Weak 2019 earnings growth paves the way for a strong 2020 earnings picture, boosting stocks
As forward earnings estimates have fallen since the start of October, stocks have rallied.
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.
Google launches smart device in Brazil in new challenge to Amazon
Alphabet Inc’s Google is bringing to Brazil the latest version of its own smart device Google Nest, with plans to start selling it in major online...
Oil falls after Trump plays down optimistic China trade reports
Oil prices dipped on Monday after U.S. President Donald Trump appeared to play down reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade...
Airbnb, Chobani among companies to oppose U.S. asylum work permit slowdown
Airbnb, Chobani, Western Union and a dozen other companies are urging the withdrawal of a Trump administration proposal to slow down the work permit approval process...
Uber’s Latin American stronghold pursued by SoftBank-funded rivals
Latin America, long a safe haven for Uber, was the biggest weak spot in the money-losing company’s latest financial results, registering just 2% growth, the worst...
Amazon's $1.5 million political gambit backfires in Seattle City Council election
Seattle voters, in a rebuke to heavy corporate campaign spending by Amazon.com, have kept progressives firmly in control of their city council, reviving chances for a...
UK building sector hit by surge in insurance costs after Grenfell fire
Two years after a fire killed 71 people at London's Grenfell Tower, insurance premiums for building contractors, architects and surveyors have surged by as much as...
Global stocks drop as Hong Kong violence rattles investors
Shares around the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and stoked...
How a young vet turned entrepreneur turned a family recipe into an $80,000 venture that just launched on Amazon
Military veteran turned entrepreneur Charlynda Scales turned her grandfather's secret sauce recipe into an $80,000 venture that just launched on Amazon. Consumers support her made-in-America brand.
SunPower to separate solar panel unit from storage, shares rise
U.S. solar company SunPower said on Monday it would split into two publicly traded companies, separating most of its solar panel manufacturing operations from storage and...
Recession gatecrashes Hong Kong’s fintech party | SFC outlines VATP regulatory framework and China’s digital currency
Reuters Sharon Lam Nov 8, 2019 Recession gatecrashes Hong Kong’s fintech party HONG KONG (Reuters Breakingviews) - Hong Kong’s economic travails are an unwelcome guest in...
AirAsia transfers some Kuala Lumpur-Singapore slots to long-haul service
Malaysian budget carrier AirAsia Group Bhd said on Monday it would transfer two slots on its Kuala Lumpur-Singapore route, its most profitable, to long-haul sister airline...
Alibaba Singles' Day sales jump 25% in first 9 hours to $23 billion
Chinese retailer Alibaba on Monday said sales for its annual Singles' Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two...
Asian shares a sea of red as Hong Kong chaos hits sentiment
Asian shares sank on Monday, the safe haven yen rose and gold jumped following a fresh escalation of violence in Hong Kong while uncertainty still remained...
China auto sales fell 4% in October, 16th month of decline
Auto sales in China fell for a 16th consecutive month in October, with the number of new energy vehicles (NEVs) sold contracting for the fourth month...