Reliance shares see biggest intraday rise in decade; rivals hit by disruption worries
Reliance Industries shares saw their biggest intraday rise in a more than a decade on Tuesday, after it set a target to reach zero net debt...
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.
Exclusive: Citgo chooses new CEO to navigate political, legal turmoil - sources
Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert...
Oil falls on lower demand outlook, U.S.-China trade dispute
Oil prices fell on Monday amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for...
Asia shares tumble as Hong Kong unrest, Argentine peso crash unnerve investors
Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina's peso currency drove...
Saudi Aramco to buy Reliance stake, reports 12% earnings slide
Saudi Aramco reported a 12% fall in half-year net profit on Monday, yet remained the world's most profitable company, while India's Reliance Industries said Aramco is...
Yen and bond bulls charge on as share markets falter
Yen and bond bulls charged on Monday while stocks struggled again, amid ongoing worries that a prolonged U.S.-China trade war and damaging Brexit could tip top...
ABB's largest shareholder pleased with new CEO appointment
ABB's largest shareholder Investor AB is pleased with the appointment of Bjorn Rosengren as the new chief executive of the engineering group, the Swedish investment company...
Iberdrola to sell 40% stake in UK wind project for 1.6 billion pounds
Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said...
New ABB CEO is committed to at least five years at company
New ABB Chief Executive Bjorn Rosengren is committed to at least five years with the Swiss engineering group, Chairman Peter Voser said on Monday.
ABB shares jump as new CEO raises turnaround hopes
ABB shares jumped almost 4% in early Monday trading as investors welcomed news the Swiss engineering group had poached Bjorn Rosengren from Swedish mining equipment firm...
Sensor specialist AMS triggers bidding war for Osram
Shares in Osram soared after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain and...
Austria's AMS aims to wrap up Osram takeover in first half of 2020
Austrian sensor specialist AMS aims to wrap up its planned takeover of German lighting group Osram in the first half next year, its chief executive said...
Saudi Aramco's first-half net income falls 12% on lower oil prices
Top oil producer Saudi Aramco maintained its position as the world's most profitable company on Monday even as it reported a 12% drop in first-half net...
Asian shares turn lower on Sino-U.S. trade, recession worries
Worries that a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession weighed on Asian equities on Monday, offsetting a welcome a...
Saudi Aramco's first-half net income falls 12% to $47 billion
Saudi Aramco, the world's top oil producer, reported first-half net income of $46.9 billion on Monday, down from $53.02 billion a year earlier.