Lufthansa unit Eurowings to cut a third of head-office staff
Eurowings, the low-cost airline owned by Lufthansa , said it would cut a third of the jobs at its headquarters as part of wider efforts to...
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.
Uber India cuts 600 jobs amid coronavirus outbreak
Ride hailing company Uber Technologies Inc's Indian arm will cut 600 jobs across functions, as it navigates a strict coronavirus lockdown that has brought businesses to...
Oil prices climb as faith grows that suppliers will meet pledge to cut output
Oil prices rose on Tuesday, supported by growing confidence in the market that producers will come good on commitments to cut crude supply while demand picks...
Macau gambling king Stanley Ho's family confirms his death at age 98
Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died peacefully...
Casino king Stanley Ho: the man who built the gambling hub of Macau
Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on...
Insurer AXA to pay out to restaurants after court ruling
AXA said on Tuesday it would meet the bulk of claims from some restaurant owners after a Paris court ruled last week the French insurer should...
Macau gambling king Stanley Ho dies aged 98
Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died peacefully...
Tencent to invest $70 billion in 'new infrastructure'
Chinese tech giant Tencent Holdings will invest 500 billion yuan ($70 billion) over the next five years in technology infrastructure including cloud computing, artificial intelligence and...
EasyJet says finance chief Findlay to leave in 2021
British low cost airline easyJet said chief financial officer Andrew Findlay will leave the company in May 2021, and it had started the search for his...
Japan shares scale 10-week peak, S&P 500 up sharply
Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors brushed past Sino-U.S. trade tensions to more stimulus in...
Aston Martin confirms Mercedes boss Moers will replace CEO Palmer
Aston Martin confirmed on Tuesday that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer who stepped down on Monday.
Uber-rival Bolt raises 100 million euros
Ride-hailing service Bolt said on Tuesday it has raised 100 million euros ($109 million) from London-based investment firm Naya Capital Management in a deal valuing the...
Japan shares scale 10-week peak, S&P 500 breaks 3,000 barrier
Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in...
Korean prosecutors question Samsung heir in succession-related probe
Samsung Group heir Jay Y. Lee was questioned on Tuesday by prosecutors about a controversial 2015 merger and alleged accounting fraud that they said may have...
Chile's LATAM Airlines files for U.S. Chapter 11 bankruptcy protection
LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and U.S. have filed for Chapter 11 bankruptcy protection...