Stocks adrift as vaccine rally falters; gold and bonds rise
Asian stocks struggled to extend the week's rally on Wednesday, and gold and bonds firmed, as a sceptical press report dented some hopes for a COVID-19...
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.
Norwegian Air gets $271 million state-backed loan after debt restructuring
Budget airline Norwegian Air has secured a long-sought credit guarantee from Norway's government after completing a debt restructuring, it said on Wednesday, allowing it to survive...
UK will look at helping Rolls Royce employees and the sector: minister
Britain will look at how it can help the employees of Rolls-Royce after the engine maker said it would cut at least 9,000 jobs from its...
Rolls Royce could shut some factories with job cuts programme: CEO
Rolls Royce could close some of its factories as part of a programme to cut 9,000 jobs in response to the crisis in the global aviation...
U.S. blacklists Chinese logistics firm over business with Iran airline
Washington on Tuesday imposed sanctions on a China-based company it accused of acting on behalf of U.S.-blacklisted Mahan Air, the Treasury Department said, and denounced the...
Britain's Rolls-Royce to axe 9,000 jobs in air travel slump
Rolls-Royce plans to cut at least 9,000 jobs, or more than a sixth of its workforce, in the latest blows to the UK economy and aviation...
Dutch government's 2019 purchase of Air France-KLM shares 'irregular': audit office
A 2019 move by the Dutch government to buy a 14% stake in Air France-KLM was not in accordance with the country's laws, the Netherlands' Court...
Norwegian Air's lessors including China's BOC take main ownership
Lessors including China's BOC Aviation are now the biggest shareholders in Norwegian Air after the budget carrier completed a debt restructuring and secured a long-sought credit...
Germany approves new powers to block foreign takeovers in healthcare
Germany gave itself new powers to veto hostile foreign takeover bids for healthcare companies on Wednesday, a measure designed to ensure a continuous supply of essential...
Stocks adrift as vaccine rally falters
European stocks slipped lower on Wednesday and gold gained as a sceptical press report undermined some hopes for a COVID-19 vaccine and concern about obstacles to...
Lowe's beats sales estimates as lockdowns spur home improvement spending
Lowe's Cos Inc beat quarterly estimates for same-store sales on Wednesday, as coronavirus lockdowns led people to spend more on tools and paint for home remodeling...
Target profit sinks 64% as COVID-19 costs offset gains from sales surge
Target Corp reported a 64% plunge in quarterly profit on Wednesday, pummeled by costs to tackle the coronavirus outbreak, even as panic-buying during the crisis lifted...
Rationale for FCA-PSA merger deal 'stronger than ever': Elkann
The reasons behind the proposed merger of car makers Fiat Chrysler and Peugeot-owner PSA are "stronger than ever" as the COVID-19 pandemic adds to existing challenges...
Deutsche Bank CEO says bank must be more profitable before consolidating
Deutsche Bank's CEO said the bank needed to become more profitable before taking a leading role in European banking consolidation and dismissed concerns it would need...
Oil up on lower U.S. stocks, firmer demand
Oil prices firmed on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories, but worries over the economic fallout from the coronavirus...