Oil slides as IEA surplus forecast overshadows Libya disruption
Oil prices fell on Wednesday as an International Energy Agency (IEA) forecast of a market surplus in the first half of 2020 outweighed concerns about disruptions...
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.
Sainsbury's turns to retail boss as CEO checks out
Sainsbury's has picked retail boss Simon Roberts to succeed CEO Mike Coupe, the architect of the British retailer's failed bid for rival Asda who will step...
Stocks shake off China virus worries, dollar gains
World stock markets looked to be getting back to full strength on Wednesday, as updates from China about the spread of a new flu-like coronavirus raised...
Jaguar Land Rover to cut over 10% of workforce at UK Halewood factory: union
British carmaker Jaguar Land Rover (JLR) will cut over 10% of the workforce at its northern English Halewood factory due to slower than expected growth of...
Trump says Fed raising rates was a mistake: CNBC
The United States' economy would be growing at a pace near 4% if wasn't for the lingering effect of Federal Reserve rate hikes, President Donald Trump...
Airbus flies to record highs, TUI falls after latest Boeing blow
Airbus' shares rose to record highs on Wednesday, after its U.S. arch rival Boeing warned of new issues with the Boeing 737 MAX plane, while customers...
Major 737 MAX buyer Air Lease remains confident in demand for jet
Aircraft lessor Air Lease Corp , which has ordered 150 of Boeing's grounded 737 MAX, remains confident in the jet's long-term value, Chief Financial Officer Greg...
Trump says middle class tax cut to be announced over next 90 days: Fox Business
U.S. President Donald Trump said on Wednesday a tax cut for the middle class would be announced over the next 90 days.
Activist investor calls on Toshiba Machine to put defense plans before shareholders
Japan's most prominent activist investor on Wednesday demanded Toshiba Machine Co hold an extraordinary shareholders meeting to discuss its plans to introduce defense measures against a...
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,...
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...