Latest News on private equity markets

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

"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.

One technical indicator is flashing a warning sign for tech stocks.

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.

Technology shares -- a key engine of the stock market's climb to records over the last several months -- are now among those leading Wall Street's plunge on growing concerns over the coronavirus outbreak.

The Dow and the S&P 500 tumbled 3% on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and investors offloaded risky assets as they struggled to gauge the economic impact.

Walt Disney Co's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood's most powerful studio.

The impact of the coronavirus on the U.S. economy would likely need to be "material and persistent" for the central bank to change its outlook, U.S. Federal Reserve Vice Chair Richard Clarida indicated on Tuesday.

Three Democratic U.S. senators on Tuesday introduced sweeping legislation to reform how new airplanes are certified and overseen by U.S. regulators after two fatal Boeing 737 MAX crashes killed 346 people.

Walt Disney Co on Tuesday said Robert Iger will step down as chief executive officer, to be replaced by Bob Chapek, effective immediately.

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.

The Federal Aviation Administration (FAA) on Tuesday proposed that airlines complete inspections on a key component that could make Boeing 737 MAX airplanes vulnerable to lightning strikes and interference from high-power radio frequency transmitters before returning to service.

Travel restrictions to China because of the coronavirus have come just as Apple Inc's engineers usually jet off to Asia to perfect the production of this fall's new iPhones, former employees and supply chain experts told Reuters.

Forever 21's new co-owner Authentic Brands Group said on Tuesday it had appointed former H&M executive Daniel Kulle as the new chief executive officer of the bankrupt apparel retailer.

Wall Street's three major stock indexes fell almost 2% on Tuesday as the coronavirus spread further around the world and officials described it as "a rapidly escalating epidemic," a day after the S&P 500 and the Dow Industrials' biggest daily decline in two years.