Cathay Pacific freezes new hiring, to focus on cost cuts: memo
Cathay Pacific Airways Ltd has put a freeze on new hiring, according to an internal memo seen by Reuters, as the airline battles a slump in...
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.
Hong Kong exchange set to fall 3.3% after $39 billion takeover bid for LSE
Shares of Hong Kong Exchanges and Clearing Ltd (HKEX) were set to fall 3.3% on Thursday after the bourse unveiled a $39 billion takeover approach to...
GE begins divestment of Baker Hughes with $2.7 billion share sale
General Electric Co (GE) on Wednesday said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from...
U.S. judge approves novel framework for opioid settlement talks
A federal judge on Wednesday approved the substance of a proposal by lawyers representing cities and counties suing drug companies over the U.S. opioid epidemic that...
U.S., China grant trade concessions ahead of fresh talks
U.S. President Donald Trump on Wednesday welcomed China's decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a delay to...
Asian stocks rise on hopes for U.S.-China trade, monetary stimulus
Asian stocks rose on Thursday on hopes for a thaw in U.S.-China trade frictions and expectations that the European Central Bank will kick off another wave...
Trump rules out for now cutting capital-gains taxes
U.S. President Donald Trump has ruled out for now slashing taxes on capital gains after a meeting with his advisers, a White House spokesman said on...
Oracle CEO Mark Hurd takes medical leave; first-quarter revenue misses
Oracle Corp said on Wednesday Chief Executive Officer Mark Hurd would be taking a medical leave, and the business software maker posted first-quarter revenue that missed...
Harley Davidson to lay off 40 employees in Wisconsin
Harley-Davidson Inc has laid off 40 employees at its general merchandise division in Milwaukee as part of a restructuring exercise, according to a company official with...
Top U.S. trade official submits USMCA ideas to Democrats: lawmakers
The Trump administration on Wednesday sent U.S. House of Representatives Democrats its latest proposals for addressing legislators' concerns about the new U.S.-Mexico-Canada trade deal, lawmakers and...
Trump: U.S. agrees to delay tariff hike on some Chinese goods by two weeks
U.S. President Donald Trump said on Wednesday the United States has agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1...
Factbox: Key ECB policymaker comments ahead of Thursday's rate meeting
The following are key comments by European Central Bank policymakers ahead of the Thursday's policy meeting, which is expected to approve a fresh stimulus package to...
ECB to turn stimulus taps back on to prop up ailing economy
The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are...
Trump's call for negative rates threatens savers
U.S. President Donald Trump's push for low interest rates reached a new pitch on Wednesday, when he demanded the Federal Reserve take the extraordinary step of...
Hong Kong Exchange faces uphill battle with $39 billion bid for LSE
Hong Kong Exchanges and Clearing Ltd (HKEX) unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday that received a cool...