Prague aims to get a grip on Airbnb with coronavirus crisis laws
Officials in Prague are using the coronavirus crisis to get a firmer grip on short-term rentals like Airbnb, which they say have squeezed locals out of...
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.
UBS execs to donate millions to coronavirus fight as CEO cautions over uncertainty
UBS's most senior managers will each contribute the equivalent of three months' salary to fight the new coronavirus, Chief Executive Sergio Ermotti said on Thursday, as...
Saudi, Russia debate record oil cut as U.S. resists action
OPEC and Russia will discuss record oil output cuts on Thursday to support prices hammered by the coronavirus crisis but talks are complicated by internal disagreements...
Rosneft believes OPEC+ output cut of 10 million bpd would rebalance markets: RenCap
Rosneft believes a cut in oil production of 10 million barrels per day (bpd) by OPEC+ would be sufficient to rebalance oil markets, Renaissance Capital (RenCap)...
UniCredit renews commitment to boosting shareholder returns: chairman
UniCredit remains strongly committed to increasing returns for investors in Italy's biggest bank, its chairman said, following a decision to suspend dividend payments and a share...
May is crunch time for U.S. auto suppliers amid coronavirus shutdown
Auto parts maker Kevin Clay landed a series of new contracts from customers early this year, and was bullish on 2020 after two challenging years.
Kremlin calls for coordinated joint action on global oil markets
Russia wants coordinated joint action to stabilise global oil markets, Kremlin spokesman Dmitry Peskov said on Thursday ahead of a meeting between OPEC and non-OPEC producers.
Nissan seeks $4.6 billion credit line as coronavirus hammers car demand: sources
Nissan Motor Co Ltd has requested a $4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it seeks to...
Tesla's China sales hit record high in March: industry association
Tesla Inc sold 10,160 vehicles in China in March, its highest ever monthly sales in the world's largest auto market, the China Passenger Car Association (CPCA)...
Dollar steadies before US jobs data, riskier FX up on OPEC hopes
The dollar held firm on Thursday after the swings caused by the coronavirus pandemic, but some selling pressure may be in store with U.S. jobless data...
Oil prices rise on hopes OPEC+ will agree supply cuts
Oil prices rose on Thursday on expectations the world's leading crude producers will overcome obstacles at a meeting later in the day that have so far...
Virgin Australia grounds almost all domestic flights, seeks government aid
Virgin Australia Holdings Ltd said on Thursday it would ground all domestic flights, except a single daily Sydney-Melbourne service through June 15, as it continues to...
Costco set to open new store in China's Suzhou city
U.S. retail giant Costco will open a new store in China's eastern city of Suzhou, near Shanghai, state media reported on Thursday.
Putin has no plans to talk oil with Trump, Saudis on Thursday: Kremlin
Russian President Putin has no plans as of Thursday to discuss oil markets with U.S. President Donald Trump and Saudi Arabia's leadership, a Kremlin spokesman told...
Global stocks gain on hopes pandemic is nearing peak
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies,...