Low-cost fracking offers boon to oil producers, headaches for suppliers
At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a...
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.
BAT stubs out 2,300 jobs as new CEO tackles tobacco sector changes
British American Tobacco plans to lay off 4% of its workforce, including a fifth of senior managers, as recently-promoted chief executive Jack Bowles grapples with challenges...
Huawei's device business earned 11 billion yuan in first half of 2019: filing
Huawei Technologies' device business, comprising mainly smartphones, made a 11 billion yuan ($1.55 billion) profit in the first half of this year - as much as...
Waymo eyes deploying self-driving technology in trucking: CEO Krafcik
Waymo is exploring deploying its self-driving technology in the trucking industry, CEO John Krafcik said on Thursday, as it works with industry partners to seize a...
Political risks of Hong Kong exchange's $39 billion LSE approach takes toll on shares
Hong Kong stock exchange shares fell more than 3% on Thursday as investors raised concerns about the political and regulatory risks involved in its $39 billion...
China says firms have started inquiring about U.S. agriculture buys
China's Commerce Ministry said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a further sign of a...
Nigeria and Iraq pledge to cut output to meet OPEC targets
Iraq's and Nigeria's oil ministers pledged on Thursday to reduce oil output to comply with their OPEC output targets.
China says firms have started inquiring about U.S. agri buys
China's Commerce Ministry said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a further sign of a...
Mexico's $5 billion debt bailout for Pemex 'a one off': deputy minister
Mexico's $5 billion rescue package to pay down debt at Pemex [PEMX.UL] is a one-of-a-kind transaction that should give the struggling state oil company breathing space...
AB InBev set to revive Budweiser Asia IPO with $5 billion float: sources
The world's largest brewer, Anheuser-Busch InBev , which shelved a Hong Kong IPO of its Asia Pacific unit in July, is planning to raise about $5...
As trade war deepens, a state-owned insurer in China helps soften the blow
As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing low cost coverage and...
Nissan China head, turnaround executive among top candidates for CEO: sources
The head of Nissan Motor Co's China business and an executive tasked with leading its revival have emerged as two of the top candidates to take...
BAT cutting 2,300 jobs as new CEO Bowles spurs changes
British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January, about 4% of its workforce, as the world's second largest...
Hong Kong exchange shares fall as political risks of $39 billion LSE approach weigh
Shares in the Hong Kong stock exchange fell more than 3% on Thursday as investors cast doubt on the merits of its $39 billion takeover approach...
BAT plans to cut 2,300 jobs by Jan 2020
British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January as the world's second largest tobacco company by sales looks...