Dash for emergency cash provokes fund industry backlash
As companies pull the emergency cash cord to help them through the coronavirus crisis, shareholders have been split by an easing of the rules to make...
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.
Why Brent oil won't follow U.S. WTI futures below zero
Brent oil futures are set for extreme volatility when the front-month June contract expires next week, but they will avoid the historic plunge below zero that...
Oil dip unsurprising, second-quarter GDP drop could be biggest ever: White House's Hassett
White House economic adviser Kevin Hassett said on Tuesday the current dip in oil prices is due to a "very short-run thing" and markets will find...
IHS slashes 2020 global light vehicle sales outlook on coronavirus hit
Data firm IHS Markit sharply lowered its 2020 forecast for global light vehicle sales on Tuesday and warned that the United States will take the biggest...
Top House Republican McCarthy confirms deal reached on small business loan bill
The top Republican in the U.S. House of Representatives said on Tuesday that a deal had been reached to replenish funding for an emergency program that...
Qatar Airways defers half of some employees' wages for three months
Qatar Airways on Tuesday said mid-level employees and above will have their salaries halved for at least three months but that staff would be back paid...
Retail investors who believed they were investing in crude oil get a rude awakening
"Know what you own" is an old adage when investing, but it is especially important when owning investments that hold futures contracts.
Gucci sales hit hard by start of virus outbreak in China
French luxury goods group Kering said on Tuesday comparable sales fell by 16.4% in the first quarter, with its Gucci brand hit harder than its other...
U.S. existing home sales tumble in March
U.S. home sales dropped by the most in nearly 4-1/2 years in March as extraordinary measures to control the spread of the novel coronavirus brought buyer...
Chinese EV maker BYD profit down 42% in 2019, under pressure from subsidy cut
Chinese electric vehicle maker BYD Co Ltd , , which is backed by U.S. investor Warren Buffett, on Tuesday reported a 41.9% drop in 2019 net...
US Oil Fund, popular ETF trading under ticker 'USO,' plunges 19% after brief halt
Trading in the United States Oil Fund, a popular exchange-traded security known for its 'USO' ticker which is supposed to track the price of oil, was...
Oil hits two-decade lows on low demand, storage woes
Benchmark Brent and U.S. oil futures for June delivery plunged to around two-decade lows on Tuesday, a day after U.S. May futures sank into negative territory...
Oil giveaway brings out the bears
The crash in U.S. crude prices has turned a reliable commodity less than worthless and given fresh urgency to bearish voices, who say it sounds alarm...
Battered consumer confidence to slow airlines' recovery: IATA
Faltering consumer confidence will slow the recovery of air travel once coronavirus restrictions end, the sector's main global body warned on Tuesday, citing bleak new survey...
Here are the largest public companies taking payroll loans meant for small businesses
Those that have received Paycheck Protection relief designed for small business include publicly traded firms with thousands of employees.