Stocks pause before key EU meeting on coronavirus aid
Caution gripped markets on Thursday, with stocks falling before a key Eurogroup meeting to discuss joint stimulus measures, offsetting optimism from a fresh round of U.S....
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.
Zoom boosts encryption to quell safety concerns as users top 300 million
Zoom Video Communications Inc said on Wednesday it was upgrading the encryption features on its video conferencing app to quell safety concerns as its users surged...
Bezos, Musk among billionaires gaining net worth in pandemic: report
The combined wealth of America's billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10% during the ongoing COVID-19 pandemic,...
U.S. House meets to pass $500 billion in coronavirus relief as unemployment soars
Hundreds of members of the U.S. House of Representatives gathered in Washington on Thursday to pass a $484 billion coronavirus relief bill, bringing the unprecedented total...
Renault seeks state-backed loan as coronavirus crisis drags on
Renault is in talks with the French government to secure a state-backed loan worth several billion euros by mid-May to shore up its liquidity during the...
Volvo beats first-quarter forecasts but warns of truck order cancellations
Sweden's AB Volvo on Thursday warned of weakening truck demand despite reporting a smaller-than-expected fall in quarterly operating earnings helped by service sales.
French conglomerate Bouygues' boss cuts his 2020 pay by 25%
Martin Bouygues, the boss of family-run French conglomerate Bouygues , said on Thursday that he and his brother Olivier will cut their total compensation by 25%...
Target sees margin squeeze as it spends more to meet coronavirus-led demand
Target Corp said on Thursday rising costs from trying to meet the fast-changing needs of consumers during the coronavirus crisis were set to hurt its first-quarter...
Wall Street rises on hopes worst for labor market is over
Wall Street gained on Thursday as jobless claims declined for the third straight week, raising hopes the worst of the coronavirus pandemic's impact on the labor...
UK's Aston Martin plans to restart St Athan unit, cuts executives' pay
Aston Martin said on Thursday it plans to restart its St Athan factory in south Wales on May 5 and will also resume operations at Gaydon...
Eli Lilly reports 15% rise in quarterly sales
Eli Lilly and Co reported a 15.1% rise in first-quarter sales on Thursday, boosted by higher sales of its top-selling diabetes drug Trulicity and also benefiting...
Key U.S. lawmaker pushes for a ban on mergers until coronavirus pandemic ends
The chair of the House Judiciary Committee's antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban...
U.S. new home sales fall sharply in March
Sales of new U.S. single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus...
Gap warns of cash shortage, suspends rent payments
Gap Inc warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds in the face of widespread...
Hyundai first-quarter profit tumbles 44%, far short of estimates, as coronavirus slams China demand
South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% to its lowest level for the quarter in a decade, as the coronavirus...