KRTL BioTech

Latest News on private equity markets

Parents working from home share their best tips for surviving the quarantine with kids

Across the country, parents are adjusting to a new normal in the pandemic. Here's how they cope when home is also a workplace, a school and a daycare center.

5 years ago

Individual ashtrays, hourly disinfection: French carmakers eye production restart

Peugeot-owner PSA and Renault are planning new safety measures in a push by France's major industrial groups for a breakthrough with workers to reopen some factories before the government lifts its lockdown from mid-May, unions said.



5 years ago

DHL struggles to cope as online parcel volumes surge

Delivery business DHL is struggling to cope with a flood of parcels from online purchases due to the coronavirus crisis, forcing it to cut back extra collections from retailers in Germany, parent company Deutsche Post said on Thursday.



5 years ago

British insurer Aviva halts executive bonuses, pay rises

British insurer Aviva said on Thursday its executive directors and leadership team would not be considered for any bonus for 2020 until dividends are restarted.



5 years ago

Barrick expects to meet annual targets despite coronavirus-led lockdowns

Barrick Gold said on Thursday it was on track to meet its full-year production targets even as it reported an 8.5% drop in first-quarter gold output due to the impact of coronavirus-driven lockdowns.



5 years ago

Luxury department store retailer Neiman Marcus Group skipped bond payment: letter

Neiman Marcus Group skipped a bond payment due this week to Marble Ridge Capital LP, according to a letter from the hedge fund to the luxury department store retailer sent Thursday, setting the heavily indebted chain on a path toward bankruptcy.



5 years ago

Facebook's Libra cryptocurrency revamped after backlash

Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval.



5 years ago

Measures to control coronavirus weigh on U.S. homebuilding

U.S. homebuilding fell by the most in 36 years in March amid a broad decline in activity, offering further evidence that the economy was buckling under the weight of drastic measures to control the spread of the novel coronavirus.



5 years ago

Airbus evaluates requests for delays to jet deliveries

European planemaker Airbus is examining multiple customer requests to defer deliveries after travel demand collapsed because of the coronavirus epidemic, it said on Thursday.



5 years ago

Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs - letter

Billionaire Paul Singer’s Elliott Management said global stocks could tumble more -- ultimately losing half of their value from February's high -- as the world braces for the deepest recession since the 1930s-era Great Depression, according to a letter sent to clients on Wednesday and reviewed by Reuters.



5 years ago

Wall Street rises on hopes of lockdown easing, jobless claims

U.S. stock markets opened higher on Thursday as data showed weekly jobless claims fell slightly from the previous week and on hopes President Donald Trump would push to relax strict lockdowns imposed to contain the coronavirus outbreak.



5 years ago

When you wish you were home alone: How to survive the quarantine with kids

Across the country, parents are adjusting to a new normal in the pandemic. Here's how they cope when home is also a workplace, a school and a daycare center.

5 years ago

Scammers are defrauding unemployed Americans

Con artists are trying to take advantage of the jobless Americans applying for unemployment insurance in record numbers.

5 years ago

Cramer: Amazon is the 'Grim Reaper' for smaller businesses, but it also may help save America

Amazon is "a juggernaut that just wipes out everybody," CNBC's Jim Cramer said Thursday. But he also noted the company's hiring spree as many other firms are laying off workers.

5 years ago