OPEC+ outlines oil cut deal, but Mexico holds up final agreement: sources
OPEC, Russia and other allies outlined plans on Thursday to cut their oil output by more than a fifth and said they expected the United States...
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.
Boeing considers potential 10% cut to workforce: WSJ
Boeing Co is considering a plan to cut its workforce by about 10%, which could involve buyouts, early retirements and involuntary layoffs, the Wall Street Journal...
Saudi king, Trump, Putin review importance of cooperation between oil producing countries
Saudi Arabia's King Salman, U.S. President Donald Trump and Russian President Vladimir Putin reviewed, in a phone call, the importance of cooperation between oil producing countries,...
GM plans to extend shutdown of Brazil auto production by 60 days
General Motors Co plans to keep its Brazilian factories shut down for at least 60 more days due to the coronavirus crisis, the company said Thursday,...
UBS and Credit Suisse to partially postpone dividend payout
Switzerland's two big banks, UBS and Credit Suisse , said they decided to pay out part of their dividend for 2019 later this year after financial...
Swiss financial watchdog welcomes UBS' and Credit Suisse's dividend decisions
Swiss financial watchdog Finma said on Thursday it welcomed a decision by UBS and Credit Suisse to pay out half of their dividends for 2019 in...
Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei
Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei business...
Advertisers shun coronavirus coverage, hastening news media battle for survival
From Rupert Murdoch's News UK to McClatchy's chain of local newspapers across the United States, news publishers are attracting record numbers of readers as people in...
Oil prices rise on optimism OPEC+ meeting will result in supply cut
Oil prices rose on Thursday on expectations the world's largest oil producers would agree to cut production at a meeting later in the day as the...
California developer says virus an act of God, sues Exxon over stalled deal
A California retail developer claims the state's coronavirus lockdown was an act of God that prevented it from completing a $4.2 million property acquisition, asking a...
U.S. weekly jobless claims seen hovering near record highs
The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel coronavirus...
Nissan seeks $4.6 billion credit line after coronavirus hit: sources
Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, two people with...
Asian shares rise as investors pin hopes on pandemic peaking
Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures to support their...
Saudi, Russia to lead oil output talks as U.S. resists cut
OPEC and other oil producers led by Russia will discuss their largest ever output cut on Thursday in talks complicated by recent animosity and U.S. resistance...
UBS and Credit Suisse bow to regulator pressure on dividends
Swiss banks UBS and Credit Suisse will postpone paying out part of their 2019 dividends until later this year after mounting pressure from authorities over lenders'...