Alibaba praises Hong Kong ahead of $13.4 billion listing
Alibaba Group Chairman Daniel Zhang said Hong Kong's "future is bright" as the company presses on with its secondary listing in the city gripped by increasingly...
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.
U.S. 'getting close' to trade deal with China: White house economic adviser
The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on Thursday, citing what he called very...
Visa discloses FTC probe on debit transactions
Visa Inc on Thursday said the Federal Trade Commision (FTC) has initiated an inquiry into whether the payments processor's actions prohibited merchants from using other debit...
European pilot group demands action over Ryanair sick leave policy
The European Cockpit Association (ECA) pilot group has urged regulators to take action over what it described as a "safety hazard" caused by Ryanair's approach to...
Fed's Kaplan says strong consumer will help the U.S. economy avoid recession in 2020
Dallas Federal Reserve Bank President Robert Kaplan said he does not expect the U.S. economy to enter a recession next year, and he was optimistic that...
Stocks, yields fall as China slowdown deepens
World stocks edged lower and debt yields fell on Thursday as Chinese economic data slowed in October and Germany narrowly avoided a recession in the third...
City and union officials to consult on Philadelphia refinery sale process: U.S. court
A U.S. bankruptcy judge on Thursday approved a process for the sale of the Philadelphia Energy Solutions oil refinery, the largest and oldest on East Coast,...
PayPal halts payment support to PornHub models
PayPal Holdings Inc said on Thursday it had stopped payment support to PornHub's models after it found the adult entertainment website made certain payments without the...
Ford uses Mustang name, hoping new electric SUV will zap Tesla
Ford Motor Co will tag its new electric sport utility vehicle (SUV) with the Mustang name, the automaker said on Thursday, seeking to entice customers into...
Huawei, ZTE 'cannot be trusted' and pose security threat: U.S. attorney general
U.S. Attorney General William Barr said on Thursday that Huawei Technologies Co and ZTE Corp "cannot be trusted" and labeled them a security threat as he...
Oil mixed amid U.S. crude stock build, OPEC surplus forecast
Oil prices were mixed on Thursday as U.S. crude futures were pressured by a build in domestic inventories and record production, while forecasts from the Organization...
Wall Street slips after Cisco's gloomy outlook
Wall Street's main indexes slipped from near record levels on Thursday, as a dour forecast from tech stalwart Cisco Systems raised fresh questions about the global...
Fed's Bullard: 'More normal' yield curve bullish sign for 2020
The way U.S. bond markets responded to recent Federal Reserve interest rate cuts could be "bullish" for the economy, St. Louis Federal Reserve President James Bullard...
ProSieben says merger with Mediaset wouldn't work
German broadcaster ProSiebenSat.1 is more interested in collaborating in digital growth areas than in a full-blown merger, Chief Executive Max Conze said on Thursday after Italy's...
Fed not focused on daily ups, downs of trade deal: Williams
The U.S. Federal Reserve will not make policy based on day to day developments in U.S.-China trade policy or on Britain's exit from the European Union,...