Latest News on private equity markets

Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide

Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide

Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines' pilots filing a lawsuit seeking an immediate halt.



6 years ago
American Airlines reaches tentative contract deal with mechanics union

American Airlines reaches tentative contract deal with mechanics union

American Airlines Holdings Inc said it has reached a tentative deal with its mechanics union this week for a new joint collective bargaining agreements, nearing the end of bitter negotiations that have dragged on for years.



6 years ago
Asia shares try to rally after gut-wrenching week

Asia shares try to rally after gut-wrenching week

Asian share markets were fighting to stabilize at the end of a punishing week as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases and more deaths.



6 years ago
Nintendo CEO says no plans to launch new Switch model in 2020

Nintendo CEO says no plans to launch new Switch model in 2020

Nintendo Co Ltd CEO Shuntaro Furukawa said the gaming company has no plans to launch a new Switch model this year.



6 years ago
What to Know About Starting an Online Lending Platform

What to Know About Starting an Online Lending Platform

Guest Post | Susan Melony | Jan 30, 2020 Online lending platforms have been popping up everywhere. Many of them take the concept of brick-and-mortar short-term lending businesses and simply adapt them to an online environment. There are things that you have to think about with an online lending platform that you wouldn’t with a

6 years ago
Nintendo CEO says no new Switch model this year

Nintendo CEO says no new Switch model this year

Nintendo Co Ltd CEO Shuntaro Furukawa said on Friday the gaming company has no plans to launch a fresh Switch model this year, dampening rumors it will offer an upgraded version of the hit device.



6 years ago
Asia shares fight for footing after turbulent week

Asia shares fight for footing after turbulent week

Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.



6 years ago
Oil jumps as WHO declares emergency but recommends no travel, trade restrictions

Oil jumps as WHO declares emergency but recommends no travel, trade restrictions

Oil prices jumped on Friday following sharp losses this week, as the World Health Organization (WHO) came out against travel and trade restrictions in declaring a global emergency over the spread of the coronavirus that originated in China last year.



6 years ago
Asia shares struggle for footing after fraught week

Asia shares struggle for footing after fraught week

Asian share markets fought to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases and mounting deaths.



6 years ago
Chevron asks staff to postpone all non-essential travel to China

Chevron asks staff to postpone all non-essential travel to China

U.S. oil major Chevron Corp said on Thursday it has asked its employees to postpone all "non-essential" business travel to China in the aftermath of the coronavirus outbreak.



6 years ago
Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge

Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge

Samsung Electronics Co Ltd said on Thursday it expects earnings to bounce back in 2020 after a fourth-quarter slump, helped by a gradual recovery in memory chip demand from data center customers and 5G smartphone makers.



6 years ago
Virus anxiety weighs on Asian stocks, boosts safe-haven bid

Virus anxiety weighs on Asian stocks, boosts safe-haven bid

Asian stocks slipped while gold and bonds were in demand on Thursday as worries about the spread of a new virus from China sent investors heading for safety.



6 years ago
UPS inks electric van deal with Arrival, to test Waymo automation

UPS inks electric van deal with Arrival, to test Waymo automation

United Parcel Service Inc said on Wednesday it was ordering 10,000 electric delivery trucks from UK-based Arrival Ltd and teaming with self-driving startup Waymo as package carriers work to cut costs and tailpipe pollution.



6 years ago
Japan Display shares suspended after fresh report of Ichigo stake

Japan Display shares suspended after fresh report of Ichigo stake

The Tokyo Stock Exchange on Thursday suspended trading in shares of Japan Display Inc after the Nikkei business daily reported that Ichigo Asset Management would inject about 100 billion yen ($900 million) into the company.



6 years ago
Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics Co Ltd said on Thursday its operating profit fell 34% in the October-December quarter, in line with its estimate earlier this month, as the South Korean conglomerate battled a downturn in the memory chip market.



6 years ago