HSBC to push on with overhaul 'wherever possible' despite crisis
HSBC will press ahead with plans to reallocate capital from underperforming businesses, cut costs and strip out layers of management, despite problems caused by the coronavirus...
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.
Here's why you can't find frozen fries, while U.S. farmers are sitting on tons of potatoes
Shopper Lexie Mayewski is having a hard time finding frozen french fries in Washington, D.C.-area supermarkets in the wake of coronavirus-fueled stockpiling.
Futures rise at the end of stormy week
U.S. stock index futures gained on Friday with bargain hunters returning at the end of a tumultuous week marked by a record collapse in oil prices...
Big Oil investors to look past earnings pain and focus on dividends
Investors already braced for poor first-quarter earnings from major oil and gas companies next week will focus on how executives plan to save cash and whether...
Oil on course for steep slide in week of historic turmoil
Oil prices fell on Friday and headed for their third weekly loss running as production shutdowns failed to keep pace with sliding demand due to the...
French court to rule on Amazon union spat as vendors struggle
A French court will on Friday decide whether to back Amazon's appeal against an order to restrict the goods it can deliver, which led it to...
Virgin Australia seeks aircraft waivers, owes $4.4 billion: 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...
Coronavirus stockpiling drives best Nestle sales growth in years
Swiss food giant Nestle reported its best quarterly sales growth in nearly five years on Friday as consumers stockpiled everything from Purina pet food to Nescafe...
Stocks fall on worries over EU stimulus details, coronavirus drug
Global shares fell on Friday, spurred by delays to an agreement on divisive details of the European Union's stimulus package and doubts about progress in the...
Korean Air to get up to $971 million support from state-owned banks
Two state-owned banks in South Korea said on Friday they would provide up to 1.2 trillion won ($971 million) in liquidity to support Korean Air Lines...
Nestle first-quarter sales beat estimates as consumers hoard pet food, coffee
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...
Burberry to maintain employee pay through coronavirus crisis
British luxury brand Burberry will continue to maintain base pay for all of its employees who are unable to fulfil their roles because of store or...
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...
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...