Uber cuts losses from Eats business in India with sale to Zomato
Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's...
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.
Oil declines as market surplus forecast counters Libya worries
Oil prices eased on Wednesday, extending declines as the International Energy Agency (IEA) forecast a market surplus in the first half, helping ease concerns about disruptions...
Manager and machine: The new leadership equation
McKinsey Company By Martin Dewhurst and Paul Willmott Sep 2014 As artificial intelligence takes hold, what will it take to be an effective executive? What would...
Uber tests feature allowing some California drivers to set fares: WSJ
Uber Technologies Inc is testing a feature that allows some drivers in California to set their fares, the Wall Street Journal reported https://www.wsj.com/articles/uber-is-testing-a-feature-that-lets-some-california-drivers-set-fares-11579600801 on Tuesday, citing...
Huawei CFO's legal team to contest U.S. extradition in day 2 of Canada hearing
Huawei Chief Financial Officer Meng Wanzhou is set to return to a Vancouver court on Tuesday, where her lawyers will build on their arguments against the...
Apple lawsuit tests if an employee can plan rival startup while on payroll
Attorneys for a former Apple Inc executive on Tuesday will try to convince a skeptical judge of a core tenet of tech startup culture - that...
Oil market shrugs off Libya crisis
Oil prices fell more than 1% on Tuesday on expectations that a well-supplied market would be able to absorb disruptions that have cut Libya's crude production...
EU decision on LSE-Refinitiv deal expected in a few months: LSE director
European competition authorities are expected to rule on the London Stock Exchange's $27 billion takeover of data and analytics company Refinitiv "around the summer", an LSE...
JP Morgan announces new division to fund at least $100 billion in emerging market projects
There is a $2.5 trillion shortfall in investment to achieve the goals set by the United Nations to address climate change, health, education and food security...
Airbus adds new A321 production capabilities in France to meet strong demand
European planemaker Airbus said on Tuesday that it had decided to create new A321 production capacity at its French site in Toulouse, in order to cope...
KFC apologizes for 'sexist' Australian ad: report
KFC apologized for an advertisement in Australia that shows two young boys staring at a woman's breasts, after calls from a local campaign group to boycott...
BP appoints new finance chief as Looney prepares to take over
BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of...
Asia shares pause near high ground, oil jumps on Libya shutdown
Asian shares held near a 20-month top on Monday even as investors took some money off the table following a strong run recently, while oil jumped...
Asia shares feel a chill as China virus risks mount
Asian shares took a sudden turn for the worse on Tuesday as mounting concerns about a new strain of coronavirus in China sent a ripple of...
Huawei CFO Meng's lawyer says 'double criminality' at center of U.S. extradition case
A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that "double criminality" was at the center of a trial to decide whether Meng...