Smithfield Foods to restart South Dakota pork plant from May 7
Smithfield Foods Inc will restart its plant in Sioux Falls, South Dakota from May 7 after being idled for more than three weeks due to 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.
The magic word for Detroit automakers is trucks
The coronavirus pandemic brought the U.S. auto industry to its knees, but Americans' love affair with beefy pickup trucks is helping the Detroit automakers get on...
Barrick profit jumps on higher prices, trims gold 2020 output
Miner Barrick Gold Corp reported a nearly 55% rise in quarterly adjusted profit on Wednesday, benefiting from a surge in gold prices, but trimmed production outlook...
BMW to delay Hungary plant in coronavirus savings drive
BMW will put investments on hold as it seeks to conserve cash to counter a fall in demand caused by the spread of the coronavirus pandemic,...
VW sees multi-speed coronavirus rebound led by China
Volkswagen said demand in China was rebounding, thanks to customers who want to switch from public transport to personal vehicles, but warned sales would not recover...
Tech leads Wall Street higher as financials fall
The benchmark S&P 500 rose modestly on Wednesday, with gains in technology shares offsetting declines in financials and defensive groups as data showing U.S. private employers...
Breakout time behind plexiglass: Renault factory restarts in France
With temperature scanners on the door and tables partitioned by plexiglass shields in the breakout area, workers at one of Renault's French plants are adjusting to...
UK watchdog deems Shell's 'drive carbon neutral' ad campaign acceptable
A Royal Dutch Shell advertising campaign promising customers they can "drive carbon neutral" has been deemed acceptable under Britain's advertising rules following an investigation, regulators said...
Fed lending program not for insolvent oil drillers, Kaplan says
Insolvent or overly leveraged firms, including oil drillers and oil services firms, won't be able to tap the U.S. central bank's "Main Street" emergency lending program,...
United Airlines to raise $2.25 billion in bonds, rolls back plan to cut work hours
United Airlines Holdings Inc said on Wednesday it plans to raise $2.25 billion through a bond offering amid a coronavirus-linked slump in air travel demand, and...
Barrick profit jumps on higher gold prices, eyes deals
Barrick Gold Corp posted a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including in...
Samsung heir Lee apologises over succession, won't hand control to children
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday made a rare apology over controversial succession plans and said he will not...
World shares subdued amid mixed earnings; oil falters
Global shares struggled on Wednesday as mixed earnings, doubts about the easing of coronavirus lockdowns and simmering U.S.-China tensions cast a pall over markets.
Samsung heir Lee apologises over succession, labour controversy
Samsung Group heir Jay Y. Lee, embroiled in a bribery scandal, on Wednesday apologised over controversial succession plans and said he will not hand over management...
Asian shares gain on 'risk-friendly' yuan fixing, oil falters
Asian shares extended gains on Wednesday, as investors saw China's yuan fixing offering a modest olive branch to Washington amid a resurgence in trade tensions, while...