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Exclusive: KKR shelves $2 billion sale of Singapore-based Goodpack due to market slump: sources
By Anshuman Daga SINGAPORE (Reuters) – KKR & Co <KKR.N> has shelved a plan to sell Singapore-based Goodpack, which provides shipping containers and logistics services, after the coronavirus outbreak hit valuations, sources with knowledge of the matter said on Wednesday. The private equity group had received bids from a few consortiums after tapping more than […]
Dollar soars, boosted by worries over coronavirus impact
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar rallied across the board on Thursday, as worries about the economic fallout from the coronavirus boosted dollar demand despite recent steps by world central banks aimed at alleviating market stress. The dollar index <=USD>, which measures the greenback’s strength against a basket of six […]
ECB’s De Guindos says coronavirus outbreak creates uncertainty
ATHENS (Reuters) – The European Central Bank is seeing early signs of stabilization at a global level and the outbreak of the coronavirous is among factors that create uncertainty, the European Central Bank’s vice-president Luis de Guindos said on Monday. “We have started to see some signs of stabilization on a global level”, de Guindos […]