KRTL BioTech

Latest News on private equity markets

Apple forecasts strong revenue even as iPhones drop to under half of sales

Apple Inc iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described the change as successfully diversifying away from a single product and forecast results above Wall Street targets.



4 years ago

Apple wants to make high-end computers in U.S., needs tariff relief - Cook

Apple Inc Chief Executive Tim Cook on Tuesday said that the desire to keep Mac Pro computer production in United States was behind the company's recent request for tariff exclusions.



4 years ago

Trump warns China against delaying trade deal as talks resume

U.S. President Donald Trump on Tuesday warned China against waiting out his first term to finalize any trade deal, saying if he wins re-election in the November 2020 U.S. presidential contest, the outcome will be worse for China.



4 years ago

Open banking in Canada – time to prepare for change

The Sixty Percent | Dan Smith, Editor | July 30, 2019 As legislators tentatively prepare to adopt open banking, what are the opportunities and who are the beneficiaries of a new financial rulebook? Open banking is on its way to Canada, representing a major opportunity for the region’s fintechs. In September 2018, the Department of

4 years ago

Amgen results beat estimates, cancer drug shows wider activity

Amgen Inc on Tuesday said its second-quarter revenue fell 3% due to more competition for its older off-patent drugs, but rising sales of newer medicines helped its results exceed Wall Street forecasts.



4 years ago

Samsung Electronics second-quarter profit down 56% as chip troubles persist

Samsung Electronics Co Ltd posted a 56% drop in second-quarter operating profit on Wednesday, hit by continuing declines in memory chip prices amid oversupply.



4 years ago

Oreo maker Mondelez raises sales forecast as emerging markets fuel growth

Mondelez International Inc raised its 2019 sales forecast on Tuesday, benefiting from several years of tailoring its chocolates and cookies to cater to consumer tastes in emerging markets such as China and India.



4 years ago

Amgen results beat estimates, lung cancer trial planned

Amgen Inc on Tuesday said its second-quarter revenue fell 3% due to more competition for its older off-patent drugs, but rising sales of newer medicines helped its results exceed Wall Street forecasts.



4 years ago

Ivory Coast, Ghana pricing agreement causing a 'spike in cocoa cost' - Mondelez

A new cocoa pricing mechanism announced by top growers Ivory Coast and Ghana earlier this month is causing cocoa costs to rise, a Mondelez International Inc executive said on an earnings call with analysts on Tuesday.



4 years ago

Samsung Electronics looks to chip recovery as second-quarter profit falls 56%

Samsung Electronics Co Ltd posted a 56% drop in second-quarter operating profit on Wednesday, hit by declines in memory chip prices amid oversupply.



4 years ago

Apple's services, wearables shore up results as iPhone drops below half of sales

Apple Inc iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described the change as successfully diversifying away from a single product and forecast results above Wall Street targets.



4 years ago

China's service sector activity grows at slower pace in July: official PMI

China's services sector activity grew at a slower pace in July, an official survey showed on Wednesday, heaping pressure on Beijing which is counting on the sector to help weather a sharp hit to its manufacturers and the economy from the Sino-U.S. trade war.



4 years ago

Oil prices rise for fifth day after U.S. stocks decline

Oil prices rose for a fifth day on Wednesday, buoyed by a bigger than expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the Federal Reserve, the first in more than 10 years.



4 years ago

Asian shares on defensive, pound at 28-month low on hard Brexit fears

Asian shares weakened in early trade on Wednesday, rattled by fresh trade war concerns following threats from President Donald Trump to Beijing, while increasing worries about a no-deal Brexit kept the pound under pressure.



4 years ago

China, U.S. officials meet for trade talks in Shanghai

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin shook hands with Chinese Vice Premier Liu He before beginning trade talks in Shanghai on Wednesday in a bid to end a year-long trade war.



4 years ago