Viacom CEO says new streaming services are boosting demand
Viacom chief executive officer Bob Bakish says he's not worried about competition in the streaming space, on the heels of its merger with CBS.
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 output will be fully back online by end of September, Aramco IPO on track, Saudis say
Half of Saudi Arabia's crude production cut during Saturday's attack has been restored in the past two days, the kingdom's energy minister said Tuesday.
Oil down as Saudi output restored; stocks steady as Fed meets
Oil prices dropped sharply on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production after having been hit by an...
From underpants to oat drink makers, Citigroup courts startups for growth
At an event hosted by Citigroup Inc this month, its dealmakers sat executives from major consumer-product companies alongside rivals trying to disrupt their businesses.
Yemen Houthi drones, missiles defy years of Saudi air strikes
At a weapons exhibition in July in Yemen's Houthi-controlled capital Sanaa, military officials whipped silken sheets off what they said were newly-developed drones and missiles.
Head of Russian shipping giant Sovcomflot to step down -deputy PM's office
The chief executive of Russian state-controlled shipping giant Sovcomflot, Sergei Frank, will step down after 15 years in office, the office of Deputy Prime Minister Maxim...
Pence upbeat that Congress will pass USMCA trade deal this year
U.S. Vice President Mike Pence on Tuesday said he believed Congress would act to pass a new U.S.-Mexico-Canada free trade agreement this year, providing important momentum...
Oil plummets 6% as Saudi oil minister says production fully restored
Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this...
Saudi Arabia to restore oil output fully by end of September: energy minister
Saudi Arabia will restore its lost oil output of 5.7 million barrels per day (bpd) by the end of September and has managed to recover oil...
Costly Saudi defenses prove no match for drones, cruise missiles
Billions of dollars spent by Saudi Arabia on cutting edge Western military hardware mainly designed to deter high altitude attacks has proved no match for low-cost...
U.S. Senators urge FTC to scrutinize multi-billion dollar pharma mergers
U.S. presidential hopeful Amy Klobuchar on Tuesday led a letter by U.S. senators that urged the Federal Trade Commission (FTC) to closely scrutinize pharma mergers, raising...
Saudi energy minister says no urgent OPEC meeting: Al Arabiya TV
There will be no urgent OPEC meeting, the Saudi energy minister Prince Abdulaziz bin Salman said, Al Arabiya television reported on Tuesday after the weekend attacks...
U.S. banking regulator proposes easing post-crisis derivatives rules for big banks
A U.S. banking regulator Tuesday proposed easing a post-credit crisis rule on how much cash big banks should set aside to safeguard derivatives trades between affiliates,...
U.S. 'falling behind' in global race to develop electric vehicle supply chain
The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a...
Wall Street subdued as focus shifts to Fed
U.S. stocks were little changed on Tuesday as investors moved to the sidelines ahead of the Federal Reserve's two-day policy meeting, while the impact of weekend...