U.S. crude futures up 5% ahead of OPEC+ meeting
U.S. crude futures rose as much as 6% in early trade on Thursday on expectations the world's largest oil producers would agree to cut production at...
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.
Streaming service Disney+ crosses 50 million paid subscribers globally
Walt Disney Co said on Wednesday that Disney+ has attracted more than 50 million paid users, with 8 million of them coming from India where the...
Automakers push to reopen plants with testing and lots of masks
Global automakers reeling from the COVID-19 pandemic are accelerating efforts to restart factories from Wuhan to Maranello to Michigan, using safety protocols developed for China and...
U.S. approves Google request to use segment of U.S.-Asia undersea cable
The Federal Communications Commission (FCC) on Wednesday approved Alphabet Inc unit Google's request to use part of an U.S.-Asia undersea telecommunications cable after the company warned...
BlackRock will not layoff employees due to COVID-19 pandemic: CEO
BlackRock Inc , the world's largest asset manager, will not layoff any employees during the year due to the coronavirus outbreak, Chief Executive Officer Larry Fink...
Etsy CEO says 20,000 of its shops are now selling face masks following CDC recommendation
"Our sellers are able to produce hundreds of thousands of masks per day," Etsy CEO Josh Silverman told CNBC.
Starbucks sees 47% drop in second-quarter earnings on coronavirus hit
Starbucks Corp on Wednesday forecast a 47% drop in second-quarter earnings, scrapped its full-year forecast and warned that the financial hit from the coronavirus pandemic would...
Fed's Kaplan sees U.S. growth returning in second half, but consumers staying cautious
The U.S. economy is headed for a return to growth in the second half of the year after a steep decline this quarter, Dallas Federal Reserve...
Trump says U.S. producers have already cut back oil production
U.S. President Donald Trump said on Wednesday U.S. oil producers have already cut production and he had many options if Saudi Arabia and Russia do not...
Zoom hires ex-Facebook security chief as Google bans desktop app
Zoom Video Communications Inc has tapped former Facebook security chief Alex Stamos as an adviser as safety and privacy concerns about its fast-growing video-conferencing app drive...
Exclusive: Airbnb to restrict bookings on its platform in Britain
Home rental firm Airbnb will block British bookings on its platform for the vast majority of customers on Thursday, allowing only key workers to stay in...
As delivery workers emerge as frontline soldiers, India's government warms to e-commerce
Three days after India imposed a nationwide lockdown, Devender Singh revved up his motorcycle to deliver meat and eggs to customers - but his heart was...
Virus lockdown threatens $60 billion in UK dividends: report
UK-listed companies could cancel about $60 billion in dividend payments this year following Britain's lockdown and calls from regulators to preserve cash during the coronavirus crisis,...
Mexico auto sector to resume operations once U.S. industry gears up
Mexican President Andres Manuel Lopez Obrador said on Wednesday the domestic auto sector can resume operations shortly after the U.S. industry gears up from a coronavirus-led...
Russia, Saudi to debate oil output cuts as U.S. resists joining
OPEC and Russia meet on Thursday to try to agree to record oil output cuts but their efforts to address the slump in prices wrought during...