Nissan to cut 12,500 jobs as first quarter profit nearly wiped out
Nissan Motor Co said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs as it suffers from sluggish...
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.
AB InBev beats expectations as beer sales growth hits five-year high
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in over five years,...
Total plans $5 billion in asset sales, second quarter net profit falls
French energy giant Total said on Thursday it will sell assets worth around $5 billion mostly from its upstream exploration and production business as it seeks...
Old habits die hard: Saudi Arabia struggles to end oil addiction
When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a...
Volkswagen second-quarter operating profit up 30% as SUV push pays off
Volkswagen Group said its second-quarter operating profit rose 29.9% despite a 1.8% drop in vehicle sales after the VW brand launched a raft of higher-margin sports...
Unilever second-quarter sales growth falls short of estimates
Consumer goods giant Unilever Plc reported slightly weaker-than-expected quarterly underlying sales growth on Thursday, hit by wet weather in Europe and North America, and moderating growth...
Asian shares tick higher, euro near two-month lows before ECB decision
Asian shares rose after a cautious start, while the euro hovered near two-month lows as soft economic data fueled hopes the European Central Bank could cut...
AB InBev beats earnings expectations as beer sales spike
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in five years.
Oil crawls up amid Mideast tensions; weak demand outlook caps gains
Oil prices nudged higher on Thursday amid Middle East tensions and after weekly U.S. crude stocks dropped more than expected, but gains were stemmed by a...
Intel says customers stockpiling chips on U.S.-China tension, hikes forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and...
U.S. attorney general, state officials discuss big tech firms' effect on competition
Eight state attorneys general met with U.S. Attorney General William Barr on Thursday to discuss the effect of big tech companies on competition, and various antitrust...
Philip Morris launches first Africa store to spark alternative cigarettes demand
The South African unit of cigarette maker Philip Morris International Inc opened its first flagship store in Johannesburg on Thursday, as it tries to grow demand...
Intel says customers stockpiling chips on U.S.-China tension, raises forecast
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and...
'Toy Story 4', Barbie star in Mattel's surprise revenue rise
Mattel Inc saw a big boost in demand for its action figures after the worldwide success of the latest "Toy Story" movie while a Barbie makeover...
Alphabet shares soar on new details into YouTube, cloud growth
Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors' concerns about the growth challenges facing its Google advertising business.