U.S. weekly jobless claims top 5.2 million in latest week
Another 5.2 million more Americans sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which would...
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.
Futures jump as weekly jobless claims fall
U.S. stocks index futures jumped on Thursday after weekly U.S. jobless claims fell to 5.2 million last week from an upwardly revised 6.62 million the week...
Oil prices rise after sharp losses caused by U.S. stockpile surge
Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have...
Canceling plans? Here's how to get a refund
Amid the coronavirus pandemic, weddings and graduations are postponed, while conferences, concerts, sporting events and vacations are all canceled, leaving many people with out-of-pocket costs.
The March low may have been the market bottom — CEO of world's largest money manager
"We could have seen the bottom," BlackRock co-founder and chief Larry Fink told CNBC on Thursday.
Ford's first-quarter China vehicle sales down 35% as coronavirus hits demand
Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770...
Uber Eats sees grocery orders jump in locked down Europe
Uber Eats said orders for grocery delivery on its platform jumped 59% across Europe in March compared with February as countries locked down to fight the...
EasyJet says it can ride out nine-month shutdown and slow recovery
EasyJet can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and is planning for a slow recovery, the British airline...
Bentley extends UK production shutdown by three weeks over coronavirus
Luxury carmaker Bentley is extending its plant shutdown by three weeks and will begin gradually reopening from May 11, as coronavirus lockdown measures remain in place...
Futures gain ahead of earnings reports, jobless claims
U.S. stock index futures edged higher on Thursday, with investors weighing the prospects of the economy re-opening against worsening macroeconomic data and dour first-quarter earnings reports.
Huawei chip unit orders up more domestic production as U.S. restrictions loom: sources
Huawei Technologies Co Ltd is gradually shifting production of chips designed in-house away from Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and towards a mainland Chinese firm...
BlackRock assets, profits sink as investors pull funds
The world's biggest asset manager BlackRock Inc saw the capital it manages fall by almost $1 trillion in the first quarter as investors pulled money out...
Stocks head for higher ground, oil stuck in a rut
Europe led world stock markets back to higher ground on Thursday as tentative moves to reopen parts of the some of its larger coronavirus-hit economies offset...
German carmakers to resume production as lockdowns ease
German carmakers including Volkswagen and Mercedes-Benz will restart production at some German factories next week after the country eased restrictions designed to contain the coronavirus outbreak.
Dollar consolidates gains before U.S. jobless data's release
The dollar consolidated its gains against other currencies on Thursday before the release of weekly U.S. jobless data, which are likely to provide more evidence of...