Harley appoints turnaround specialist Jochen Zeitz to revive sales
Harley-Davidson Inc on Thursday appointed board member and turnaround specialist Jochen Zeitz to the role of chief executive officer, as the struggling motorcycle maker looks to...
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.
Luxury department store chain Neiman Marcus files for bankruptcy
Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to...
IAG CEO says would like group to continue to have presence at Gatwick
The chief executive of British Airways-owner IAG Willie Walsh said on Thursday that his personal was that the airline group should continue to have a presence...
Global luxury gloom to deepen despite easing lockdowns: Bain
Global sales of luxury goods are expected to slump by 50% to 60% in the second quarter even as some countries begin to ease coronavirus lockdowns...
Britain's Next plans first beauty shops in former Debenhams stores
British clothing retailer Next said on Thursday it plans to open its first standalone beauty shops by taking space in five former Debenhams stores, seeking to...
H&M's sales tumble, stockpiles grow in March to May
H&M , the world's second-biggest fashion retailer, said local currency sales had tumbled 57% since the start of March compared with a year ago as the...
PayPal sees strong second quarter as online spending surges (May 6)
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even...
Investors are betting two of the hardest hit groups — energy and airlines — have bottomed
The last few weeks have seen many unusual flows into exchange-traded funds that offer an insight into the market recovery.
H&M sales fall 57% year-on-year in March through early May
Swedish fashion retailer H&M said on Thursday its sales tumbled 57% from a year ago in local currencies during the March 1 to May 6 period...
Stocks cheer China trade relief, bonds face debt deluge
World shares climbed on Thursday after Chinese exports proved far stronger than even bulls had imagined, while bond investors were still daunted by the staggering amount...
Italy to inject 3 billion euros in new Alitalia: industry minister
Italy's government will inject fresh capital worth at least 3 billion euros ($3.24 billion) in the ailing carrier Alitalia, which is being nationalised following financial problems,...
Qatar Airways in talks with banks for billions of dollars in loans: sources
Qatar Airways is in talks with banks for loans worth billions of dollars, three sources familiar with the matter said, as the state-owned airline readies to...
British Airways owner IAG must restructure across the board: Walsh
The owner of British Airways, Iberia, Vueling and Aer Lingus must cut costs across the board to weather the coronavirus crisis as air travel won't return...
Climate activists spray 'fake oil' onto Barclays HQ in London's Canary Wharf
Climate activists from the Extinction Rebellion group sprayed "fake oil" onto the Barclays headquarters in London's Canary Wharf on Thursday, calling on the bank to divest...
Nintendo smashes Switch sales view; says Animal Crossing is device's fastest-selling game
Japan's Nintendo Co Ltd said on Thursday its fourth-quarter profit soared 200% due to surging demand for its Switch games console, and that title Animal Crossing:...