Bargain-conscious Americans lift used-car sales in the coronavirus economy
At the height of the coronavirus pandemic in mid-April, used-car dealer Alex Tovstanovsky had vehicles jammed six rows deep on his lot in the western Chicago...
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 luxury carmaker Bentley to cut quarter of workforce
British luxury carmaker Bentley Motors said on Friday it plans to shed up to 1,000 jobs, nearly a quarter of its workforce, adding to the gloom...
United Airlines closing three of four international bases for flight crew
United Airlines Holdings Inc is closing three out of four international bases for flight attendants, according to an internal memo seen by Reuters, saying it is...
Volkswagen AG expands executive committee of supervisory board
German car maker Volkswagen AG said on Friday that it had added two members to the executive committee of its supervisory board.
Futures gain as recovery optimism lingers ahead of May jobs data
U.S. stock index futures rose on Friday with S&P 500 futures hitting a three-month high, as investors focused on tentative signs of a post-coronavirus economic rebound...
Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales
Canadian business jet maker Bombardier Inc said on Friday it would cut 2,500 jobs at its aviation unit and take a related charge of $40 million...
BBC appoints Tim Davie as new boss to negotiate future finance model
Tim Davie was appointed the new head of the BBC on Friday, tasked with securing the future direction and financing of the publicly funded British broadcaster...
Global stocks and euro surge ahead of U.S. jobs data
World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe's stimulus boost, fuelling hopes for...
German prosecutors probe Wirecard management board
Munich prosecutors on Friday said they had searched Wirecard's headquarters and opened proceedings against the payment company's entire management board as part of a market manipulation...
Facebook to apply state media labels on Russian, Chinese outlets
Facebook Inc will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer will block any ads from such outlets that target U.S....
Bank of America sees 10% further upside for European equities by third-quarter
European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead to...
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...
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...
Wall Street jumps, Nasdaq set for record closing high after surprise jobs report
Wall Street surged on Friday, and the Nasdaq was on course to set a new record closing high after the May jobs provided an astounding upside...