China March crude oil runs hit 15-month low as refiners extend output cuts
China's daily crude oil throughput in March hit the lowest level since December 2018 with state refiners maintaining deep output cuts as the coronavirus pandemic eroded...
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.
Brent oil jumps nearly 3% after Trump lays out plan for easing coronavirus restrictions
Oil prices rose on Friday with Brent gaining nearly 3% after President Donald Trump laid out guidelines on reviving a U.S. economy ravaged by the coronavirus...
Morgan Stanley CEO: coronavirus will continue to pose challenges
Morgan Stanley Chief Executive Officer James Gorman told shareholders on Thursday he "can promise" the bank will miss its medium-term financial targets again in the current...
Most U.S. firms have no plans to leave China due to coronavirus: survey
The majority of American companies in China have no plans to relocate production or sourcing activities to other parts of the country or abroad due to...
U.S. House Speaker Pelosi says Trump guidelines 'vague and inconsistent'
U.S. House Speaker Nancy Pelosi on Thursday called President Donald Trump's guidelines for reopening the economy "vague and inconsistent" and said more coronavirus testing needed to...
Fed's Kashkari says Trump's 'staged approach' to reopen economy makes sense
President Donald Trump's plan for reopening the U.S. economy following the novel coronavirus pandemic "makes sense" and is consistent with the advice of health experts, Minneapolis...
Report says COVID-19 patients respond to Gilead's remdesivir, shares surge
Gilead Sciences Inc's shares surged 16% in after hours trading on Thursday following a media report detailing encouraging partial data from trials of the U.S. company's...
World stocks gain on stay-at-home profits, bond yields slide
World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at...
French state may call on banks to contribute to Air France bailout
The French government may call on banks to contribute to a bailout of Air France KLM if it offers state support to the struggling airline, the...
Uber expects up to $2.2 billion charge, drop in quarterly revenue due to pandemic
Uber Technologies Inc said on Thursday it expects an impairment charge of up to $2.2 billion in the first quarter due to the coronavirus outbreak and...
Trump announces plan to reopen virus-ravaged U.S. economy
U.S. President Donald Trump laid out guidelines on Thursday for reopening the coronavirus-ravaged U.S. economy, saying states should take a phased approach to let Americans return...
Boeing restarting commercial airplane production next week
Boeing Co said it will resume commercial airplane production next week in Washington state after suspending operations last month in response to the coronavirus pandemic, and...
Carnival CEO defends company's safety record as cruise industry remains grounded
Carnival Corp Chief Executive Officer Arnold Donald defended the company’s safety record on Thursday, telling reporters in a media call that Carnival followed protocols from international...
Futures jump late following data on potential virus treatment, Trump guidelines
U.S. stock index futures jumped in late trading on Thursday after a report of promising early data related to a potential COVID-19 treatment from Gilead Sciences...
Factbox: Trump's coronavirus reopening guidelines
President Donald Trump rolled out his guidelines for how the United States can reopen businesses and schools shut down by the coronavirus Thursday evening.