KRTL BioTech

Latest News on private equity markets

Nestle posts slightly slower sales growth, revamps waters business

Food group Nestle announced a new share buyback program of up to 20 billion Swiss francs ($20.13 billion) and changes to its waters business on Thursday after organic sales growth slowed slightly to 3.7% in the third quarter, from 3.9% in the previous quarter.



4 years ago

Qatar Airways says may convert orders for Boeing 777-8 jet to 777-9

Qatar Airways said it may convert its 10 orders for the Boeing Co ultra-long-range 777-8 widebody jet to the larger 777-9, depending on the performance of the 777-9.



4 years ago

Ericsson third-quarter core profit tops forecast, lifts 2020 sales target

Telecoms equipment maker Ericsson reported quarterly core earnings far ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger market and currency effects.



4 years ago

As 'Cannabis 2.0' kicks off in Canada, industry strangled by limited retail outlets

A year after Canada legalized use of recreational marijuana cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused drinks and other products will quickly lift shares may be in for a bumpy ride.



4 years ago

China grants Tesla car manufacturing certificate: industry ministry

China's industry ministry on Thursday said it has added Tesla Inc to a government list of approved automotive manufacturers, granting the manufacturing certificate that the electric vehicle maker needs to start production in the country.



4 years ago

Unilever misses estimates as sales slow in China and India

Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets.



4 years ago

Sterling falters as Brexit deal hope fades, shares pause after five-day rally

Sterling faltered on fading hopes of a Brexit deal on Thursday, while a five-session rally in Asian stocks ran out of steam as weak U.S. retail sales fanned fears about the health of the world's biggest economy.



4 years ago

Exclusive: WeWork owner creates committee to decide on financing lifeline

WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group Corp and its main lender JPMorgan Chase & Co , four people familiar with the matter said on Wednesday.



4 years ago

Britain's Domino's Pizza to exit four international markets

Domino's Pizza Group Plc , Britain's biggest pizza delivery company, said on Thursday it will exit its international markets, where it has been facing mounting losses.



4 years ago

Factbox: Aluminum cans get boost from anger over plastic pollution

French food and drinks multinational Danone is the latest company shaking up the world's $19 billion bottled water industry by switching some of its plastic bottles, which pollute oceans, to aluminum cans.



4 years ago

Plastic bottles vs. aluminum cans: who'll win the global water fight?

Global bottled water giants are ramping up trials of easily recyclable aluminum cans to replace plastic that pollutes the world's seas. Sound like a slam-dunk for the environment? Not entirely.



4 years ago

Nestle revamps waters business as organic growth slows

Food group Nestle plans to return up to 20 billion Swiss francs ($20.13 billion) to shareholders over the next two years and is making changes to its struggling waters business after organic sales growth dipped to 3.7% in the third quarter from 3.9% in the previous quarter.



4 years ago

Ericsson third-quarter tops forecast as strong 5G market boosts earnings

Telecoms equipment maker Ericsson reported quarterly core earnings well ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger 5G market and currency effects.



4 years ago

Tesla gets approval to start manufacturing in China

Tesla Inc was added to a government list of approved automotive manufacturers, China's industry ministry said on Thursday, as it granted the electric-vehicle maker a certificate it needs to start production in the country.



4 years ago

WH Smith to buy Marshall Retail for $400 million in U.S. push

British retailer WH Smith Plc said on Thursday it will buy Marshall Retail Group for about $400 million, betting that the American peer's network of stores at U.S. airports will help boost profits soured by turmoil on the British high street.



4 years ago