KRTL BioTech

Latest News on private equity markets

Wall Street Week Ahead: Bruised U.S. banks expected to report third quarter earnings decline

The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector's first year-over-year earnings per share decline in three years.



6 years ago

Uber launches boat service in Nigeria's megacity Lagos

Global ride-hailing firm Uber Technologies Inc [UBER.UL] on Friday launched a pilot test of a boat service in Nigeria's commercial capital Lagos to attract commuters seeking to avoid the megacity's notoriously congested roads.



6 years ago

OxyContin maker Purdue begins showdown to halt opioid lawsuits

OxyContin maker Purdue Pharma LP will ask a U.S. Bankruptcy Judge on Friday to pause litigation against the company and its owners over the objections of U.S. states that allege the company is trying to protect the controlling Sackler family.



6 years ago

Samsung Display to invest $11 billion by 2025 amid industry oversupply

Apple Inc supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11 billion) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs.



6 years ago

Global stocks recover but disquiet over trade talks lingers

Global stocks recouped early losses as news reports raised hopes that the United States and China would settle some economic disputes, but investors were kept on edge by an earlier report that trade talks due to begin on Thursday could be cut short.



6 years ago

Apple pulls police-tracking app used in Hong Kong protests after consulting authorities

Apple Inc on Wednesday removed an app that protesters in Hong Kong have used to track police movements from its app store, saying it violated rules because it was used to ambush police.



6 years ago

Exclusive: China Everbright Group to restructure, pursue billion-dollar HK IPO - sources

State-owned financial conglomerate China Everbright Group aims to restructure its sprawling business and pursue a billion dollar IPO next year in Hong Kong, three people with direct knowledge of the matter told Reuters on Thursday.



6 years ago

Factbox: Nearly all goods traded by U.S. and China will have tariffs by December 15

U.S. and Chinese negotiators meet in Washington on Thursday and Friday to try, once again, to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of billions of goods traded between the world's largest economies.



6 years ago

Top-level U.S.-China trade talks resume as irritants sour atmosphere

The United States' and China's top trade negotiators were set to meet on Thursday for the first time since late July to try to find a way out of a 15-month trade war as new irritants between the world's two largest economies threatened hopes for progress.



6 years ago

Factbox: Snakes and ladders - SoftBank Vision Fund's climbing, sliding valuations

The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burnt through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.



6 years ago

GM's third-quarter China vehicle sales down 17.5%, as U.S. automakers cede ground

General Motors Co's July to September vehicle sales in China fell 17.5%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.



6 years ago

Strengthening Renault-Nissan alliance is crucial: French minister

Strengthening the alliance between car makers Renault and Nissan is crucial, said French junior economy minister Agnes Pannier-Runacher on Thursday, amid signs of a possible management shake-up at Renault.



6 years ago

Altcoins: Ahead of Libra, XRP cryptocurrency gains toehold in commerce

Facebook's Libra may be grabbing all the headlines at the moment, yet a major cryptocurrency already exists that's gained a toehold in mainstream commerce.



6 years ago

Tire maker Michelin to close French site that has 619 staff

French tire maker Michelin said on Thursday it would close down a site in the town of La Roche-sur-Yon, which has 619 staff, as the auto industry grapples with tough market conditions.



6 years ago

China urges U.S. to halt pressure on Chinese companies, including Huawei

China has urged the United States to stop unreasonable pressure on Chinese companies, including Huawei Technologies, foreign ministry spokesman Geng Shuang said at a daily press briefing on Thursday.



6 years ago