Stocks head for best month on record ahead of ECB
World stocks headed for their best month on record on Thursday, as encouraging early results from a COVID-19 treatment trial and expectations of more European Central...
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.
Oil prices rise on early signs of pick up in fuel demand
Oil prices jumped on Thursday, lifted by signs that the U.S. crude glut is not growing as quickly as expected and of a rise in fuel...
Malaysia Airlines says working with Khazanah for financial support, taken cost cuts
Malaysia Airlines (MAB) is working closely with sole shareholder Khazanah Nasional for financial support while also taking steps to defend its cash position to sustain business...
Britain's Sainsbury's warns of $623 million hit to profit from coronavirus
British supermarket group Sainsbury's warned the impact of the coronavirus pandemic on current year profit could be over 500 million pounds ($623 million) and said it...
Fiat Chrysler's dealers, mechanic workshops to reopen on Monday
Fiat Chrysler said on Thursday its Italian network of approved dealers and mechanic workshops would reopen on May 4, when the country is set to start...
Halfway through one of the strangest earnings seasons ever, here's what we are learning
Most companies are not giving earnings guidance, leaving investors and analysts in the dark, yet the market is still rewarding better-than-expected results.
Shareholder support for Credit Suisse chairman drops, successor search 'well under way'
Shareholder support for Credit Suisse Chairman Urs Rohner dropped to its lowest level ever on Thursday, as Rohner told the Swiss bank's annual meeting that its...
Lufthansa, unions: we want to keep as many jobs as possible
Lufthansa and unions representing much of its staff told the German government that their joint top priorities were to maintain the airline's competitiveness after the coronavirus...
Trump's tariffs add to pandemic-induced turmoil of U.S. manufacturers
Dan Digre, head of MISCO Speakers, was on edge before the coronavirus outbreak hit the global economy. Payment of hundreds of thousands of dollars in Chinese...
Thyssenkrupp secures state aid of around 1 billion euros: source
Thyssenkrupp has secured state aid of around 1 billion euros ($1.09 billion) to get through a bottleneck until money from the sale of its elevator division...
'W-shaped' recovery may be too optimistic, Fed's Powell suggests
Federal Reserve Chair Jerome Powell has sketched out an altogether bumpier ride for the U.S. economy than many are predicting - one that sees business activity...
American Airlines posts first quarterly loss since emerging from bankruptcy
American Airlines on Thursday posted its first quarterly loss since emerging from bankruptcy in 2013, and said it expects second-quarter cash burn rate to be about...
McDonald's profit misses estimates as restaurants limit services
McDonald's Corp missed Wall Street estimates for quarterly profit on Thursday as most of its restaurants limited their services to delivery, drive-thru and take-away to curb...
ConocoPhillips swings to loss on oil price slump, impairments
U.S. oil and gas company ConocoPhillips swung to a first quarter loss on Thursday as it took big hits from impairments and the falling value of...
Thyssenkrupp taps 1 billion euro in state aid amid cash squeeze before elevator sale
Thyssenkrupp has secured about 1 billion euros ($1.1 billion) of state aid to tide it over until it receives the money from the sale of its...