Saudi, Abu Dhabi showing 'high interest' in investing in VF2: SoftBank's Son
SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the second Vision...
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.
SoftBank's profit blows past estimates on Vision Fund gains
Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.
Cobalt, Africa setbacks shrink Glencore's first-half profit
Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, and said it would suspend output...
Oil sets new seven-month low on trade tensions
Oil prices slipped further on Wednesday, extending recent heavy losses as deepening Sino-U.S. trade tensions weighed on the outlook for the global economy and energy demand.
Oil slips as U.S.-China trade tensions fuel demand concerns
Oil prices dipped on Wednesday as potential damage to the global economy and fuel demand from the intensifying Sino-U.S. trade dispute continued to cast a shadow...
Tesla scrutinized by U.S. agency over Model 3 safety claims: Bloomberg
The U.S. National Highway Traffic Safety Administration (NHTSA) sent a cease-and-desist letter to Tesla Inc last year for not complying with the agency's guidelines in its...
SoftBank Group's profit blows past estimates on Vision Fund gains
Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.
Toyota turns to AI startup to accelerate goal of robots for the home
Toyota Motor Corp has designs on making robot helpers for your home, and has enlisted a Japanese startup that specializes in artificial intelligence to jump-start its...
SoftBank Group first-quarter profit blows past estimates on Vision Fund gains
Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit due to a leap in investing gains from the $100 billion Vision Fund.
Glencore first-half profit misses estimates on slump in cobalt prices
Glencore Plc posted an almost one-third fall in first-half core profit on Wednesday, missing market expectations, as it was hit by a collapse in global cobalt...
Two U.S. senators raise privacy concerns over Facebook's Messenger Kids
Democratic U.S. senators Edward Markey and Richard Blumenthal have written to Facebook Inc questioning whether there was a "worrying pattern" of poor privacy protection for children...
Asian stocks turn lower on lingering trade war fears, yuan slips
Shares in Asia fell for an eighth straight session on Wednesday on lingering worries over the escalating U.S.-China trade war, but losses and nerves were soothed...
Commerzbank's targeted rise in 2019 net profit 'ambitious'
Commerzbank on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but the German bank...
COMAC pushes back C919 jet's China certification target to 2021
Commercial Aircraft Corp of China (COMAC) aims to obtain Chinese certification for its C919 jet in 2021, the company said, marking a delay from a previous...
Luxury department store Barneys files bankruptcy: NYT
U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York...