General Electric posts loss, cash flow takes Boeing hit
General Electric Co swung back to a financial loss in the second quarter, as the restructuring of its ailing power business drained more cash than expected...
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.
Getting under the hood of Amazon’s auto ambitions
Amazon.com Inc is expanding its transportation prowess to do virtually everything short of building a car.
China accuses U.S. of flip-flopping in trade negotiations
China's foreign ministry said on Wednesday that the United States was to blame for flip-flopping in bilateral trade negotiations over the past year, after comments from...
Brexit and subsidy row cloud strong Airbus profits
Airbus urged European governments to step up plans for a "likely" no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit...
Puma braces for U.S.-China tariffs with extra inventory
German sportswear group Puma is carrying up to 7% extra inventory as it prepares for the possible imposition of U.S. tariffs on goods produced in China,...
U.S., China trade meeting ends with sharp response to Trump
Talks between U.S. and Chinese trade officials seeking ways to end a year long trade war lasted barely half a day before ending on Wednesday with...
Credit Suisse hails cost discipline as net profit jumps 45%
Credit Suisse posted its highest quarterly earnings in four years on Wednesday, hailing frugal cost management as paying off in a tough environment.
Trade tensions weigh on stocks as markets await Fed verdict
Fresh trade war fears weighed on global stocks on Wednesday ahead of a U.S. Federal Reserve meeting with the dollar holding firm and Britain's pound subdued...
Aston Martin slumps to half-year loss as European demand drops
Luxury British carmaker Aston Martin slumped to a half-year loss as profits were hit by a nearly 20 percent drop in European demand, the latest blow...
Oil rises for fifth straight day as market awaits Fed, stockpiles fall
Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as investors awaited a widely expected cut in...
EssilorLuxottica eyes bigger global retail network with $8 billion deal for GrandVision
EssilorLuxottica , the world's largest eyewear maker, announced on Wednesday it is buying Dutch optical retailer GrandVision in a cash transaction worth up to 7.2 billion...
German prosecutors charge ex-Audi boss Stadler over emissions cheating
German prosecutors said on Wednesday they had filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated for his role in Volkswagen's emissions...
Carmaker Aston Martin swings to a half-year loss
Aston Martin swung to a half-year pretax loss of 78.8 million pounds ($95.8 million) as profits were hit by expansion costs, lower average selling prices and...
Lloyds Bank profits fall after fresh $669 million PPI charge
Britain's biggest mortgage lender Lloyds Banking Group posted weaker-than-expected pretax profits on Wednesday, as a further 550 million pound ($668.9 million) provision to meet claims for...
With Fed sure to cut rates, Powell on hook to flag next steps
The U.S. Federal Reserve is almost certain to cut interest rates for the first time in more than a decade on Wednesday, delivering a mild jolt...