Exclusive: BP's Looney goes all-in on climate goals and explores overhaul
Change is afoot at BP. Incoming Chief Executive Bernard Looney plans to expand the company's climate targets and is considering overhauling the structure of the oil...
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.
Facebook spurred central banks to study digital currencies: former Japan central banker
The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own...
Sainsbury's CEO Coupe to be replaced by retail director Roberts
Mike Coupe will step down as CEO of Sainsbury's at the end of May after six years at the helm, with Britain's second largest supermarket group...
BlackRock, partners eye initial $500 million for climate fund
A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets.
Ghosn's right-hand man stands high chance of acquittal in Japan: ex-prosecutor
A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co stands a very high chance of being...
'Death Cross,' growth abroad threaten U.S. dollar
Storm clouds are gathering over the U.S. dollar, threatening a two-year rally in the currency that has squeezed corporate profits and angered President Donald Trump.
Asian stocks bounce as investors welcome China virus response
Asian stock markets recovered ground on Wednesday as China's response to a virus outbreak tempered some fears of a global pandemic, although Shanghai shares initially slipped...
ValueAct CEO Jeff Ubben to step down: Financial Times
ValueAct Capital Partners LP's founder Jeff Ubben is stepping down as chief executive officer and will be replaced by the activist hedge fund's president, Mason Morfit,...
Boeing CEO says he expects to resume 737 MAX production before mid-year
Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 max production "months" before its forecasted mid-year return to service.
BlackRock built 5% stake in ex-Toshiba unit at center of takeover battle: filing
BlackRock Inc has built a 5.12% stake in Toshiba Machine , a former Toshiba Corp subsidiary that has been targeted by Japan's most prominent activist investor,...
Cathay says cabin crew can wear masks on mainland China flights due to virus
Hong Kong's Cathay Pacific Airways Ltd will allow cabin crew to wear a surgical mask while operating mainland China flights due to concerns over a new...
Hyundai fourth-quarter profit beats view on brisk SUV sales, shares jump 5%
South Korea's Hyundai Motor Co reported a better than expected quarterly operating profit, helped by brisk sales of sport-utility vehicles such as its Tucson and Palisade...
Avolon CEO sees new Boeing MAX timeline as 'worst case scenario'
The head of aircraft lessor Avolon, which has committed to a fleet of 148 Boeing 737 MAX jets, said he believed the planemaker's new June to...
North American oil company bankruptcies jump in 2019: report
The number of oil company bankruptcies rose 50% in 2019 over the previous year, as a slide in prices continued to shake producers in the United...
Abbott hits all-time high on quarterly revenue beat
Abbott Laboratories Inc's shares rose to an all-time high on Wednesday after the device maker beat Wall Street estimates for quarterly sales on higher demand for...