KRTL BioTech

Latest News on private equity markets

South Korea, Japan to hold export control talks via teleconference, Jiji says

South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday, reflecting the widening impact of the coronavirus outbreak.



5 years ago

HSBC sends home 100 London staff, confirms China coronavirus case

HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at a major company in Europe's main financial hub.



5 years ago

Wall Street bulls and bears fight over what the economic recovery from coronavirus will look like

Strategists debate how long it will take to contain the coronavirus outbreak as it hits the United States and roils markets.

5 years ago

Hugo Boss sees coronavirus hit to sales spreading from Asia

German fashion house Hugo Boss warned on Thursday that the coronavirus will have a significant impact on its first-quarter results, with sales falling particularly in Asia, but also in other key markets.



5 years ago

ProSieben's e-commerce arm buys Meet Group for $500 million

ProSiebenSat.1 Media said on Thursday its e-commerce arm NuCom would buy U.S. dating app developer Meet Group Inc , as the German broadcaster doubles down on digital growth to offset its declining commercial TV franchise.



5 years ago

Apple, Netflix pull out of South by Southwest festival amid coronavirus outbreak

Apple Inc and Netflix Inc said they were pulling out of the South by Southwest music and tech festival to be held later this month, amid the coronavirus outbreak.



5 years ago

Facebook confirms contractor in Seattle diagnosed with coronavirus

Facebook Inc on Thursday confirmed that a contractor at a Seattle office has been diagnosed with the coronavirus and the social media giant said it would close that location until March 9.



5 years ago

Britain's John Lewis launches strategy review after profit slide

British employee-owned retailer, the John Lewis Partnership, has launched a strategic review of its business after reporting a 23% fall in annual profit, a third straight decline, primarily reflecting a dire performance from its department stores arm.



5 years ago

Finland's Nokia announces 5G partnership with Intel

Finland's Nokia Oyj has entered into partnership with Intel to accelerate its so-far sluggish shift to 5G, the company said on Thursday, a day after announcing a similar deal with Marvell Technology .



5 years ago

Fund managers change tack as Fed reacts to virus

Fund managers are changing their allocations after the U.S. Federal Reserve stunned investors with a half-point rate cut this week to contain the economic fallout from the coronavirus epidemic.



5 years ago

UBS hardens energy lending as 'sustainable' investments rise

Switzerland's UBS said the value of its 'sustainable' investments rose by more than 50% to nearly $500 billion in 2019, while lending to the energy and utilities sectors fell by 40% as it tightened its rules.



5 years ago

Oil prices climb ahead of OPEC meeting to discuss supply cuts

Oil prices climbed higher on Thursday ahead of an OPEC meeting in which Saudi Arabia is expected to push the group and its allies including Russia to agree to further output cuts to support the market.



5 years ago

British regional airline Flybe collapses after coronavirus blow

British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the struggling carrier the industry's first big casualty of the coronavirus outbreak.



5 years ago

ProSieben's $500 million dating bet a turn-off for investors

ProSiebenSat.1 Media has staked a $500 million bet on romance by buying dating U.S. app developer Meet Group Inc , but the deal proved to be a turn-off for investors who sent the German broadcaster's shares down 10% to a decade low.



5 years ago

OPEC seen backing big oil output cut, but awaits Russian support

OPEC ministers are expected to approve on Thursday the outlines of a deal for a significant cut in oil production to shore up prices hammered by the coronavirus outbreak but they are still waiting for Russia to indicate whether it will back such a move.



5 years ago