Detroit automakers, UAW to continue talks over reopening U.S. plants
The United Auto Workers (UAW) said late Wednesday discussions are still underway with Detroit's Big Three automakers to safely restart U.S. production halted by the coronavirus...
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.
For SoftBank's Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses at his $100 billion Vision Fund...
Asia stocks pull ahead on U.S. stimulus, oil rebound
Asian stock markets rose on Thursday as the combination of a rebound in crude prices from historic lows and the promise of more U.S. government aid...
Saudi Arabia may re-route tankers if U.S. imposes crude import ban, sources say
Saudi Arabia is exploring re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of...
Nissan, partners to draft deeper alliance in May: Yomiuri
Nissan Motor Co , Renault SA and Mitsubishi Motors Corp will draft plans for a deeper alliance next month, including joint development of more electric vehicles...
Dollar edges higher against oil currencies as energy markets shaken
The dollar pushed ahead against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets...
Delta to raise $3 billion in debt to combat virus fallout
Delta Air Lines Inc on Wednesday said it intended to raise $3 billion in debt by offering senior secured notes and entering into a new credit...
Asia stocks set to rise after Wall Street gains on oil rebound
Asian equity markets were poised to edge higher on Thursday after rebounding crude prices and the promise of more U.S. government aid to ease the economic...
Exclusive: Two SpiceJet lessors in talks to reclaim planes over missed payments - sources
Two lessors to Indian carrier SpiceJet Ltd are in talks to terminate contracts and repossess planes via mutually agreed deals with the airline over missed payments,...
Venture firm Benchmark raises new fund without early Uber investor: source
The Silicon Valley venture capital firm known for its early backing of companies such as Uber Technologies Inc is raising a new fund, but without one...
China on slow road to recovery, but recession risk is high: Reuters poll
The Chinese economy will slowly recover from its first quarterly contraction since current records began, economists predicted in a Reuters poll, but they warned of a...
U.S. companies paying down maxed out credit lines with bond issues: BoA note
An increasing number of U.S. companies are selling bonds to repay lines of credit they drew down at the height of the coronavirus-induced market turmoil, an...
U.S. firms may face probes over payroll loans, Treasury, DOJ officials warn
U.S. Treasury Secretary Steven Mnuchin warned on Wednesday that companies that received coronavirus rescue money intended for small businesses could be investigated if it appears they...
Marathon Petroleum warns of loss, up to $7.8 billion hit on oil rout
Marathon Petroleum Corp , the largest U.S. oil refiner, warned on Wednesday of a first-quarter loss on a roughly $7.8 billion write-down from a sharp fall...
Las Vegas Sands predicts speedy recovery in Asia on pent-up gambling demand
Las Vegas Sands Corp on Wednesday posted a first-quarter loss as the coronavirus kept consumers at bay, but the casino operator struck an optimistic note as...