[ad_1] Henry Kravis and George Roberts, whose sword-effect buyouts in the 1980s made them the face of the private equity industry, are stepping down as co-CEOs of KKR, the eponymous company that they founded in 1976. Long-time company co-chairs Scott Nuttall and Joe Bae will jointly take the helm, KKR announced Monday. Kravis and Roberts … Read more
[ad_1] Merck & Co. and its partner Ridgeback Biotherapeutics LP said on Monday they filed a request asking U.S. health regulators to clear their Covid-19 pill, the next step towards adding a long-sought-after drug for use to the House. The filing comes shortly after data from an advanced study showed that the antiviral drug, molnupiravir, … Read more
[ad_1] Tesla has officially launched its “larger version” of the full self-driving beta in the US, which is to slowly allow more owners to download based on their “safety score”. Tesla Full Self-Drive Beta Tesla’s Full Self-Driving Beta (FSD) allows Tesla vehicles to be driven virtually both on highways and on city streets by simply … Read more
[ad_1] Tesla has announced a new “Gigabeer” with a Cybertruck-inspired bottle that it plans to sell at its plant in Germany. From a farting machine inside Tesla vehicles to flamethrowers, Elon Musk had a lot of weird ideas that sounded like jokes but came true. In 2018, Musk mocked Tesla’s enemies with an April Fool’s … Read more
[ad_1] Evergrande woes hit Chinese real estate bonds | WION English News | Latest news from the world | World Business WatchWION Beyond Evergrande, China’s real estate market faces a $ 5,000 billion calculationThe Wall Street Journal Chinese real estate bonds plunge as Evergrande debt holders wait for coupon deadlineReuters Harbin among first Chinese cities … Read more
[ad_1] Vietnamese factories face worker exodus amid pandemicBloomberg Markets and Financials [ad_2] Source link
[ad_1] Find out what clicks on FoxBusiness.com. US equity futures fell as crude oil and natural gas prices continued their ascent. S&P 500 futures were down 0.2% and Dow Jones Industrial Average futures were down 0.1%. Contracts do not necessarily predict market movements after the opening bell. In Europe, the Stoxx Europe 600 meandered past … Read more
[ad_1] Text size Monday should be quiet on Wall Street in the midst of the Columbus Day holiday. Angela Weiss / AFP via Getty Images The stock market was mixed on Monday, with Columbus Day in the United States likely to be a quiet trading day, as Alibaba and Chinese tech stocks surged as investors … Read more
[ad_1] Modern Land is asking investors for more time to repay a $ 250 million bond, according to a company filed with the Hong Kong Stock Exchange on Monday. Payment was due October 25. Modern Land has said it wants to extend this deadline until the end of January, as it seeks to improve “liquidity … Read more
[ad_1] Oct. 11 (Reuters) – AstraZeneca’s (AZN.L) investigational drug COVID-19 helped reduce the risk of serious illness or death in an advanced study, the British drugmaker said on Monday, a boost to its efforts to develop coronavirus drugs beyond vaccines. The drug, a cocktail of two antibodies called AZD7442, reduced the risk of severe COVID-19 … Read more