Pernod Ricard sales hit by coronavirus, share buyback halted
French spirits maker Pernod Ricard said on Thursday it was suspending a share buyback of up to 500 million euros ($541 million) and keeping a tight...
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.
Hyundai sees limited China recovery and dismal virus-hit sales elsewhere this year
South Korea's Hyundai Motor Co said on Thursday it expects only a modest recovery in Chinese auto demand and weak sales elsewhere this year after the...
Adidas plans a multi-billion bond to replace state loan: Manager Magazine
German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month to...
Italy's Triboo starts selling Chinese COVID-19 antibody tests
Italian digital services company Triboo said on Thursday it had started selling antibody tests for Covid-19 produced by China's SOBC Outdo Biotech, as Italy draws closer...
IATA not satisfied with Middle East efforts to support airlines
The International Air Transport Association's vice president for the Middle East said on Thursday that the industry body was not satisfied with regional government's efforts to...
Daimler's earnings plunge as coronavirus hammers sales
German car and truck maker Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the coronavirus pandemic and warned that...
Dollar slips against commodity currencies as Brent surges
The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken...
Renault seeks state-backed loan to build cash buffer
Renault is in talks with the French government to secure a state-backed loan worth several billion euros to shore up its liquidity during the coronavirus pandemic,...
Volkswagen making masks in China for its staff at European plants
Volkswagen AG is making masks in China for distribution to Volkswagen plant employees in Europe, the German automaker said on Thursday as it prepares to restart...
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....
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...
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.
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...
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...
Oil surges as producers trim output to respond to demand loss
Oil surged on Thursday amid signs that producers are cutting production to weather a collapse in demand as the coronavirus outbreak ravages world economies, while the...