KRTL BioTech

Latest News on private equity markets

UK broadband providers lift data caps during coronavirus crisis

Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday.



5 years ago

Mexico's President says will comply with public vote to halt brewery project

Mexico's President Andres Manuel Lopez Obrador on Saturday said his government will comply with a public consultation to halt the construction of U.S. brewer Constellation Brands Inc's more than $1 billion brewery project in the border city of Mexicali.



5 years ago

Clothing rental service Rent the Runway lays off workers amid coronavirus outbreak

U.S. clothing rental firm Rent the Runway said on Saturday it had laid off retail employees following temporary store closures amid the ongoing coronavirus outbreak.



5 years ago

Pence says virus taskforce soon to deliver recommendation on whether to re-open economy

Vice President Mike Pence, heading the Trump administration's response to the coronavirus outbreak, said on Saturday that he would deliver a recommendation to the president on whether to re-open the U.S. economy in the coming week.



5 years ago

Airbnb hosts to provide free rooms for British health workers

Airbnb hosts will provide free rooms for workers in Britain's National Health Service (NHS) to support their work during the coronavirus outbreak, the company said on Sunday.



5 years ago

Asia stocks ride stimulus hopes higher but dollar left behind

Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.



5 years ago

Volkswagen urges ECB to buy short-term debt to stabilize markets: FT

Volkswagen's chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday.



5 years ago

Futures fall after strong three-day rally as virus threat continues

U.S. stock index futures fell on Friday, a day after the S&P 500 and Dow posted their best three-day run since the 1930s, as the United States faced the prospect of becoming the next global epicenter of the coronavirus pandemic.



5 years ago

Morgan Stanley receives approval for majority stake in China venture: sources

Morgan Stanley has received regulatory approval to take a majority stake in its China securities joint venture, people with knowledge of the matter said, as Beijing opens up the financial sector to foreigners.



5 years ago

Alitalia asks to put more workers under layoff scheme-document

Alitalia's administrator has asked the Italian government to increase the number of employees under temporary lay-off scheme to nearly 7,000, a document showed, to help mitigate the impact the coronavirus outbreak had on the airline and the wider sector.



5 years ago

European shares fall as investors take stock of spreading virus

European stocks fell on Friday, halting their biggest ever three-day rally in a sign investors were focusing once more on the spread of the coronavirus pandemic despite hopes for further stimulus measures to combat its economic impact.



5 years ago

Ferrari extends Italian plant closures to April 14 subject to supplies

Luxury carmaker Ferrari said on Friday it would extend the shutdown of its two Italian plants and reopen on April 14, provided it had supplies, and update 2020 forecasts in May when it releases its first-quarter earnings.



5 years ago

Exclusive: Russia calls for new enlarged OPEC deal to tackle oil demand collapse

A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of Russia's sovereign wealth fund said, adding that countries should also cooperate to cushion the economic fallout from coronavirus.



5 years ago

Stock futures fall after strong three-day rally as virus threat continues

U.S. stock index futures fell on Friday, a day after the S&P 500 and Dow posted their best three-day run since the 1930s, as the United States faced the prospect of becoming the next global epicenter of the coronavirus pandemic.



5 years ago

Oil mixed on stimulus hopes and demands fears

Oil prices were mixed on Friday as the market weighed the potential benefits of stimulus efforts by policymakers around the world against the demand destruction caused by fallout from the rapid spread of the coronavirus.



5 years ago