Swedbank CEO vows to 'get to the bottom' of sanctions breach allegation
Swedbank CEO Jens Henriksson pledged to "get to the bottom" of an alleged transfer of funds from a Russian arms company which Swedish broadcaster SVT on...
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.
Lowe's raises profit forecast, shares gain
Lowe's Cos Inc raised its full-year earnings forecast on Wednesday, as the home improvement chain's increased assortment of industrial products like drills and power saws attracted...
Alibaba raises up to $12.9 billion in landmark Hong Kong listing
Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine...
Flare-up of Sino-U.S. tensions over Hong Kong knocks world shares off 22-month high
World stocks were knocked off 22-month highs on Wednesday as a renewed flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a...
Unions up ante at South African Airways as finances approach crunch
Unions are escalating a crippling strike at South African Airways (SAA) after talks broke down, leaving the state-run carrier at risk of liquidation without a government...
Crunch talks lead to Emirates order for 30 Boeing Dreamliners
Emirates unveiled an $8.8 billion order for 30 Boeing 787-9 Dreamliners after intense last-minute talks at the Dubai Airshow on Wednesday, paving the way for a...
Swedbank pledges prompt release of money laundering probe
Swedbank pledged on Wednesday to conclude an internal probe into alleged money laundering at the Swedish lender by early next year, and said it was unaware...
Cramer: Walmart and Target CEOs 'made me feel terrific' about US consumers despite trade tariffs
Optimism from the two of the nation's biggest retailers show that American consumers are not tightening their belts due to trade tariffs, says CNBC's Jim Cramer.
PayPal to buy rewards platform Honey Science for $4 billion
Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.
Charity to pay $4 million to resolve U.S. pharma kickback probe
A Florida-based charity will pay $4 million to resolve claims that it acted as a conduit for companies including Biogen Inc and Novartis AG to pay...
U.S. lawmakers question Google about collection of health records
U.S. Presidential candidate Elizabeth Warren along with fellow Senators Richard Blumenthal and Bill Cassidy wrote a letter to Alphabet's Google on Wednesday to raise questions about...
Exclusive: LVMH gets access to Tiffany's books after it raises offer - sources
French luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid from $120...
GM sues Fiat Chrysler, alleging union bribery scheme cost it billions
General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials...
Oil jumps over 2% after U.S. inventory data, Russia OPEC comments
Oil prices surged more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC...
Shares slide on U.S.-China spat over Hong Kong, dollar gains
Global stock markets stumbled and the dollar gained on Wednesday after China blasted a U.S. Senate bill aimed at protecting human rights in Hong Kong, the...