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...
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 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,...
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...
Boeing shares plunge as 737 MAX may not get approved to return until mid-year: source
Boeing Co shares plunged on Tuesday after the planemaker told airlines and suppliers it now forecasts it does not expect to win approval from regulators for...
Huawei CFO arrives in Vancouver court to contest U.S. extradition request
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers are expected to build on their arguments against the U.S....
Goldman CEO says process on canceled WeWork IPO 'worked'
Goldman Sachs Chief Executive David Solomon called WeWork's abandoned initial public offering (IPO) a great example of the listing process working on Tuesday, even if was...
Oil market shrugs off Libya crisis amid ample global supply
Oil prices fell on Tuesday on expectations that a well-supplied global market, including supplies from growing record U.S. production, would be able to absorb disruptions that...
China virus sends shiver through markets as risks mount
Global shares took a beating on Tuesday, wiping out all gains made at the start of the week as mounting concerns about a new strain of...