Qatar Airways in talks to buy 49% RwandAir stake, interested in increasing LATAM investment
Qatar Airways is in talks to buy a 49% stake in Africa's RwandAir, and is interested in doubling its holding in LATAM Airlines Group to 20%,...
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.
Siemens hit by industrial slowdown and energy problems
German engineering company Siemens , hit by a global slowdown in power and gas and among industrial customers, said on Wednesday it missed forecasts for first-quarter...
Trump touts stock market's record run, but who benefits?
Donald Trump loves to trumpet the hot U.S. stock market as a key achievement of his presidency, and he was in full self-congratulatory mode on that...
China's Zhejiang to prioritize restarts at key exporters, manufacturers after virus lockdown
China's eastern province of Zhejiang, the second worst-hit by the coronavirus epidemic, will push major exporters, listed companies and key manufacturers to be the first to...
Foxconn sees full China production resuming late-February: source
Taiwan's Foxconn aims to gradually restart operations at factories in China next week but it could take one to two weeks from then to resume full...
Airbus halts output at Tianjin assembly plant due to coronavirus
Airbus has closed its final assembly plant in Tianjin, China, as a result of the coronavirus emergency, the planemaker said on Wednesday, adding it was monitoring...
Stimulus hopes, virus containment steps lift world stocks
Expectations of more central bank stimulus lifted world stocks to their highest in more than a week on Wednesday, helping investors look past a mounting coronavirus...
Imperial Brands' profit growth evaporates after U.S. vaping crackdown
Tobacco group Imperial Brands said it would not see any profit growth this year after tighter regulation in the United States, the world's biggest vaping market,...
Qatar Airways CEO says interested in increasing stake in LATAM to 20%
Qatar Airways is interested in increasing its stake in Chile's LATAM Airlines to 20%, its chief executive said on Wednesday.
Oil jumps 3% on reports of effective coronavirus drug
Oil prices jumped by more than 3% on Wednesday after reports that scientists have found an effective drug against China's fast-spreading coronavirus, which has hit the...
Vodafone to remove Huawei from core of European network
Vodafone will remove Huawei technology from the core of its European networks following Britain's decision to restrict the Chinese company's role in 5G and new EU...
British engineer Babcock's Archie Bethel to retire as CEO
Babcock International said on Wednesday Archie Bethel would be retiring as the British engineering firm's chief executive officer after being in the role for more than...
Wilted flowers, empty cafes: China's small businesses bear coronavirus costs
What is worrying Rao Yong more than the daily news updates of a virus outbreak gripping China is that he may soon have to shut his...
Imperial Brands sees regulatory uncertainty to hit earnings
Tobacco group Imperial Brands on Wednesday forecast a 10% drop in its first-half profit and cautioned on full-year earnings because of a U.S. regulatory ban on...
Qatar Airways in talks for a 49% stake in RwandAir: CEO
Qatar Airways is in talks to acquire a 49% stake in RwandAir, its chief executive said on Wednesday.