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...
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.
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...
Roche, Spark extend $4.3 billion takeover again, this time to September 3
Roche and Spark Therapeutics announced another extension of the Swiss drugmaker's $4.3 billion takeover offer for the U.S. gene therapy specialist as regulatory reviews in the...
Credit Suisse confirms 2019 target after second-quarter net profit jumps 45%
Credit Suisse on Wednesday posted its highest quarterly earnings in four years, confirming its 2019 profitability target after second-quarter earnings jumped 45%.
Asian shares at six-week low on trade worry, pound under pressure
Asian shares fell on Wednesday to a six-week trough, rattled by fresh trade war concerns following threats from President Donald Trump to Beijing, while increasing worries...
Airbus second-quarter profit rise beats forecasts, delivery challenges ahead
Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while...
Samsung says Japanese curbs cloud outlook as profit halves, shares fall
Samsung Electronics warned on Wednesday that Japanese curbs on the export of chip-making materials was blurring its outlook and said it would delay a plan to...
After $6 billion M&A spree, insurer FWD eyes China foray ahead of potential IPO
Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief...
Airbus second-quarter profits rise and beat analyst forecasts
Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while...