Swiss Re lines up UBS CEO Ermotti to become chairman in 2021
Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world's second-biggest reinsurer said on Tuesday, turning to a...
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.
Tokyo 2020 Wheelchair rugby test event canceled over coronavirus concerns
The Japan Para Sports Association and Tokyo 2020 Olympic and Paralympic organizers moved to cancel this month's wheelchair rugby test event on Tuesday due to the...
Rebound rumbles on as G7 send support signal
Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signaled a united front to address the economic...
Oil jumps after Fed cuts U.S. interest rates, then pares gains
Oil prices rose on Tuesday but remained below session highs reached after the U.S. Federal Reserve cut interest rates in an emergency move designed to shield...
Hudson's Bay Co Chairman Richard Baker to take over as CEO: source
Hudson's Bay Co Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters on Tuesday, after his bid...
Daimler says cost cut plans may see entire platforms eliminated
Mercedes-Benz is embarking on a sweeping cost cutting plan to free up cash to build electric and self-driving cars, a step which could see entire engine...
What this surprise Fed rate cut means for you
In a rare move, the Fed slashed rates by half a percentage point. That will have far-reaching consequences for everyday Americans.
Exxon Mobil calls for tighter methane regulations
Exxon Mobil on Tuesday called for tighter regulation of the greenhouse gas methane and offered up its own in-house rules as a model for companies and...
World stocks lead rally as G7 pledges virus support
A sharp rebound in world stock markets lost only a little steam on Tuesday despite a lack of any immediately gratifying measures after global policymakers pledged...
Fed cuts rates in emergency move to blunt coronavirus impact
The U.S. Federal Reserve cut interest rates on Tuesday in a bid to shield the world's largest economy from the impact of the coronavirus, but the...
Latest coronavirus news to drive next Fed decision: Mester
The Federal Reserve's next policy decision in two weeks' time will be driven by the latest news on how the coronavirus is affecting the economy, Cleveland...
Fed's Mester says coronavirus outbreak could weigh on U.S. economic growth
The coronavirus outbreak muddied the outlook for U.S. economy and could weigh on growth in the first half of this year, Cleveland Federal Reserve Bank President...
Fed slashes rates in emergency move to combat coronavirus risks
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.
OPEC, Russia moving closer to big oil cut as coronavirus hits demand
A panel of OPEC and its allies recommended cutting oil output by an extra 1 million barrels per day (bpd) on Tuesday signaling that Russia and...
Hudson's Bay Chairman Richard Baker to take over as CEO: source
Hudson's Bay Co Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters on Tuesday, after his bid...