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Latest News on private equity markets

Kuwait will operate a flight to Thailand to evacuate its citizens

Kuwait Airways will operate a flight to Thailand's capital, Bangkok, to evacuate Kuwaiti citizens there, the information ministry said on Twitter on Friday.



4 years ago

Swiss anti-viral ban on large events hits Geneva car show head-on

Switzerland on Friday banned large events expected to draw more than 1,000 people in a drive to curb the new coronavirus epidemic, prompting cancellation of the Geneva car show and grumbling from businesses watching demand vanish.



4 years ago

Take Five: The virus data fog

We'll soon get the first proper glimpse at the economic damage the coronavirus is inflicting. China's official Purchasing Managers' Index is due on Saturday, and is expected to show the sharpest manufacturing contraction since the 2008 global financial crisis.



4 years ago

The five things every first-time business owner needs to know before getting started

When starting a business, it is critical to have five things to help get a headstart on success: a formal plan, the right partners, and a handle on spending, customers and marketing.

4 years ago

Going viral: Six charts and the $6 trillion loss

The rapid worldwide spread of coronavirus and the economic implications of the outbreak have triggered the biggest weekly stock market rout since the 2008 financial crisis, wiping $6 trillion off global equities.



4 years ago

Bullard: Market pricing will not dictate rate cut, Fed policymakers will monitor events up to March FOMC

The Federal Reserve does not need to cut U.S. interest rates just because markets have priced in aggressive central bank action, but policymakers will be monitoring events closely up to the upcoming March 17-18 meeting, St. Louis Federal Reserve bank president James Bullard said on Friday.



4 years ago

Trafigura forms venture with Phillips 66 for deepwater Texas oil port

Global commodities trader Trafigura said on Friday it had formed a joint venture with U.S. refiner Phillips 66 to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project.



4 years ago

This corner of Wall Street is making a killing for JPMorgan and Goldman as the stock market tanks

The action echoed the so-called "volpocalypse" of February 2018, when calm in markets was shattered with an historic surge in volatility.

4 years ago

Sanders proposal to raise these taxes could hit start-up workers

A new bill from Bernie Sanders, co-sponsored by Sen. Chris Van Hollen, D-Md., takes aim at executive compensation plans. Employees at start-ups who receive equity shares could get caught in the crossfire.

4 years ago

Wall Street eyes worst week since financial crisis on pandemic fears

Wall Street's main indexes were on track for their worst week since the 2008 global financial crisis on Friday as the selloff deepened on fears that the fast-spreading coronavirus could lead to a recession.



4 years ago

U.S. regulators to rate new auto tech, but Europe leads in safety testing

Autopilot, Super Cruise and Drive Pilot are different names given to technology that automates steering and braking in a growing number of vehicles, but none of it can safely "pilot" cars without regular human intervention.



4 years ago

Kuwait to check visiting ships for coronavirus, evacuate citizens from Thailand

Kuwait will check visiting ships for the new coronavirus before allowing them to dock and require crew members to stay on board as part of measures to prevent the spread of the disease, state news agency KUNA said.



4 years ago

SoftBank communications chief Gary Ginsberg takes leave to aid Bloomberg campaign: sources

Gary Ginsberg, the global head of communications for SoftBank Group Corp , has taken an indefinite leave of absence to advise Michael Bloomberg's U.S. presidential campaign, people familiar with the matter said on Friday.



4 years ago

GM to add 1,200 jobs at Michigan plants to meet SUV demand

No. 1 U.S. automaker General Motors Co said on Friday it plans to add more than 1,200 jobs at its Lansing plants in Michigan to meet growing demand for its SUVs.



4 years ago

Oil prices sink to lowest in more than a year

Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, set for their steepest weekly fall since 2016 as the global spread of the coronavirus stokes demand fears.



4 years ago