Oil gains as U.S. shale production set to fall sharply
Oil prices rose on Tuesday after a U.S. agency said shale output in the world's biggest crude producer would fall by the most on record in...
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.
Telco shares are surprise losers as lockdown drives internet boom
As lockdowns worldwide drive a surge in internet use, boosting online sales for businesses as varied as gaming and food delivery, the stocks of internet providers...
Trump says plan to re-open shuttered U.S. economy to be completed soon
President Donald Trump said on Monday that his administration was close to completing a plan to re-open the U.S. economy, which has been largely shut down...
Factbox: Non OPEC+ crude oil supply cuts
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to reduce output by 9.7 million barrels per day (bpd)...
Record oil output cuts fail to make waves in coronavirus-hit market
The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are...
Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic
GrubHub, DoorDash, Postmates and Uber Eats were sued on Monday for allegedly exploiting their dominance in restaurant meal deliveries to impose fees that consumers ultimately bear...
U.S. airlines nearing acceptance of payroll aid plan: sources
Some large U.S. passenger airlines are close to accepting the terms of a $25 billion offer for government coronavirus payroll aid, with announcements possible as early...
Asia shares seen higher but economic woes may cap gains
Asian stocks were set for a modest bounce on Tuesday as U.S. stock futures edged higher, although fears the coronavirus could drag on the global economy...
British American Tobacco under criminal probe by U.S. regulators: The Times
Lucky Strike cigarette maker British American Tobacco is under criminal investigation by U.S. regulators over suspected sanctions-busting, The Times reported https://bit.ly/2ydR5Wm on Tuesday.
SoftBank shares fall 3.5% after flagging first financial year loss in 15 years
SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year...
Exxon raises $9.5 billion to load up on cash while debt market still open to new deals
Exxon Mobil Corp on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster its finances while debt markets remain...
Saudi energy minister says OPEC+ effective oil cuts are 12.5 million bpd
The Saudi energy minister said on Sunday that effective oil supply cuts by OPEC and its allies, a group known as OPEC+, will amount to 12.5...
Trump says 'great' OPEC+ deal will save U.S. jobs
U.S. President Donald Trump on Sunday praised a deal among the world's top oil producers to cut global petroleum output, saying it would save jobs in...
Oil climbs more than $1/barrel as OPEC, allied producers 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...
Oil agreement could support stocks, providing a floor
An agreement by oil producing nations to cut output by a record amount may sustain a recent bounce in stocks, though stay-at-home restrictions and closures tied...