EssilorLuxottica forecasts profit growth despite coronavirus impact
EssilorLuxottica expects continued profit growth this year after stronger 2019 results, saying on Friday the outbreak of coronavirus had not hit output at its Italian factories...
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.
India's Yes Bank plunges 60%, panicked depositors rush to withdraw funds
Shares in India's Yes Bank Ltd plunged 60% on Friday as panicky depositors rushed to withdraw funds after the central bank took control in a dramatic...
Goldman ranks as top activism defense firm, beating Morgan Stanley
Goldman Sachs ranked as the top adviser to companies targeted by activist investors in 2019, dethroning Morgan Stanley , which had held the top spot for...
Coronavirus concerns pummel major indexes as investors flee to bonds
U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the...
Coronavirus infects more than 100,000 worldwide, wreaking financial havoc
The number of people infected with coronavirus surpassed 100,000 across the world on Friday as the outbreak reached more countries and intensified economic damage, with business...
Telecom Italia fined 116 million euros for broadband market abuse
Italy's competition watchdog said on Friday it had fined former phone monopoly Telecom Italia (TIM) 116 million euros ($131 million) for abusing its dominant position in...
Bank of America splitting trading staff amid coronavirus concerns: source
Bank of America Corp is splitting its trading staff with about 100 employees working out of the Stamford location effective Monday, according to a source familiar...
Thyssenkrupp shares hit record low as investor faith dwindles
Thyssenkrupp shares hit a record low on Friday, prompting its finance chief to come out and defend the ailing conglomerate which must convince investors that it...
Another victim of coronavirus: Spain's religious statue-kissing
A Spanish pre-Easter tradition, where Catholics flock in droves to kiss statues of Jesus and Mary, fell victim to the coronavirus epidemic this week as churches...
In Canada, doctors broadened coronavirus testing, and made an unlikely save
Canada's official guidance on the novel coronavirus has been to test patients who recently traveled to affected areas, but some doctors and hospitals have expanded testing...
U.S. telehealth companies brace for demand spike as coronavirus spread accelerates
The U.S. telehealth industry, including market leader Teladoc Health Inc, is preparing for a surge in demand as public health officials aiming to contain the fast-spreading...
Coronavirus impact is overwhelming, Spain's hotels association says
Hotel bookings have fallen by as much as 40% in some areas of Spain, the country's hotel federation said and flagged an overwhelming impact for the...
Exclusive: StanChart says CEO Winters will stay to execute current strategy
Standard Chartered Chief Executive Bill Winters is expected to stay at the bank until the conclusion of its current strategy, its Chairman Jose Vinals said in...
Ethiopian investigators set to blame Boeing for plane crash: Bloomberg News
Ethiopian crash investigators have tentatively concluded that the crash of a Boeing Co 737 MAX last year was caused by the plane's design, Bloomberg News reported...
Mastercard shuts Sao Paulo office, NY site after employee diagnosed with coronavirus
Mastercard Inc closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee was diagnosed with coronavirus.