Nokia appoints Fortum CEO Lundmark to replace Suri from September
Nokia Chief Executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, who used to work for the Finnish company and is...
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 rebounds over 4% as hopes of OPEC cut, stimulus counter virus gloom
Oil prices jumped more than 4%, up from multi-year lows hit earlier on Monday, as hopes of a deeper cut in output by OPEC and stimulus...
Lufthansa calls off flights to China until April 24 and Tehran until April 30
Lufthansa said on Monday that it was suspending flights to China until April 24 and to Tehran until April 30 due to the coronavirus outbreak.
Think-tank report on Uighur labor in China lists global brands
Tens of thousands of ethnic Uighurs were moved to work in conditions suggestive of "forced labour" in factories across China supplying 83 global brands, and Australian...
South Korea's Jeju Air buys Eastar Jet at lower price amid virus outbreak
South Korean budget carrier Jeju Air Co Ltd said on Monday it would acquire a 51% stake in competitor Eastar Jet for 54.5 billion won ($45.49...
Coronavirus deals shattering blow to Asian factories
Asia's factories took a beating in February from the coronavirus outbreak with activity in China shrinking at a record pace, surveys showed on Monday, raising the...
Samsung starts building $220 million R&D center in Vietnam
Samsung Electronics has started building a $220 million research and development center in Vietnam, the South Korean tech giant's local unit said on Monday.
Nokia appoints Fortum CEO Lundmark to replace Suri from September 1
Nokia Chief Executive Rajeev Suri will step down in September and is to be replaced by Pekka Lundmark, until now the CEO of energy group Fortum,...
Swiss National Bank to double payout after posting $50 billion profit
The Swiss National Bank posted an annual profit of 48.9 billion Swiss francs ($50.71 billion), the central bank said on Monday, and said it would double...
Nike temporarily closes European headquarters due to coronavirus case
Nike's European headquarters in the Netherlands will be closed on Monday and Tuesday after an employee was infected with the coronavirus.
Coronavirus expected to hurt U.S. earnings harder and longer
The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict.
Asian shares rebound as markets bet on coordinated policy stimulus
Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely...
Hyundai Motor's February sales down 13% amid coronavirus outbreak
South Korea's Hyundai Motor said on Monday its sales fell 13% on-year to 275,044 vehicles globally in February amid a coronavirus outbreak that disrupted supply of...
Here's how to maximize traditional and Roth retirement savings
Tax treatment varies among types of retirement accounts, which means the investments you hold in each of them should ideally capitalize on those differences, experts say.
Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom
Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and...