Latest News on private equity markets

How a gift certificate is helping small businesses crushed by the coronavirus

How a gift certificate is helping small businesses crushed by the coronavirus

To help small businesses survive the coronavirus economic shock, online lender Kabbage created a platform where shoppers can buy a gift certificate now to be redeemed in-store later.

6 years ago
Latin American airlines slash flights, salaries in response to coronavirus

Latin American airlines slash flights, salaries in response to coronavirus

Latin America's major airlines sharply curtailed international flights on Thursday because of the coronavirus outbreak as Panama and Colombia imposed month-long travel bans and the largest carrier cut the salaries of 43,000 employees.



6 years ago
Asia shares seek calm, dollar rush causing stress

Asia shares seek calm, dollar rush causing stress

Asian shares sought a reprieve on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though a panicked rush into U.S. dollars suggested the crisis was far from done.



6 years ago
U.S. conglomerates see borrowing costs spike

U.S. conglomerates see borrowing costs spike

Walt Disney Co , JPMorgan Chase & Co and United Parcel Service Inc were among seven major U.S. companies that accepted a big rise in their borrowing costs to issue bonds on Thursday, as the coronavirus outbreak roiled credit markets.



6 years ago
Bank of America says customers impacted by coronavirus may be able to defer mortgage payments

Bank of America says customers impacted by coronavirus may be able to defer mortgage payments

The bank said it will deal with giving relief in each situation on a 'case-by-case' basis.

6 years ago
China asks airlines to cut international flights, redirects some due to virus

China asks airlines to cut international flights, redirects some due to virus

China's aviation regulator has asked airlines to cut international flights and ordered some Beijing ones to be rerouted, as the country grapples with a rising number of imported coronavirus cases, especially in the capital.



6 years ago
Boeing eyes production pause as virus spreads: sources

Boeing eyes production pause as virus spreads: sources

Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by European rival Airbus SE .



6 years ago
Renault board to meet, discuss coronavirus crisis: sources

Renault board to meet, discuss coronavirus crisis: sources

The board of French carmaker Renault will meet on Friday to discuss the coronavirus outbreak and its effect on operations, three sources close to the company said.



6 years ago
Fast food chains easing rent, fees for franchisees amid coronavirus

Fast food chains easing rent, fees for franchisees amid coronavirus

Dunkin' Brands Group Inc on Thursday said it will ease royalty and advertising fee payments for franchisees in the United States and Canada, while McDonald's Corp is in talks to reduce some payments for franchisees.



6 years ago
'How did things end up like this?' America's newly unemployed grapple with coronavirus fallout

'How did things end up like this?' America's newly unemployed grapple with coronavirus fallout

By Barbara Goldberg, Nate Raymond, Jessica Resnick-Ault and Lucy Nicholson



6 years ago
Tesla suspends production at U.S. vehicle factory due to coronavirus

Tesla suspends production at U.S. vehicle factory due to coronavirus

Tesla Inc on Thursday ended a standoff with local California authorities concerned about the spread of the coronavirus, saying it will suspend production at its San Francisco Bay Area vehicle factory on March 24.



6 years ago
For U.S. small restaurants, coronavirus impact is swift and brutal

For U.S. small restaurants, coronavirus impact is swift and brutal

On St. Patrick's Day last year, Amy and Chris Hillyard marked the 30th anniversary of Farley's, their pair of cafes in San Francisco and Oakland, California, with live bagpipes and noisy crowds.



6 years ago
These 2 charts show copper prices could fall further — and the global economy too

These 2 charts show copper prices could fall further — and the global economy too

Copper prices have crashed in recent days amid growing panic over the impact of the coronavirus, and the metal's reputation as a barometer for the global economy means analysts are looking to see if it has further to fall.

6 years ago
Governments offer financial lifelines to airlines, at a price

Governments offer financial lifelines to airlines, at a price

Shattered airlines were left counting the cost of government support as politicians in the United States and New Zealand set out conditions for bailouts needed to absorb the shock of coronavirus.



6 years ago
Panama, Colombia ban international flights as LATAM Airlines halves wages

Panama, Colombia ban international flights as LATAM Airlines halves wages

Latin America's largest carrier on Thursday cut the salaries of its 43,000 workers as Panama and Colombia imposed the toughest regional travel bans yet - a month of no international travel - to weather the coronavirus crisis.



6 years ago