Hudson's Bay Chairman Baker to take over as CEO: source
Saks Fifth Avenue owner Hudson's Bay Co Executive Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters...
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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.
Wall Street dips as G7 statement underwhelms
U.S. stocks fell minutes after the open on Tuesday as G7 heads stopped short of outlining measures to cushion the economic blow of the coronavirus epidemic,...
Chevron shows off war chest by pledging up to $80 billion in returns
Chevron Corp on Tuesday said it would keep its spending in check and return up to $80 billion to shareholders over the next five years, with...
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...
OPEC ministers gather in Vienna as coronavirus hits demand
OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from the...
Daimler says production in China stable but too early to forecast coronavirus impact
Daimler's car production in China is stable and the supply chains are secure but it is too early to forecast the impact of the coronavirus outbreak...
OPEC ministers to meet in Vienna to face coronavirus threat to oil demand
OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from the...
ECB working on lending scheme for coronavirus-hit companies: sources
The European Central Bank is preparing possible measures to provide liquidity to businesses hit by the economic fallout of the coronavirus outbreak, three sources familiar with...
European airlines warn of worsening impact of coronavirus
European airlines warned on Tuesday the worst is still to come in economic damage to the industry from the rapid spread of coronavirus Covid-19.
Ryanair, IAG bosses see travel demand returning for summer
The bosses of Ryanair and British Airways-owner IAG expect the drop-off in travel demand to stabilize in the coming weeks, before bookings return for the summer,...
Toyota names new finance chief in executive shake-up
Toyota Motor Corp named Kenta Kon as its next chief financial officer on Tuesday and said it would scrap executive vice president (EVP) roles as part...
Olympics: Tokyo 2020 wheelchair rugby test event canceled over coronavirus
This month's wheelchair rugby test event has been canceled due to the coronavirus outbreak, Tokyo 2020 organizers said on Tuesday.
French carmaker PSA has enough supplies to keep European plants running
French carmaker PSA has managed for ensure that its European facilities have enough supplies to keep running for now during the coronavirus outbreak, chief executive officer...
BMW says coronavirus hit China sales but sticks to 2020 global target
BMW on Tuesday said its China sales have taken a hit this year because of the new coronavirus, but stuck to its target for growing passenger...
Virus to dent Foxconn's consumer electronics revenue in first-quarter
Apple supplier Foxconn warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter...