Fed's Powell resists pressure for hefty rate cut, sends global stocks down
Global stocks fell while the dollar rose on Wednesday as comments from U.S. Federal Reserve dampened excitement about an aggressive rate cut as early as July...
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.
Credit Suisse initiates Tesla coverage, sees 15% downside amid competition
Credit Suisse initiated coverage of Tesla Wednesday with an "underperform" rating.
China's Alibaba aims to double Tmall brands with English portal
Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall marketplace aimed at merchants, in an attempt to double the number of international...
U.S. Treasury Secretary says U.S.-China trade deal is 90% done: CNBC
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the trade deal between the United States and China is "about 90%" complete, CNBC reported.
Swiss ban planemaker Pilatus from operating in Saudi Arabia, UAE
The Swiss foreign ministry on Wednesday banned planemaker Pilatus from operating in Saudi Arabia and the United Arab Emirates, saying the company had breached rules on...
Japan's Abe hopes U.S., China resolve trade war through constructive talks
Japanese Prime Minister Shinzo Abe said on Wednesday that he hoped the United States and China would resolve their trade war through constructive dialogue when they...
Oil prices jump on U.S. crude stocks fall, major refinery outage
Oil prices hit their highest level in nearly a month on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and...
Japan financial watchdog mulls fine for Nissan over Ghosn pay issue
Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of...
Walmart aims to list minority stake in Japan unit Seiyu
Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S. retail giant...
Macron calls for synergies, alliances' to strengthen Renault-Nissan
French President Emmanuel Macron on Wednesday called for further synergies and alliances to strengthen the Renault-Nissan partnership in a global market.
Australian PM says Beijing should adopt reform to end U.S. trade war
Australian Prime Minister Scott Morrison said on Wednesday that China should reform its economy to end a trade war with the United States that is damaging...
TDR Capital to buy car auctioneer BCA Marketplace for $2.4 billion
British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billion).
TechnipFMC resolves U.S. and Brazil probes, hopes to settle French case
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving...
Walmart says it aims to list Japanese supermarket unit Seiyu
Walmart aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, the U.S. company said in a statement on Wednesday,...
Asia stocks dip after Fed tapers aggressive easing expectations
Asian stocks dipped on Wednesday and the dollar inched up from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary easing.