Britain's Tesco says coronavirus costs could reach $1.1 billion
Britain's biggest retailer Tesco expects to take a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic...
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.
UK fashion retailer ASOS raises 247 million pounds in placing
British online fashion retailer ASOS Plc said it had raised 247 million pounds ($304 million) via a placing, to help it shore up its finances in...
The latest investment strategy menaced by flailing markets: dividend stocks
A pronounced economic slump sparked by the coronavirus outbreak has imperiled a popular investment strategy: buying dividend stocks.
French carmaker PSA sets up fund for staff and new health check measures
French carmaker and Peugeot owner PSA announced on Wednesday the creation of a solidarity fund to help staff affected by the closures of plants due to...
BAE Systems plans to raise $1.3 billion in bonds due 2030
Britain's BAE Systems is seeking to raise $1.3 billion in bonds to fund its employee benefit plans and repay debt, the company said on Wednesday, as...
Dollar gains on rising coronavirus crisis concerns
The dollar firmed on Wednesday as optimism that the coronavirus crisis was slowing waned, increasing investor concerns over the economic impact of the pandemic.
BAE Systems to raise $1.3 billion in debt to fund pension deficit
Britain's BAE Systems is looking to raise $1.3 billion in debt to fund its pension deficit and repay related loans, the company said on Wednesday, as...
Figure of $6.5 billion in loans for Air France KLM 'not unrealistic': minister
A figure of 6 billion euros ($6.5 billion) in loans to help Air France KLM amid the coronavirus crisis is "not unrealistic", French junior transport minister...
EasyJet founder continues battle over $5.5 billion Airbus order
EasyJet founder Stelios Haji-Ioannou continued his battle to force the British airline to cancel an order for 107 Airbus planes, making a new demand on Wednesday...
Oil holds near $32 ahead of OPEC-led talks on output cuts
Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts...
Britain's Tesco warns coronavirus costs could top $1 billion
Britain's biggest retailer Tesco estimated a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic and warned...
Honda back to work in China's Wuhan with temperature checks and masks
Temperature checkpoints and posters telling workers to keep more than a metre apart at Japanese automaker Honda Motor Co's reopened plant in the Chinese city of...
BMW to start producing face masks
German carmaker BMW will start producing face masks to help protect its own staff and the public against the spread of the new coronavirus, Chief Executive...
Global stocks turn negative as virus death toll mounts
World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance minister failed to agree a rescue package to help economies...
Fiat Chrysler in talks with unions for production restart in Italy
Fiat Chrysler (FCA) and unions are discussing plans for beefed-up health measures at Italian plants to pave the way for most profitable production to restart as...