Ford to close engine plant in Wales in latest blow to UK car sector
Ford said it would close its plant in Bridgend, south Wales next year because of falling demand for some of its engines, putting 1,700 jobs at...
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.
U.S. yield curve flattens after ECB move; stocks inch up
The U.S. Treasury yield curve flattened on Thursday as the European Central Bank committed to leaving interest rates steady into the first half of 2020, while...
Wall Street muted as rate cut bets temper trade tensions
Wall Street's main indexes edged higher in choppy trading on Thursday, as expectations of a supportive central bank kept in check worries of a flare up...
Prosecutors suspect 70 Deutsche Bank managers in dividend tax probe: paper
German prosecutors have extended an investigation into a tax-stripping scheme, with around 70 current and former executives of Deutsche Bank now being treated as suspects, the...
U.S. House panel chairman says he'll seek to block any tariffs on Mexico
The head of the U.S. House Ways and Means Committee on Thursday vowed to take steps aimed at blocking tariffs on Mexican goods if President Donald...
Louis Vuitton sees demand in mainland China picking up steam
Louis Vuitton, LVMH's biggest sales driver, has beefed up stocks of its handbags and other luxury wares to feed its growing online business in mainland China,...
Exclusive: FedEx to hire 700 flexible rural and residential drivers
FedEx Corp said it plans to hire about 700 flexible, part-time Express drivers in 160 U.S. residential and rural markets as customer-turned-competitor Amazon.com Inc puts pressure...
Trump to decide on $300 billion China tariffs after G20 meeting
U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion...
U.S. holds out for more from Mexico in talks over tariffs, border
Mexican and U.S. officials are set to resume talks on trade and migration on Thursday, with the United States resisting calls from its southern neighbor, businesses...
Trade war, tariffs pose risks to U.S. and global growth: IMF, Fed officials
Officials of the U.S. Federal Reserve and International Monetary Fund separately warned on Thursday that global trade tensions and rising tariffs posed an increasing risk to...
Wall Street subdued as rate cut bets temper trade tensions
U.S. stocks eked out gains in choppy trading on Thursday, as hopes of an interest rate cut outweighed fears of a flare up in U.S.-China trade...
Google to buy data analytics firm Looker for $2.6 billion
Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition...
EU reviews Deutsche Bank, SocGen in screening of past money-laundering cases
The European Commission is reviewing past money-laundering cases at EU banks to assess what went wrong and decide possible tweaks to rules, an EU official said,...
Mexican president hopes for deal with U.S. on migration on Thursday
Mexican President Andres Manuel Lopez Obrador said he hoped a deal could be struck with the United States on Thursday to resolve a migration dispute and...
U.S., Mexico to resume talks over tariffs, border as Trump seeks more progress
Mexican and U.S. officials are set to resume talks in Washington on Thursday aimed at heading off punitive tariffs on Mexican goods as President Donald Trump...