WHILE there is consensus that the public listing of the Kingdom of Saudi Arabia's crown jewel, Saudi Aramco, could very likely be the biggest the world has ever seen, valuations of the state-owned oil company vary widely. Some have put forward a (...)
Assad regime against the Kingdom, while they praised a regime that is used to kill its citizens and destroy their cities within a campaign of fabrications aiming to distort of the Saudi positions.
On Yemen, Alwatan reported that Yemen is the (...)
Central banking chiefs and regulators from 27
of the world's leading economies agreed on tougher new rules for the
running of banks Sunday, in a bid to make the industry more resistant
to crises, the German Press Agency dpa learned from informed (...)
Global regulators, aiming to prevent any repeat of the international credit crisis, agreed on Sunday to force banks to more than triple the amount of top-quality capital they must hold in reserve, according to Reuters.
The biggest change to global (...)
Swiss drugmaker Roche stuck to its full-year guidance on Thursday, offering some reassurance for investors after a grim week for its blockbuster cancer drug Avastin, according to Reuters.
Once regarded as the darling of the pharmaceuticals (...)
The gross market value for all over-the-counter
(OTC) market derivatives together declined by 15 per cent in the
second half of 2009, according to a study released late today by the
Bank for International Settlements, according to dpa.
The (...)
Swiss pharmaceutical company Novartis AG said today it has received regulatory approval in Switzerland for a swine flu vaccine produced using cell cultures instead of egg-based methods, according to AP.
The company last week received its first (...)
Roche Holding on Monday said it
was offering US$43.7 billion to take over the remaining
shares of Genentech Inc.
Roche, which already owns 55.9 percent of the San
Francisco-based drug maker, said it was offering US$89 per
share, 8.8 percent (...)
India propaganda and facilitating the terrorists, said a Pakistan Foreign Ministry statement.
Pakistan missions abroad conduct themselves strictly in accordance with the established diplomatic norms, the statement said.
It added Pakistan missions (...)