KKR raises $19 billion for flagship North America private equity fund
Buyout firm KKR & Co Inc (KKR.N) said on Monday it has raised $19 billion from investors for its latest flagship North America private equity fund, its biggest fund ever.
Singapore announces 2022 budget proposals
Following are some excerpts taken from Singapore’s 2022 budget proposals announced by Finance Minister Lawrence Wong to parliament on Friday.
Striking Kellogg workers could return after Christmas as tentative deal reached
Kellogg Co (K.N) and the union representing striking workers at its U.S. breakfast cereal plants have reached a tentative agreement on a new five-year contract that could pave the way for the employees to return to work two days after Christmas.
Exclusive: EU antitrust regulator seeks input on Microsoft’s Nuance deal
EU’s antitrust regulator is taking a deeper look into Microsoft Corp’s (MSFT.O) $16 billion deal for transcription technology company Nuance Communications Inc (NUAN.O), asking customers and competitors to draw up a list of concerns, according to a questionnaire from last month seen by Reuters.
Takeda eyes vaccine business growth as dengue, COVID-19 shots progress – CEO
akeda Pharmaceutical Co (4502.T), which distributes Moderna Inc’s (MRNA.O) COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said.
Former Novartis Executive Joins Lonza as its new Chief Financial Officer!
Lonza has appointed former Novartis executive Philippe Deecke as its new Chief Financial Officer, the Swiss chemicals company said on Thursday. Deecke, who was previously Global CFO for Novartis Oncology, will replace Rodolfo Savitzky, who is leaving Lonza for a role at another company. Deecke will join Lonza on Dec. 1. Prior to joining Novartis Oncology, […]
Kroger plans for 1 million Covid-19 booster shots a week, including in nursing homes
U.S. grocery chain Kroger Co (KR.N) is gearing up to administer 1 million COVID-19 booster shots a week once they are available to the general public, and plans to offer vaccines in nursing homes for those who cannot go to its stores.
Wall Street slumps after weak retail sales, Home Depot results
Wall Street’s main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a month, weighed down by a drop in U.S. retail sales that raised concerns about the economic recovery, as well as by disappointing results from Home Depot (HD.N).
Buffett’s Berkshire pares drug holdings, sheds Axalta, Biogen
Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Monday it trimmed or eliminated its stakes in several pharmaceutical companies, and reported a small new stake in a Merck & Co (MRK.N) spinoff, Organon & Co (OGN.N).
S&P 500, Dow hit record highs as defensive shares shine
The benchmark S&P 500 and the Dow industrials hit record highs on Monday as investors moved into defensive sectors and stocks recovered from losses earlier in the session, shaking off glum economic data out of China.
