Lufthansa suspends 7,100 flights in March, including to Israel
German airline group Lufthansa said on Thursday it is cancelling about 7,100 flights up to the end of March due to lower demand and the spread...
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.
Oil falls, OPEC backs deeper supply cuts
Oil fell on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, and while major producers agreed on deeper output cuts...
Futures plunge on virus fears as California declares emergency
Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered by...
Southwest Airlines sees first-quarter revenue hit from coronavirus outbreak
Southwest Airlines Co said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the coronavirus outbreak, prompting it...
OPEC backs biggest oil cut since 2008 crisis, awaits Russia
OPEC agreed on Thursday to cut oil output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices...
Iranian oil minister confirms OPEC agreed a 1.5 million bpd cut
The Iranian oil minister confirmed on Thursday that OPEC ministers had agreed an extra 1.5 million barrel per day (bpd) cut in oil production and that...
Russia prepared for possible drop in oil prices, finance minister says
Russia is prepared for a possible drop in oil prices should OPEC and its allies fail to reach an agreement over cutting supply at meetings in...
Exxon CEO sticks to spending targets as oil prices tumble
Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Tuesday it would stick to its...
Here's what people are doing with their tax refunds
Forget going on vacation. Taxpayers anticipate saving the money they get back from Uncle Sam, according to a study from CreditCards.com. Paying down debt comes in...
Facebook closes Seattle office after contractor catches coronavirus
Facebook Inc said on Thursday a contractor at its Seattle office has been diagnosed with the coronavirus and that it would shut the location through March...
PetroChina suspends some gas contracts as coronavirus hits demand: sources
PetroChina has suspended some natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, as a seasonal plunge in demand...
UK ready to support regional airports after Flybe collapse: minister
Britain "stands ready" to support regional airports after the collapse of airline Flybe on Thursday, Kelly Tolhurst, a junior minister with responsibility for aviation, told parliament.
Oil rises as OPEC backs deeper supply cuts
Oil rose on Thursday after major producers agreed on deeper output cuts to bolster prices as worries intensify over the fast-spreading coronavirus outbreak and its impact...
Europe stocks, U.S. futures sink as coronavirus quashes rebound
European shares fell again on Thursday, taking their cue from U.S. equity futures, which implied a lower open for Wall Street as cases of the coronavirus...
OPEC agrees large oil output cut amid virus outbreak if Russia joins: sources
OPEC agreed on Thursday to cut output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices amid...