Adidas plans a multi-billion bond to replace state loan: Manager Magazine
German sportswear firm Adidas plans a multi-billion euro bond so that it no longer needs the state-backed loan it agreed to take earlier this month to...
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.
Pernod Ricard sales hit by coronavirus, share buyback halted
French spirits maker Pernod Ricard said on Thursday it was suspending a share buyback of up to 500 million euros ($541 million) and keeping a tight...
Asian stocks poised to rise after Wall Street gains slip away
Asia equities face a bumpy session on Friday after Wall Street pared early gains as optimism over a rebound in oil prices and prospects for further...
Fed says working to broaden access to 'PPP' facility beyond banks
The Federal Reserve said on Thursday it will "shortly" announce new rules to expand access to a small business lending program beyond banks, so that a...
New York survey suggests nearly 14% in state may have coronavirus antibodies
A preliminary survey of New York state residents found that nearly 14% of those tested had antibodies against the novel coronavirus, suggesting that some 2.7 million...
U.S. CDC reports 828,441 coronavirus cases, 46,379 deaths
The U.S. Centers for Disease Control and Prevention (CDC) on Thursday reported 828,441 cases of the novel coronavirus, an increase of 25,858 from its previous count,...
U.S. House looks set to pass $500 billion coronavirus bill and oversight panel
The U.S. House of Representatives looked poised to pass a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the total...
Colombia's Avianca says its survival is in doubt due to coronavirus crisis
There is "substantial doubt" about Avianca Holdings' ability to stay in business due to the coronavirus crisis, the Colombian airline reported on Thursday, citing the conclusion...
House has the votes to pass $484 billion bill to boost small businesses and hospitals, send it to Trump
The bill, which aims to boost small businesses and hospitals and expand testing, is set to become law in the coming hours with Trump's signature.
S&P 500 slips after report on coronavirus drug trial
The S&P 500 ended marginally lower on Thursday after a report that an experimental antiviral drug for the coronavirus flopped in its first randomized clinical trial,...
Equities barely up oil price rebound, stimulus hopes
Most major stock markets edged up slightly in mixed markets on Thursday as investors weighed a rebound in oil prices and prospects for further government stimulus...
Fiat Chrysler to restart van production at Atessa plant at 70% normal rate: union
Fiat Chrysler (FCA) aims to restart van production at its Atessa joint venture plant in central Italy at 70% of the normal rate, a union representative...
UniCredit appoints Hecker as global head of equity capital markets
UniCredit has appointed Jana Hecker, formerly at Deutsche Bank, as its global head of equity capital markets (ECM), Italy's biggest bank said on Thursday.
NBCUniversal launches shoppable ads to help retailers hurt by coronavirus
Comcast Corp's NBCUniversal said on Thursday it aims to help retailers that have been forced to shut down amid the pandemic through new ecommerce tools that...
Target's online sales skyrocket as shoppers stock up from their homes
A surge in digital sales for U.S. retailer Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales,...