KRTL BioTech

Latest News on private equity markets

'Wolf of Wall Street' producer charged with 1MDB money laundering in Malaysia

Malaysia on Friday charged one of the "Wolf of Wall Street" film producers, and stepson of former prime minister Najib Razak, with money laundering, alleging he misappropriated $248 million linked to state fund 1Malaysia Development Berhad (1MDB).



5 years ago

Zalando to build Rotterdam warehouse to serve western Europe

Zalando , Europe's leading online fashion retailer, said it would build a 140,000 square meter warehouse near the Dutch port of Rotterdam to serve its customers in the Benelux countries, France, Spain and the United Kingdom.



5 years ago

In Brexit Britain, battling home lenders chase risk and pensioners

The framed coat of arms hanging in the headquarters of the Hanley Economic Building Society in Stoke-on-Trent depicts two squirrels in ermine robes above the motto 'Save Safely, Build Surely', which the mortgage lender's customers have duly done for over 150 years.



5 years ago

Stocks rally on bets of Fed rate cuts; euro wobbles

Asian stocks advanced on Thursday, tracking solid gains on Wall Street as weak economic data in the United States bolstered the prospect of rate cuts by the Federal Reserve as soon as this month.



5 years ago

Samsung in hot water over splashy Australian phone ads

Australia's consumer watchdog has sued Samsung Electronics Co Ltd's Australian unit for allegedly misleading consumers by promoting water-resistant Galaxy smartphones as suitable to use in swimming pools and the surf.



5 years ago

China says existing U.S. tariffs must be removed for a trade deal

Existing U.S. tariffs will have to be removed if there is to be a trade deal between Beijing and Washington, China's commerce ministry said on Thursday.



5 years ago

Superdry moves to fill boardroom seats after Dunkerton's bruising battle

Superdry has appointed former finance heads of M&S and New Look to its board, months after the UK fashion retailer's founder Julian Dunkerton rejoined after a bruising boardroom battle that saw most of its directors leave.



5 years ago

William Hill to shut 700 offices putting 4,500 jobs at risk

Gambling company William Hill Plc said it plans to shut 700 licensed betting offices, putting about 4,500 jobs at risk after Britain put a cap on fixed odds betting terminals.



5 years ago

Oil prices fall on signs of slowing U.S. demand, economic concerns

Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.



5 years ago

BMW and Daimler team up to develop automated driving technology

BMW and Daimler have entered into a long-term development partnership for automated driving involving 1,200 technicians from both companies, BMW said on Thursday.



5 years ago

Collapsing bond yields drive world stocks to new highs

Government bonds held near multi-year lows on Thursday on bets the U.S. Federal Reserve would cut interest rates this month and that other major central banks would embrace looser monetary policy, pushing world stocks to new 18-month highs.



5 years ago

South Korea says may retaliate against Japan high-tech export curbs

South Korea said on Thursday it may retaliate against Japan's latest export limits on high-tech materials, as a row over forced wartime labor threatened to disrupt global supplies of memory chips and smartphones.



5 years ago

William Hill to shut 700 betting shops in blow to British jobs

William Hill plans to close 700 of its 2,300 British betting shops, putting about 4,500 jobs, a third of its workforce, at risk after the government cut the maximum stake on fixed-odds betting terminals to tackle problem gambling.



5 years ago

BMW and Daimler team up on automated driving

Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers forced to pool their development resources at a time of shrinking margins.



5 years ago

Collapsing bond yields push world stocks to new highs

Government bonds held near multi-year lows on Thursday on bets the U.S. Federal Reserve would cut interest rates this month and that other major central banks would embrace looser monetary policy, pushing world stocks to new 18-month highs.



5 years ago