U.S. senator Cotton cautions Britain over Huawei cooperation
U.S. Republican Senator Tom Cotton cautioned Britain on Wednesday that a decision to allow China's Huawei a role in 5G networks could hurt military cooperation and...
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.
Nomura considers having fewer staff at headquarters permanently
Nomura Holdings Inc is considering having fewer staff work at its Tokyo headquarters permanently now that the coronavirus pandemic has spurred a huge shift to remote...
Geely's Volvo Cars sales soar 40% in May vs month-ago as virus curbs ease
Volvo Cars, owned by China's Geely Holding, said on Wednesday it sold 40% more cars in May than in April, as restrictions to contain the spread...
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...
Global shares hit 3-month highs on economic recovery hopes
World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave...
Global smartphone shipments to fall 12% this year on virus woes: IDC
Global smartphone shipments will fall nearly 12% to 1.2 billion units in 2020, market research firm IDC said on Wednesday, citing lower consumer spending due to...
Renault finalises 5 billion euro state-backed loan
Renault finalised on Wednesday a 5 billion euro ($5.60 billion) loan from with the French government, strengthening the carmaker's finances in the wake of the coronavirus...
Why Covid is your ticket to working by the beach
Sifted Marie Mawad Jun 2, 2020 If everyone’s working remotely, will Europe’s tech capitals lose to smaller hubs with lifestyle perks? Marseille for one is making...
Shell weighs sale of $2 billion-plus stake in Queensland LNG facilities
Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant...
Geely's Polestar to open 20 showrooms in China to compete with Tesla
Polestar, the premium electric vehicle maker owned by China's Geely, plans to open 20 showrooms in the mainland, as it prepares for delivery of its Polestar...
China drives global oil demand recovery out of coronavirus collapse
China's oil demand has recovered to more than 90% of the levels seen before the coronavirus pandemic struck early this year, a surprisingly robust rebound that...
TUI strikes compensation deal with Boeing, delays 737 MAX orders
TUI Group , Europe's biggest travel company, said it had struck a deal with aircraft maker Boeing for compensation and slower delivery of the 737 MAX...
There's a 'huge disconnect' between the stock market and economy. Here's why
The stock market has rallied 38% from its recent bottom in March, even as unemployment soars and near-term economic forecasts remain bleak.
Walmart removes firearms, ammunition from floor display as protests rage in U.S
Walmart Inc said on Wednesday it shifted firearms and ammunition out of sales floors of some U.S. stores amid nationwide protests over the death of an...
Renault finalises 5 billion euros credit facility with French state
Carmaker Renault finalised on Wednesday a 5 billion euros ($5.60 billion) credit facility with the French government, strengthening Renault's finances in the wake of the coronavirus...