Vitol's former CEO Ian Taylor dies after cancer battle: sources
Vitol's former chief executive and chairman Ian Taylor has died at the age of 64 from cancer, according to an internal memo and four sources familiar...
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.
Japanese traders gird for Fed to anchor yields, clip dollar's wings
Japanese investors have clipped the wings of a resurgent U.S. dollar as they position for the likelihood that the U.S. Federal Reserve will take steps to...
S&P revises Japan's outlook to stable
S&P Global Ratings said it has revised Japan's outlook to stable on increased uncertainty around debt stabilization.
Household spending plunge pulls down euro zone GDP in first quarter
A plunge in household spending and investment pulled down euro zone gross domestic product in the first quarter as the COVID-19 pandemic struck, but the fall...
Europe turns red as bulls run out of charge
Stock market bulls were forced to a halt on Tuesday and high-flying currencies like the euro and Australian dollar lost altitude, as a weeks-long risk rally...
Cathay Pacific shares hit three-and-half-month high after rescue package, outlook uncertain
Shares of Cathay Pacific Airways Ltd surged as much as 18.7% on Wednesday, reaching their highest level since Feb. 24, after the carrier announced a HK$39...
Oil falls as U.S. inventory rise revives oversupply concerns
Oil prices fell on Wednesday after data showed a rise in crude and fuel stockpiles in the United States, reviving concerns about oversupply and falling fuel...
U.S. failed to properly oversee Chinese telecom carriers: Senate panel
A U.S. Senate report released Tuesday says the U.S. government failed to properly oversee Chinese-owned telecommunications companies for nearly two decades.
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...
Hong Kong spearheads $5 billion Cathay Pacific rescue package
Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways , which like other airlines has been hit by a global travel slump triggered...
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...
China factory gate deflation deepens on global demand slump
China's producer prices fell by the sharpest rate in more than four years, underscoring pressure on the manufacturing sector as the COVID-19 pandemic reduces trade flows...
Japan's Fujifilm to spend $928 million to double capacity of Danish drug facility
Fujifilm Holdings Corp will spend $928 million to double capacity at a drug manufacturing facility in Denmark, which it has pledged to use in producing COVID-19...
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...
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...