Norwegian Air's March traffic tumbles 60% amid virus lockdown
Norwegian Air's passenger volume fell by 60% year-on-year in March as the company gradually grounded its fleet amid global efforts to halt the spread of the...
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.
NMC in talks with lenders to avoid administration
Troubled hospital group NMC Health said on Monday it is in talks with Abu Dhabi Commercial Bank , seeking to convince it to withdraw an application...
Oil slips on oversupply fears, but stocks jump on virus slowdown hopes
Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a...
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.
Outbreak shows signs of leveling off in New York, New Jersey, but vigilance urged
The governors of New York, New Jersey and Louisiana pointed to tentative signs on Monday that the coronavirus outbreak may be starting to plateau in their...
Asian shares cautiously gain on virus hopes, dollar slips
Asian stock markets rallied for a second day on Tuesday, and riskier currencies rose, buoyed by tentative signs the coronavirus crisis may be levelling off in...
U.S. officials brace for 'peak death week' in coronavirus
U.S. officials on Monday girded the country for a "peak death week" from the coronavirus pandemic as the accelerating American death toll closed the gap with...
Could Bitcoin on DeFi displace banks? Yes
Daily Fintech Ilias Louis Hatzis April 6, 2020 Decentralized Finance (DeFi) is building a new financial system. The DeFi movement is picking up steam. DeFi has...
CVS ramps up drive-through coronavirus testing sites with faster kits
CVS Health Corp , called on by the Trump administration last month to help test Americans for infections from the new coronavirus, said it was launching...
Marco Rubio expects the Senate to pass at least one more coronavirus relief bill
"The appetite is there," Rubio said in a CNBC "Squawk Box" interview. "I think everyone I've talked to recognizes we're going to have to go back...
Central banker bulletin: COVID-19 cash concerns to drive digital currency
Ledger Insights April 6, 2020 A bulletin from the Bank for International Settlements (BIS), the body owned by 62 central banks, highlights cash concerns because of...
Safaricom, Vodacom finalise M-Pesa acquisition from Britain's Vodafone
Kenya's leading telecom firm Safaricom and South Africa's Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain's...
HSBC Hong Kong shareholders mull legal action over dividend suspension
HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments.
Total among companies seeking force majeure on EDF contracts: sources
Energy major Total is among several power suppliers that tried to declare force majeure on buying nuclear power from EDF, sources said, as the coronavirus outbreak...
SeaWorld CEO steps down after just five months on the job
SeaWorld Entertainment Inc said on Monday Sergio Rivera, the theme park operator's chief executive officer for just five months, has resigned due to disagreements with the...