Canadian fintech adoption rate hits 50 per cent, but still trails global peers: EY
Financial Post Geoff Zochodne Oct 15, 2019 China and India, at 87 per cent, sported the highest rates of adoption and the United Kingdom clocked in...
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.
Big U.S. liquefied natgas players move fast; smaller ones try to keep up
A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead...
EDF CEO says France prepares to build new nuclear plants: Le Monde
It is clear that France is preparing to build new nuclear power plants, Jean-Bernard Levy, Chief Executive of state-controlled utility EDF , said in an interview...
Blackstone's financing for Merlin deal unsettles bond market
A buyout consortium led by Blackstone sent a frisson through debt markets this week as it took advantage of a booming appetite for bonds to push...
Wall Street edges higher on robust earnings, Brexit deal
Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood.
The latest in the brokerage wars: Charles Schwab will allow people to buy fractions of stocks
Charles Schwab will soon let its clients trade fractions of stocks, the founder and chairman told the Wall Street Journal in an interview.
U.S. homebuilding retreats, manufacturing still struggling
U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains...
In trading revamp, Goldman's message to staff: be like dealmakers
Over the past decade or so, Goldman Sachs Group Inc has watched its annual trading profits fall a whopping 84%, as post-financial crisis regulations upended Wall...
U.S. boutique banks woo French bankers in Paris advisory push: sources
Several U.S. boutique investment banks are looking to hire senior staff in Paris in the wake of Britain's departure from the EU and have poached bankers...
Renault warns sales to fall in 2019 as automakers struggle
France's Renault on Thursday cut its revenue guidance for 2019 further and lowered its profitability forecast, citing difficulties in markets such as Turkey and Argentina as...
Saudi Aramco delays planned IPO: FT
Saudi Aramco has delayed the planned launch of its initial public offering (IPO), the Financial Times reported on Thursday, citing three people familiar with the matter.
NTSB to determine probable cause of fatal Uber self-driving crash
The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable cause of a March 2018 Uber Technologies Inc self-driving...
Union Pacific misses profit expectations amid trade war, to cut spending, jobs
Railroad operator Union Pacific Corp on Thursday reported quarterly profit that missed analysts' estimates and said it would cut capital spending and jobs as the multi-front...
Wall Street higher on strong earnings, Brexit deal
U.S. stocks rose on Thursday on the back of strong earnings from Netflix and Morgan Stanley, with Britain's preliminary last-minute deal with the European Union adding...
UAW deal with GM to end strike includes pay raises, but three plants would close
The United Auto Workers union wrung higher pay and better coverage for temporary workers from General Motors Co as part of its tentative deal to end...