Latest News on private equity markets

Iran security forces to empty city streets to fight coronavirus

Iran security forces to empty city streets to fight coronavirus

Security forces will empty the streets of cities across Iran in the next 24 hours in a drive to fight the spread of the new coronavirus, state television reported on Friday.



6 years ago
Major U.S. internet firms agree not to cancel service over next 60 days: FCC

Major U.S. internet firms agree not to cancel service over next 60 days: FCC

The Federal Communications Commission said Friday that major internet providers - including Comcast Corp, AT&T Inc and Verizon Communications Inc - agreed not to terminate service for subscribers for the next 60 days if they are unable to pay their bills due to disruptions caused by the coronavirus.



6 years ago
Canada's Trudeau to be in isolation after wife tests positive for coronavirus

Canada's Trudeau to be in isolation after wife tests positive for coronavirus

Canadian Prime Minister Justin Trudeau will be in isolation for two weeks after his wife, Sophie, tested positive for coronavirus on Thursday, and the outbreak prompted the province of Ontario to shutter schools to limit the spread.



6 years ago
Brent crude set for biggest weekly drop in nearly three decades

Brent crude set for biggest weekly drop in nearly three decades

Oil prices were lower on Friday, with Brent crude on track for its biggest weekly slide in nearly three decades as the coronavirus outbreak threatened the global economy and Saudi Arabia stepped up plans to flood markets with more crude oil.



6 years ago
Coronavirus weighs on U.S. consumer sentiment in early February

Coronavirus weighs on U.S. consumer sentiment in early February

U.S. consumer sentiment fell less than expected in early March as households responded to the coronavirus pandemic and a sharp stock market sell-off, but also hoped that any disruptions to economic activity would be temporary.



6 years ago
U.S. Treasury chief dashes hopes for broad tariff cut to fight coronavirus

U.S. Treasury chief dashes hopes for broad tariff cut to fight coronavirus

The Trump administration is not considering broad relief from import tariffs on Chinese goods to ease economic pain from the coronavirus, U.S. Treasury Secretary Steven Mnuchin said on Friday, dashing the hopes of industry and some lawmakers.



6 years ago
SoftBank unveils $4.8 billion buyback after stock tumble, Elliott backs move

SoftBank unveils $4.8 billion buyback after stock tumble, Elliott backs move

SoftBank Group Corp is buying back up to $4.8 billion of its shares after their recent slump, a move that partially met the demand of activist fund Elliott Management but failed to soothe investors panicking from the coronavirus pandemic.



6 years ago
Musk trial over Tesla-Solarcity deal postponed due to coronavirus outbreak

Musk trial over Tesla-Solarcity deal postponed due to coronavirus outbreak

Monday's trial over shareholder accusations that Telsa Inc Chief Executive Elon Musk pushed the electric vehicle maker to buy an allegedly worthless SolarCity for $2.2 billion to benefit himself has postponed without a new date being set, a spokesman at Delaware's Court of Chancery said on Friday.



6 years ago
Lufthansa to apply for German state aid - Handelsblatt

Lufthansa to apply for German state aid - Handelsblatt

German flagship carrier Lufthansa said on Friday it is planning to request state aid from several European governments to weather the fallout from the coronavirus outbreak.



6 years ago
Icahn reveals his biggest short position amid market turmoil: Commercial real estate

Icahn reveals his biggest short position amid market turmoil: Commercial real estate

Billionaire investor Carl Icahn told CNBC's Halftime Report on Friday that his largest short position is in commercial real estate.

6 years ago
After initial grief, new widows must reexamine their finances

After initial grief, new widows must reexamine their finances

Women who have been widowed must reexamine their finances as soon as they are mentally and emotionally able. A frank review of income sources and expenses, as well as their own estate plan, is important.

6 years ago
There are some good reasons to check your homeowners insurance heading into spring

There are some good reasons to check your homeowners insurance heading into spring

With various weather events wreaking havoc around the U.S. — often in places unaccustomed to them — experts recommend that you review your own homeowners insurance in case Mother Nature's fury reaches you.

6 years ago
Are You Ready to Raise a Seed Round?

Are You Ready to Raise a Seed Round?

If you need financial support for your startup, a seed round raise might be your next step. Consider your goals and how to accomplish them before you start your first raise. Continue reading

6 years ago
British Airways to ground aircraft, cut staff to tackle unprecedented crisis

British Airways to ground aircraft, cut staff to tackle unprecedented crisis

The head of British Airways said coronavirus was causing an unprecedented crisis, warning that aircraft would be parked like never before and staff laid off, in a hard-hitting staff message to address "the worsening situation".



6 years ago
Canada may soon advise against foreign travel - PM Trudeau

Canada may soon advise against foreign travel - PM Trudeau

Canada may soon advise against non-essential foreign travel, and it will be taking a number of new measures at airports in a bid to slow the spread of coronavirus, Prime Minister Justin Trudeau said on Friday.



6 years ago