Scooter start-ups Lime and Bird fly south for…

Fledgling electric scooter start-ups Bird and Lime are trying a new tactic to survive their first winter: migration.  Wind, rain and snow in several of the companies’ markets has threatened to put a damper on…

Wall Street banks turn skittish on leveraged loans

Wall Street banks are offloading leveraged loans at discounted prices and demanding that borrowers accept less advantageous terms, as they move to protect themselves from rapidly weakening demand in a previously hot corner of the…

Central banks assess next steps as ECB joins…

When the European Central Bank switches off its money-printing press at the turn of this year and stops buying fresh assets, it will mark the end of a decade-long global experiment in how to stave…

US equity funds suffer big outflows

Investors this week pulled the most money from US equity funds since the stock market sell-off in February, dialling back exposures after a prolonged period of volatility for US share prices. Funds that invest in…

Value Village thrift stores in $30M tax fight…

The Canada Revenue Agency and Value Village have found themselves at odds regarding the amount of taxes that the thrift-store owner is obligated to pay after a private equity-backed shakeup of the company six years…