Sweden's Saab backs out of Swiss fighter jet test flights
Saab will not test its Gripen fighter jet this month in Switzerland, the Swedish company said on Thursday, after the Swiss defense procurement agency recommended against...
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.
India's Jet Airways plunges as bourse moves to limit speculative trading
Shares of Jet Airways sunk over 23% to a record low on Thursday after India's largest stock exchange said the carrier would soon no longer be...
Is bitcoin growing up? Regulated futures boom as investors seek a safer ride
When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing...
PwC fined $5.8 million over audit of Redcentric
Britain's accounting watchdog said on Thursday it has fined PwC 4.55 million pounds ($5.8 million) over its auditing of IT services company Redcentric.
Factbox: Safe havens emerge in China, South Asia as recession risks grow
Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the...
Tesco's UK sales growth slows in latest quarter
Tesco, Britain's biggest retailer, said underlying sales growth slowed in its latest quarter, partly reflecting a tough comparative number in the same period last year.
Huawei files to trademark mobile OS around the world after U.S. ban
China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a U.N. body shows, in a...
Alibaba files for Hong Kong listing: Bloomberg
Alibaba Group Holding Ltd has filed confidentially for a Hong Kong initial public offering, Bloomberg reported on Thursday, citing people familiar with the matter.
Seeking shelter from trade war, fund managers bet on China's consumers
China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks...
Credit Suisse, UBS have boosted capital positions: SNB
Switzerland's biggest banks, UBS and Credit Suisse, have improved their capital positions but must strengthen their crisis planning, the Swiss National Bank said on Thursday, citing...
KKR to sell Korea-based KCFT to SK Group affiliate for $1 billion
U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies (KCFT) to SKC, an affiliate of South Korean conglomerate...
China's Vice Premier Liu calls for more measures to support economy
Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing...
India's Reliance Capital calls auditor's observations 'baseless and unjustified'
Reliance Capital Ltd said on Thursday the observations of PricewaterhouseCoopers (PwC) about its fiscal accounts were "completely baseless and unjustified", a day after the auditor withdrew...
Hong Kong leads Asian stocks lower, oil near five-month lows
Asian shares were led lower on Thursday as the Hong Kong market fell for second consecutive session following a day of massive street protests, while oil...
Asian stocks subdued, oil near five-month low on U.S. inventory build
Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable U.S.-China trade dispute, while oil prices flirted with five-month lows thanks to higher U.S....