Futures retreat as Sino-U.S. tensions simmer
U.S. stock index futures retreated on Friday as growing tensions between Washington and Beijing added to fears of a slower recovery from a coronavirus-led recession.
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.
Amazon to hire 50,000 temp workers in India as lockdown boosts demand
Amazon.com Inc's India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the country, where customers have been stuck...
$600 unemployment benefit will likely end July 31
That extra $600 a week in federal aid that jobless workers currently receive in unemployment benefits will only last for a few months.
Ryanair's Lauda airline to close Vienna base, 300 jobs to go
Ryanair's Austrian airline Lauda on Friday said it would shut down its main Vienna base on May 29 with the loss of more than 300 jobs...
China's Geely to explore deeper cooperation with Daimler: chairman
China's Geely will explore the possibility of deeper cooperation with German luxury automaker Daimler AG , its Chairman Li Shufu said on Friday.
EasyJet chairman says proxy votes show founder lost key challenge
EasyJet said founder Stelios Haji-Ioannou had failed in his attempt to oust the CEO, chairman, CFO and another director, preliminary results of a shareholder vote showed.
Oil drops over 5% on China-U.S. tensions, demand doubts
Oil fell over 5% on Friday towards $34 a barrel as tensions rose between the United States and China, and doubts grew about the pace of...
Tensions over Hong Kong unnerve world stocks, oil tumbles
World stocks took a hit on Friday as China moved to impose a new security law on Hong Kong after last year's pro-democracy unrest, further straining...
Oil prices drop as China-U.S. tensions grow, Beijing fails to set economic growth target
Oil prices fell on Friday as tensions rose between the U.S. and China and as Beijing failed to set target for economic growth this year, stoking...
Banks pursue Luckin Coffee chairman's assets after loan default
The banks that lent $518 million to Luckin Coffee Chairman Charles Zhengyao Lu have started court proceedings to liquidate his private company, a government gazette for...
Renault could disappear and must adapt: French finance minister
Renault could disappear if it does not get help very soon to cope with the fallout from the coronavirus crisis, France's Finance Minister Bruno Le Maire...
Vodafone names Heineken's Van Boxmeer as new chairman
Vodafone , the world's second-biggest mobile operator, has recruited Jean-Francois Van Boxmeer, the current CEO of brewer Heineken , to succeed Gerard Kleisterlee as chairman from...
Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint
Global shares tumbled on Friday as Hong Kong's political unrest returned as a flashpoint in fast-deteriorating U.S.-China relations, following Beijing's moves to impose a new security...
Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo
Nissan Motor Co is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese...
China's biggest automaker expects domestic car sales to pick up in second quarter
China's biggest automaker SAIC Motor expects the nation's auto sales to post year-on-year growth in the second quarter due to recovering demand and supportive policies, its...