KRTL BioTech

Latest News on private equity markets

BAT launches more vaping products in Japan to take on Philip Morris

British American Tobacco said it would launch two new tobacco heating products in Japan under its glo brand, as it seeks to close the gap with market leader Philip Morris International Inc in the country's fast-growing vaping industry.



6 years ago

Google's YouTube to pay $170 million penalty for collecting data on kids

Google, which is owned by Alphabet Inc , and its YouTube video service will pay $170 million to settle allegations that it broke federal law by collecting personal information about children, the Federal Trade Commission said on Wednesday.



6 years ago

NY Fed President John Williams says low inflation is 'the problem of this era'

New York Fed President John Williams says sluggish inflation is one of the central bank's most pressing issues

6 years ago

U.S. trade deficit shrinks, but shortfall with China widens

The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration's "America First" agenda, surged to a six-month high.



6 years ago

Easing political worries lift global shares, pound jumps

Britain's pound bounced from three-year lows on Wednesday after a parliamentary vote raised the prospect of another delay to Brexit, while an easing of worries about political risk in Italy helped push world stocks higher.



6 years ago

Starbucks sees slower profit growth in fiscal year 2020

Starbucks Corp said on Wednesday it expects 2020 profit growth to be lower than the current 10% rate, two months after the coffeehouse chain raised its 2019 profit forecast.



6 years ago

JLR to launch 30 new vehicles in China over next two years

Luxury carmaker Jaguar Land Rover (JLR) plans to launch 30 new or revamped vehicles in China in the next two years, it said on Wednesday, seeking to build on a recent recovery in sales in the world's biggest auto market.



6 years ago

Wall St. rises as strong Chinese data eases growth worries

U.S. stocks rose on Wednesday as upbeat data from China's services sector eased concerns about a global economic slowdown, while Hong Kong's withdrawal of a controversial bill supported sentiment.



6 years ago

3G Capital selling $3 billion shares in Burger King owner

Brazilian private equity firm 3G Capital Partners Ltd sold shares in Restaurant Brands International Inc for $3 billion in the past month, regulatory filings showed.



6 years ago

T-Mobile U.S. workers worry Sprint deal will mean job losses

T-Mobile US retail employees and technicians delivered a letter late Tuesday for Deutsche Telekom CEO Tim Hoettges, seeking assurances that their jobs and paychecks will be safe if the wireless carrier is allowed to merge with Sprint, its smaller rival.



6 years ago

Oil prices rise nearly 3% on positive economic data

Oil prices rose nearly 3% on Wednesday, boosted by a wider market pickup on positive news from China's services sector, after three days of losses due to fears about a weakening global economy.



6 years ago

Citi sees no trade deal before 2020 election

Citi no longer sees a conclusion to the trade war with China before the next U.S. presidential election.

6 years ago

Real estate tycoon Sam Zell slams WeWork: 'Every single company in this space has gone broke'

Office-sharing firm WeWork is not doing anything new, argues the Chicago billionaire real estate investor.

6 years ago

There's a key tax deadline right around the corner. Here's how to prepare

Sept. 16 doesn't sound as scary as April 15, but it's still an important date for the IRS. Here's what entrepreneurs, investors and gig workers should know.

6 years ago

The Big Short's Michael Burry says he has found the next market bubble

Michael Burry, one of the first investors to call and profit from the subprime mortgage crisis, is seeing a similar bubble in passive investing, according to Bloomberg News.

6 years ago