Stocks adrift as vaccine rally falters; gold and bonds rise
Asian stocks struggled to extend the week's rally on Wednesday, and gold and bonds firmed, as a sceptical press report dented some hopes for a COVID-19...
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.
Angola's oil exploration evaporates as COVID-19 overshadows historic reforms
The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drilling to a halt...
Britain's Rolls-Royce to cut 9,000 jobs amid air travel slump
Britain's Rolls-Royce said it would cut at least 9,000 jobs from its global staff of 52,000 to adapt to the much smaller aviation market that will...
Oil steady as economic worries offset signs of firmer demand
Oil prices held steady on Wednesday despite signs of improving demand and a drawdown in U.S. crude inventories, as worries over the economic fallout from the...
Did hedge funds score on masks and sanitizer? Not so much
What would seem like a sure win for elite investors - early bets on companies racing to make face masks, hand sanitizer and other coronavirus-related protective...
IRS will allow people to put away more money in health savings accounts
Uncle Sam will allow you to put away up to $3,600 into a health savings account in 2021 if you have self-only coverage and a high-deductible...
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...
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...
Zalando proposes Rent The Runway CEO to join board
German online fashion retailer Zalando proposed on Wednesday that Jennifer Hyman, the chief executive of U.S. clothing rental firm Rent the Runway, joins its supervisory board,...
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...
Fed mulls firmer rate guidance, adding dates or goals, minutes show
Federal Reserve policymakers last month opened a broad debate over what they can and should to do to boost the effectiveness of their monetary policy tools...
Stocks rally on reopening, stimulus hopes
The three major averages on Wall St were poised for their fourth gain in five session on Wednesday as investors again bet on a swift economic...
S&P 500 hits two-month high on growing recovery hopes
The S&P 500 hit more than a two-month high on Wednesday as signs of additional economic stimulus raised hopes of a swift recovery from a coronavirus-driven...
At Fiat Chrysler's Brazil plant, production resumes with safety checks
Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles have to get a health check using a mobile app every...