EasyJet founder seeks to oust directors over Airbus plane order
EasyJet's founder Stelios Haji-Ioannou demanded on Wednesday a shareholder vote to remove two directors, as part of his battle to try to force the British airline...
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.
Fintech in coronatimes: Why some sub-sectors are especially vulnerable in a downturn
Sifted Isabel Woodford March 25, 3020 A sector-by-sector analysis of what might happen to European fintechs during a downturn. Which are most at risk and which...
U.S. dollar drifts higher as optimism ebbs on coronavirus crisis
The U.S. dollar edged higher on Wednesday in choppy trading, attracting safe-haven bids, as optimism faded that the coronavirus crisis may be nearing a peak and...
HSBC reports potential money laundering breaches in Australia
HSBC has reported itself to Australia's financial regulator for possible breaches of anti-money laundering rules, the bank disclosed in a regulatory filing by its Australian subsidiary.
Eight out of 10 financial advisors see markets diving lower, survey finds
Eighty-one percent of financial advisors say markets haven't hit bottom yet amid the coronavirus pandemic, according to a survey by Ned Davis Research. Two members of...
Constellation Brands cuts back Mexico operations to protect workers
U.S. brewer Constellation Brands has begun reducing operations at its breweries in Mexico to protect its workers in line with government directives to contain the spread...
McDonald's quarterly same-store sales fall more than market expectations
McDonald's Corp said first-quarter comparable sales declined 3.4%, as the world's largest burger chain had to shutter stores and stick to delivery or take-out due to...
Corona beer maker Constellation to reduce production in Mexico during pandemic
Constellation Brands Inc , the U.S. distributor of Corona beer, said on Wednesday it would reduce production at its Mexican breweries, just days after it announced...
GM to supply 30,000 ventilators in $500 million U.S. contract
The United States on Wednesday awarded automaker General Motors Co a contract worth $489.4 million to make ventilators needed to treat severely sick coronavirus patients.
Debt piling up during the coronavirus outbreak? Here's how to manage it
It's never ideal to build up debt, but it may be necessary these days.
Zoom hires former Facebook security chief to beef up privacy, safety
Zoom Video Communications Inc has tapped former Facebook security chief Alex Stamos as an adviser and set up an advisory board to improve the privacy and...
SoftBank-backed Oyo furloughs some U.S. workers as coronavirus hits revenue
SoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus pandemic slams the...
Oil futures rise on hopes of production cuts
Oil futures strengthened late in the session on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement on Thursday.
Dollar firms on rising coronavirus crisis worries
The dollar firmed on Wednesday as optimism that the coronavirus crisis was slowing waned, increasing investor concerns over the economic impact of the pandemic.
H&M borrows 980 million euros to boost liquidity buffer amid pandemic
H&M , the world's second-biggest fashion retailer, said on Wednesday it had signed a 980 million euro ($1.1 billion) revolving credit facility to strengthen its liquidity...