U.S. interest lifts shares in Huawei rivals Ericsson, Nokia
Shares in Ericsson and Nokia rose sharply on Friday, a day after a U.S. official suggested the United States should consider buying stakes in the telecom...
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.
Global stocks stumble toward best week since June
Nagging coronavirus worries took a swipe at world markets on Friday, though that wasn’t going to stand in the way of the best week for stocks...
Honda raises full-year operating profit forecast on weaker yen
Honda Motor Co raised its forecast for full-year operating profit by 6% as a weaker yen increased the value of overseas sales.
Thiam quits as Credit Suisse CEO after spying scandal split
Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle with Chairman Urs Rohner at Switzerland's second-biggest bank over a damaging spying scandal.
BP's downstream boss Erginbilgic to leave next month
BP's head of downstream Tufan Erginbilgic will step down next month after six years in the job, the energy company said in a statement, becoming the...
Carmakers close Chinese factories because of coronavirus
Automakers and parts suppliers have shut factories in China, in line with government guidelines, or have flagged a hit to profits following the coronavirus outbreak.
Japan telecom SoftBank Corp CEO sees Elliott investment as 'positive'
Japanese telecom SoftBank Corp's CEO Ken Miyauchi on Friday welcomed hedge fund Elliott Management's investment in parent SoftBank Group Corp saying the activist investor's assessment of...
Lifeblood of Amazon merchants threatened as coronavirus infects Chinese workers
Amazon.com Inc sellers are bracing for product shortages as Chinese workers - worried about the fast-spreading coronavirus - may be unable or unwilling to return to...
Hyundai Motor, Kia Motors to keep Chinese factories idled until February 16
Hyundai Motor and affiliate Kia Motors plan to restart production at their Chinese factories on Feb. 17, a spokesperson said on Friday.
Majority of U.S. firms in China see revenue hit from coronavirus: AmCham survey
The majority of U.S. firms with operations in China expect a virus outbreak to cut revenue this year, and some are accelerating plans to shift their...
Toyota keeps China plant output stopped through February 16 as virus hits supply, logistics
Toyota Motor Corp on Friday said production at all of its China plants would remain suspended through Feb. 16, joining a growing number of automakers facing...
Hargreaves top investor sells shares at discount; stock drops
Hargreaves Lansdown co-founder and biggest shareholder Peter Hargreaves has sold 34.4 million shares in the investment platform, at more than a 6% discount to the stock's...
U.S. interest positive for Ericsson, says top owner Cevian
U.S. interest in buying a stake in Ericsson would be positive for the company, but any deal would have to be at a far higher price...
From black swan to bubble: as virus concerns fade, investors worry about a melt-up
When worries over the coronavirus shook U.S. stocks out of a period of quiet trading last week, investors wondered if the outbreak was the “Black Swan”...
Japanese telco SoftBank posts 15% rise in third-quarter profit, hikes full-year forecast
Japanese telco SoftBank Corp on Friday reported a 15% rise in third-quarter operating profit, beating estimates, underpinned by its mobile business.