China's Geely Automobile launches share placement of up to $859 million
China's Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.
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.
Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. tax
Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has...
Coronavirus unleashing new wave of U.S. layoffs
The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and...
Trump executive order takes aim at social media firms: draft
U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for...
Despite rally, 2020 to be worst year for stocks in nearly a decade: Reuters poll
This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by Reuters...
Exclusive: TikTok owner ByteDance moves to shift power out of China - sources
TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift...
Debt balances rise as the debate over extending student loan forgiveness continues in Congress
As the debate over extending student loan forgiveness continues in Congress, this year's crop of high school graduates are taking on more college debt.
Oil prices steady, awaiting confirmation of surprise U.S. inventory build
Oil futures steadied on Thursday as the market awaited confirmation of industry data that showed a surprise increase in U.S. crude stocks, which offset hopes for...
Oil drops as surprise U.S. stock build douses demand recovery hopes
Oil prices slid for a second consecutive session on Thursday as U.S. industry data showed a steep and surprising build-up in crude stockpiles, dampening hopes of...
Trump's executive order targets political bias at Twitter and Facebook: draft
U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter , Facebook and Alphabet's Google from being responsible...
New wave of U.S. layoffs feared as coronavirus pain deepens
Job cuts by U.S. state and local governments whose budgets have been crushed fighting the COVID-19 pandemic and more second-wave layoffs in the private sector likely...
U.S. stocks to end year around current levels as virus takes toll: Reuters poll
U.S. stocks will end this year around current levels as the coronavirus pandemic cripples the economy and eats into earnings, according to strategists polled by Reuters.
Volkswagen raises China electric vehicle bet by 2 billion euros, buys stakes in two separate firms
Volkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet...
SoftBank Vision Fund head's pay doubled last year despite massive losses
SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's...
Travel disruptions, cost cutting key issues for U.S. business in China: report
Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19...