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,...
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.
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...
China's troubled Baoshang rescue exposes fault lines in bank reform drive
In May 2019, China's central bank announced a shock takeover of a lender, its first such move in 20 years, citing "serious credit risks". Creditors in...
IBM exits facial recognition business, calls for police reform
International Business Machines Corp disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to...
Asia stocks extend rally as economic recovery hopes boost confidence
Asian stocks rallied for their ninth straight day on Tuesday and oil prices jumped as the lifting of coronavirus lockdowns in many countries fed investor hopes...
TSMC says could fill order gap if unable to sell chips to Huawei
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) could quickly fill the order gap created by the inability to sell to Huawei's [HWT.UL] HiSilicon chip division due to...
How to Build Canada’s Competitiveness Amidst the Rise of an Intangibles Economy and Greater Geopolitical Complexity
Public Policy Forum Forward by Edward Greenspon Jun 2020 The two questions on the minds of economists as governments intervened in March 2020 to dial back...
Chinese telecom firms urge FCC not to revoke ability to operate in U.S.
The U.S. units of China Telecom Corp’s and China Unicom urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorization to...
TSMC says planned U.S. factory in line with company's interests
Taiwan Semiconductor Manufacturing Co Ltd's planned factory in the United States is "definitely in line with" the company's interests, Chairman Mark Liu told investors on Tuesday.
Factbox: Who's bidding to be next World Trade Organization chief?
The World Trade Organization (WTO) began the process on Monday of selecting a new director-general to replace Brazil's Roberto Azevedo, who is stepping down a year...
Austria strikes €450 million bailout deal for Lufthansa unit: sources
Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with...
Austria's Kurz to hold news conference on Austrian Airlines at 1500 GMT
Austrian Chancellor Sebastian Kurz, Vice Chancellor Werner Kogler and Finance Minister Gernot Bluemel will hold a news conference on Lufthansa unit Austrian Airlines at 5 p.m....
Ryanair's O'Leary says UK quarantine will be quashed or dropped
Ryanair boss Michael O'Leary said he believed Britain's coronavirus quarantine will be struck down by the courts or dropped within weeks as some of Europe's biggest...
'Where are the sellers?' Cramer worries about stock market getting too far ahead of the economy
"It's almost as if people decided Covid is over. It's a 'V-shaped' rally, and you bet get on board," CNBC's Jim Cramer said on Monday.
S&P 500, Dow extend rally on hopes of swift economic rebound
Wall Street's major indexes rose on Monday, building on last week's sharp gains after a surprisingly upbeat jobs report raised bets of a swift recovery from...