Honda extends North America auto production halt through May 8
Honda Motor Co said Thursday it will extend a shutdown of all of its North American auto plants through May 8 and extend unpaid leaves for...
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 rallies on acceleration of output cuts from OPEC nations
Oil soared on Thursday, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand due...
Equities climb on oil price rebound, stimulus hopes
World stock markets climbed on Thursday as investors weighed a rebound in oil prices and prospects for further government stimulus against stark economic data showing the...
Rome to take full control of Alitalia in June: minister
The Italian government will take full control of Alitalia [CAITLA.UL] in June, Industry Minister Stefano Patuanelli said on Thursday, adding the airline would have gone bust...
Exclusive: Argentina plans higher local oil price to protect sector amid rout - sources
Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by crashing global prices...
Lufthansa aims to finalise 10 billion rescue package next week: sources
Lufthansa is aiming to finalise a state aid rescue package worth up to 10 billion euros ($10.8 billion) next week after the coronavirus crisis forced it...
Card issuers are cutting credit limits without warning
As financial conditions tighten, credit card issuers have begun lowering credit limits, sometimes without notice.
U.S. new home sales tumble in March
Sales of new U.S. single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus...
Air France-KLM CEO forfeits bonus under Dutch pressure
Air France-KLM Chief Executive Ben Smith said on Thursday he had given up his 2020 bonus, after a Dutch minister urged executive pay restraint in return...
Some Americans going back to work, even as virus erases more jobs
Some workers in Georgia and other U.S. states prepared to go back to work for the first time in a month, as data released on Thursday...
Hershey pulls 2020 forecast, warns of weak sales as consumers curb spending
Hershey Co pulled its 2020 forecast on Thursday and warned of weak sales in certain categories as households worried about their financial futures cut spending on...
'Plain robbery': Lebanese fume as dollar savings hit by financial crisis
Ziad Abdallah has watched with growing alarm as Lebanon's financial meltdown has threatened the savings he spent 25 years building up in his dollar account.
Domino's pulls long-term forecast, says international sales declining
Domino's Pizza Inc on Thursday pulled its long-term forecast and said international comparable sales fell 3.2% in the first three weeks of the current quarter as...
South Africa's SAA faces wind-down or liquidation, rescue team says
Specialists appointed to try to save state-owned South African Airways (SAA) said on Thursday that they had no further funds for rescue efforts and that the...
Young investors rush into struggling oil ETF that isn't even tracking the price of oil anymore
Traders on Robinhood and SoFi Invest rushed to buy the United States Oil ETF, which crashed this week and has lost more than 80% of its...