HK's Cathay Pacific shares set to open up 18.7% after $5 billion rescue package
Shares of Cathay Pacific Airways Ltd were set to open sharply up 18.7% on Wednesday after it announced a HK$39 billion ($5 billion) recapitalisation plan led...
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.
DoubleLine's Gundlach bearish on U.S. dollar, says stocks 'lofty'
The U.S. dollar is unlikely to make significant moves higher in the near term because of the ballooning budget deficit, Jeffrey Gundlach, the billionaire chief executive...
Oil drops after U.S. inventory build renews oversupply concerns
Oil prices fell on Wednesday as an industry report showed a rise in crude and fuel inventories in the United States, renewing concerns about oversupply and...
Asian shares slip after mixed Wall Street session
Asian equities slipped on Wednesday after most U.S. stocks pared gains made during their recent rally, although the Nasdaq benchmark reached its second straight day at...
Cathay Pacific plans to repay Hong Kong government over three to five years
Cathay Pacific Airways Ltd said it expects to repay the Hong Kong government for HK$19.5 billion ($2.52 billion) of preference shares over a three to five...
Chinese companies put U.S. listing plans on ice as tensions mount
Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what...
Oil rises as production curbs offset renewed demand fear
Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns that a resurgence in coronavirus cases could...
Thousands of Vodafone UK customers face call connection problems
Thousands of British customers of Vodafone Group Plc , the world's second-biggest mobile operator, faced call connection problems on Tuesday evening, although they were resolved within...
Pompeo chides HSBC for 'corporate kowtow' to Beijing
U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows"...
What to look for in the Fed's U.S. economic outlook
U.S. Federal Reserve policymakers on Wednesday will publish their first economic projections since the coronavirus pandemic set off a recession in February, estimates expected to signal...
Behind tech layoffs lay systemic cash flow negative companies
Medium Gonzalo Espinoza Graham May 31, 2020 Since the pandemic started, there’s been approximately 61,260 tech layoffs [1]. Close to 30% of the layoffs came from...
Stocks trend lower as investors step back, safe-havens rally
A recent run of optimism in markets hit the brakes on Tuesday as investors mostly pulled back from stocks, though the Nasdaq extended its record run...
S&P 500, Dow ease as focus shifts to Fed; tech pushes Nasdaq to closing record
The S&P 500 and Dow fell on Tuesday, pausing after recent strong gains as focus shifted to the Federal Reserve, while the Nasdaq ended at an...
S&P 500, Dow decline after recent gains; Nasdaq hits 10,000
The S&P 500 and Dow fell on Tuesday after recent strong gains, while the Nasdaq extended its record run and briefly rose above the 10,000 mark...
Oil rises as production curbs face renewed demand fears
Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns about a resurgence in coronavirus cases.