Chicago Fed economic index takes recessionary plunge in March
A Chicago Federal Reserve measure of the national economy plunged to recessionary levels in March as the country responded to the coronavirus pandemic, a broad and...
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.
IMF's Georgieva says coronavirus crisis is worst since Great Depression
The crisis sparked by the spread of the novel coronavirus is the worst since the Great Depression, IMF Managing Director Kristalina Georgieva said on Monday.
Bridgestone to suspend 11 Japanese plants during late April-early May
Japanese tyremaker Bridgestone Corp said on Monday it will suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May...
Brazil set to start QE cautiously but may need to bring out 'bazooka'
Brazil appears set to embark cautiously on unconventional monetary policy using small interventions to tackle dysfunction in bond markets, as it does with foreign exchange, but...
Halliburton sees bleak North America activity, joins rivals in spending cuts
Halliburton Co on Monday joined its bigger rival Schlumberger in taking impairment hits in the first quarter and issued a bleak outlook for North America as...
Four staffing units of Norwegian Air file for bankruptcy
Four Swedish and Danish subsidiaries of Norwegian Air have filed for bankruptcy due to the ongoing coronavirus crisis which has grounded most of the company's fleet,...
KFC to sell plant-based fried chicken made by Cargill in China
Yum China's KFC fast food chain will begin selling plant-based fried chicken for the first time in China over a limited time period, it said on...
Exclusive: India foreign investment rules aimed at China to include Hong Kong - sources
New Indian rules to ensure scrutiny of investments from companies based in neighbouring countries, especially during the coronavirus outbreak, will also apply to Hong Kong, two...
Coronavirus pushes Latin America's budding startups into survival mode
The chief executive of Colombian food technology startup Muy had expected to spend the past few weeks gearing up to raise a dollop of fresh funds...
Oil falls on concern over storage and earnings
Oil prices fell on Monday, with a U.S. crude futures contract hitting its lowest level since 1999, depressed by concern that U.S. crude storage will soon...
Futures slide as oil price slump hammers energy stocks
U.S. stock index futures fell on Monday as a slump in oil prices pounded energy stocks, with investors also bracing for another batch of dour first-quarter...
Burger chain Shake Shack to return $10 million government loan
Shake Shack Inc will return the small business loan it received from the U.S. government, the burger chain's chief executive said on Monday, making it the...
New Aston Martin boss says focus on SUV launch, restarting factories
Aston Martin's immediate priorities will be restarting manufacturing and launching production of its crucial first sport utility vehicle, the luxury carmaker's new boss, Formula 1 team...
Volkswagen settles emissions class action with three-quarters of claimants
Volkswagen has reached settlements with 200,000 of the 260,000 claimants participating in a class action lawsuit brought by German consumer group VZBV over the carmaker's rigging...
Primark commits to paying for 370 million pounds of orders during coronavirus crisis
Fashion retailer Primark has committed to pay suppliers for 370 million pounds ($461 million) of orders, though all its stores are closed due to the coronavirus...