Denmark's Maersk to lay off staff as part of cost cuts
Danish shipping group Maersk said on Thursday it would lay off staff at its main offices in Denmark and in other countries.
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.
Amazon does not infringe Coty's trade mark rights, says EU court adviser
Amazon does not breach trade mark rights when it stocks and transports goods for third-party sellers, an adviser to Europe's top court said on Thursday, siding...
China's factory activity seen contracting for seventh month on trade pressure: Reuters poll
China's factory activity is expected to have contracted for the seventh straight month in November amid sluggish domestic demand a Reuters poll showed, despite some optimism...
EU court adviser says Amazon does not infringe trade mark rights in Coty case
Amazon is not breaching trade mark rights by stocking and shipping goods for third-party sellers, an adviser to Europe's top court said on Thursday, siding with...
World stocks stall as U.S.-China tensions flare again
A four-day rally that had lifted world stocks to near-record highs stalled on Thursday as a U.S. bill backing Hong Kong's protesters became law, provoking China's...
Oil falls as U.S. rights bill fuels tensions with China
Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and President Donald Trump signed into law...
Nissan to roll out high-tech production system amid pressure to cut costs
Nissan Motor Co. is introducing a new, higher-tech production system globally to try to boost efficiency as it looks to reverse a slide in profitability.
Labour talks with Lufthansa end without results: cabin crew union
Cabin crew union UFO on Thursday said that wage talks it held with Lufthansa ended without results, adding that it would now prepare for industrial action...
Panasonic to sell its chip unit to Taiwan's Nuvoton for $250 million
Panasonic Corp said it would sell its loss-making semiconductor unit to Taiwan's Nuvoton Technology Corp for $250 million as the Japanese electronics giant struggles to lift...
Oil falls for a second day amid rising U.S. inventories, output
Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record.
Factbox: India's telecom sector on the ropes after $13 billion levy ruling
India's telecoms sector has been rocked by a Supreme Court ruling last month that sided with the government in a dispute over how levies are calculated,...
After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid
The Indian government's win of a long-contested dispute over telecom fees could end up a Pyrrhic victory, as the billions of dollars in levies now owed...
Drugmakers slash prices in China to get on reimbursement list
Drugmakers including Roche and Novartis' have agreed to cut the prices of some of their newest drugs by an average of 61% in China in order...
China's major shareholders sell A-shares, pressuring markets
Business owners and major shareholders are selling down their stakes in listed companies, producing a glut of shares in a market already under pressure from a...
People in these 10 cities are paying the most to get to work
There's a very real cost to fighting traffic on your way to the office. Residents in our nation's capital are paying $12,015 on average each year...