Global shares, euro climb on robust risk appetite as lockdowns ease
A gauge of global equity markets rose and the euro gained against the dollar on Wednesday, both for a seventh session, in signs of strong risk...
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.
Trump administration to bar Chinese passenger carriers from flying to U.S.
President Donald Trump's administration on Wednesday barred Chinese passenger carriers from flying to the United States starting on June 16 as it pressures Beijing to let...
Proposed law would guarantee refunds for flights canceled during pandemic
Five Democratic senators have proposed a law calling for airlines to refund cash for all canceled flights during the pandemic, whether a carrier canceled or a...
Saudi, Russia agree oil cuts extension, raise pressure for compliance
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure on...
U.S. labor market appears to stabilize as private payrolls fall less than expected
U.S. private payrolls fell less than expected in May, suggesting layoffs were abating as businesses reopen, though the overall economy's recovery from the COVID-19 pandemic will...
U.S. services sector off 11-year trough; still contracting
U.S. services industry activity pushed off an 11-year low in May, but businesses appeared in no rush to rehire workers as they reopen, supporting views the...
Air fares decline in further threat to profit: IATA
Airlines cut domestic fares by an average 23% last month as traffic picked up from April lows, global industry body IATA said on Wednesday, warning that...
Oil falls from $40 as doubts emerge over next step on OPEC cuts
Oil fell after touching its highest since March at more than $40 a barrel on Wednesday as doubts emerged about the timing and scale of a...
Warner Music strikes a chord in $1.9 billion U.S. IPO
Warner Music Group Corp said on Wednesday it raised $1.93 billion in the biggest U.S. initial public offering (IPO) so far in 2020, with the world's...
Airbus jobs on wire as underlying output falls 40%: sources
Airbus is looking to hold underlying jet output at 40% below pre-pandemic plans for two years, an approach which adds new pressure to cut thousands of...
Exclusive: Trump administration to bar Chinese passenger carriers from flying to U.S.
President Donald Trump's administration said on Wednesday it will bar Chinese passenger carriers from flying to the United States starting on June 16 as it pressures...
Wall Street gains on Boeing, recovery hopes
A jump in Boeing shares lifted Wall Street on Wednesday, with investors remaining optimistic about an economic rebound from a coronavirus-led slump amid continuing social unrest...
U.S. factory orders extend decline in April
New orders for U.S.-made goods plunged in April and business spending plans on equipment were much weaker than initially thought, suggesting business investment remained depressed early...
Apple must face U.S. shareholder lawsuit over CEO's iPhone, China comments
A federal judge said Apple Inc must face part of a lawsuit claiming it fraudulently concealed falling demand for iPhones, especially in China, leading to tens...
Airlines cut fares to help boost May traffic: IATA
Airlines cut domestic fares by an average 23% last month as traffic picked up from April lows, global airline body IATA said on Wednesday - warning...