Hong Kong government to lead Cathay Pacific bailout package: SCMP
Hong Kong's government will lead a near HK$30 billion ($3.9 billion) bailout package for Cathay Pacific Airways Ltd giving it two observer seats in the boardroom,...
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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.
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...
Once bitten, not shy: Investors again seek margin loans as stocks rally
Global banks are seeing renewed appetite from wealth management clients to borrow money to buy stocks as markets rebound, bankers said, which comes just months after...
Exclusive: Chanel, Revlon, L'Oreal pivoting away from talc in some products
Chanel, Revlon and L'Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some products as U.S. cancer lawsuits and...
Asian shares creep higher as markets wait for Fed
Asian stock markets eked out a 10th consecutive session of gains on Wednesday, but momentum ebbed as doubts about the global recovery from the pandemic returned...
TSMC says still in talks about subsidies for new U.S. plant
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is still in talks with the U.S. government about subsidies for its new plant in Arizona, chairman Mark Liu said...
Hong Kong govt to lead Cathay Pacific bailout package: SCMP
Hong Kong's government will lead a near HK$30 billion ($3.9 billion) bailout package for Cathay Pacific Airways Ltd giving it two observer seats in the boardroom,...
Oil prices rise as easing of lockdowns spurs fuel demand hopes
Oil prices climbed on Tuesday as the easing of coronavirus lockdown measures across the globe lifted trader hopes for a swift recovery in demand, though gains...
Investors brace for market swings as Trump slips in election polls
The U.S. presidential election is re-emerging as a potential risk to markets after a shift in polls that has seen President Donald Trump lose ground to...
Delinquencies, defaults will rise for student loan borrowers if pause on payments isn't extended, experts say
In a few months, student loan borrowers will have to resume their monthly payments. Yet experts say the battered economy will make doing so a challenge.
Dollar treads water as traders wait for Fed policy meeting
The dollar nursed losses against most currencies on Wednesday amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond...
Volkswagen CEO apologises after row with supervisory board
Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press.
U.S. layoffs ease in April; hiring slumps to record low
Layoffs in the United States fell in April, but remained the second highest on record, while hiring hit an all-time low, suggesting the labor market could...
Explainer: 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...
S&P 500, Dow retreat after rally; Nasdaq gains further
Wall Street's S&P 500 and Dow Jones indexes fell on Tuesday while the tech-heavy Nasdaq hit a record high for the third straight session as investors...