Netflix to reduce quality of streams in Israel to help ISPs
Netflix will comply with a government request to reduce stream quality in Israel to help ease data congestion from people staying home due to the coronavirus,...
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.
Skies clear as more flights grounded by growing coronavirus curbs
Widening curbs on travel to contain the spread of the coronavirus led airlines to ramp up flight cancellations on Monday, with new restrictions spanning Australia, New...
Rout resumes as more nations self-isolate against virus
Financial markets around the world took another hammering on Monday as a rising tide of national coronavirus lockdowns threatened to overwhelm policymakers' frantic efforts to cushion...
Airbus signs credit facility for 15 billion euros, withdraws 2020 guidance
Planemaker Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit...
Hyundai Motor heir apparent buys $15 million shares in automaker, parts affiliate
Hyundai Motor Group's heir apparent Euisun Chung bought shares in automaker Hyundai Motor and parts affiliate Hyundai Mobis for a combined 19 billion won ($15 million),...
Brent crude extends fall as coronavirus shutdowns sap demand
Brent crude prices extended falls on Monday amid more action by governments to contain the global coronavirus outbreak that has slashed the demand outlook for oil...
Central banks deploy record sums to break financial logjam, but may need more
Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worried about the economic...
SoftBank to raise $41 billion to expand share buyback, cut debt
SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen...
Goldman Sachs sees 1% drop in global GDP due to 'coronacrisis'
Goldman Sachs said it expected global real gross domestic product to contract by about 1% in 2020, a sharper economic decline than in the year following...
Shell lowers 2020 capex, suspends share buyback
Oil major Shell lowered capital expenditure for 2020 by about $5 billion on Monday and suspended the next tranche of its share buyback plan, as the...
Apple scraps curbs on online buyers of iPhones amid virus outbreak
Apple has dropped a two-device limit on online purchases of iPhones, a check of its web stores showed on Monday, just days after changing the checkout...
Senate GOP virus bill aids U.S. transport sector; offers airlines loans, not cash
A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but $50 billion for struggling U.S. airlines...
Walmart ups minimum wage in e-commerce warehouses by $2 as orders surge on virus worries
Walmart Inc said on Monday it has temporarily raised entry wages for workers in its e-commerce warehouses by $2, following similar moves by rivals, as it...
Stocks stagger as more nations self isolate against virus
Asian shares sank on Monday as a rising tide of national lockdowns threatened to overwhelm policymakers' frantic efforts to cushion what is likely to be a...
Domestic travel, airline hubs the latest hit as coronavirus curbs tighten
Airlines canceled more flights on Monday as Australia and New Zealand warned against non-essential domestic travel, the United Arab Emirates (UAE) halted flights for two weeks...