Japan petroleum industry head says OPEC+ deal falls short of expectations
The agreement by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to cut output failed to reach the reduction levels expected by the...
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.
Oil climbs more than 4% as OPEC+ agree record output cut
Oil prices jumped more than $1 a barrel on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that...
Fading Vision Fund to tip SoftBank into first loss in 15 years
SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen ($16.5 billion) due to the worsening performance of its tech bets,...
Kremlin says 'important' global oil deal helped avert market chaos
The Kremlin said on Monday that the global oil output deal clinched by OPEC and non-OPEC countries had helped stop oil markets sliding into chaos and...
Saudi energy minister says effective global oil cuts above 19 million bpd
Saudi Arabia's energy minister said on Monday that effective global oil supply cuts would amount to around 19.5 million barrels per day, taking into account the...
Trump says global oil production cut should help industry recover
U.S. President Donald Trump said on Monday the OPEC+ group of oil producers is looking to cut output by 20 million barrels per day (bpd), a...
Seven saving habits for the coronavirus quarantine that should carry you for the rest of the year
Take this time to reset your spending and savings habits. In better times, these seven changes can add up to a comfortable cash cushion.
If the coronavirus pandemic is rocking your finances, here's what you need to do
Many Americans have questions about how to ensure they will get a relief check and other government benefits. Others wonder if the advice to "stay the...
Ford expects $600 million first-quarter loss due to coronavirus
Ford Motor Co said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as the coronavirus pandemic pummeled...
'Elbow to elbow:' North America meat plant workers fall ill, walk off jobs
At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to protect themselves...
Toyota joins GM in suspending auto production in Brazil until June
Toyota Motor Co on Monday said it was suspending auto production in its Brazil plants until at least June 22, joining General Motors Co which also...
Volkswagen to aid U.S. dealers supporting coronavirus relief efforts
Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pickup and deliver essential...
Oil prices broadly shrug off output cut as demand worries weigh
Oil prices fluctuated on Monday as the positive impact of major producers agreeing record global output cuts was offset by concerns they will not be sufficient...
GE cuts some debt using proceeds from sale of biopharma business
General Electric Co said on Monday it used part of the $20 billion in proceeds from the sale of its biopharma business to cut debt.
Asia shares jump but pandemic hangs heavy over outlook
Asian stocks bounced on Tuesday on hopes the coronavirus outbreak may be peaking, though sentiment was cautious ahead of Chinese trade data and corporate earnings as...