Allianz in talks for China insurance asset management licence
Allianz is in talks with Chinese regulators for a licence as the German insurer looks to eventually offer broad asset management services in the world's second-largest...
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.
British Airways parent company considering legal challenge to UK quarantine rules
The owner of British Airways is considering launching a legal challenge against the UK's looming quarantine plan, its chief executive said, warning that the new rules...
Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view - sources
The Bank of Japan is likely to maintain its projection that the economy will gradually recover in the latter half of this year, four sources familiar...
Virtual certainty? Bankers ask if success of remote roadshows will last
Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on the stock exchange?
GM Cruise tries to poach Zoox engineers as company for sale
Self-driving technology company Cruise, a unit of General Motors Co’s , is trying to poach engineers from struggling rival Zoox Inc, according to an email sent...
Japan's first-quarter GDP decline likely smaller than initial estimates on firmer capex: Reuters poll
Japan's first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still expected...
Ocean shipping shrinks as pandemic pummels retailers
The $1 trillion container shipping industry is in a slowdown. Literally.
Asian stocks set for best weekly gain in nine years, U.S. jobs eyed
Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as Europe's...
Oil rises as traders await OPEC+ meeting on extending supply cuts
Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers...
Factbox: Deals that may be affected by Australia's foreign M&A crackdown
Australia plans to give its foreign investment regulator sweeping new powers to intervene in all takeovers from overseas interests regardless of dollar value, citing security concerns.
Australia shakes up foreign investment laws for national security
Australia announced the biggest shakeup of its foreign investment rules in almost half a century on Friday, including additional powers to force the divestment of a...
Expecting a spike in bitcoin? Investors say it may take time
Investors expecting a sudden surge in bitcoin's price, after it underwent a technical adjustment three weeks ago that reduced the rate at which new coins are...
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing...
Asian stocks set for best weekly gain in nine years, ECB stimulus boosts euro; U.S. jobs eyed
Asian stocks erased early losses on Friday and were poised for their biggest weekly rise since 2011 while the euro hovered near a 1-1/2 month high...
Blowout jobs report shows 'big hedge fund guys' got it wrong and the market was right, says Cramer
Numerous big-name hedge fund managers have been skeptical of the stock market's swift bounce back from its March low.