Oil prices tick up as drop in U.S. product stocks encourages bulls
Oil prices ticked up on Thursday after U.S. oil product stocks shrank, providing bulls with ammunition ahead of a meeting between OPEC producers and their allies...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Cash flows into U.S. growth funds surge, value funds see outflows
U.S. investors have ramped up investments in growth funds over the past few months on expectations of higher returns and safety, while they dumped value funds...
Factbox: German payments firm Wirecard and its missing billions
Billions of euros of loans to Wirecard could be called in as early as Friday after the German payments company said its auditor had refused to...
Wall Street opens lower on rising virus cases, elevated jobless claims
U.S. stocks fell at the open on Thursday as an uptick in COVID-19 infections in the United States threatened to upend bets of a swift economic...
Wirecard scrambles to find missing $2.1 billion as loan crunch looms
Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments...
Colgate reviewing Chinese toothpaste brand Darlie amid debate on racial inequality
Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a...
These Gen Z influencers give their spending a radical makeover
Gen Z money pros are quick to roll with the times financially, which is typical of a generation that has already lived through the Great Recession...
Wells Fargo investment adviser to sell feeder fund platform to iCapital
Wells Fargo & Co said on Thursday its investment adviser Wells Fargo Investment Institute will sell its feeder fund platform to fintech firm iCapital Network for...
World stocks drift lower as second wave virus fears mount
Global stocks drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift world economic...
Kroger expects to top 2020 outlook, beats estimates for profit, sales
Kroger Co said it expects to exceed its 2020 outlook for same-store sales and profit after beating Wall Street expectations for quarterly results on Thursday, as...
Amazon to hire 3,000 people in South Africa for customer service roles
Amazon.com Inc is hiring 3,000 people in South Africa this year to provide support to customers in North America and Europe, it said on Thursday.
Oil prices tick up amid mixed signals from U.S. data
Oil prices ticked up on Thursday after U.S. oil product stocks shrank, providing bulls with ammunition ahead of a meeting between OPEC producers and their allies...
Sharp learning curve for bosses as WFH goes global
Two weeks into the coronavirus lockdown and Sergei Holmeckis, a boss at Deutsche Telekom's Czech operations in the city of Brno, was frustrated with staff video...
JPMorgan gets China's nod for first fully foreign-owned futures business
China on Thursday approved JPMorgan's application to operate the first fully foreign-owned futures business, as the world's second-largest economy pushes ahead with opening its multi-trillion-dollar financial...
PepsiCo drops Aunt Jemima branding; Uncle Ben's, others under review
PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup which have been criticized as...