Factbox: Rare earths projects under development in U.S.
The U.S. government is planning to fund domestic rare earths projects in an attempt to reduce its reliance on China, the global leader of the specialized...
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.
Brazil's Rio at mercy of Pimco, Dodge & Cox as oil cash dries up
Already grappling with one of Brazil's most severe outbreaks of the novel coronavirus and a budget deep in the red, Rio de Janeiro state faces a...
Oil pinballs off 1999 lows, stocks clamber higher
Oil took markets on another rollercoaster ride on Wednesday as Brent somehow managed to reverse an early 12% crash to 1999 lows and give battered petrocurrencies...
American quandary: how to secure weapons-grade minerals without China
The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-22.
'Historic' trading volumes drive Nasdaq's profit higher
Transatlantic exchange operator Nasdaq Inc reported a 23% rise in adjusted quarterly profit on Wednesday, benefiting from the coronavirus-fueled market volatility that led to a surge...
Canada's Rogers withdraws 2020 outlook as coronavirus crisis deepens
Canada's Rogers Communications Inc on Wednesday pulled its 2020 forecast due to uncertain economic conditions as a result of the coronavirus outbreak.
Baker Hughes quarterly adjusted profit falls 8%
Oilfield services provider Baker Hughes Co reported an 8% fall in first-quarter adjusted profit on Wednesday and booked over $16 billion in impairment and restructuring charges.
Kimberly-Clark's tissue sales surge 13%, suspends annual forecast
Kimberly-Clark Corp on Wednesday suspended its forecast for the year and said sales of tissue rose 13% in the first quarter as consumers stocked up in...
Exxon Mobil starts building $10 billion China petrochemical complex: Xinhua
Exxon Mobil Corp kicked off construction on Wednesday of its $10 billion petrochemical complex in south Chinese city Huizhou, state news agency Xinhua reported.
'A disaster': Roche CEO's verdict on some COVID-19 antibody tests
Some blood tests being marketed to tell people if they have had the new coronavirus are a "disaster", Roche Chief Executive Severin Schwan said on Wednesday...
Fast Retailing CEO criticises Japan's lack of virus tests: report
The head of Fast Retailing Co , owner of fashion chain Uniqlo, criticised Japan's lack of coronavirus testing in a media interview, joining a chorus of...
Airports of Thailand expects passengers to decline by more than 50%
State-owned Airports of Thailand Pcl said on Wednesday it expects the number of passengers passing through its airports to decline by 53% this year due to...
Safe as houses? Trading from home tests bank defences during crisis
Trading worth billions of dollars has shifted to kitchen tables or bedrooms as traders work through the coronavirus crisis from home, testing patchy fixes to make...
Toyota's South African unit sees 15-20% hit to production due to virus
The South African unit of Toyota could see its production drop by around 15-20% in 2020, its president and CEO Andrew Kirby said on Wednesday.
Futures bounce after two days of oil-led rout
U.S. stock index futures rebounded on Wednesday as upbeat quarterly earnings reports lifted investor sentiment following a two-day selloff due to a record crash in oil...