OPEC chief says oil market may have upside potential in 2020
The oil market outlook for next year may have upside potential, the secretary-general of producer group OPEC said on Tuesday, appearing to downplay any need to...
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.
Saudi government to have one-year restriction on selling more Aramco shares after IPO: sources
The Saudi government will be subject to a one-year restriction on selling additional Aramco shares in the oil company after a planned initial public offering (IPO),...
Kroger's 2020 profit, same-store sales estimates top expectations
Kroger Co on Tuesday forecast next year's profit and same-store sales ahead of analysts' estimates, as the supermarket chain benefits from its efforts to modernize stores,...
U.S. boards end era of impunity for 'skirt-chasers,' McDonald's firing shows
Directors of U.S. companies are increasingly showing zero tolerance for executives' sexual relationships with employees, even consensual ones, an attitude shift evident in McDonald's Corp's dismissal...
Boeing CEO Muilenburg 'has done everything right' says chairman
Boeing Co Chairman Dave Calhoun said on Tuesday that the company's board believes Chief Executive Dennis Muilenburg "has done everything right" just days after he came...
How will Apple, Disney, AT&T and Netflix retain streaming subscribers?
When Apple Inc's video streaming service made its debut on Friday, it came with $2 billion worth of original programming - a feature widely considered to...
Oil gains on optimism over U.S.-China trade deal
Oil prices rose on Tuesday on positive economic data and hopes for a Washington-Beijing trade deal that will lead to a de-escalation in tensions between the...
Factbox: SoftBank's ever-growing mountain of debt
SoftBank Group Corp has built a global conglomerate of telecoms and tech companies on an ever-growing mountain of debt that major rating agencies categorize as junk.
SoftBank says WeWork Japan can become profitable 'in near future'
WeWork's Japan unit can become profitable "in the near future", the Japanese partner of the U.S. office-space sharing startup said on Tuesday, amid investor scepticism over...
Floundering tech bets put spotlight on SoftBank results, Son
SoftBank Group Corp and its founder Masayoshi Son face a day of reckoning on Wednesday when the investment juggernaut is likely to post weak quarterly results,...
Air France-KLM plans sales and efficiency drive to lift profit
Air France-KLM will combine a sales drive with efficiencies including better fleet management to lift profit margins to 7-8% over the medium term, the airline group's...
Oil edges lower after gains driven by trade optimism
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later in the day, following two days of gains on positive...
SoftBank Corp CEO says WeWork Japan can become profitable 'in near future'
SoftBank Corp CEO Ken Miyauchi said on Tuesday WeWork's Japanese business can become profitable "in the near future".
After U.S. blacklisting, iFlytek chief says firm will stick to law
Chinese artificial intelligence firm iFlytek will strictly adhere to international laws, including a recent decision by the U.S. government to put the firm on a trade...
Rakuten sees $947 million loss from Lyft investment in latest quarter
Japan's Rakuten Inc said on Tuesday it expects to take a 103 billion yen ($947 million) loss in the latest quarter on its investment in U.S....