Latest News on private equity markets

Spain denies requisitioning coronavirus tests bound for workers

Spain's health minister denied on Tuesday that authorities had requisitioned 2,000 antibody tests which a workers union said Siemens Gamesa had expected to receive to check whether its staff have been infected with the coronavirus.



2 months ago

Global creditors agree debt relief for poor countries hit by pandemic

Major international creditors will suspend debt payments this year for the world's poorest countries, who will be hit hardest by the rapidly spreading coronavirus pandemic that has sparked the steepest downturn in the global economy since the 1930s.



2 months ago

Creditors can snatch your coronavirus stimulus check if you have outstanding debts

Millions of Americans are hoping for some financial relief from those one-time government payments that are just starting to be sent out. However, one loophole could prevent individuals with outstanding debts from getting that money. Some officials are calling for that to change.

2 months ago

What to do if you can't pay your credit card bills

Many banks are offering customers a break on their monthly obligation, and most consumers who ask for one are successful.

2 months ago

Two big U.S. banks offer glum outlook for coronavirus recession

The main things investors wanted to learn from first-quarter results by JPMorgan Chase & Co and Wells Fargo & Co on Tuesday was just how bad the coronavirus recession is going to get and how long it will take to get back to normal.



2 months ago

GM says it is ready to deliver first batch of critical care ventilators

General Motors Co said on Tuesday the first batch of ventilators needed to treat severely sick coronavirus patients were ready for delivery to the United States government.



2 months ago

J&J sees medical devices business recovery at end of year after taking coronavirus hit

Johnson & Johnson on Tuesday said it expects its medical device business to begin recovering in the fourth quarter as elective medical procedures delayed by the coronavirus pandemic start to resume.



2 months ago

Republicans warn coronavirus aid program running out of cash

Republicans in the U.S. Senate and the Trump administration on Tuesday warned that a key program to help small businesses survive the coronavirus pandemic was running out of money, pressuring Democrats to agree on an emergency infusion of aid.



2 months ago

Fiat Chrysler bolsters cash with $3.8 billion syndicated credit

Fiat Chrysler said on Tuesday it had successfully completed the syndication of a 3.5 billion euro ($3.8 billion)credit facility which it had agreed last month with two banks.



2 months ago

Oil slumps on worries that supply cuts are playing catch-up to falling demand

Oil prices dropped sharply on Tuesday, with U.S. prices sliding back toward $20 a barrel, as investors bet that fuel demand destruction caused by the coronavirus pandemic would be too much for producers embarking on record global output cuts to offset.



2 months ago

Wall Street jumps on optimism over lockdown easing but earnings a concern

U.S. stocks rose more than 2% on Tuesday as hopes that the Trump administration could move to ease coronavirus-induced lockdowns overshadowed worrying quarterly earnings reports from JPMorgan and Wells Fargo.



2 months ago

Stocks gain on China trade data, easing pandemic worries

Equity markets rallied globally and the dollar weakened on Tuesday as Chinese trade data defied expectations of a deep downturn as a result of the coronavirus pandemic, igniting hopes that the global economy can march toward recovery, removing the safe-haven allure of the greenback.



2 months ago

Subaru extends U.S. assembly plant shutdown through May 8

Japanese automaker Subaru Corp said Tuesday it will extend a shutdown of its Indiana assembly plant through May 8 because of declining market demand and supply chain issues related to the coronavirus outbreak.



2 months ago

7.5 million small businesses are at risk of closing, report finds

Millions of small businesses will close permanently if disruption caused by the coronavirus pandemic persists, according to a new survey from Main Street America.

2 months ago

Strength of U.S. consumer staples stocks shows cracks as market recovers

A broad rebound in U.S. stocks is leaving behind shares of some supermarkets, household product makers and other staples companies that provided a haven in last month's coronavirus-fueled selloff.



2 months ago