India’s demonetized currency may have found its way back into the system but analysts suggest that far from tarnishing Prime Minister Narendra Modi‘s image, the strategy will ultimately viewed as a success. “It’s important to remember that the demonetization move was intended more as a political move than as an economic one,” noted New York-based […]
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Drugmaker Indivior slumps 38% as it suffers setback in US patents ruling
Indivior said on Friday it would appeal against a U.S. court ruling that generic drug maker Dr Reddy’s had not infringed its patents, potentially opening the way to a rival to the firm’s Suboxone Film opioid addiction treatment. London-listed Indivior has said it would not be able to rely on patents to prevent Dr. Reddy’s […]
Read moreThe United States has told Russia to close its consulate in San Francisco and buildings in Washington and New York that house trade missions, the State Department said on Thursday, in retaliation for Moscow cutting the U.S. diplomatic presence in Russia. The announcement was the latest in tit-for-tat measures between the two countries that have […]
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Putin says pressure on North Korea is both 'futile' and a 'dead-end road'
Russian President Vladimir Putin urged the U.S. and others to avoid going down a “dead-end road” with North Korea on Friday, adding only dialogue without pre-conditions could resolve the crisis. “Russia believes that the policy of putting pressure on Pyongyang to stop its nuclear missile program is misguided and futile,” Putin said in an article […]
Read moreThe European Central Bank has a big problem in its hands and it originates from the United States, a former president of the central bank told CNBC Friday. The growing strength of the euro – which recently broke the $1.20 benchmark – is raising questions about the future of monetary policy in Europe. It’s the […]
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European markets to open slightly higher as investors await key data
European markets are expected to start trade mixed to slightly higher on Friday morning, as investors gear up for more data releases, while taking note of the positive trading seen overseas. The U.K.’s FTSE 100 is expected to open 4 points lower at 7,426, while the German DAX is set to start on a positive […]
Read moreA senior administration official says President Donald Trump has prepared a request to Congress for an initial $5.9 billion package in Harvey recovery aid. The official says the White House proposal, which is not final, would make sure there’s plenty of money available for immediate recovery efforts over the next several weeks. The White House […]
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ANGLERS love a record catch. Fish farmers, too. So when a salmon bred and raised near this village at the head of a Norwegian fjord was pulled out of captivity earlier this year weighing a sumo-sized 17kg, it was cause for jubilation. “It was fantastic,” says Einar Wathne, head of aquaculture at Cargill, the world’s […]
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LOFTILY as they may disdain the profit motive, Britain’s judges are, on a national level, money-spinners. English law is often specified as the one under which commercial contracts are to be interpreted and enforced. And disputes often end up being heard in British courts. But, like any business, the law is competitive, and other jurisdictions […]
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MONDAY is “Game of Thrones” night at The Collective’s Old Oak building. Millennials congregate in TV rooms around the 11-storey, 550-person block. Some gather at the cinema, lounging on bean bags decorated with old graphics from Life magazine. Nothing gets residents out of their rooms like the hit TV show. This is not a […]
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