Novartis sales, profits rise in first quarter on COVID-19 buying rush
Novartis saw first-quarter sales climb as hospitals and patients stocked up on drugs to avoid being left short during the coronavirus crisis, lifting profits for 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.
Lufthansa CEO says has no plan to sell Brussels Airlines: VRT
German airline Lufthansa has no intention of selling its Belgian unit Brussels Airlines, the head of Lufthansa Carsten Spohr assured Belgian Prime Minister Sophie Wilmès in...
Spanish government considering loans for Iberia: El Pais
The Spanish government is considering granting soft loans to flagship airline Iberia, a unit of London-listed International Consolidated Airlines Group , newspaper El Pais reported on...
Ford expects $5 billion loss in current quarter as coronavirus hits demand
Ford Motor Co said on Tuesday its second-quarter loss would more than double to over $5 billion from $2 billion in the first quarter due to...
Asia shares extend gains as economies slowly re-open, oil rallies
Asian shares rose for a third session on the trot on Wednesday as investors took heart from easing coronavirus lockdowns in some parts of the world...
New York AG raises concerns about Amazon's pandemic safety practices: source
Amazon.com Inc may have violated safety measures and labor practices amid the coronavirus pandemic as it fired a warehouse protest leader last month, New York Attorney...
No rescue deal yet for German airline Lufthansa: sources
Lufthansa has not yet agreed on a 9 billion euro ($9.73 billion) rescue package, company and government sources said on Tuesday, following a report overnight that...
Norwegian Air slightly amends terms of conversion plan after talks with bondholders
Norwegian Air , the budget carrier that is fighting for its survival, has made some amendments to the terms of its debt-to-equity conversion plan in response...
Another day, another 20% plunge in WTI oil
Another big fall in oil prices dragged hordes of petrocurrencies under on Tuesday but even an HSBC warning of mounting bad credit and a near 80%...
Lufthansa CEO warns of too much government influence: Die Zeit
Lufthansa would be hard to steer if governments had too much influence on the company, its CEO was quoted as saying by German weekly Die Zeit...
Samsung Elec sees second-qiarter profit fall as virus hits sales of smartphones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected its profit to decline in the current quarter, as strength in the chip business would be offset...
Oil prices fall on brimming storage, bleak recovery prospects
Oil prices plunged for a second day in a row on Tuesday on concerns about dwindling global capacity to store more crude and fears that demand...
Tesla's Musk nears $750 million options payday ahead of results
Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million payday as the electric carmaker's stock recovers from a slump caused...
UK corporate profitability hit 10-year low in late 2019
British companies' profitability dropped to its lowest in more than a decade in the final three months of 2019, when concerns about Brexit and political uncertainty...
Oil moves mixed on easing lockdowns, looming storage shortage
Oil prices were mixed on Tuesday as optimism about the easing of coronavirus-related restrictions reassured markets, although traders remained cautious with storage capacities filling up fast...