Asian stocks fall, Europe set to follow on doubts over coronavirus drug
Asian shares and U.S. stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat COVID-19 and new evidence 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.
Oil prices rise, capping week of historic turmoil over coronavirus
Oil prices climbed on Friday, adding to gains from earlier sessions after producers such as Kuwait said they would move to cut output and the United...
U.S. oil firm Continental Resources halts shale output, seeks to cancel sales
The largest oil producer in North Dakota has halted most of its production in the U.S. state and notified some customers it would not supply crude...
AT&T names new CEO as Trump gloats over changes at CNN owner
Veteran John Stankey will take over as AT&T chief executive officer, the company said on Friday, as the U.S. telecommunications and media giant grapples with the...
Ryanair may cut 10-20% of jobs in winter season, CEO tells German paper
Ryanair may have to lay off 10-20% of staff in the winter season as it will operate fewer flights due to the coronavirus crisis, Chief Executive...
The growing worry for bondholders: Getting 'primed'
Bondholders in particularly hard-hit sectors like energy, travel and leisure have another issue to watch for as companies struggle to survive the economic shutdown - getting...
Swatch CEO says China sales rise but global situation still grim
Swatch Group's sales at its own stores in China are up by almost a quarter during April, the watchmaker's Chief Executive Nick Hayek told Blick newspaper,...
Nestle posts better than expected first-quarter sales as customers stockpile food
Nestle reported a 4.3% rise in organic sales growth for the first quarter, the food giant said on Friday, as consumers filled cupboards with Purina pet...
Virgin Australia owes $4.4 billion, to seek aircraft lease waivers -administrator
Virgin Australia Holdings Ltd owes A$6.9 billion ($4.39 billion) to more than 10,000 creditors based on an initial review and will seek a three-month payment waiver...
Main Street's mainstays: How some U.S. states tapped crisis loans
As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah builder Clark Ivory knew...
Brokerages restrict clients on positions they can take in oil
Several brokerages, including discount giant TD Ameritrade Corp are restricting customers from buying new positions in certain crude oil contracts after an unprecedented sell-off that sent...
Oil prices rise more than $1 after week of turmoil amid viral outbreak
Oil prices jumped again on Friday, gaining more ground as producers like Kuwait said they would move to cut output and as the United States approved...
Stocks struggle with muddled government pandemic responses
Global equity benchmarks struggled on Friday as some U.S. states began reopening businesses despite the disapproval of health experts, and as the European Union put off...
As U.S. coronavirus death toll tops 50,000, a handful of states edge toward reopening
With the U.S. coronavirus death toll topping 50,000, Georgia, Oklahoma and a handful of other states took the first tentative steps at reopening for business on...
CBO sees $3.7 trillion U.S. deficit from coronavirus pandemic
A nationwide business shutdown and a surge in U.S. government spending will nearly quadruple the federal deficit to a record $3.7 trillion this fiscal year, as...