Latest News on private equity markets

Here's what we can expect from earnings season as companies ride out the coronavirus pandemic

Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.

2 months ago

Saudi energy minister says effective global oil cuts above 19 million bpd

Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to around 19.5 million barrels per day, taking into account the reduction pact agreed by OPEC+, pledges by other G20 nations and oil purchases into reserves.



2 months ago

Trump says global oil production cut should help industry recover

U.S. President Donald Trump said on Monday the OPEC+ group of oil producers is looking to cut output by 20 million barrels per day (bpd), a figure that appeared to include a wider group of producers, including the United States.



2 months ago

If the coronavirus pandemic is rocking your finances, here's what you need to do

Many Americans have questions about how to ensure they will get a relief check and other government benefits. Others wonder if the advice to "stay the course" when markets are so volatile applies to everyone. CNBC has the answers.

2 months ago

Ford expects $600 million first-quarter loss due to coronavirus

Ford Motor Co said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as the coronavirus pandemic pummeled its operations, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019.



2 months ago

Toyota joins GM in suspending auto production in Brazil until June

Toyota Motor Co on Monday said it was suspending auto production in its Brazil plants until at least June 22, joining General Motors Co which also expects to resume production in the same month.



2 months ago

GE cuts some debt using proceeds from sale of biopharma business

General Electric Co said on Monday it used part of the $20 billion in proceeds from the sale of its biopharma business to cut debt.



2 months ago

Small businesses start to get rescue funds, but payouts overall are lagging

"We have mostly undisbursed loans at this time" said Tony Wilkinson, president of the National Association of Guaranteed Government Lenders.

2 months ago

Explainer: Big cuts in oil production from OPEC and others

Worldwide oil producers, led by OPEC, are expected to cut production by roughly 20 million barrels per day (bpd), roughly equal to 20% of global daily supply, through a combination of mandated cuts, production falls due to poor economics, and purchases into oil reserves.



2 months ago

Volkswagen offers cars for relief efforts in U.S. virus-hit regions

Germany's Volkswagen AG said on Monday its U.S. dealers would provide cars for free delivery of essential supplies to people in need during the coronavirus crisis.



2 months ago

Aurora Cannabis falls on capital raise, reverse stock split

Aurora Cannabis Inc's U.S.-listed shares fell nearly 14% in morning trade on Monday after the Canadian pot producer renewed an at-the-market offering under which it can raise as much as $350 million in equity capital.



2 months ago

Ford expects coronavirus shutdown to cause $600 million quarterly loss

Ford Motor Co said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as the coronavirus outbreak pummeled its sales and shuttered vehicle assembly plants, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019.



2 months ago

Trump: It's my decision when to reopen U.S. economy

President Donald Trump said on Monday it was his decision when to reopen the U.S. economy, not that of state governors.



2 months ago

'We're not governments' — Cramer says small business owners can't front their employees forever

CNBC's Jim Cramer said Monday the slow rollout of promised small business loans is unfairly putting more burden on small business owners.

2 months ago

Coronavirus-earnings season: What to expect as companies begin to report Tuesday

Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.

2 months ago