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...
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.
As America reopens, prepare for a flood of coronavirus workplace lawsuits
As businesses reopen, protecting customers and employees is critical for companies that fear a wave of potential Covid-19 legal liabilities.
Norwegian Air's lessors take majority ownership
Lessors including AerCap and BOC Aviation are now the biggest shareholders in Norwegian Air after the budget carrier completed a debt restructuring and secured a long-sought...
Harley plans to ship fewer models to U.S. dealer: WSJ
Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on...
Stocks gain as vaccine rally falters
Global stocks rose on Wednesday as investors regained hopes of recovery from a coronavirus-fuelled recession, while oil prices also strengthened.
Target's coronavirus-led online sales surge comes at heavy costs
Target Corp's quarterly online sales surged 141% due to panic buying in the coronavirus crisis, the retailer said on Wednesday, driving results past Wall Street expectations...
Delta CEO: More summer flights seen as U.S. travel slowly rises
Delta Air Lines Inc is likely to increase capacity this summer by adding flights in June and July as U.S. domestic travel slowly picks up amid...
Post-pandemic, remote learning could be here to stay
Going forward, schools will likely take a different approach to virtual learning and face-to-face instruction.
Canada Goose lays off 250 workers: WSJ
Canada Goose Holdings Inc has laid off about 250 workers, as the COVID-19 pandemic saps demand for the company's luxury parkas, the Wall Street Journal reported...
Japan 'closely communicating' with U.S. after arrest of two men over Ghosn escape: source
Japan is closely communicating with relevant U.S. authorities following the U.S. arrest of two men on charges they enabled former Nissan Motor Co chairman Carlos Ghosn...
Canada Goose lays off 125 workers
Retailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5% of its global workforce, as part of steps to cope...
No going back: New imperatives for European banking
McKinsey Company By Matthieu L, Debasish P, Ildiko R, Hiro S, and Marcus S May 18, 2020 Now is the time for Europe’s banking leaders to...
Oil gains, stocks rally on renewed recovery hopes
Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet on a rapid recovery from...
Dow shuts Midland operations after flood waters sweep in
Dow Inc said on Wednesday it has shut down all operating units at its headquarters in Midland, Michigan, after flood waters breached its sites following the...
Volkswagen admits car ad racist, apologizes
Volkswagen withdrew on Wednesday an advert posted on its official Instagram page for its Golf cars that it admitted was racist and insulting, saying it would...