Britain's Superdry sales plunge 37% as stores shuttered
British fashion retailer Superdry said on Thursday its revenue plunged 37% in its latest quarter, reflecting the closure of its stores across the world due 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.
Liberty and Telefonica in $38 billion UK tie-up to take on BT
Liberty Global Plc and Telefonica SA have agreed to merge their British businesses in a $38 billion deal including debt that will step up the challenge...
Rolls-Royce signals job cuts as lowers engine output forecast
British aero-engine maker Rolls-Royce signalled on Thursday it expects to cut some of its workforce, after reports that it was considering cutting up to 8,000 jobs...
Nintendo smashes Switch sales forecast as Animal Crossing sales top 13 million
Japan's Nintendo Co Ltd said on Thursday it sold 21 million Switch units in the year ended March, smashing its forecast of 19.5 million units, with...
UK parliament tells Barclays CEO: explain emergency business loans delays
The British parliament's treasury committee chairman has told the chief executive of Barclays to explain delays to granting emergency loans to small businesses.
Britain's GSK to sell entire stake in Hindustan Unilever
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva)
Norwegian Air says share issue oversubscribed
Norwegian Air's deeply discounted 400 million crowns ($39 million) share issue, part of the company's financial rescue plan, has now been oversubscribed by investors, the budget...
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...
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...
After the triumph of Animal Crossing, a thin pipeline for Nintendo
The runaway success of Nintendo Co Ltd's island life simulator Animal Crossing: New Horizons has overshadowed an uncomfortable fact for fans of the Switch console -...
The pandemic ‘unicorn’: Canadian startup dependent on travel joins $1-billion-plus club
Financial Post James McLeod May 5, 2020 Platform connects international students to universities, colleges and high schools with one application system University campuses around the world...
Next enters British beauty contest in former Debenhams stores
British clothes retailer Next will open five standalone beauty halls in former Debenhams stores across the country as a first step in its ambition to become...
Wall Street jumps as PayPal outlook, China data fuel recovery hopes
U.S. stocks jumped on Thursday as investors were encouraged by PayPal's outlook and an unexpected rise in Chinese exports, which raised hopes of an economic recovery.
Lufthansa seeking 9 billion euro bailout
Lufthansa on Thursday said it is negotiating a 9 billion euro ($9.71 billion) "stabilisation package" with Germany's Federal Economic Stabilization Fund, confirming an earlier Reuters report.
Lloyd Blankfein says big companies should be 'very reluctant' to tap small business relief program
Blankfein may be speaking from experience: Goldman took $10 billion from the Treasury's Troubled Asset Relief Program in October 2008.