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.
Market wire
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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 edges down on lower demand outlook, U.S.-China trade dispute
Oil prices edged lower on Monday amid worries about an economic slowdown and the Sino-U.S. trade war, which have led to a cut in the growth...
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...
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...
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...
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...
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.
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...
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...
BlackRock poised to become Authentic Brands' largest shareholder: WSJ
BlackRock Inc is taking a stake in Authentic Brands Group LLC in a deal valuing the U.S.-based entertainment company at more than $4 billion including debt,...
Goldman Sachs economists say fears rise that U.S.-China trade war leading to recession
Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects...
Goldman Sachs cuts growth forecast as trade war triggers recession fears
Goldman Sachs lowered its fourth-quarter growth forecast by 20 basis points to 1.8%, citing a larger than-expected impact of recent trade war events.
BlackRock now has the biggest slice of Sports Illustrated owner Authentic Brands
BlackRock bought a roughly 30% stake in Authentic Brands Group, parent company of Sports Illustrated, for $875 million.
Apple supplier AMS makes 38.50 euros/share takeover offer for Germany's Osram
Apple supplier AMS AG said it has made an all-cash takeover offer for German lighting group Osram Licht AG at an offer price of 38.5 euros...
Fed remains a target as economy falls short of Trump's ambitious goals
It has become a jarring and frequent contradiction. President Donald Trump blames the Federal Reserve for putting the U.S. economy at risk while data shows an...