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Pfizer scraps insulin deal with India's Biocon CNBC.com MUMBAI - Pfizer, the world's largest drugmaker, has scrapped a deal to sell insulin products made by Biocon Ltd, leaving India's biggest biotech company without a partner to sell a key profit-driver in global markets. See all stories on this topic » |
Gold Advances With Equities Before Federal Reserve Meeting, Greek Bailout Bloomberg Gold climbed for the fourth time in five days, gaining alongside equities and commodities before a Federal Open Market Committee meeting and as Greece prepares to receive a second bailout. Platinum neared parity with gold. Spot gold gained 0.2 percent ... See all stories on this topic » |
Japan Sets up $12 Billion Program for Dollar Loans, Increases Growth Fund Bloomberg The Bank of Japan (8301) added a 1 trillion yen ($12 billion) program for loans denominated in US dollars and is expanding its venture-capital style domestic fund by 500 billion yen. Governor Masaaki Shirakawa and his board members kept the benchmark ... See all stories on this topic » |
Euro Finance Chiefs Give Political Backing to $170 Billion Greek Aid Plan BusinessWeek By Rebecca Christie and Marcus Bensasson on March 12, 2012 Euro-area finance ministers signed off on a second Greek bailout, clearing the way for the first payment from the 130 billion-euro package ($170 billion) to be made this month. See all stories on this topic » |
Iran Oil Power Declining as Explorers Increase Spending: Energy BusinessWeek By Ayesha Daya, Brian Swint and Rakteem Katakey on March 12, 2012 The Iran-driven run in oil prices to the highest since 2008 masks the Middle East producer's diminishing importance to global oil supplies as record spending on drilling unearths ... See all stories on this topic » |
Hong Kong shares poised for 4th straight gain, China also up Reuters (Update to midday) * HSI climbs 1.3 pct, Shanghai Comp up 0.3 pct * Weak turnover in recovery from last week's slide * Macau gaming strong after Deutsche sector upgrade * Longfor, Golden Eagle strong after earnings overwhelm By Clement Tan HONG KONG, ... See all stories on this topic » |
Fed to Test 19 Banks' Capital Against Recession Scenario BusinessWeek By Craig Torres on March 12, 2012 The Federal Reserve will show how the capital of 19 US banks might fare through a deep recession and a second housing crisis when they unveil stress-test results in three days. The tests will show results for revenues, ... See all stories on this topic » |
Singapore Ranks First in Asia for Competitiveness, Economist Survey Shows BusinessWeek By Kyunghee Park on March 12, 2012 Singapore is Asia's most competitive city in attracting businesses, efficiency and promoting a clean environment, according to an Economist Intelligence Unit report commissioned by Citigroup Inc. (C) The island, ... See all stories on this topic » |
NHTSA expands probe of stuck throttles to 1.9M Ford vehicles The Detroit News By David Shepardson Washington— The National Highway Traffic Safety Administration said Monday it is expanding its investigation into stuck throttles in another 1.56 million Ford Motor Co. vehicles. On Sunday, NHTSA said it's opening a preliminary ... See all stories on this topic » |
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Brent rebounds towards $126 ahead of Fed meet Reuters By Florence Tan | SINGAPORE (Reuters) - Brent crude rebounded towards $126 on Tuesday as investors awaited comments from the US central bank after the outlook improved for the world's largest economy amid simmering tension between the West and Iran ... See all stories on this topic » |
China high-speed railway section reportedly collapses, reviving safety fears ... Washington Post SHANGHAI — Part of a high-speed railway line collapsed in central China following heavy rains, state media reported, jolting railroad shares and reviving worries over safety. About 7 kilometers (4 1/2 miles) of track were being removed after it sank at ... See all stories on this topic » |
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Dollar On The Verge Of True Bull Trend As Market Awaits Fed On QE3 TheStreet.com By DailyFX 03/12/12 - 11:45 PM EDT By John Kicklighter, Currency Strategist The US dollar made a lackluster attempt at the start of this week to revive Friday's momentum and carry the currency to a critical breakout. See all stories on this topic » |
Fed seen biding time, assessing jobs gains Reuters * Few clues on future policy expected from Tuesday meeting * Weak growth, stronger labor market confuse picture * Wall Street still betting on additional bond purchases By Mark Felsenthal WASHINGTON, March 13 (Reuters) - The US Federal Reserve on ... See all stories on this topic » |
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California Probe Finds PG&E Pipeline Record-Keeping 'Sub-Standard' Fox Business California regulators issued final reports Monday from two probes that found PG&E Corp.'s (PCG) record-keeping prior to a fatal 2010 pipeline explosion was 'substandard' and didn't comply with federal guidelines and state rules. See all stories on this topic » |
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Slow Refunds Rile Taxpayers Wall Street Journal By JOHN D. MCKINNON The Internal Revenue Service's efforts to combat a surge in identity theft are yielding success but also a side effect: delayed tax refunds for many legitimate filers. Taxpayer anger is rising over IRS delays in processing refunds ... See all stories on this topic » |