Shares jump as investors cheer lockdown easing, more stimulus
Stock markets rallied on Monday as investors cheered news more countries were easing lockdowns and the Bank of Japan expanded stimulus to cushion the impact of...
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.
Alibaba demotes top executive after probe into behaviour: source
Chinese e-commerce giant Alibaba Group Holding Ltd has demoted Jiang Fan, one of its most senior executives, after an internal investigation into allegations of improper behaviour,...
Imperial's premium cigar era draws to a close in $1.33 billion sale
Imperial Brands is withdrawing from the premium cigar business to focus on vaping, with a 1.23 billion euro ($1.33 billion) sale of hand-rolled makes including Cohiba...
GE's coronavirus troubles likely to hit power business, not just aviation
Quarantines and lockdowns at large U.S. power plants are threatening to squeeze a multibillion-dollar slice of revenue that General Electric Co is counting on to help...
Nissan to slash Japan production by 70% in May, 43% in June: documents
Japan's Nissan Motor Co Ltd will slash its domestic auto production plans by 70% in May and 43% in June, documents seen by Reuters show, as...
Scrutiny mounts on China's Luckin Coffee as market regulator inspects
China's top market regulator has launched an inspection into Luckin Coffee , joining the country's securities watchdog in doing so as the coffee chain comes under...
Torino Power Solutions Receives CSE Conditional Listing Approval in Connection with its Reverse Take-Over by KABN North America
KABN NA Press Release Apr 22, 2020 Toronto, Ontario--(Newsfile Corp. - April 22, 2020) - Torino Power Solutions, to be renamed KABN Systems NA Holdings Corp....
Allianz agrees bankassurance deal with BBVA: sources
German insurer Allianz has struck a deal to invest in the bancassurance business of Spanish lender BBVA , two sources close to the matter told Reuters,...
Oil prices skid on oversupply, storage concerns
Oil prices fell on Monday on concerns about scarce storage capacity and global economic doldrums from the coronavirus pandemic.
China's market regulator inspects Luckin Coffee
Luckin Coffee said on Monday China's State Administration for Market Regulation was carrying out work to understand the coffee chain's operating situation and added that it...
UK airlines want coronavirus wage support scheme extended beyond June
Britain's airlines want the government's coronavirus wage support scheme to be extended beyond June, maintaining the assistance for longer with a only slow recovery in air...
Norwegian Air could soon run out of cash unless debt plan approved
Norwegian Air could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned on...
Australia's NAB seeks $2.2 billion from investors, slashes dividend as virus halves profit
National Australia Bank Ltd asked investors for A$3.5 billion ($2.2 billion) and slashed its dividend to the lowest in almost three decades, as its first-half profit...
NMC Health requests delisting from LSE
Troubled hospital operator NMC Health said on Monday it requested its shares be delisted from the London Stock Exchange after they were suspended two months ago.
Shares gain as investors look to lockdown easing
Stock markets rallied on Monday as the Bank of Japan added more stimulus to cushion the impact of the coronavirus and investors cheered news more countries...