Murdoch's Fox Corp to buy fintech Credible Labs in $397 million deal
U.S. broadcaster Fox Corp on Monday agreed to buy Credible Labs Inc in a deal valuing the online finance broker at $397 million, as the Murdoch-controlled...
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.
Elliott urges Scout24 to sell car listings arm, increase buyback
U.S. activist investor Elliott urged German classifieds group Scout24 on Monday to sell its car listings division and ramp up a share buyback program to boost...
HSBC CEO Flint leaves abruptly after only 18 months in role
HSBC announced the shock departure of Chief Executive Officer John Flint after just 18 months in the role, saying the bank needed a change at the...
Subaru first-quarter profit climbs 48% on strong U.S. SUV sales
Subaru Corp reported a 48% increase in first-quarter operating profit on Monday as global sales grew, led by demand for the Ascent and Forester SUVs in...
Asia stocks hit six-month low as investors flee to safety, yuan slumps
Asian shares suffered their steepest daily drop in nine months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough...
South Korea to spend $6.5 billion on R&D to cut reliance on Japanese imports
South Korea on Monday announced plans to invest about 7.8 trillion won ($6.48 billion) in research and development to foster the local production of materials and...
HSBC announces surprise exit of CEO Flint, up to $1 billion buyback
HSBC on Monday announced the surprise departure of Chief Executive Officer John Flint, saying the bank needed a change at the top to address "a challenging...
Japan service sector growth eases on tempered optimism, job creation: PMI
- Activity in Japan's services sector expanded again in July, albeit at a fractionally slower pace than the previous month, a revised survey showed on Monday,...
As Japan frets about dearth of AI talent, Daikin develops own program
There's a sense of panic within Japan Inc and the government - the world's No. 3 economy doesn't have enough experts in artificial intelligence and it's...
HSBC first-half profit rises 16%, announces $1 billion buyback
HSBC reported on Monday its first-half pretax profit rose 15.9% and announced a further buyback of $1 billion, defying some analysts' expectations it might pause its...
Fox Corp to take over lender Credible Labs for $397 million
U.S.-based consumer lender Credible Labs Inc said on Monday it had agreed to be bought out by broadcaster Fox Corp for about A$585 million ($397 million).
HSBC says CEO John Flint to step down
HSBC on Monday said its Chief Executive Officer John Flint, 51, will step down, saying the bank needed a change at the top to address "a...
Fiat Chrysler CEO: We'll talk alliances, but we can go it alone
Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk, but we can go it alone.
Is your spouse cheating? Your tax returns may hold the secret
It's hard to hide everything from Uncle Sam — including infidelity. Here's how your tax return can tell you whether your spouse may be having an...
New state programs, like California's, make it easier for workers to save for retirement
Millions of workers do not have access to a workplace retirement plan. Now, states like California are starting programs to help those people save for their...