U.S. life insurers impose waiting periods to skirt coronavirus risk
U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have traveled to regions with widespread outbreaks,...
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.
UK says has no plans for travel restrictions or to use military to keep order
The British government has no plans to bring in blanket travel restrictions for London or to close down the capital's transport system, Prime Minister Boris Johnson's...
Air France working with government to help repatriate French, European travelers
Air France said on Thursday that it was working closely with the French government to help repatriate French and European nationals abroad who might be stranded...
Airline industry crisis deepens as coronavirus pain spreads
The crisis for airlines deepened on Thursday as Lufthansa warned the industry might not survive without state aid if the coronavirus pandemic lasts a long time,...
SoftBank shares close down 17% in biggest one-day fall
Shares of SoftBank Group Corp closed down 17% on Thursday in their biggest one-day fall, hammered by investor scepticism over the outlook for tech bets, such...
Crypto-market infrastructure creaks amid volatility test
As worries over the economic hit from the coronavirus outbreak spread from stocks, oil and bonds to cryptocurrencies late last week, bitcoin crashed to its worst...
Airline industry may not survive without state aid: Lufthansa
Lufthansa said that the airline industry may not survive without state aid if the coronavirus epidemic lasts for a long time, as it throws everything at...
Credit markets flash red as coronavirus hits corporate America
From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic will...
Amazon shuts New York delivery station after worker gets coronavirus
Amazon.com Inc on Thursday said it was closing a small New York warehouse temporarily after one of its associates tested positive for the coronavirus, a move...
State of the Markets – Speech by Mark Steward
WilmerHale W.I.R.E. UK David Rundle and Anna Gaudoin March 11, 2020 On 6 February 2020, Mark Steward, Executive Director of Enforcement and Market Oversight at the...
Walmart to hire 150,000 workers as shoppers surge on coronavirus fears
Big-box retailer Walmart Inc said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to...
U.S. crude climbs after White House comments on Saudi-Russia dispute
U.S crude oil prices edged higher on Friday, extending gains after a 24% jump the previous day, buoyed by hints from U.S. President Donald Trump he...
Asia shares bounce after rout, rush for dollars causing stress
Asian shares staged a rare rally on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though the...
Carmaker Bentley to suspend production for four weeks over coronavirus
Bentley will stop car production at its British factory from the end of Friday for four weeks over the coronavirus outbreak, one of the final automakers...
Dollar rampage spurs FX interventions, talk of big G7 move
From Brazil to Norway, policymakers are leaping to defend currencies against the onslaught of the dollar which scaled three-year peaks on Thursday, raising speculation that a...