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,...
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.
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...
Wall Street backs off European corporate lending to focus on America: sources
U.S. investment banks are shrinking lending activity in Europe as the pandemic forces them to focus on home, allowing BNP Paribas and other European lenders to...
Number of workers who contracted COVID-19 at JBS plant in Brazil is 12: source
Some 12 workers at a Brazilian chicken plant operated by JBS SA have contracted COVID-19, a source close to the company told Reuters on Friday on...
Brazil JBS workers catch COVID-19 in latest meat plant outbreak
A JBS SA poultry plant in southern Brazil was hit by an outbreak of COVID-19, a source close to the company said on condition of anonymity...
Explainer: Oil ETPs - the perils of trading crude like a stock
A historic plunge in oil prices in the wake of the COVID-19 pandemic has highlighted the risks of oil-focused exchange-traded products (ETPs).
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...
Tech titans Apple and Microsoft propel Wall Street rally
Wall Street rallied on Friday, led higher by Apple and Microsoft as investors finished a turbulent week of trading and some states prepared to relax coronavirus-related...
Icahn sees opportunities but warns of more 'downdrafts' ahead: Bloomberg
Billionaire investor Carl Icahn said he expects to see "good opportunities" to buy after the historic stock market sell-off but warned there will likely be more...