KRTL BioTech

Latest News on private equity markets

Dutch road authority finds Jeep, Suzuki models broke emissions rules

The Dutch road authority has recalled Jeep Cherokees throughout Europe for a software update, it said on Thursday, after completing an investigation into fraudulent emissions strategies by Suzuki and Jeep diesel models.



5 years ago

Wall Street's next trading innovation: Airline fares derivatives

Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against any drop in ticket prices.

5 years ago

United States cautions Britain over Huawei

The United States cautioned Britain ahead of a decision by Prime Minister Boris Johnson on what role Huawei will have in 5G telecommunications networks that Washington still had significant concerns about the Chinese telecoms behemoth.



5 years ago

Wall Street's next trading innovation: Airfare derivatives

Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against any drop in ticket prices.

5 years ago

Insys founder faces stiff prison sentence, $100 million-plus in forfeiture

John Kapoor, the founder of Insys Therapeutics Inc, on Thursday could be sentenced to several years in prison and ordered to forfeit up to $113 million for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis.



5 years ago

Virus fears sap stocks; ECB gets ready for rethink

World shares fell on Thursday, led by the biggest tumble in Chinese stocks in more than eight months, as concern mounted about a new coronavirus outbreak in China.



5 years ago

First phase of Huawei CFO Meng's U.S. extradition hearing set to wrap up in Canada

Lawyers for Huawei Chief Financial Officer Meng Wanzhou will respond Thursday to the Canadian prosecutor's arguments calling for Meng to be extradited to the United States on bank fraud charges.



5 years ago

Blues health insurers fund U.S. non-profit's generic drug expansion

A group of Blue Cross Blue Shield insurers is investing $55 million in a new venture with a non-profit generic drug manufacturer to try to offer cheaper prices on pharmacy drugs to their members, the companies said on Thursday.



5 years ago

JetBlue posts quarterly profit rise, meets three-year cost-cutting goal

JetBlue Airways Corp saw a slight rise in quarterly profit in the three months to end December after delivering on a three-year cost-cutting drive designed to enable low-cost airfares over the next decade, it said on Thursday.



5 years ago

UK's Morrisons to cut 3,000 management jobs

Morrisons , Britain's No. 4 supermarket group, plans to cut 3,000 management jobs as part of a major restructuring of its workforce that will see 7,000 store jobs created, it said on Thursday.



5 years ago

Euro traders wait for ECB meeting, yuan drops on virus fears

The euro remained stuck in its recent trading range on Thursday before the European Central Bank's meeting, while China's yuan dropped on fears about the spread of a virus.



5 years ago

Jeep, Suzuki models found to have broken EU emissions rules

Fiat Chrysler's Jeep Grand Cherokee and Suzuki's Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority ruled on Thursday.



5 years ago

P&G's quarterly sales miss Wall Street estimates, shares fall

Procter & Gamble Co reported lower-than-expected quarterly sales on Thursday, its first miss in five quarters, hurt by a stronger dollar, sending its shares down about 2%.



5 years ago

Comcast's growth in broadband customers offsets fourth-quarter cord-cutting

Comcast Corp's bid to counter cord-cutting with profitable broadband customers continued to pay off in the fourth quarter, as the company on Thursday beat Wall Street's revenue and profit estimates.



5 years ago

Goldman won't take companies public without at least one diverse board candidate, CEO says

Goldman Sachs CEO David Solomon spoke with CNBC's "Squawk Box" from the World Economic Forum in Davos, Switzerland.

5 years ago