Lengthy UAW strike at GM to cost $1.5 billion: Credit Suisse
An ongoing workers' strike at General Motors Co could cost the automaker about $1.5 billion, brokerage Credit Suisse said on Friday, throwing the U.S. automaker's cost...
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.
Oil rises after reports of Iranian tanker attack
Oil prices rose as high as $60.65 a barrel on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the...
Factbox: Renault's new top executive committee
Below are some facts on some of the new top executives appointed at Renault on Friday.
Rising old used car prices help push poor Americans over the edge
For America's working poor, an often essential ingredient for getting and keeping a job – having a car – has rarely been more costly, and millions...
BP warns of third-quarter charges as it spurs $10 billion divestment target
BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday, as it looks to reach divestments...
Uber faces UK tax challenge
Uber Technologies Inc says the UK is seeking to classify the company as a transportation provider, potentially opening it up to new tax charges that could...
With U.S. tariffs looming, China drums up hope for a partial trade deal
A Chinese state newspaper said on Friday that a "partial" trade deal would benefit China and the United States, and Washington should take the offer on...
Hyundai, Kia earmark $760 million to settle U.S. lawsuits over engine fires
Hyundai Motor Co and affiliate Kia Motors Corp have earmarked a total of 900 billion won ($757.86 million) to settle U.S. class action litigation and address...
Oil posts biggest gain in a month after reports of Iranian tanker attack
Oil prices jumped more than 2% on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near...
Shares bask in 'very good' U.S-China trade talks and Brexit deal hopes
World shares on Friday basked in optimism for a detente in the U.S.-China trade war and hopes that Britain was moving closer to a smooth exit...
Renault names Delbos as interim CEO to replace Bollore
French carmaker Renault on Friday named Clotilde Delbos at interim chief executive after ending the tenure of Thierry Bollore following a boardroom vote.
Renault ousts CEO Bollore in abrupt shake-up
The board of French carmaker Renault on Friday voted to oust Thierry Bollore as CEO, naming the firm's financial director Clotilde Delbos to take over his...
BP expects $2-$3 billion charge as it near divestment target
BP expects to hit its $10 billion disposal program by the end of 2019, almost one year ahead of schedule, which will however result in a...
Ford's China sales decline again despite new models
Ford Motor Co's July-to-September vehicle sales in China fell 30%, as the U.S. automaker continued to lose ground in a prolonged sales decline in its second...
Burning trash sparked wildfire that destroyed dozens of homes in California: fire department
Burning trash dumped by a garbage truck caused a fire that by early Friday had destroyed dozens of homes in California's Riverside County, fire officials said,...