KRTL BioTech

Latest News on private equity markets

Huawei's device business earned 11 billion yuan in first half of 2019: filing

Huawei Technologies' device business, comprising mainly smartphones, made a 11 billion yuan ($1.55 billion) profit in the first half of this year - as much as it earned in all of 2018 - a rare regulatory filing showed.



6 years ago

BAT stubs out 2,300 jobs as new CEO tackles tobacco sector changes

British American Tobacco plans to lay off 4% of its workforce, including a fifth of senior managers, as recently-promoted chief executive Jack Bowles grapples with challenges to the group's legacy products and health fears over vaping.



6 years ago

Low-cost fracking offers boon to oil producers, headaches for suppliers

At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000.



6 years ago

China says firms have started inquiring about U.S. agriculture purchases

China said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a further sign of a potential de-escalation in a bitter trade war between the two countries.



6 years ago

ECB to turn stimulus taps back on as economy slows

The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.



6 years ago

Charles Li, Hong Kong's charismatic exchange chief, leads charge for LSE

When Hong Kong Exchange chief executive Charles Li described his company's surprise offer for the London Stock Exchange this week as a "a corporate tale of Romeo and Juliet," listeners outside Asia may have been surprised by the colorful analogy.



6 years ago

As trade talks loom, Chinese firms look into buying U.S. farm goods

Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, Beijing said on Thursday, in a further sign of potential de-escalation in the bitter and protracted trade war between the world's two largest economies.



6 years ago

Futures gain as Washington delays China tariffs

U.S. stock index futures rose on Thursday after President Donald Trump said the United States would delay scheduled tariff hikes on billions worth of Chinese imports, cooling tensions that have battered financial markets over the last year.



6 years ago

Exclusive: Germany sees windfall from lower borrowing costs, sources say

Germany foresees much lower borrowing costs because of record-low yields, and that could create a windfall of roughly 5 billion euros this year, maybe more, three people familiar with Berlin's budget planning told Reuters on Thursday.



6 years ago

Apple's new iPhones shift smartphone camera battleground to AI

When Apple Inc introduced its triple-camera iPhone this week, marketing chief Phil Schiller waxed on about the device's ability to create the perfect photograph by weaving it together with eight separate exposures captured before the main shot, a feat of "computational photography mad science."



6 years ago

Where's the fake beef? Not at Kraft Heinz, investors worry

Investors are chewing out Kraft Heinz Co for failing to lay out a full strategy for how it plans to compete in the roughly $3 billion-a-year plant-based protein market.



6 years ago

Trade war thaw and ECB stimulus hopes buoys stocks

World stocks climbed to their highest in six weeks on Thursday as the European Central Bank prepared to offer new stimulus measures and the United States and China made mutual concessions in their trade dispute, improving demand for riskier bets.



6 years ago

Here are the business issues to watch in the third Democratic debate

Democratic frontrunners Joe Biden and Elizabeth Warren are finally set to square off face to face.

6 years ago

Nearly half of stock pickers beat their passive peers over the last year

Forty-eight percent of active U.S. stock funds outperformed their passive peers over the 12 months through June, up from 37% year-over-year, according to Morningstar.

6 years ago

Trump is prepared to keep, raise tariffs on Chinese goods, Mnuchin says

U.S. President Donald Trump is prepared to keep or even raise tariffs on Chinese imports amid ongoing trade talks, Treasury Secretary Steven Mnuchin said on Thursday after both sides granted concessions ahead of the next round of negotiations.



6 years ago