Kuwait oil minister says optimistic on outcome of OPEC meetings
Kuwait's oil minister said on Tuesday he is optimistic about the outcome of OPEC meetings this week and continued cooperation among OPEC+ countries, Kuwait state news...
Market wire
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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.
Global markets: Here come the cavalry?
A recovery in world stock markets and oil prices picked up pace on Tuesday, as global policymakers signalled a united front to address the economic fallout...
High-fives, hugs, kisses discouraged as U.S. companies respond to growing coronavirus threat
As news broke of more cases of coronavirus spreading across the United States, T-Mobile had a novel response to the threat: fewer hugs, kisses or high-fives.
Bank of England's Carney sees powerful global response to coronavirus
Bank of England Governor Mark Carney said policymakers around the world were working on a "powerful and timely" response to the economic hit from coronavirus which...
Kremlin stays silent on Russia oil cut plans ahead of OPEC+ meeting
The Kremlin told reporters on Tuesday it would not say whether Moscow was ready to make additional oil output cuts as part of the cooperation between...
Airlines face worsening coronavirus impact, European bosses warn
The worst is still to come for the airline industry in terms of economic damage from the coronavirus outbreak, European carrier bosses warned on Tuesday, but...
Impossible Foods cuts prices of plant-based meat to distributors
Impossible Foods on Tuesday announced an average of 15% cut in vegan product prices to distributors in the United States and asked them to pass it...
Fidelity 2019 profit rose 10% on strong flows into index and money-market funds
Fidelity Investments said on Tuesday operating profit in 2019 climbed 10% to $6.9 billion as investors pushed their cash into money-market and passively managed products while...
GM to tout its electric vehicles to investors swooning over Tesla
General Motors Co executives on Wednesday will tackle one of their toughest tasks: Persuading investors that a Detroit automaker can catch up with Elon Musk and...
Fed's emergency rate cut spooks Wall Street
Wall Street tumbled in a volatile session on Tuesday after the Federal Reserve's surprise half percentage-point cut in interest rates raised alarm over the magnitude of...
New York's plastic bag ban is a lesson in how consumers treat money
New York's ban on single-use plastic bags, and its accompanying 5-cent fee for paper bags, is a lens into consumer psychology around money and how companies...
UPS says coronavirus outbreak to hurt first-quarter results
(Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty)
Homebuilder stocks jump on Fed rate cut amid coronavirus outbreak
The homebuilders' ETF (ITB) is near the high of the session, up almost 2.3% and up 6.2% week-to-date.
Bank stocks dive after the Fed slashes rates to curb coronavirus impact, JPMorgan off by 4%
Bank stocks sold off in unison on Tuesday on concerns lower rates would hit lending margins.
OPEC gathers in Vienna to discuss further cuts in oil output
OPEC ministers were starting to arrive in Vienna on Tuesday where they will debate whether to cut oil production further as the spread of the coronavirus...