Coronavirus to hit oil demand by around 0.5% in 2020: BP CFO
The global economic slowdown in the wake of China's coronavirus outbreak is set to reduce global oil demand in 2020 by up to 0.5%, BP's Chief...
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 Gamesa relies on Chinese factories reopening despite coronavirus: CEO
Wind turbine maker Siemens Gamesa sees no major disruption to its supply chain as long as factories in China reopen quickly following the recent outbreak of...
Wizz Air's top shareholder cuts stake to comply with ownership rules
Wizz Air's largest shareholder, U.S.-based private equity firm Indigo Partners, carried out a long-time plan to cut its stake in the company as the Budapest-based low-cost...
Electric future: Britain to ban new petrol and hybrid cars from 2035
Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution...
China's airlines told not to axe global flights as thousands cut
China's civil aviation authority has urged domestic carriers to continue flying international routes as they consider cuts in response to a drop in demand due to...
Cathay Pacific to cut 30% of capacity due to coronavirus
Hong Kong's Cathay Pacific Airways Ltd plans to cut around 30% of its capacity over the next two months, including around 90% of its flights to...
Glencore's 2019 cobalt up, copper down; share price rises
Glencore said its 2019 copper output fell 6% and battery mineral cobalt rose 10% as it boosted production at its Katanga mine in the Democratic Republic...
Hong Kong to ease reporting rules for companies' results due to virus
Hong Kong's markets regulator and stock exchange will relax rules on how companies must publish their annual results in response to challenges caused by the newly...
China to push medical factories to resume, expand production
The Chinese government will push medical products factories to resume or expand production, state television said on Tuesday after a meeting chaired by Premier Li Keqiang...
Exclusive: India may issue $5 billion of bonds next year with no foreign investment cap, sources say
India is likely to issue at least $5 billion worth of bonds with no limits on foreign investment next year, in a bid to list the...
Cathay Pacific to cut global capacity by 30% amid coronavirus epidemic
Hong Kong's Cathay Pacific Airways Ltd plans to cut 30% of its global capacity over the short-term, including 90% of capacity to mainland China as it...
Ferrari core profit misses estimates in fourth-quarter, lifts 2020 guidance
Ferrari said on Tuesday its fourth-quarter core profit rose 22% to meet the Italian luxury carmaker's upgraded forecasts for last year.
ING ordered to pay 30 million euros to settle Italy money-laundering probe: source
A Milan court ordered Dutch lender ING to pay 30 million euros ($33.17 million) to settle a money-laundering case in Italy, a judicial source said on...
Latest fintechs focus on saving
Investment Executive Donalee Moulton Jan 31, 2020 Advisors beware: These innovations will soon be making their mark in Canada As 2019 drew to a close, a...
Tesla is jumping yet again, soaring 13% in early trading following a 19% surge on Monday
The surge on Tuesday comes after Tesla on Monday climbed nearly 20%, its biggest one-day gain in six years.