Latest News on private equity markets

Coronavirus infects 100,000-plus worldwide, 21 cases found on ship off San Francisco

Coronavirus infects 100,000-plus worldwide, 21 cases found on ship off San Francisco

Twenty-one people aboard a cruise ship that was barred from docking in San Francisco have tested positive for coronavirus, U.S. officials said on Friday, adding to the more than 100,000 cases of the fast-spreading illness across the world.



6 years ago
Ethiopian investigators set to blame Boeing for plane crash: Bloomberg News

Ethiopian investigators set to blame Boeing for plane crash: Bloomberg News

Ethiopian crash investigators have tentatively concluded that the crash of a Boeing Co 737 MAX last year was caused by the plane's design, Bloomberg News reported on Friday, citing a draft report being circulated to participants in the probe.



6 years ago
Saudi Arabia suspends public attendance at sports events until further notice

Saudi Arabia suspends public attendance at sports events until further notice

The Saudi ministry of sports announced on Friday it will suspend public attendance at all sports events starting Saturday, a statement from the ministry reported.



6 years ago
Investors flee Wall Street, seek shelter in bonds

Investors flee Wall Street, seek shelter in bonds

U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.



6 years ago
Colombia has confirmed first case of coronavirus: health ministry

Colombia has confirmed first case of coronavirus: health ministry

Colombia confirmed its first case of coronavirus on Friday, joining other South American countries already reporting cases of the fast-spreading disease.



6 years ago
U.N. cancels key meetings ahead of climate summit due to coronavirus

U.N. cancels key meetings ahead of climate summit due to coronavirus

The United Nations has canceled meetings in Bonn, Germany, and elsewhere planned in the run-up to a crucial U.N. climate summit to be held in Glasgow in November due to the coronavirus outbreak, an official said on Friday.



6 years ago
Factbox: How we die: coronavirus in perspective

Factbox: How we die: coronavirus in perspective

As the new coronavirus spreads and worldwide deaths linked to it top 3,400, global alarm is growing and has caused everything from consumer runs on face masks to mass school closures.



6 years ago
JPMorgan CEO Dimon 'feels really good' after emergency surgery: sources

JPMorgan CEO Dimon 'feels really good' after emergency surgery: sources

JPMorgan Chase & Co Chief Executive and Chairman Jamie Dimon told senior colleagues he "feels really good" after undergoing emergency heart surgery, and his doctors are "happy" with his recovery so far, sources familiar with the matter told Reuters on Friday.



6 years ago
Coronavirus cases in New York state increases to 33, governor says

Coronavirus cases in New York state increases to 33, governor says

The number of people in New York state who have tested positive for the coronavirus has increased by 11 to 33, governor Andrew Cuomo said on Friday.



6 years ago
Italian coronavirus deaths jump to 197, cases climb to 4,636

Italian coronavirus deaths jump to 197, cases climb to 4,636

The death toll from an outbreak of coronavirus in Italy has risen by 49 to 197, the Civil Protection Agency said on Friday, the largest daily increase in fatalities since the contagion was uncovered two weeks ago.



6 years ago
Take Five: Credit crunch at time of rock-bottom rates?

Take Five: Credit crunch at time of rock-bottom rates?

Is it possible we may see a wave of corporate defaults at a time when interest rates are at record lows and falling? In Europe, where many rates are below 0%, signs of stress are emerging as the coronavirus outbreak hits companies' bottom lines. An index of credit default swaps on 75 high-risk European companies compiled by IHS Markit -- the iTraxx Europe Crossover - has surged to the highest in almost four years. The list is pretty diverse: airlines, retailers, carmakers and others all feature.



6 years ago
Russia quits OPEC+ deal but will monitor situation, says Novak

Russia quits OPEC+ deal but will monitor situation, says Novak

There is no more oil output deal between Russia, its allies and members of OPEC oil-producing countries, Russian Energy Minister Alexander Novak said on Friday, adding that the OPEC+ group of nations would continue to monitor the market situation.



6 years ago
Investors look for buys as virus fears crush travel stocks

Investors look for buys as virus fears crush travel stocks

Bargain-hunting investors are eyeing the shares of airlines, hotels, cruise lines and other companies that have been among the worst-hit by the coronavirus outbreak.



6 years ago
OPEC's pact with Russia falls apart, sending oil into tailspin

OPEC's pact with Russia falls apart, sending oil into tailspin

A three-year honeymoon between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavirus and OPEC responded by removing all limits on its own production.



6 years ago
Traders bet U.S. Fed will slash interest rates in coming months

Traders bet U.S. Fed will slash interest rates in coming months

Futures traders are betting the Federal Reserve will slash U.S. interest rates in coming months to blunt damage to the world's largest economy, as governments and companies move to control the spread of the new coronavirus by limiting travel and public gatherings.



6 years ago