Bank of America beats analysts' profit estimate on rebound in bond-trading revenue
The bank posted fourth-quarter profit of 74 cents a share, an unexpected 6% increase, helped by a reduction in outstanding shares.
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 drops on doubts over demand boost from U.S.-China trade deal
Oil prices slipped on Wednesday on concerns that the Phase 1 trade deal between the United States and China, the world's biggest oil users, may not...
Macron hopes China-U.S. trade deal will not bring new U.S.-EU tensions
French President Emmanuel Macron said on Wednesday that he hoped a new agreement between China and the United States on trade will not lead to new...
Amazon orders electric vans from Deutsche Post's StreetScooter
Amazon.com has ordered 40 electric vans from Deutsche Post's StreetScooter unit for deliveries in the German city of Munich as part of the plan to be...
UnitedHealth quarterly profit beats expectations driven by Optum strength
UnitedHealth Group Inc reported a better-than-expected quarterly profit on Wednesday, as the largest U.S. health insurer benefited from higher revenue from its Optum unit, which includes...
BofA gives Saudi Aramco 'neutral' rating, 36 riyal price target
BofA Global Research started its coverage of Saudi Arabia's state oil giant Saudi Aramco with a 'neutral' rating on Wednesday, setting a price target of 36...
U.S. judge hears closing arguments in T-Mobile-Sprint merger trial
U.S. wireless carriers T-Mobile US Inc and Sprint Corp are expected to urge a federal judge on Wednesday to let them proceed with their $26.5 billion...
Record high stocks pause to gauge China-U.S. trade outlook, company earnings
World stocks eased off record highs on Wednesday and U.S. and German bond yields slipped, as euphoria over a U.S.-China trade deal was tempered by U.S....
U.S. states tell court prices to rise if Sprint, T-Mobile allowed to merge
A group of U.S. states suing to block T-Mobile US Inc from merging with Sprint Corp on Wednesday told a federal judge that the deal would...
BlackRock posts 40% jump in quarterly profit
BlackRock Inc , the world's largest asset manager, reported a 40.3% rise in fourth-quarter profit on Wednesday, as more money rolled into its low-risk exchange-traded funds...
JPMorgan first major brokerage to rate Saudi Aramco 'overweight'
JPMorgan is the first major brokerage to initiate coverage of Saudi Aramco with an "overweight", setting a price target of 37 riyals ($9.86) per share and...
What is artisanal gold and why is it booming?
A rapid rise in the price of gold since 2000 has driven millions of people to deposits in Africa, South America and elsewhere where they dig...
Race to refine: the bid to clean up Africa’s gold rush
In a refinery just outside Uganda's main airport, workers slip bars of freshly refined gold into clear plastic bags sealed with a sticker of the national...
Factbox: Abu Dhabi's ADNOC attracts billions from foreign investors
Over the past three years, Abu Dhabi National Oil Company (ADNOC) has expanded its oil and gas business and quietly raised more than $19 billion in...
As Aramco hails record IPO, Abu Dhabi's ADNOC whips up $19 billion
The talk's all been about Saudi Aramco, and the suspense of its historic drive to whip up international cash. But, more quietly, its Gulf oil peer...