Oil rises on forecast U.S. output drop as coronavirus ravages demand
Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by...
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.
British clothing retailer Next reopens online business
British clothing retailer Next will reopen its online business having implemented additional safety measures to cope with the coronavirus emergency, it said on Tuesday.
Asia shares hit one-month high on Chinese trade data, easing pandemic worries
Asian equities extended gains on Tuesday after China's trade data came in better than expected and as some nations tried to restart their economy by partly...
SoftBank record loss estimate renews asset sale focus
SoftBank Group Corp's estimate it will post a record $13 billion full-year loss, dragged down by its spluttering $100 billion Vision Fund, has renewed attention on...
Markets have not hit the 'absolute bottom' yet, says Mark Mobius
Veteran emerging markets investor Mark Mobius urged investors to keep cash on hand for buying opportunities.
Op-Ed: Overreliance on the Fed is compromising the future for millennials
More than any other group, millennials have had their futures compromised by the nation's perverse reliance on financialization and a focus on Wall Street, rather than...
United States: FDIC Proposes Roadmap For Fintechs To Become Insured Banks
Lewis Brisbois Bisgaard Smith LLP (via Mondaq) Thomas Brooks and Jane Luxton Apr 4, 2020 The term “fintech” is used to describe the application of new...
China data lifts futures as JPMorgan, J&J kick off earnings
U.S. stock index futures gained 1% on Tuesday on better-than-expected trade data from China and signs some economies were preparing to ease lockdowns, even as the...
JPMorgan profit plunges on coronavirus loan provisions
JPMorgan Chase & Co's quarterly profit slumped by more than two-thirds as the coronavirus pandemic and record low oil prices forced the largest U.S. bank to...
Johnson & Johnson beats profit estimates but cuts forecast on coronavirus uncertainty
Johnson & Johnson on Tuesday beat analysts' estimates for first-quarter profit on higher sales of its cancer drugs and consumer products including Tylenol, while slashing its...
Britain's Next re-opens online before maxing out daily limit
British clothing retailer Next hit a self-imposed daily limit within hours of re-opening its online business on Tuesday, indicating consumer demand during the coronavirus lockdown.
Barclays halts new job cuts during coronavirus crisis: memo
Barclays has halted new job cuts while the coronavirus crisis is ongoing, the bank said in an internal memo seen by Reuters on Tuesday.
Ten U.S. states developing 'reopening' plans account for 38% of U.S. economy
The ten U.S. states coordinating plans separately from the White House to reopen businesses shut by the coronavirus are responsible for an outsized proportion of the...
Spain seizes virus tests bound for returning Siemens Gamesa workers: union
Spanish authorities have requisitioned 2,000 antibody tests procured by wind turbine maker Siemens Gamesa and intended to check whether employees have been infected with the coronavirus,...
Stocks rise on China trade data, easing pandemic fears
World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions...