Oil falls to $25 as oversupply fears mount with U.S. inventory rise
Oil slid to $25 a barrel on Wednesday, within sight of its lowest in 18 years, as a report showing a big rise in U.S. inventories...
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.
Markets fall as virus woes strike again
World markets fell on Wednesday as the coronavirus threat ensured an ugly start to the second quarter for equities and commodities.
Chinese buyers snap up U.S. oil purchases at widest discounts ever
China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in Asia,...
Oil majors slash 2020 spending by 20% after prices slump
The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of...
Factory activity plunges as coronavirus shock deepens
Factories fell quiet across most of Europe and Asia in March as the coronavirus pandemic paralyzed economic activity, with evidence mounting that the world is sliding...
Futures tumble as coronavirus crisis intensifies
U.S. stock index futures sank on Wednesday following stark predictions of a rising U.S. death toll and economic damage from the coronavirus outbreak, a day after...
Oilfield spending to fall 21% as producers slash outlays: report
Global spending on oilfield equipment and services this year will fall 21% from 2019 to $211 billion, the lowest level since 2005, according to a report...
Worker crunch hits world's top medical glove maker as demand spikes
The world's biggest maker of medical gloves is grappling with a serious shortage of workers as it tries to meet a huge surge in demand as...
China's ports brace for second hit as virus spread wipes out exports
China's ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country's...
Stocks give up meager gains as virus anxiety prevails
Asian shares and Wall Street futures fell on Wednesday in the first trading session of the quarter as the coronavirus pandemic and the prospect of a...
Exclusive: KKR shelves $2 billion sale of Singapore-based Goodpack due to market slump: sources
KKR & Co has shelved a plan to sell Singapore-based Goodpack, which provides shipping containers and logistics services, after the coronavirus outbreak hit valuations, sources with...
Tariff pain turns to gain: U.S. computer, toy stockpiles help meet virus rush
As the coronavirus outbreak forced classes online, Boston Public Schools ordered 20,000 laptops and had them in hand in four days - an unusually fast turnaround...
Dollar rallies as investors brace for global downturn
The dollar gained broadly against riskier currencies on Wednesday, with markets staring at what is likely to be one of the worst economic contractions for decades...
Oil skids as oversupply fears pile up with U.S. inventories growth
Global crude oil prices slid further on Wednesday, following their biggest-ever quarterly and monthly losses, as a bigger-than-expected rise in U.S. inventories and a widening rift...
France's Carrefour teams up with Uber Eats for lockdown deliveries
French supermarket retailer Carrefour and Uber Eats announced a new delivery service on Wednesday, aimed at helping Parisians buy essential goods and food during the nationwide...