KRTL BioTech

Latest News on private equity markets

Virgin Galactic CEO says millions of tourists will want to fly to space in the next decade

Virgin Galactic's leadership expects millions of space tourists will fly in the next decade.

6 years ago

LVMH woos Tiffany to tap fast-growing jewellery market

LVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamour, as the owner of Louis Vuitton and Bulgari seeks to expand in jewellery, one of the fastest-growing parts of the luxury goods market.



6 years ago

Medicare would cover dental and vision if these bills pass Congress

A suite of legislation before Congress would expand coverage through Part B to include dental, vision and hearing. Another measure would allow the government to negotiate prices with drugmakers for Medicare Part D prescription coverage.

6 years ago

Trump administration eases risks for banks on false lending claims

The Trump administration said on Monday it would try to entice banks to offer more mortgages to low-income borrowers by reducing reliance on a Civil War-era law the Obama administration used in the wake of the subprime mortgage crisis to build bad-lending cases against big banks.



6 years ago

Amazon could challenge loss of $10 billion Pentagon cloud deal as early as next week

If Amazon.com decides to fight the Pentagon's decision to award a highly contested $10 billion cloud computing contract to Microsoft, it could act as early as next week.



6 years ago

S&P 500 hits record on trade optimism, Fed rate-cut expectations

The S&P 500 hit a record high on Monday, while the Nasdaq hovered just below its lifetime high touched in late July, as a more conciliatory tone between the United States and China buoyed hopes for a possible trade deal and investors anticipated a rate cut by the Federal Reserve later this week.



6 years ago

U.S.-China trade hopes boost global stocks; dollar eases

An index of global stock markets climbed to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.



6 years ago

U.S. regulator to bar China's Huawei and ZTE from government subsidy program

The U.S. telecommunications regulator plans to vote in November to designate China's Huawei Technologies and ZTE Corp as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment or services.



6 years ago

Alphabet third-quarter profit misses estimates

Google parent Alphabet Inc missed analysts' estimates for quarterly profit on Monday as it reported its highest-ever quarterly expenses, sending shares down about 1.7% even though revenue growth topped expectations.



6 years ago

Beyond Meat expenses surge as manufacturing ramps up; shares fall

Beyond Meat Inc's expenses more than doubled in the third quarter as the vegan burger maker ramped up manufacturing to meet booming demand for plant-based proteins.



6 years ago

Richard Branson's Virgin Galactic soars before crashing to earth in NYSE debut

Richard Branson-backed Virgin Galactic Holdings Inc fetched a valuation of around $2.3 billion on its market debut on Monday, after shares in the first publicly traded space tourism company popped before fizzling out.



6 years ago

VW ramps up China electric car factories, taking aim at Tesla

Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.



6 years ago

T-Mobile beats quarterly phone subscriber estimates

T-Mobile US Inc on Monday beat analysts' third-quarter estimates for net new phone subscribers who pay a monthly bill, boosted by competitive wireless plans aimed at fending off its bigger rivals.



6 years ago

Microsoft says Russia-linked hackers target sports organizations

Microsoft Corp said it has tracked "significant" cyberattacks coming from a group it calls "Strontium" or "Fancy Bear", targeting anti-doping authorities and global sporting organizations.



6 years ago

Trade optimism, Fed rate-cut expectation sends S&P 500 to record

The S&P 500 hit a record high on Monday, while the Nasdaq fell just short of its lifetime high touched in late July as a more civil tone between the United States and China lifted hopes for a possible trade deal and investors looked toward a Federal Reserve rate cut later this week.



6 years ago