Oil prices fall on signs of large U.S. stock build
Oil prices eased on Thursday after industry data showed a larger-than-expected build-up in stocks in the United States, although losses were limited by comments by U.S....
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.
Boston pension votes to fire money manager Fisher, withdrawals surge toward $1 billion
The City of Boston's retirement board on Wednesday voted unanimously to end its relationship with money manager Kenneth Fisher, whose firm has lost almost $1 billion...
Citigroup names Peter Babej as Asia Pacific chief executive: memo
Citigroup Inc has named Peter Babej, the U.S. bank's global head of financial institutions group, as its new Asia Pacific chief executive officer, according to an...
South Korea's top court upholds suspension of Asiana Airlines' San Francisco route for 45 days
South Korea's Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines' Incheon- San Francisco route for 45 days.
Exclusive: WeWork owner creates committee to decide on financing lifeline - sources
WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group...
Global shares lose steam on weak U.S. retail sales, Brexit in focus
Global stocks barely moved on Thursday as soft U.S. retail sales data raised concerns about the health of the world's largest economy and risk of global...
Drug firms offer to settle U.S. opioid suits with $50 billion package - sources
Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging the...
IBM revenue misses on weakness in its biggest unit; shares fall 5%
International Business Machines Corp missed Wall Street estimates for quarterly revenue on Wednesday, as its global technology services unit was hit by weakness in some European...
Mexican billionaire Slim vows to invest in Mexico, touting economic prospects
Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to $5 billion in Mexican infrastructure during the current administration as he delivered...
Southeast Asia's mobile payments face shakeout as market booms
Just next to Ho Chi Minh City's financial district, two dozen street vendors' stalls display colorful adverts for e-wallets backed by private equity firm Warburg Pincus,...
U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin
U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign next month, U.S. Treasury Secretary...
SEC freezes assets of 18 traders over alleged manipulation
U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily China-based, over an international market manipulation scheme that has...
Still work to do on China trade deal, Mnuchin says
U.S. and Chinese trade negotiators still have work to do on a "phase one" trade agreement ahead of a targeted signing by U.S. President Donald Trump...
Ken Fisher's sexist comments have cost his company nearly $1 billion in assets
The City of Boston is now the third pension plan to end its relationship with Fisher Investments in light of Ken Fisher's comments at a conference.
Oil rises on hopes OPEC will extend supply cuts, weaker U.S. dollar
Oil rose on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and...