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Latest News on private equity markets

Safe-havens rise on coronavirus concerns, stocks rebound

Gold rose and the dollar hit a four-month high against the euro on Monday as the death toll from coronavirus outbreak passed that of the SARS epidemic two decades ago, boosting demand for safe havens.



5 years ago

Exor expects $13 billion for careful acquisitions after PartnerRe sale

Investment group Exor will have around $13 billion in cash provided it closes a deal to sell its reinsurance unit PartnerRe and it would spend most of that on acquisitions, a source close to the matter told Reuters.



5 years ago

U.S. appeals court denies Apple bid for rehearing in VirnetX patent case

A U.S. appeals court on Monday denied a request by Apple Inc that it reconsider a decision upholding a finding Apple iPhones infringed VirnetX Holding Corp patents relating to secure communications technology.



5 years ago

As big endowments spurn fossil fuel stocks, there's one thing making this decision easy

The energy sector's underperformance could make investment funds' decision to divest from the fossil fuel industry easier.

5 years ago

'Parasite' rich vs. poor theme evokes growing US wealth gap: 'It's never been this bad'

"Parasite," which won the Oscar for best picture Sunday night, uses a theme of haves vs. have-nots to drive its narrative, evoking the widening wealth divide among American families.

5 years ago

Trump looks to kill student loan forgiveness program

The Education Department's budget would be reduced under Trump's 2021 budget. Cuts include the end of subsidized student loans and the public service loan forgiveness program.

5 years ago

Nasdaq hits new high as investors look beyond coronavirus

Wall Street gained ground and the Nasdaq reached a new record on Monday as Chinese workers and factories slowly returned to business following a Lunar New Year holiday that was extended due to the deadly coronavirus outbreak.



5 years ago

Deutsche Bank to issue at least $1 billion in AT1 securities

Deutsche Bank said on Monday it would issue at least $1 billion in Additional Tier 1 (AT1) securities as the bank manages its regulatory capital requirements.



5 years ago

The coronavirus is a 'black swan' for oil and energy markets, says Ned Davis Research

Ned Davis Research said the coronavirus outbreak is a "black swan" event for the oil and energy space, and that there could be more downside ahead.

5 years ago

Trump's $4.8 trillion budget likely to get thumbs-down from Congress

President Donald Trump's $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed his promise to protect popular health and safety-net programs.



5 years ago

Trump wants to extend his tax overhaul. What it means for you

President Donald Trump released his proposed budget, which assumes an extension of the individual tax cuts that were set to expire at the end of 2025. Here's what that means for you.

5 years ago

Oil drops to 13-month low on weak Chinese demand, traders eye OPEC+ cuts

Oil prices fell to their lowest level since December 2018 on Monday on weaker Chinese demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.



5 years ago

Austria's AMS aims for domination agreement with Osram

Austrian sensor specialist AMS made clear on Monday that it aims to secure a so-called domination agreement with Osram to allow it to use the lighting group's cash flow to pay back debt.



5 years ago

New Renault CEO de Meo will be much better paid than predecessor

French carmaker Renault will grant its new chief executive, Luca de Meo, a pay package of around 5.8 million euros ($6.33 million), which is an increase of nearly 57 percent of what his predecessor was awarded last year.



5 years ago

Walmart's Mexico unit posts 2.7% rise in January same-store sales

Walmart de Mexico, the country's biggest retailer, said on Monday that sales at stores in Mexico open for more than a year rose 2.7% in January, compared with the same month last year.



5 years ago