Stock rally loses steam as markets wait for Fed
Asia's stock markets edged up to a fresh three-month high on Wednesday, with the dollar again under pressure but sentiment was largely cautious ahead of the...
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.
World stocks hold fire ahead of Fed, dollar stumbles
World stock markets hovered below three-month highs on Wednesday, while the dollar stumbled ahead of a meeting of the U.S. Federal Reserve.
Julius Baer faces investigation over ties to Argentine client: Neue Zuercher Zeitung
Swiss private bank Julius Baer faces investigation by watchdog FINMA over whether it followed correct procedures against money laundering in its ties with a former Argentine...
Oil falls towards $40 as U.S. inventory rise revives glut worries
Oil fell more than 1% towards $40 a barrel on Wednesday after a report showed a rise in crude inventories in the United States, reviving concerns...
Emirates airline redundancies continue for second day, sources say
Emirates laid off more pilots and cabin crew on Wednesday in a second day of redundancies at one of the world's biggest long-haul airlines, three company...
Exclusive: ECB prepares 'bad bank' plan for wave of coronavirus toxic debt
European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of the...
Bank of England ready to replenish its COVID-19 warchest
The Bank of England looks set to give itself at least another 100 billion pounds ($127 billion) in bond-buying firepower next week to try to stop...
Finnair seeks 500 million euros from shareholders to cope with crisis
Finnair launched a share sale on Wednesday to raise 500 million euros ($568 million) from its existing investors, almost as much as its current market value...
Stocks, dollar stumble ahead of Fed
Stock markets nudged down from more than three-month highs on Wednesday, while the dollar stumbled as caution took hold ahead of a U.S. Federal Reserve meeting.
U.S. companies vow to fight racism but face critics on diversity
In the past, U.S. corporations have largely remained silent as protests erupted over killings of African-Americans by police officers. That changed with the May 25 death...
Reddit names Michael Seibel to board after Ohanian's call for black candidate
Social network company Reddit on Wednesday named venture capital investor Michael Seibel to its board, days after co-founder and former director Alexis Ohanian resigned and called...
Exclusive: RWE, Thyssenkrupp plan hydrogen production venture
Germany's RWE plans to produce hydrogen from renewable energy to supply steelmaker Thyssenkrupp, the two companies told Reuters.
Tesla to start volume production of Semi trucks: memo
Tesla Inc's chief executive Elon Musk said that it is time to bring its Semi commercial truck to "volume production", as the U.S. electric vehicle maker...
U.S. banks prepare branches for gradual post-coronavirus re-opening
U.S. banks have been stocking up on masks and other supplies and setting up acrylic barriers to prevent spreading the novel coronavirus as they ready their...
Adidas pledges to hire more black and Latino staff
German sportswear brand Adidas has pledged to invest $20 million in the black community in the United States and make sure that at least 30% of...