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...
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.
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...
Here's what we can expect from earnings season as companies ride out the coronavirus pandemic
Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.
Russia hails oil deal it says will save millions of U.S. jobs
The global oil production deal clinched at the weekend will help to establish a price floor and help to save millions of jobs in the United...
Performance Food signs deals with retailers to keep shelves stocked
U.S. food distributor Performance Food Group Co said on Monday it had signed agreements with 13 new retail partners and would have over 1,000 of its...
Fashion giant Inditex working at reduced capacity despite loosened Spanish lockdown
Employees at global fashion giant Inditex's 10 logistics centres in Spain - from where it sends garments to its stores worldwide - returned to work on...
Oil prices 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...
Oil prices turn negative after early gains on record output cut
Oil prices turned negative on Monday, erasing gains made after major producers agreed record global output cuts, pressured by concerns that the cuts will not be...
Factbox: Coronavirus spread closes North American meat plants
Major meat companies in the United States and Canada have closed plants temporarily due to cases of the new coronavirus and concerns about its spread.
Oil climbs after OPEC+ agree record output cut
Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won't be enough to...
Oil gains on OPEC+ deal, stocks stymied by pandemic worries
Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following...
Investors are scouting an unlikely corner of the stock market: Indian private sector banks
Big bank stocks in India are falling like nine pins. Some investors believe that the gloominess might be overdone.
Goldman Sachs still sees crude prices falling after OPEC+ deal
Goldman Sachs said on Sunday that the deal between major oil producers to cut output by nearly 10 million barrels per day is 'historic yet insufficient,'...
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...
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...