KRTL BioTech

Latest News on private equity markets

Fed says July rate cut was 'recalibration' and not part of 'pre-set course' for more easing

The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.

5 years ago

U.S. lawmakers say tariffs on EU olive oil pit Trump trade policy against demand

U.S. lawmakers on Wednesday urged the U.S. Trade Representative's Office not to impose new import tariffs on European olive oil, warning they could lead to an olive oil shortage and higher prices in the United States.



5 years ago

Boeing awarded $999 million contract for A-10 wing replacements: Pentagon

Boeing has been awarded a $999 million defense contract to replace the wings on A-10 close air support aircraft, the Pentagon said on Wednesday.



5 years ago

Nordstrom beats profit estimates as it clears inventory faster and sells more online

Upscale U.S. retailer Nordstrom Inc reported a better-than-expected quarterly profit on Wednesday as it said it had cut costs and cleared more inventory, sending its shares up 10% in extended trading.



5 years ago

Over Fed minutes, a Trump-shaped shadow

The one thing Federal Reserve officials were in broad agreement about at their last meeting was this: to not tip their hands about what happens next.



5 years ago

Asia shares find support, still waiting on stimulus

Asian shares edged ahead on Thursday after Wall Street got a boost from strong retail results, while bonds retreated as U.S. policy makers sounded conflicted on whether to cut interest rates as sharply as markets were wagering.



5 years ago

Trump attacks Ford Motor for not backing fuel economy rollback

U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration's plan to roll back Obama-era fuel efficiency rules, singling out Ford Motor Co in particular for backing a deal with California for stricter fuel economy standards.



5 years ago

Farmer's threat prompts U.S. Agriculture Department to pull staff from crop tour

The U.S. Agriculture Department said on Wednesday it had pulled all staff from an annual crop tour after an employee was threatened, and three sources said the threat of violence was made during a phone call from an angry farmer.



5 years ago

Oil prices rise after U.S. crude stocks draw

Oil prices rose on Thursday following a drawdown in U.S. crude inventories, but gains in fuel inventories and persistent concerns over the global economy and future demand outlook capped gains.



5 years ago

Japan says gaps remain with U.S. on trade after 'very tough' talks

Japanese Economy Minister Toshimitsu Motegi said on Wednesday there were still gaps that needed to be filled before Tokyo and Washington could agree on a bilateral trade deal and that negotiations with his U.S. counterpart were "very tough."



5 years ago

Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China - sources

German auto maker Daimler AG plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to a document seen by Reuters and two sources familiar with the matter.



5 years ago

Asia shares sit still, await clarity on Fed policy

Asian shares went flat on Thursday as uncertainty over the outlook for both U.S. interest rates and the chance of global fiscal stimulus sucked the life out of markets.



5 years ago

Oil inches higher after U.S. crude stocks drawdown, economic worries weigh

Oil prices edged higher on Thursday after a drawdown in U.S. crude inventories, but lingering concerns over the global economy and a build-up in U.S. refined product stocks kept a lid on gains.



5 years ago

'Don't short a dull tape' – Old Wall Street adage may explain the stock market's comeback

Trading volumes this week are well below recent averages, and that means this comeback may be suspect.

5 years ago

Safe havens rise as recession concerns trigger easing bets

Traditional safe-havens including the Japanese yen and U.S. Treasuries were sought out on Tuesday even as there were signs that more economic stimulus was on its way, as traders focused on concerns over a global deceleration.



5 years ago