Coronavirus crushes Australia's dividends with banks leading the decline
Australia has made the deepest dividend cuts globally this year, with more than $6 billion deferred or cancelled as companies conserve cash to ride out the...
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.
Outlook for European corporate profits worsens further
Expectations for second- and third-quarter corporate profits are deteriorating further in Europe, despite a gradual easing across the continent of lockdowns aimed at curbing the coronavirus...
Johnson & Johnson to stop selling talc baby powder in U.S. and Canada
Johnson & Johnson on Tuesday announced it would stop selling its talc Baby Powder in the United States and Canada, saying demand had dropped in the...
U.S. House to vote on extending small business coronavirus loan program
Lawmakers in the U.S. House of Representatives plan to vote again next week on giving small businesses more time to utilize their coronavirus aid under the...
Global green energy growth to fall for first time in 20 years: IEA
Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to...
JPMorgan to use common desks to make offices easier to clean after pandemic
When JPMorgan Chase & Co staff return to offices in regions slowly re-opening from the coronavirus lockdown, some may be required to sit at common desks,...
Investor Ricky Sandler pushes for herd immunity approach to coronavirus after his hedge fund loses billions
Hedge fund manager Ricky Sandler is privately telling his friends that he supports the idea of herd immunity as a way to fight the coronavirus and...
U.S. regulators open door to possible tightening of Huawei chip curb
U.S. regulators are open to making changes to close what some see as a loophole in a new rule aimed at curbing global chip sales to...
Fed debates longer-term crisis-fighting plan, minutes show
Federal Reserve policymakers, still working to fully roll out a multi-trillion-dollar effort to shore up financial markets and an economy cratered by the coronavirus pandemic, last...
Expedia posts bigger quarterly loss as pandemic impact takes toll
Online agent Expedia Inc posted a bigger quarterly loss on Wednesday, as the COVID-19 pandemic decimated travel demand and kept people under government-mandated lockdowns.
Germany agrees on rescue package for Lufthansa: media
The German government has agreed on final details of a rescue package for airline carrier Lufthansa , media reported on Wednesday.
Ford shuts two U.S. assembly plants due to COVID-19 infections
Ford Motor Co on Wednesday closed two U.S. assembly plants as the coronavirus pandemic wreaked early havoc with the No. 2 U.S. automaker's plan to restart...
Wall Street climbs on stimulus hopes, as S&P, Nasdaq hit multi-month highs
The three major averages on Wall St. notched their fourth gain in five sessions on Wednesday as investors again bet on a swift economic recovery from...
Four Democratic U.S. senators warn against Uber buying Grubhub
Four Democratic lawmakers, led by Senator Amy Klobuchar, wrote to antitrust enforcers on Wednesday to warn that plans by Uber Technologies Inc, owner of Uber Eats,...
Canadian Council of Insurance Regulators and Canadian Insurance Services Regulatory Organizations announce Fintech/Insurtech Advisory Hub
McCarthy Tetrault Ana Badour May 11, 2020 On May 7, 2020, the Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO)...