Latest News on private equity markets

Outspoken Tesla chief Elon Musk faces $1 billion trial, test of temperament

Outspoken Tesla chief Elon Musk faces $1 billion trial, test of temperament

Elon Musk is expected to defend a $2.2 billion deal in court next week criticized by shareholders as benefiting Musk at the expense of Tesla Inc, and the outcome may depend as much on the chief executive's temperament as on the facts of the case.



6 years ago
In China's coronavirus epicenter, just five new cases

In China's coronavirus epicenter, just five new cases

China's Wuhan city, ground zero of the new coronavirus outbreak, reported five new cases on Friday, the second day in a row the tally has been less than 10, while no locally transmitted infections were reported in the rest of the country.



6 years ago
More airlines could collapse if coronavirus crisis lasts 2-3 months - IATA chief

More airlines could collapse if coronavirus crisis lasts 2-3 months - IATA chief

If the coronavirus crisis lasts another two or three months, it could force carriers to collapse and spark more consolidation in the beleaguered airline industry, the International Air Transport Association (IATA) chief told Reuters on Friday.



6 years ago
Bulgaria bans travel to Iran, raises risk on travels to 11 countries

Bulgaria bans travel to Iran, raises risk on travels to 11 countries

Bulgaria's foreign ministry on Friday banned all travel to Iran and advised Bulgarians to cancel all non-urgent travel to Spain and South Korea in a bid to curb the spread of coronavirus.



6 years ago
North Korea had military forces on lockdown for 30 days over coronavirus - U.S. general

North Korea had military forces on lockdown for 30 days over coronavirus - U.S. general

North Korea had its military forces on lockdown for about 30 days and in one instance did not fly a plane for 24 days, even though it has not confirmed any cases of coronavirus, the head of U.S. forces in South Korea said on Friday.



6 years ago
Berkshire Hathaway makes annual meeting purely virtual

Berkshire Hathaway makes annual meeting purely virtual

Warren Buffett's Berkshire Hathaway Inc said on Friday it will hold its annual meeting as scheduled on May 2, but without shareholders in physical attendance due to the coronavirus outbreak.



6 years ago
Iran security forces to empty city streets to fight coronavirus - IRNA

Iran security forces to empty city streets to fight coronavirus - IRNA

Iran's security forces will empty the streets of its cities in the next 24 hours in a drive to fight the spread of the new coronavirus, state news agency IRNA reported on Friday.



6 years ago
Bulgaria declares state of emergency over coronavirus

Bulgaria declares state of emergency over coronavirus

The Bulgarian parliament voted unanimously on Friday to declare a state of emergency until April 13 to contain the spread of coronavirus after the number of confirmed cases in the country more than tripled to 23.



6 years ago
US should 'wait and see' on fiscal help for companies, ex-Treasury Secretary Jack Lew says

US should 'wait and see' on fiscal help for companies, ex-Treasury Secretary Jack Lew says

Lew said the corporate tax cut created by the current administration should have put most large businesses in a strong cash position.

6 years ago
Small businesses say coronavirus is starting to cause supply-chain squeezes and lost sales

Small businesses say coronavirus is starting to cause supply-chain squeezes and lost sales

As the coronavirus spreads around the country, small business owners are beginning to feel early impacts such as supply-chain problems and lost sales.

6 years ago
Clamor grows for Trump to cut China tariffs in coronavirus response

Clamor grows for Trump to cut China tariffs in coronavirus response

As President Donald Trump scrambles for new ways to cushion the economic blow from the fast spreading coronavirus, industry groups, lawmakers and even some government officials are reviving a previous request: cut tariffs on Chinese and other imported goods.



6 years ago
Ukraine to block entry to residents registered in separatist-held areas to stop coronavirus spread

Ukraine to block entry to residents registered in separatist-held areas to stop coronavirus spread

Ukraine's government at a televised meeting on Friday decided to ban citizens registered in separatist-held territory in the eastern Donbass region from entering government-controlled areas.



6 years ago
Coronavirus hits politicians, sports and showbiz stars as it spreads across globe

Coronavirus hits politicians, sports and showbiz stars as it spreads across globe

Canadian Prime Minister Justin Trudeau's wife, Australia's minister for home affairs and a Chelsea soccer player are among new cases of the coronavirus that has infected almost 135,000 people and killed more than 4,900 worldwide.



6 years ago
Buffett-backed Chinese EV maker BYD says making 5 million masks daily to fight virus

Buffett-backed Chinese EV maker BYD says making 5 million masks daily to fight virus

Chinese electric vehicle maker BYD said on Friday it is making 5 million masks a day to fight the coronavirus pandemic that has killed nearly 3,200 people in China.



6 years ago
Coronavirus cases in Germany rise by 671 to top 3,000

Coronavirus cases in Germany rise by 671 to top 3,000

The number of confirmed coronavirus cases in Germany has risen by 671 to reach 3,062, the Robert Koch Institute for infectious diseases said on Friday.



6 years ago