Uniper installs new directors at Fortum's request
Uniper announced on Friday the appointment of new directors following the resignation of a raft of supervisory board members earlier this month, after Finland's Fortum secured...
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.
The Paycheck Protection Program has run out of money – meet the entrepreneurs left in the cold
The rollout of the federal forgivable loan program was anything but simple for small-business owners. However, self-employed people and independent contractors got the short end of...
Instant View: China's first-quarter GDP posts first decline on record as virus shuts down economy
China's economy shrank 6.8% in January-March from a year earlier, official data showed on Friday, the first such decline since at least 1992 when quarterly gross...
Wall Street gains on Boeing, Trump's restart plan
Wall Street bounced on Friday as Boeing said it would resume production of commercial jets, with investors also cheering President Donald Trump's plan to reopen the...
NY Fed's markets head says bank is trying to match 'speed and the scale' of pandemic
The Federal Reserve is moving as quickly as possible to set up new emergency lending facilities to support credit markets and the economy, and its efforts...
Oil mixed as weak Chinese data, growing U.S. supplies offset Trump plan to ease lockdown
Oil prices were mixed on Friday, with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trump's outlines...
Imagination Tech owner tells UK the company will remain in Britain
Private equity firm Canyon Bridge, the Chinese-backed owner of Imagination Technologies, told the British government it was committed to keeping the chip designer headquartered in the...
Hobbled by coronavirus, China's first-quarter GDP shrinks for first time on record
China's economy shrank for the first time in almost three decades of records in the first quarter, as the coronavirus paralysed production and spending, raising pressure...
Global stocks race toward second weekly gain
Global stocks rallied on Friday on President Donald Trump's plans to revive the coronavirus-hit U.S. economy and hopes of a potential drug to treat COVID-19, while...
Trump administration working to ease drilling industry cash crunch
The Trump administration is seeking to ease a severe cash crunch in the drilling industry by raising loan limits available under a coronavirus stimulus package and...
Chile's LATAM Airlines to cancel 95% of scheduled flights in May
Chile's LATAM Airlines , South America's largest carrier, will cancel 95% of its scheduled flights in May, the company said on Friday, maintaining similar levels to...
World Bank, IMF face growing calls to widen debt relief for poor nations
The World Bank and International Monetary Fund should seek case-by-case solutions to ease debt burdens on middle-income countries hit by the coronavirus pandemic, key shareholders said...
As small business loan money runs out, many approved businesses still await checks or clarity on strict guidelines
The government's $349 billion loan program for small businesses hurt by the coronavirus pandemic officially ran out of funds on Thursday. Still, even businesses that have...
Exclusive: Chinese-backed owners committed to British HQ for Imagination Tech
The Chinese-backed owners of Imagination Technologies told the British government on Friday the chip designer would remain headquartered in the United Kingdom and they would consult...
Motor maker Weg emerges as battered Brazil stock market's champion
In a bleak year that has seen Brazil's Bovespa slump to the worst performance of any major world stock market amid a coronavirus-linked retreat from risk,...