Swiss trial begins of banker alleged to have ignored 1MDB warnings
A banker went on trial in Switzerland on Tuesday charged with failing to sound the alarm over millions of dollars linked to scandal-tainted Malaysian sovereign wealth...
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.
Hertz awards over $16 million in retention bonus to key executives
U.S. car rental company Hertz Global Holdings said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives at...
Factbox: Airlines crumble around the globe amid coronavirus pandemic
The coronavirus crisis, which has virtually grounded global air traffic since March, has pushed several struggling airlines over the edge.
LATAM becomes largest airline yet driven to bankruptcy by coronavirus
Chile's LATAM Airlines Group filed for U.S. bankruptcy protection on Tuesday, becoming the world's largest carrier so far to seek an emergency reorganization due to the...
New emissions blow for VW as German court backs damages claims
Volkswagen must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker...
Germany's Scholz: Lufthansa rescue package should yield 'small profit' for state
Germany's rescue package for flagship carrier Lufthansa is a "very, very good solution" that is taking into account the needs of both the company and taxpayers,...
Lufthansa says Germany approves stabilization package
Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany's flagship carrier said on Monday.
Exclusive: Cathay Pacific's brand merger hits roadblock from China's aviation regulator - sources
China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of...
Chile's Latam Airlines Group hires PJT Partners to restructure debt: report
Chile's Latam Airlines Group SA has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three countries,...
Japan shares hit 10-week peak, S&P 500 tests 3,000
Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in...
Samsung Group heir questioned by prosecutors over contentious 2015 deal
Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group's affiliates, Yonhap...
Michelin says its Mexican plants have resumed operations
French tire maker Michelin resumed operations at its two plants in Mexico on Monday, saying that activity will be staggered at first.
Daimler to invest in Chinese EV battery maker Farasis' $480 million IPO: sources
Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it...
Japan shares reach 10-week high, look past Sino-U.S. tension
Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in U.S. stock futures as investors looked past Sino-U.S. trade tensions...
Walmart de Mexico says it has paid $358 million to tax authorities
Mexico's biggest retailer, Walmart de Mexico, said on Monday that it had paid 8.08 billion pesos ($358 million) to Mexican tax authorities in relation to its...