Oil gains for fourth day on signs of output cuts, better demand
Oil prices rose for a fourth straight session on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by...
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.
Thyssenkrupp CEO: no taboos in steel consolidation plans
Thyssenkrupp's CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, with options ranging from selling a majority to buying peers.
Trump signs deal with company in effort shift drug manufacturing to U.S.: New York Times
The United States will announce on Tuesday that it has signed a $354 million contract with a company to make generic medicines and pharmaceutical ingredients in...
From Alibaba to Xiaomi, China tech giants set to benefit as Hong Kong changes stock index rules
A major revamp of Hong Kong's benchmark Hang Seng index is set to pave the way for Chinese tech giants to benefit and expand their trading...
Asia shares rally on vaccine hopes, oil retreats after early gains
Asian shares extended gains on Tuesday as more countries emerged from their economic lockdowns and a successful early-stage trial of a coronavirus vaccine cheered sentiment, although...
Regulator asks for Credit Suisse directors' mobile data in spy inquiry: sources
Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supervisory board directors as part of a probe into...
Powell, Mnuchin to face Senate grilling on U.S. coronavirus response
The U.S. government's handling of its massive economic response to the coronavirus pandemic will come under scrutiny on Tuesday as Treasury Secretary Steven Mnuchin and Federal...
Long-lasting global recession likely due to COVID-19, says World Economic Forum report
Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday.
Electric car sales to fall, but not as much as other vehicles: research
Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF)...
White House panel: Build new tech infrastructure for future jobs
A White House advisory panel on Tuesday will call for the government and private industry to work together to build new technological infrastructure to support future...
Oil prices mixed as Brent retreats on profit-taking after rally
Oil prices were mixed on Tuesday, with Brent pulling back from an early gain on profit-taking, while U.S. crude extended its rally amid signs that producers...
Financial gain trumps espionage as top motivator in cyber attacks: report
Money trumped spying as the top motivator for data breaches last year, according to Verizon's annual report on cyber crimes published on Tuesday.
Tesla's China car registrations plunge 64% month-on-month in April
U.S. electric vehicle maker Tesla Inc's China car registrations slumped 64% in April, month on month, data from auto consultancy LMC Automotive showed.
Visa’s digital dollar concept opens a door to central bank currencies
American Banker John Adams May 18, 2020 The coronavirus recovery is accelerating government involvement in payments, providing Visa a chance to turn a developing currency concept...
HSBC sees double-digit wealth asset growth in Asia by 2023
HSBC Holdings PLC expects to achieve double-digit asset growth in its newly combined wealth business in Asia Pacific in the next three years, as it looks...