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...
U.S. stocks to keep climbing in 2020 but growth well below this year's: Reuters poll
U.S. stocks will keep rising in 2020 but at a much more modest pace than this year, with plenty to potentially slow the ascent, according to...
WeWork's ill-fated IPO shows market discipline: Oaktree's Marks
WeWork's failure to go public and this year's disappointing tech IPOs in the United States are a positive sign of market discipline and investor vigilance, Oaktree...
Plentiful supplies to hamper molybdenum's price rally
Bargain hunters have helped molybdenum recover after prices crashed to two-year lows, but ample supplies of the metal used to make stainless steel mean further significant...
Commerzbank managers keeping staff in dark on overhaul, union says
Commerzbank managers are keeping employees in the dark about the German lender's overhaul plans, a union representative said on Wednesday.
Factbox: Ownership of leading European soccer clubs
The Abu Dhabi-controlled soccer group that owns Manchester City has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it...
Global stocks nearing record highs on trade hopes
World shares made another push for a record high on Wednesday after U.S. President Donald Trump said Washington and Beijing were in the final throes of...
Factbox: From Madison Square Garden to Alibaba, Silver Lake's $43 billion empire
U.S. private equity firm Silver Lake has bought a 10% stake in Manchester City's Abu Dhabi-controlled owner, adding to its $43 billion worth of investments which...
Deutsche Bank sells $50 billion in assets to Goldman Sachs amid overhaul: source
Deutsche Bank has sold $50 billion (45 billion euros) in unwanted assets to Goldman Sachs as part of its restructuring, a person with knowledge of the...
Deere's earnings fall on trade tensions, poor weather
Deere & Co. on Wednesday reported lower fourth-quarter earnings, hurt by trade tensions as well as poor weather in the U.S. farm belt that have slowed...
Gulf state investors step in to help Aramco hit IPO target: sources
Saudi Arabia's wealthy Gulf neighbors plan to invest in the initial public offering (IPO) of Saudi Aramco, sources familiar with the matter said, helping out Riyadh...
BMW management and labor reach agreement to cut costs
BMW management and labor have reached an agreement on measures to reduce costs that avoids "drastic measures", the German carmaker said on Wednesday.
Pfizer, Novartis lead pharma spending spree on gene therapy production
Eleven drugmakers led by Pfizer and Novartis have set aside a combined $2 billion to invest in gene therapy manufacturing since 2018, according to a Reuters...
Stock futures tick higher on trade deal hopes; focus on data ahead of Thanksgiving
U.S. stock index futures were slightly higher on Wednesday, as optimism around trade talks continued, while investors waited for crucial domestic economic indicators in a holiday-shortened...