Turkish Airlines extends flight cancellations until May 20
Turkish Airlines has extended the cancellation of international flights to May 20 from May 1 over the coronavirus outbreak, the airline said on Tuesday, adding that...
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.
Investors stick to cash amid recession worries: BofA survey
Investors have been hoarding cash at a rate not seen since the immediate aftermath of the attack on the World Trade Center in Sept 2001, BofA's...
Wizz Air not considering plane deferrals, sees growth returning in 2022: CEO
European low cost airline Wizz Air is not looking to defer any of the Airbus narrowbody planes it has on order even though it does not...
Amazon fires two employees critical of warehouse working conditions
Amazon.com Inc said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant's warehouses in the wake of the coronavirus pandemic,...
Oil slips as producer cuts fail to banish demand fears
Oil prices edged lower on Tuesday, with investors apparently unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic, though a predicted...
Pandemic survival plans: U.S. businesses scramble to conserve cash, boost liquidity
Charlie Straface, president of Norwegian aluminum maker Norsk Hydro's North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures...
Stocks rise on China trade data, easing pandemic fears
World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy by partly lifting restrictions...
Exclusive: Stay off Zoom and Google Hangouts, Standard Chartered chief tells staff
Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity...
Spain seizes virus tests bound for returning Siemens Gamesa workers: union
Spanish authorities have requisitioned 2,000 antibody tests procured by wind turbine maker Siemens Gamesa and intended to check whether employees have been infected with the coronavirus,...
Ten U.S. states developing 'reopening' plans account for 38% of U.S. economy
The ten U.S. states coordinating plans separately from the White House to reopen businesses shut by the coronavirus are responsible for an outsized proportion of the...
Barclays halts new job cuts during coronavirus crisis: memo
Barclays has halted new job cuts while the coronavirus crisis is ongoing, the bank said in an internal memo seen by Reuters on Tuesday.
Britain's Next re-opens online before maxing out daily limit
British clothing retailer Next hit a self-imposed daily limit within hours of re-opening its online business on Tuesday, indicating consumer demand during the coronavirus lockdown.
Johnson & Johnson beats profit estimates but cuts forecast on coronavirus uncertainty
Johnson & Johnson on Tuesday beat analysts' estimates for first-quarter profit on higher sales of its cancer drugs and consumer products including Tylenol, while slashing its...
JPMorgan profit plunges on coronavirus loan provisions
JPMorgan Chase & Co's quarterly profit slumped by more than two-thirds as the coronavirus pandemic and record low oil prices forced the largest U.S. bank to...
China data lifts futures as JPMorgan, J&J kick off earnings
U.S. stock index futures gained 1% on Tuesday on better-than-expected trade data from China and signs some economies were preparing to ease lockdowns, even as the...