Dollar gains and yuan hits nine-month low as U.S.-China tensions return
The U.S. dollar edged higher on Wednesday and China's yuan hit a near nine-month low as worries about the U.S. response to China's proposed security law...
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.
Drugmaker Sanofi to raise over $11 billion via sale of Regeneron shares
Sanofi will raise over $11 billion from the sale of 21.6 million shares in its U.S. partner Regeneron , the French drugmaker said on Wednesday, adding...
Dollar gains, yuan takes hit as Hong Kong simmers
The dollar edged higher on Wednesday as worries about the U.S. response to China's proposed security law and renewed protests in Hong Kong supported safe-haven demand...
Oil falls on demand concerns, tensions over Hong Kong
Oil prices fell on Wednesday as concerns over how quickly fuel demand will recover tempered an easing of lockdowns to halt the spread of coronavirus, while...
Tesla to cut car prices in North America, China
Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont,...
Asian shares defy global rally as Hong Kong unrest rattles investors
Fresh political unrest in Hong Kong over Beijing's proposed national security laws in the city hit Asian share markets on Wednesday, even as optimism about the...
Administrators deny South African Airways set to start flying
Administrators for state-owned South African Airways (SAA) said on Wednesday the airline is not aiming to resume domestic flights from mid-June, rejecting a statement from the...
Mexico's auto industry restart gathers steam as lockdown eases
Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even as the wait...
Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources
Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates...
Hong Kong lines up MSCI derivatives launch amid doubts on city's future
Hong Kong's exchange is launching derivatives with index provider MSCI in a deal that hurts rival Singapore and boosts its global appeal amid U.S. warnings that...
Renault, Nissan aim to cut costs with production shake-up
Renault, Nissan Motor Co and Mitsubishi Motors Corp said on Wednesday that they aimed to produce nearly half of their car output under a new alliance...
Boeing set to announce significant U.S. job cuts this week: union
Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000...
Ford sets May 28 as provisional date for gradual restart of Mexican plant
U.S. automaker Ford has set May 28 as a provisional date for the gradual restart of its plant in Hermosillo, Mexico, according to a letter to...
Asian shares slip as new Hong Kong tensions rise
Asian shares slipped on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy.
China's GAC keeps target of 3% sales growth despite coronavirus pressure
Chinese automaker GAC , which has partnered with Toyota , Honda and FCA , will stick to an annual target of 3% in sales growth this...