U.S. agrees 1MDB recovery deal with Malaysian Jho Low
The U.S. Justice Department said on Wednesday it has reached a settlement deal with financier Jho Low to recover almost $1 billion that was misappropriated from...
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.
Facebook sales grow as users tick up; Zuckerberg defends political ads
Facebook Inc reported an uptick in users in lucrative markets and its third-straight rise in quarterly sales growth on Wednesday, but the company's controversial political ads...
Starbucks earnings heat up on China expansion, digital and cold brews
Starbucks Corp beat Wall Street sales and revenue estimates on Wednesday, driven by new stores, digital ordering and delivery in China, and cold drinks in the...
Hong Kong's central bank cuts interest rate after Fed move
The Hong Kong Monetary Authority (HKMA) lowered its base rate charged through the overnight discount window by 25 basis points to 2% on Thursday, hours after...
Chile's APEC cancellation raises new hurdle for U.S.-China trade deal
Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit where...
Samsung Elec upbeat on chip outlook as third-quarter profit falls 56%
Samsung Electronics Co Ltd said chip sales should pick up in 2020 as it reported a 56% fall in third-quarter operating profit on Thursday, reeling from...
Asian stocks edge higher after Fed rate cut, focus shifts to BOJ
Asian shares rose on Thursday and U.S. stock futures edged higher after the U.S. Federal Reserve cut interest rates as expected to keep economic expansion on...
Stock investors see silver lining in Fed's rate-cut pause
The U.S. Federal Reserve may be done cutting interest rates but stock investors are not done buying.
U.S. lawmakers question Boeing's $1 mln rebate clause for Southwest 737 MAX orders
To convince Southwest Airlines Co to buy the Boeing 737 MAX, the plane maker reassured the airline that pilots would not need expensive simulator training and...
GE still sees $1.4 billion cash cost from Boeing 737 MAX grounding in 2019
General Electric Co still expects the grounding of Boeing Co's 737 MAX jetliner to reduce its cash flow by $1.4 billion in 2019, provided the aircraft...
Fiat Chrysler board approves moving forward with Peugeot merger: sources
Fiat Chrysler Automobiles NV's board of directors has approved moving forward with talks to merge with French automaker Peugeot SA , a person familiar with the...
Peugeot board gives a green light to FCA talks: source
The supervisory board of Peugeot maker PSA on Wednesday gave Chief Executive Carlos Tavares the go-ahead to pursue a $50 billion merger with Italy's Fiat Chrysler...
Facebook beats revenue, profit estimates, shares rise
Facebook Inc beat analysts' estimates for quarterly revenue and profit on Wednesday, driven by a steady rise in advertising.
Lyft trumps revenue estimates as it attracts more riders
Ride-hailing company Lyft Inc blew past Wall Street estimates for third-quarter revenue on Wednesday, as promotions attracted more active users who also spent more per ride.
MetLife quarterly profit more than doubles on derivative gains
U.S. insurer MetLife Inc on Wednesday reported third-quarter profit that more than doubled from a year earlier, largely because derivatives that the U.S insurer uses for...