TUI strikes compensation deal with Boeing, delays 737 MAX deliveries
Europe's biggest travel company, TUI Group , said it has struck a deal with Boeing for compensation and deferred deliveries of the grounded 737 MAX jet,...
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.
Saudi, Russia reach deal on oil cuts, raising 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. private payrolls fall less than expected in May
U.S. private payrolls fell less than expected in May, with employers laying off another 2.76 million workers.
Here's how far hackers are willing to go to steal your stimulus check
Rip-off artists will stop at nothing to trick confused Americans out of their cash. Scammers created more than 145,000 fishy domain registrations using the term "stimulus...
3M names General Electric exec Monish Patolawala as CFO
U.S. industrial conglomerate 3M Co on Wednesday appointed General Electric Co executive Monish Patolawala as the company's chief financial officer, effective July 1.
Oil falls from $40 on doubts over early OPEC meeting
Oil fell after touching its highest since March at more than $40 a barrel on Wednesday, pressured by doubts that an early meeting of OPEC and...
Lufthansa expects significantly larger loss in second quarter
Lufthansa expects a significantly larger loss in the second quarter of this year, the airline group's finance chief said on Wednesday.
Saudi, Russia reach deal on oil cuts, raising pressure on laggards
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure on...
Coty in talks to collaborate with Kim Kardashian for cosmetics line
Coty Inc is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty line, the cosmetics maker disclosed in a...
Iberdrola to invest up to 4 billion euros in French renewable energy
Spanish utility Iberdrola said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop renewable...
Oil tops $40 on OPEC cuts and demand recovery
Oil climbed above $40 a barrel for the first time since March on Wednesday, supported by signs of recovery in coronavirus-hit demand, lower U.S. inventories and...
Lufthansa vows company revamp as losses balloon
Lufthansa vowed to step up up restructuring measures after posting a first-quarter net loss of 2.1 billion euros ($2.35 billion), days after agreeing a state bail-out...
Germany's Lufthansa posts first-quarter net loss of 2.1 billion euros
German airline Lufthansa posted a net loss of 2.1 billion euros ($2.35 billion) in the first quarter, writing down the value of assets as the coronavirus...
As Asia's tropical storm season arrives, grounded airplanes at risk of damage
Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region's tropical storm season begins, as hundreds of aircraft...
BlackRock focuses on China credit, oil and travel in Asia
The world's biggest asset manager, BlackRock Inc , called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its Asia...