Latest News on private equity markets

Coronavirus in employees of German car parts supplier rises to seven

Coronavirus in employees of German car parts supplier rises to seven

German car parts supplier Webasto said on Friday that two more of its employees have tested positive for the coronavirus, bringing the total to seven.



6 years ago
Record $4 billion Airbus fine draws line under 'pervasive' bribery

Record $4 billion Airbus fine draws line under 'pervasive' bribery

Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with France, Britain and the United States.



6 years ago
Future U.S.-UK trade deal needs labor, climate protections, enforcement: U.S. lawmaker

Future U.S.-UK trade deal needs labor, climate protections, enforcement: U.S. lawmaker

A future U.S.-UK trade agreement must incorporate strong provisions on worker rights, environmental protection, and enforcement to ensure bipartisan support, U.S. House Ways and Means Committee Chairman Richard Neal said on Friday.



6 years ago
U.S. declares coronavirus a public health emergency

U.S. declares coronavirus a public health emergency

The Trump administration on Friday declared a public health emergency over the coronavirus outbreak and said it would take the extraordinary step of barring entry to the United States of foreign nationals who have traveled to China.



6 years ago
Global shares slump on China virus economic concerns, gold gains

Global shares slump on China virus economic concerns, gold gains

Global equity markets posted their biggest weekly and monthly loss since August on Friday as growing concerns about the economic impact of the coronavirus outbreak in China sapped risk appetite and lifted the safe-haven Japanese yen and Swiss franc.



6 years ago
Germany confirms seventh coronavirus case

Germany confirms seventh coronavirus case

Germany on Friday confirmed a seventh case of coronavirus, identifying the victim as a man who works at a company in Bavaria where five other workers had earlier tested positive.



6 years ago
Virus outbreak, data stoke growth worry to drive stocks lower

Virus outbreak, data stoke growth worry to drive stocks lower

Wall Street's major averages tumbled more than 1.5% on Friday, sealing its worst week in six months, as the spreading coronavirus outbreak, coupled with sluggish U.S. economic data and a mixed batch of corporate earnings, fueled concerns about global growth.



6 years ago
Deere temporarily closes facilities in China because of coronavirus

Deere temporarily closes facilities in China because of coronavirus

Deere & Co. said on Friday it has temporarily closed its facilities in China because of the coronavirus outbreak until the company determines it appropriate to reopen.



6 years ago
Nearly 200 Americans airlifted from China placed under coronavirus quarantine

Nearly 200 Americans airlifted from China placed under coronavirus quarantine

Reuters) - Nearly 200 Americans evacuated from China and voluntarily confined to a California air base for 72 hours of coronavirus screenings were placed under a mandatory 14-day quarantine on Friday, as U.S. health officials intensified precautions against spread of the disease.



6 years ago
Iraq's Basra airport to deny entry to travellers from China and Chinese citizens over coronavirus - state news agency

Iraq's Basra airport to deny entry to travellers from China and Chinese citizens over coronavirus - state news agency

Iraq's Basra International Airport will deny entry to passengers of any nationality travelling to Iraq from China, the state news agency reported on Friday amid fears from the coronavirus outbreak.



6 years ago
Exclusive: Conoravirus outbreak delays Carlyle's Atotech IPO - sources

Exclusive: Conoravirus outbreak delays Carlyle's Atotech IPO - sources

Buyout firm Carlyle Group Inc has delayed the U.S. initial public offering (IPO) of its German specialty chemicals group Atotech, concerned that the coronavirus outbreak would negatively impact the valuation it could achieve with investors, people familiar with the matter said on Friday.



6 years ago
U.S. ramps up anti-coronavirus measures at border as impact spreads

U.S. ramps up anti-coronavirus measures at border as impact spreads

The United States ramped up its response to the coronavirus epidemic on Friday, declaring a public health emergency and saying it would halt entry to foreign nationals who had been to China within the 14-day incubation period.



6 years ago
Aston Martin's lifeline buys carmaker time as SUV hits road

Aston Martin's lifeline buys carmaker time as SUV hits road

Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road.



6 years ago
Minister Morneau announces second phase of open banking review with a focus on data security in financial services

Minister Morneau announces second phase of open banking review with a focus on data security in financial services

Department of Finance Canada | Release | Jan 31, 2020 News release January 31, 2020 - Ottawa, Ontario - Department of Finance Canada Canadians deserve a stable financial sector that is globally competitive, promotes consumer choice and contributes to economic growth. As the financial sector—like other aspects of the Canadian economy—becomes increasingly digitized, standards must

6 years ago
MOF:  Consumer-directed finance: the future of financial services

MOF: Consumer-directed finance: the future of financial services

Department of Finance Canada | Release | Jan 31, 2020 Introduction Budget 2018 announced the Government's review into the merits of open banking and, as a first step in this process, the Minister of Finance appointed an Advisory Committee on Open Banking, to guide the review. The Advisory Committee is supported by a Secretariat within

6 years ago