Futures climb ahead of Fed Chair Powell's address
U.S. stock index futures rose on Wednesday, after Wall Street's main indexes fell sharply in the previous session, with markets also awaiting comments from Federal Reserve...
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.
EasyJet, Germanwings lose legal fight against EU's Italian airport ruling
Easyjet and Lufthansa's Germanwings on Wednesday lost their challenge against an EU ruling ordering Italy to recover illegal state aid granted to airlines serving Sardinia.
Trading volume for electronic brokers doubled last quarter and shows no signs of letting up
In the first quarter alone, Daily Average Revenue Trades (DARTs) have doubled for most of the eBrokers compared to the same period in 2019.
CMA CGM taps French loan scheme to boost cash in coronavirus crisis
Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster...
Mitsubishi slashes SpaceJet budget, drops variant
Mitsubishi Heavy Industries (MHI) said it was more than halving the annual development budget for its SpaceJet regional jet as the coronavirus pandemic squeezes profit, and...
Qatar Airways in talks to defer Airbus, Boeing orders: SCMP
Qatar Airways, one of the Middle East's biggest airlines, is in talks with Airbus and Boeing to defer aircraft orders for several years, its chief executive...
Korean Air to issue $817 mln in new shares as virus strains industry
South Korea's largest airline, Korean Air , plans to sell around 1 trillion won ($816.55 million) in new shares in its biggest rights issue in 20...
Fed's Powell to assess next phase of pandemic economy
Federal Reserve Chair Jerome Powell, having overseen the rapid creation of the central bank's massive network of pandemic-era programs, turns his attention Wednesday morning to where...
Tesla's California fight heats up competition for jobs
Tesla Inc Chief Executive Elon Musk's fight with local authorities over the reopening of its California plant has gotten the attention of those who scout sites...
Sony braces for lowest profit in four years, hit broadly by coronavirus
Sony Corp expects operating profit to drop at least 30% this financial year to its lowest in four years as the company anticipates a hit to...
Futures rise ahead of Fed Chair Powell's address
U.S. stock index futures edged higher on Wednesday, a day after Wall Street's main indexes fell, as investors kept an eye out for Federal Reserve Chairman...
TUI to cut jobs and costs as it prepares for July holiday restart
Travel group TUI will cut 8,000 jobs and look to shed 30% of its costs as it gears up for a July restart to European tourism,...
Maersk sees drop in global ship container demand this year
Shipping group A.P. Moller-Maersk warned of a sharp drop in global container volumes due to the coronavirus pandemic, with weaker retail sales and depressed car production...
Korean Air to issue $817 million in new shares as virus strains industry
South Korea's largest airline, Korean Air , said on Wednesday its board decided to sell about 1 trillion won ($816.55 million) in new shares to raise...
Forex firm Travelex to default on coupon payment
Currency service provider Travelex [TFPI.UL] said on Wednesday it would default on a 14.4 million euro ($15.6 million) coupon payment on some of its senior notes...