China stimulus hints, slowing spread of virus lift stocks
A decline in the number of new coronavirus cases in China and mounting expectations for more policy stimulus boosted global stock markets on Wednesday, helping ease...
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.
Qatar Airways ups holding in BA-owner IAG to 25.1% with new $600 million stake
Qatar Airways has bought a $600 million stake in British Airways-owner IAG to increase its holding to 25.1%, advancing its strategy of building a global portfolio...
Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns - EU paper
Vodafone and Telekom Italia have offered to allow rivals access to sites in some cities for up to nine years, a proposal aimed at allaying EU...
SoftBank to borrow $4.5 billion pledging domestic telco's shares
SoftBank Group Corp said on Wednesday it plans to borrow up to 500 billion yen ($4.5 billion) from 16 domestic and foreign financial institutions using almost...
Exclusive: Unilever, 3M on list of firms eligible for China loans to ease coronavirus crisis - sources
Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co , as eligible for millions of dollars in subsidized...
Adidas' China business activity falls 85% due to coronavirus
German sportswear maker Adidas said on Wednesday that business in the Greater China area had dropped by about 85% year-on-year as the coronavirus outbreak has resulted...
Oil rises amid hope for short economic hit from coronavirus outbreak
Oil prices rose on Wednesday, with Brent gaining a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day in China...
Their market shut, traders in China's Silicon Valley do business from bags
While coronavirus fears curtail much of China's bustle, traders are getting back to business at the world's largest electronics market, buying and selling from bags and...
Exclusive: India antitrust investigators see no evidence of collusion by IndiGo, SpiceJet and others - sources
Investigators with India's antitrust watchdog have found no evidence that the country's biggest airline, IndiGo , and four rival carriers colluded to fix ticket prices, three...
Metro Bank names interim boss Dan Frumkin CEO
Metro Bank's interim chief executive officer, Dan Frumkin, will take over the CEO role on a permanent basis, the British lender said on Wednesday.
Qatar increases its stake in BA-owner IAG to 25.1%
Qatar Airways Group said on Wednesday it had increased its holding in British Airways-owner IAG to 25.1%, buying another stake worth $600 million as part of...
Deutsche Telekom sees slower core earnings growth this year
Deutsche Telekom forecast that growth in its core earnings would slow to 3% this year after a strong fourth quarter, as it looks finally to complete...
Samsung poised to benefit from China virus woes afflicting Apple, other rivals
Samsung Electronics stands to be a major beneficiary of the China production problems announced by rival Apple Inc on Monday, reaping the rewards of a decade-long...
Oil gains as optimism grows economic impact of coronavirus outbreak may be brief
Oil prices gained 1% on Wednesday, with Brent rising a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day in...
Uber closing office in downtown Los Angeles
Uber Technologies Inc is closing its office in downtown Los Angeles, where the ride-hailing company employs customer support staff, to focus on its bigger locations.