Fed's Rosengren says interest rate cuts are 'not costless'
Boston Federal Reserve Bank President Eric Rosengren, who dissented from the central bank's decision to cut interest rates earlier this week, repeated on Friday that monetary...
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.
Europe's China telecoms gear ban would cost industry $3.5 billion: report
Replacing Chinese telecoms equipment would cost European telecom operators about $3.5 billion, a report by industry research firm Strand Consult predicted on Friday, far lower than...
Trump tweetstorm hasn't slanted view of Fed : Reuters poll
President Donald Trump's barrage of tweets blasting the U.S. Federal Reserve appears to have been ignored by both Republicans and Democrats who largely see the central...
Commerzbank planning to cut 4,300 jobs as part of strategic review
Commerzbank announced on Friday it was planning to cut jobs and reduce branches as part of an overhaul and review of its strategy.
Wall Street opens slightly stronger amid stimulus hopes, easing trade tensions
U.S. stocks opened marginally higher on Friday as an interest rate cut by China's central bank and signs of co-operation on trade between the world's two...
Saudi Aramco books European naphtha for Asia after attacks
Saudi Aramco has booked at least 120,000 tonnes of naphtha for September loading from Europe in a rare move as it seeks to plug a supply...
Saudi Aramco confident Khurais full output to resume by end-September
Saudi Aramco is confident full production will resume by the end of September from Khurais, one of two oil sites attacked on Sept. 14, a company...
Rolls-Royce sees further delay in Trent 1000 engine overhaul
British engineering firm Rolls-Royce said on Friday it expects problems with its Trent 1000 engines to take longer to fix, with a target of fewer than...
Google to invest 3 billion euros in European data centers
Google will make an additional investment of 3 billion euros ($3.32 billion) to expand its European data centers, Chief Executive Sundar Pichai told a news conference...
Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions
Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China's burgeoning cloud computing sector...
Explainer: Abe, Trump head for trade deal; auto tariffs a sticking point
U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to clinch a deal on farm tariffs and digital trade when they meet in...
Royal Bank of Scotland appoints Alison Rose as CEO
Royal Bank of Scotland has appointed Alison Rose as its new chief executive, becoming the first major British lender to appoint a woman to its top...
China sovereign fund CIC says cautious of U.S. investment amid trade war
China Investment Corp (CIC) on Friday said the Sino-U.S. trade war has made it more cautious about investing in the United States, after the Chinese sovereign...
U.S. stock exchange competition to heat up in 2020 with new entrants
At least three new U.S. stock exchanges are expected in 2020, executives from the companies said on Thursday, potentially lowering trading costs as the upstarts try...
Trump, Facebook CEO Zuckerberg had 'good, constructive' meeting: Facebook
U.S. President Donald Trump and Facebook Chief Executive Mark Zuckerberg had a "good, constructive" meeting at the White House on Thursday, the social media company said...