KRTL BioTech

Latest News on private equity markets

Varta warns of patent infringements by Chinese firms, shares plunge

German battery maker Varta said on Wednesday that it has warned electronic goods traders after finding products with batteries from Chinese manufacturers which infringe on its patents.



5 years ago

Bytedance's video app TikTok bans 'misleading information'

Popular video-sharing app TikTok issued a broad ban on Wednesday against "misleading information" that could cause harm to its community or the public, setting itself apart from rivals like Facebook which say that they do not want to be arbiters of truth.



5 years ago

Luckin Coffee seeks more of China market, launches equity deals worth $821 million

Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores.



5 years ago

McDonald's expands Beyond Meat burger trial to 52 Canadian outlets

McDonald's Corp said on Wednesday it would expand its vegan burgers trials using Beyond Meat patties to 52 restaurants in Canada, signaling a stronger push from the world's No. 1 fast-food chain into plant-based meat options.



5 years ago

Timeline: From arrest to flight - key dates in the Ghosn affair

Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn told Reuters.



5 years ago

Walgreens profit misses estimates on pharmacy weakness

Drugstore chain Walgreens Boots Alliance Inc posted a quarterly profit that missed expectations on Wednesday, hurt by lower payments from insurers on drugs sold, sending shares down nearly 4% before the bell.



5 years ago

Oil prices will climb above $100 a barrel if Iran blocks the Strait of Hormuz, analysts predict

Oil prices would skyrocket if Iran moved to completely cut off the Strait of Hormuz, energy analysts told CNBC on Wednesday.

5 years ago

Futures steady as Iran retaliation seen as contained

U.S. stock index futures turned higher on Wednesday after Iran signaled no further escalation in military strikes following its attack on U.S.-led forces in Iraq, allaying investor worries of a wider war in the Middle East.



5 years ago

Airlines re-route or cancel flights around Iraq, Iran after missile strike on U.S. troops

Major airlines canceled Iran and Iraq flights on Wednesday and re-routed others away from both countries' airspace, following an Iranian missile strike on United States-led forces in Iraq.



5 years ago

Investors pause equity selling as fears of immediate Iran-U.S. escalation fade

Global equities fell on Wednesday and Wall Street was set for a weaker open after Iran's attack on U.S.-led forces in Iraq, but earlier sharp market moves faded as fears abated that the raid would lead to an immediate military escalation.



5 years ago

Apple's news service reaches 100 million users, App Store sales expand

Apple Inc on Wednesday said its Apple News service has reached 100 million monthly active users versus 85 million a year prior, demonstrating growth in a key services business that is being closely watched by investors as iPhone sales decline.



5 years ago

Varta warns Chinese firms on patent infringements, shares plunge

German battery maker Varta said on Wednesday that it has warned electronic goods traders after finding products with batteries from Chinese manufacturers which infringe on its patents.



5 years ago

'Shot across the bow': U.S. steps up pressure on UK ahead of Huawei decision

The United States is making a final pitch to Britain ahead of a UK decision on whether to upgrade its telecoms network with Huawei equipment, amid threats to cut intelligence-sharing ties, people with knowledge of the matter told Reuters.



5 years ago

Attention taxpayers: Your chances of getting audited have fallen significantly

The Internal Revenue Service audited 0.45% of individual tax returns in its most recent fiscal year, which is half what it was in 2010.

5 years ago

Former Nissan chief Ghosn says he was brutally taken from his family

Former Nissan head Carlos Ghosn on Wednesday said he was brutally taken from his family and friends by Japanese prosecutors.



5 years ago