Top Michelin executives agree to pay cuts to help with COVID-19 response
French tyre company Michelin said on Monday that its leading executives had agreed to take pay cuts as a gesture of solidarity to help deal with...
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.
Peugeot parent secures further 3 billion euros of loans
Peugeot-owner PSA said on Monday it had secured a further 3 billion euros ($3.3 billion) of loans, strengthening its financial position in the wake of the...
Lufthansa's Belgian carrier suspends flights until mid-May
Belgium's Brussels Airlines, a Lufthansa subsidiary, has extended its suspension of flights until at least May 15, it said on Monday.
Britain's BT commits to no job losses over coronavirus
The head of Britain's biggest telecoms firm BT said he would donate his salary to health workers for at least six months and award a pay...
Futures jump on hopes of slowdown in coronavirus cases
U.S. stock index futures jumped about 4% on Monday after President Donald Trump expressed hope that the coronavirus health crisis in the United States was "leveling-off"...
Stocks jump on virus hopes, oil hit by OPEC+ delay
World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases, though a delay in talks between Saudi Arabia and Russia...
Jamie Dimon says under 'extremely adverse' scenario, JPMorgan might consider suspending dividend
The possibility of JPMorgan cutting its dividend is likely to reverberate among bank investors and analysts.
BMW sales plunge in first quarter as coronavirus takes toll
BMW said on Monday that group sales dropped by 20.6% to 477,111 vehicles in the first quarter as the outbreak of coronavirus took its toll and...
Carmaker PSA secures further 3 billion euros worth of loans
French carmaker and Peugeot-owner PSA announced on Monday a further 3 billion euros ($3.3 billion) worth of loans to strengthen its financial position in the wake...
Oil edges down after Saudi Arabia, Russia delay meeting
Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus...
Stocks jump on virus slowdown hopes, but oil slips on oversupply
Stocks jumped on Monday as investors were encouraged by a slowdown in coronavirus-related deaths and new cases, while oil prices skidded after Saudi-Russian negotiations to cut...
Dubai's Emaar suspends construction projects due to virus - sources
Emaar Properties , the largest listed developer in the United Arab Emirates, has suspended work on major projects in Dubai, sources familiar with the matter said,...
As Germany reels from coronavirus, some officials debate impact on banks
As Germany rolls out a 750 billion-euro economic stimulus package, officials and experts are discussing whether German lenders, including Deutsche Bank AG and Commerzbank AG, will...
HSBC HK shareholders mull legal action over dividend suspension
HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against the bank's decision to scrap dividend...
Oil drops on oversupply worries as Saudi Arabia, Russia delay meeting
Oil prices slipped on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could partly alleviate oversupply in global markets as...