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Latest News on private equity markets

Larry Kudlow says long-term investors should 'very seriously' look at buying the dip in stocks

"If you are an investor out there and you have a long-term point of view I would suggest very seriously taking a look at the market," he said.

4 years ago

Liberian former IMF official named as deputy managing director

International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become a deputy managing director at the Fund.



4 years ago

Fed's Kaplan says unclear right now if coronavirus calls for U.S. rate change: WSJ

Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday events are still too fluid around the coronavirus outbreak to say the U.S. central bank needs to lower short-term rates, the Wall Street Journal reported on Tuesday.



4 years ago

Fiat Chrysler CEO Manley received 13.3 million euros in 2019 compensation: filing

Fiat Chrysler Automobiles NV (FCA) Chief Executive Mike Manley received compensation of 13.28 million euros ($14.45 million) for 2019, in line with a target set by the company, the Italian-American automaker said in a filing on Tuesday.



4 years ago

In first public results, Branson's Virgin Galactic posts $73 million quarterly loss

Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company.



4 years ago

U.S. trade rep Lighthizer to meet British counterpart as allies gear up for talks

U.S. Trade Representative Robert Lighthizer will meet with Britain's trade minister Liz Truss this week, British government officials said on Tuesday, as the two allies gear up for post-Brexit trade talks that could prove contentious.



4 years ago

Mallinckrodt agrees to $1.6 billion opioid settlement, unit to seek bankruptcy

Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file for bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic.



4 years ago

PG&E plans to raise up to $25.68 billion by selling securities

California power producer PG&E Corp said on Tuesday it plans to raise up to $25.68 billion by selling securities, as it works its way out of the bankruptcy process.



4 years ago

Musk's SpaceX rocket production facility approved by Port of Los Angeles

SpaceX, the private rocket company of high tech entrepreneur Elon Musk, won final approval on Tuesday to build a research and manufacturing plant for its deep-space Starship project on a tract of vacant land at the Port of Los Angeles.



4 years ago

Mattel receives SEC subpoena on whistleblower letter

Mattel Inc had received a subpoena in December from the U.S. Securities and Exchange Commission seeking documents related to a whistleblower letter and subsequent investigation, the U.S. toymaker said in a filing on Tuesday.



4 years ago

Economic contagion spreads beyond China to other Asian economies: Reuters poll

The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls found.



4 years ago

Liberian former IMF Africa chief named as deputy managing director

International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become a deputy managing director at the Fund.



4 years ago

U.S. airlines, hotels extend rebooking options as coronavirus spreads

U.S. airlines and hotels are extending options for customers to rebook travel to a growing list of countries, including Italy, as coronavirus cases spiked outside of China and sparked fears of a global pandemic.



4 years ago

Oil rises on short-covering despite growing fears over coronavirus

Crude prices edged up on Wednesday as investors covered short positions after three sessions of losses, even as fears deepened that the rapid spread of the coronavirus will lead to a global pandemic.



4 years ago

AI computing startup SambaNova raises $250 million in BlackRock-led funding

Artificial intelligence computing firm SambaNova Systems said on Tuesday it has raised $250 million in a funding round led by BlackRock Inc to expand its customer base, reflecting investors' appetite for the market.



4 years ago