwest festival amid coronavirus outbreak

Apple Inc and Netflix Inc said they were pulling out of the South by Southwest music and tech festival to be held later this month, amid the coronavirus outbreak.



4 years ago

Facebook confirms contractor in Seattle diagnosed with coronavirus

Facebook Inc on Thursday confirmed that a contractor at a Seattle office has been diagnosed with the coronavirus and the social media giant said it would close that location until March 9.



4 years ago