Holiday Inn-owner IHG hit by weak China, Hong Kong bookings
Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and Hong Kong protests for a 0.8% fall in third-quarter revenue per room on Friday,...
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.
Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations
The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing, late-stage...
AB Volvo warns of demand slump as truck orders plunge
Swedish truckmaker AB Volvo reported a sharp decline in third-quarter orders and forecast a demand slump on both sides of the North Atlantic next year, taking...
AB Volvo truck orders tumble as markets hit brakes in third-quarter
Sweden's AB Volvo on Friday reported a sharp fall in order intake of its trucks in the third quarter and forecast slumping market demand on both...
Asian shares slump after weak China GDP, pound retreats
Asian stocks stumbled on Friday, erasing earlier gains after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the...
Holiday Inn-owner IHG bruised by weak bookings in China, Hong Kong
Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and protests in Hong Kong for a 0.8% fall in quarterly revenue per room on...
Oil ebbs as China's slowest GDP growth in almost three decades stokes demand fears
Oil prices slid on Friday on jitters over demand from China after the world's largest oil importer recorded its weakest quarter of economic growth in nearly...
Apple's Cook meets China regulator after pulling Hong Kong app
Apple Inc CEO Tim Cook met the chief of China's market regulator in Beijing on Thursday, the Chinese agency said, a week after the U.S. firm...
Blockchain Startup Backed By Big Banks Ushers In New Era Of Banking
Forbes Andrea Tinianow Oct 17, 2019 Fnality, a London-based company is banking on blockchain technology to usher in an era of digital financial markets. They are...
AB Volvo truck orders tumble after profit beats forecast in third quarter
Sweden's AB Volvo on Friday reported a sharp fall in order intake of its heavy-duty trucks in the third quarter and forecast double-digit percentage declines in...
China's GDP growth grinds to near 30-year low as tariffs hit production
China's third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production,...
Opioid settlement talks fail, landmark trial expected Monday
A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a...
Exclusive: Huawei in early talks with U.S. firms to license 5G platform - Huawei executive
Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive...
Mnuchin backs proposal to double IMF's crisis fund
U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion crisis lending fund...
Boeing 737 MAX test pilot grappled with simulator flaws, too
In newly released text messages from 2016, a top Boeing 737 MAX test pilot tells a colleague that the jet's MCAS flight control system - the...