KRTL BioTech

Latest News on private equity markets

Factbox: Renault's new top executive committee

Below are some facts on some of the new top executives appointed at Renault on Friday.



5 years ago

Oil rises after reports of Iranian tanker attack

Oil prices rose as high as $60.65 a barrel on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, but bearish oil demand forecasts soon pulled crude off session highs.



5 years ago

Lengthy UAW strike at GM to cost $1.5 billion: Credit Suisse

An ongoing workers' strike at General Motors Co could cost the automaker about $1.5 billion, brokerage Credit Suisse said on Friday, throwing the U.S. automaker's cost reduction plans off the track and forcing key suppliers to cut their 2019 outlook.



5 years ago

Oil jumps briefly after reports of Iranian tanker attack

Oil prices rose as high as $60.65 a barrel on Friday after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, but bearish oil demand forecasts soon pulled crude off session highs.



5 years ago

Stocks bask in 'very good' trade talks, Brexit deal hopes

World shares on Friday basked in optimism over signs of a detente in the U.S.-China trade war and hopes that Britain was moving closer to a smooth exit from the European Union.



5 years ago

Renault ousts CEO in post Ghosn-era reset

Renault's board voted on Friday to oust chief executive Thierry Bollore, as the French carmaker and Japanese partner Nissan seek a fresh start following the scandal-hit tenure of former alliance supremo Carlos Ghosn.



5 years ago

Bernstein upgrades J&J, says valuation is 'historically cheap'

Bernstein upgraded shares of Johnson & Johnson to an outperform rating based on the expectation that the company will settle its ongoing legal battles.

5 years ago

Roku shares upgraded by RBC's Mahaney, who sees 30% rally ahead for the stock

Roku shares were upgraded by RBC analyst Mark Mahaney to outperform from sector perform.

5 years ago

Wall Street Week Ahead: Bruised U.S. banks expected to report third quarter earnings decline

The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector's first year-over-year earnings per share decline in three years.



5 years ago

Uber launches boat service in Nigeria's megacity Lagos

Global ride-hailing firm Uber Technologies Inc [UBER.UL] on Friday launched a pilot test of a boat service in Nigeria's commercial capital Lagos to attract commuters seeking to avoid the megacity's notoriously congested roads.



5 years ago

OxyContin maker Purdue begins showdown to halt opioid lawsuits

OxyContin maker Purdue Pharma LP will ask a U.S. Bankruptcy Judge on Friday to pause litigation against the company and its owners over the objections of U.S. states that allege the company is trying to protect the controlling Sackler family.



5 years ago

Samsung Display to invest $11 billion by 2025 amid industry oversupply

Apple Inc supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11 billion) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs.



5 years ago

Global stocks recover but disquiet over trade talks lingers

Global stocks recouped early losses as news reports raised hopes that the United States and China would settle some economic disputes, but investors were kept on edge by an earlier report that trade talks due to begin on Thursday could be cut short.



5 years ago

Apple pulls police-tracking app used in Hong Kong protests after consulting authorities

Apple Inc on Wednesday removed an app that protesters in Hong Kong have used to track police movements from its app store, saying it violated rules because it was used to ambush police.



5 years ago

Exclusive: China Everbright Group to restructure, pursue billion-dollar HK IPO - sources

State-owned financial conglomerate China Everbright Group aims to restructure its sprawling business and pursue a billion dollar IPO next year in Hong Kong, three people with direct knowledge of the matter told Reuters on Thursday.



5 years ago