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...
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.
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...
Stock sell-off rolls to Asia, bonds rally on virus risk
Asian shares fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged...
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...
Oil slides as demand worries overshadow OPEC deal to deepen supply cuts
Oil prices fell on Thursday as the coronavirus epidemic showed no signs of slowing, feeding worries about the global economy and prompting investors to sell more...
Southwest Airline sees hit to first-quarter revenue from coronavirus outbreak
Southwest Airlines Co on Thursday warned its first-quarter operating revenue would take a hit of up to $300 million from the coronavirus outbreak, prompting it to...
HP rejects Xerox's raised takeover offer
HP Inc on Thursday rejected Xerox Holdings Corp's raised takeover bid of about $35 billion, saying that the offer still undervalued the personal computer maker.
Transforming Britain's John Lewis could take five years, new boss warns
The new chairman of British retailer John Lewis warned on Thursday it could take up to five years to revive the employee-owned group hit by sliding...
Exxon CEO sticks to spending targets despite oil downturn
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...
'9/11-type feel' to airline demand drop over coronavirus: Southwest CEO to CNBC
The drop-off in air travel demand following the spread of coronavirus cases feels more driven by fear than economics, similar to 9/11, Southwest Airlines Co Chief...
Coronavirus hit to airlines could top $100 billion, Flybe collapses
The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, more than three times...
Oil falls, OPEC seeks Russian backing for deeper supply cuts
Oil fell on Thursday as worries intensified over the fast-spreading coronavirus outbreak and OPEC ministers met in Vienna to seek Russian backing for deeper output cuts...
India plans to airlift components from China to help local tech industry: sources
India is planning to backstop its growing electronics sector by arranging to airlift components from China, three government officials said, as it tries to contain the...
Record profit lifts Aviva shares, pays out on coronavirus claims
Aviva shares jumped on Thursday as the life and general insurer posted a record profit in its first year under chief executive Maurice Tulloch, although he...
British airline Flybe collapses as coronavirus deals final blow
British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the long-struggling carrier one of the first big corporate casualties of the...