HSBC launches Treasury APIs for business clients
Bank Innovation Rick Morgan Jan 22, 2020 HSBC is improving payments for its business clients through a suite of tools launched last week called Treasury APIs,...
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 prices fall 1% as market weighs coronavirus impact on demand
Oil prices fell by more than 1% on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in...
HSBC to slash investment bank, 35,000 jobs in strategy overhaul
HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a...
Exclusive: Tesla in talks to use CATL's cobalt-free batteries in China-made cars - sources
Tesla is in advanced stages of talks to use batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle...
China to grant tariff exemptions on 696 U.S. goods to support purchases
China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to...
BTG Pactual founder Esteves returns to center stage amid speculation on role
Banco BTG Pactual SA founder Andre Esteves will be the marquee speaker at a wide-ranging event on Tuesday sponsored by the Brazilian investment bank, marking a...
Hong Kong protests hurt Holiday Inn-owner IHG, sees pain from virus outbreak
Holiday Inn-owner InterContinental Hotels Group reported on Tuesday a slight dip in annual room revenue, hurt by a fall in bookings in Hong Kong due to...
French finance minister warns Renault against job cuts, factory closures
French Finance Minister Bruno Le Maire warned Renault on Tuesday against shutting factories in France and cutting jobs there after the carmaker announced "no taboos" cost...
Shades of Detroit? Germany's auto heartlands in peril as 'golden age' fades
When Kristin and Thomas Schmitt took out a mortgage and bought a house last summer, the German couple's dream looked as if it was coming true....
European new car sales down 7.4% in January: ACEA
European car sales fell in January, hit by a sluggish global economy, higher car taxes in some EU countries and uncertainty over Britain's departure from the...
SoftBank spends $2.5 billion to get second Vision Fund off the ground: sources
SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the matter said, hoping to restore its...
Holiday Inn-owner IHG takes hit from Hong Kong protests
Holiday Inn-owner InterContinental Hotels Group reported a slight dip in revenue per room in 2019, hurt by a fall in bookings in Hong Kong due to...
China to grant tariff exemptions on additional U.S. goods
China said on Tuesday it would accept applications for new tariff exemptions for 696 products imported from the United States including key agricultural and energy products...
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...
Recession risk forces BOJ to row back on inflation goal
The widening economic fallout from the coronavirus outbreak and soft consumption are forcing the Bank of Japan to message more strongly that it is no longer...