Exclusive: Thyssenkrupp-Kone elevator merger would trigger legal war - Schindler
Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with rival Kone...
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.
Here's a way to beat the tax burden for IRA heirs
The Secure Act of 2019 eliminated many of the advantages the so-called stretch IRA offered heirs inheriting an individual retirement account, but a Roth IRA conversion...
Kering frustrated with slow progress in cosmetics development
Gucci-owner Kering's chairman Francois-Henri Pinault said on Wednesday the company was frustrated with the slow pace of progress in cosmetics development with license holder Coty .
Can a 'numbers guy' with insurance DNA finally fix AIG?
Peter Zaffino sat at 2 World Trade Center poring over financial reports on the morning of Sept. 11, 2001, when the first plane struck a neighboring...
Futures higher on drop in new coronavirus cases
U.S. stock index futures rose on Wednesday after a drop in the number of new cases of coronavirus infections in China raised hopes that the economic...
Shopify forecasts full-year revenue above estimates, shares rise
Canadian e-commerce company Shopify Inc on Wednesday posted better-than-expected quarterly earnings, helped by higher holiday sales, and forecast full-year revenue above Wall Street estimates, sending its...
SoftBank profit wiped out by Vision Fund losses, second fund scaled back
Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second straight quarter by losses at its...
Souring energy loans wipe out ABN Amro's profit growth
Souring energy loans eroded ABN Amro's fourth quarter profit growth, it said on Wednesday, prompting the Dutch bank to launch another review of its trade and...
Oil rises 2% as fall in new China coronavirus cases eases fuel demand concerns
Oil prices extended gains on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand...
Tesla recalls 15,000 Model X SUVs for power steering issue in North America
Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make...
Gucci owner Kering halts spending in China on virus fears
Gucci-owner Kering has closed half of its stores in China and shelved new openings and advertising campaigns there as the coronavirus epidemic throws luxury brands into...
Coronavirus brings jet refinancing boost: Avolon CEO
Major aircraft lessor Avolon and its peers stand to benefit from the coronavirus outbreak as airlines shore up cash by refinancing their planes, the Dublin-based firm...
Investors charge back into stocks on signs coronavirus spread is slowing
A drop in the number of new coronavirus cases and the Federal Reserve chairman's optimistic view of the economy lifted world stocks for a third day...
Exclusive: Thyssenkrupp-Kone merger would trigger litigation war - Schindler
Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with rival Kone...
JPMorgan appoints new heads of Australia and NZ investment banking
JPMorgan Chase & Co appointed Jabe Jerram and Simon Ranson as co-heads of investment banking (IB) for Australia and New Zealand, according to an internal memo...