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...
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.
Scarred and scared: post-Covid consumers not their old selves
Michael Clark of Amy's Housewares has one big fear as its London stores prepare to reopen on June 15 along with other retailers around Britain: "Customers...
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...
Cathay Pacific, major shareholders Swire and Air China halt trading in Hong Kong
Cathay Pacific Airways Ltd and its major shareholders Swire Pacific Ltd and Air China Ltd halted trading in their shares in Hong Kong on Tuesday pending...
Oil prices rise on optimism easing of lockdowns to spur fuel demand
Oil prices climbed on Tuesday, paring losses from the previous session, as markets broadly rose on growing confidence in a global recovery with pandemic lockdowns easing.
Men accused of helping ex-Nissan boss flee Japan challenge U.S. extradition case
Lawyers for the former Green Beret and son wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country on Monday argued...
Tesla China sold 11,095 Model 3 vehicles in May, triple April's volume: CPCA
U.S. electric vehicle maker Tesla Inc sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to...
Exclusive: Oil major BP to cut 15% of workforce
BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the...
Astonishing market moves: Retailer Michaels surges a record 50% on a JPMorgan upgrade
JPMorgan upgraded shares of Michaels to overweight from neutral on Monday.
Nasdaq hits record close, confirms bull market on economic recovery hopes
The Nasdaq hit a record high close on Monday, becoming the first of the major indexes to confirm a new bull market, and the Dow and...
Warren Buffett's lack of big moves during sell-off is 'tied to his age,' Ken Fisher says
Billionaire money-manager Ken Fisher told a business news channel in India that Warren Buffett had moved into a "relatively inactive" phase of his career.
35 million stimulus checks are still outstanding. What you need to know if you're waiting for your money
While a majority of stimulus payments are out the door, millions of Americans are still waiting for their money. Here's the latest on who is affected...
Nasdaq rises to record again on economic recovery hopes
U.S. stocks rose on Monday with the Nasdaq hitting a new intraday high after a surprisingly upbeat jobs report last week raised expectations of a swift...
Exclusive: Fiat, PSA merger hits EU roadblock, may need concessions - sources
Fiat Chrysler's planned $50 billion merger with Peugeot maker PSA has hit a bump after EU regulators voiced concerns about the companies' market share in small...
Druckenmiller is still betting on Amazon and Microsoft but is overall bearish on growth stocks
"I have the least growth weighting in my portfolio that I've had in maybe six or seven years," Druckenmiller told CNBC.