German carmaker Audi to ramp up engine output in Hungary in 2020: minister
German premium carmaker Audi will ramp up engine output to 2.25 million units next year at its Hungarian factory, up from 1.95 million produced in 2018,...
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.
Lion Air targets up to $1 billion IPO in early 2020: sources
Indonesia's Lion Air has accelerated preparations for a stock market listing in the first quarter of next year with an initial public offering (IPO) that could...
McDonald's says Easterbrook eligible for half-year severance
McDonald's Corp said on Monday former chief executive officer, Steve Easterbrook, was eligible for six months of severance pay as part of his termination agreement with...
U.S.-China trade optimism lifts Wall Street to record high
Technology stocks pushed Wall Street's three main indexes to record highs on Monday, as hopes of a U.S.-China trade deal and an improving domestic economy boosted...
Uber announces deeper push into financial services with Uber Money and Understanding its threat to the financial industry
CNBC Hugh Son Oct 28, 2019 Key Points The ride company announces a new division called Uber Money, which includes a digital wallet and upgraded debit...
Microsoft rolls out new cloud tool for analyzing business data
Microsoft Corp announced on Monday a new service aimed at helping large businesses put to use the huge amounts of data stored in corporate systems.
Virgin Hyperloop seeks backing to build U.S. certification center
Virgin Hyperloop One said Monday it is asking states to support and host the development of a center to advance its futuristic super high-speed travel plans...
Citigroup to launch digital savings account for American Airlines cardholders
Citigroup Inc said on Monday it was planning to offer a high-interest online savings account early next year to users of its American Airlines co-branded credit...
Takeaway.com tweaks Just Eat offer in move to thwart rival Prosus
Takeaway.com has changed its line of attack in the battle to buy food delivery ordering service Just Eat , effectively lowering the threshold for approval of...
Wall Street opens at record high on U.S.-China trade deal hopes
Wall Street's three main indexes opened at all-time highs on Monday, as tech stocks gained on optimism over a U.S.-China trade deal and an improving domestic...
Factbox: Meet McDonald's new CEO: Chris Kempczinski
McDonald's Corp head of U.S. operations, Chris Kempczinski, replaced Steve Easterbrook as chief executive officer of the world's largest fast-food chain on Sunday.
U.S. Supreme Court rejects Charter appeal of Sprint patent verdict
Charter Communications Inc unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp telecommunications patents after the U.S. Supreme Court on...
Oil prices creep higher on U.S.-China hopes and OPEC talks
Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day's boost from growing expectations of a...
The slow death of Canada’s banking ombudsman
Investment Executive Ermanno Pascutto Oct 17, 2019 The independent dispute resolution service has been abandoned by most of the big Canadian banks For several years, the...
McDonald's CEO surprise exit throws long-term vision into doubt: analysts
The surprise exit of McDonald's Corp chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain's multi-billion dollar strategy to...