Archives

Ranbaxy sues Actavis over the production of a generic version of Absorica

A suit was filed in New Jersey District Court against Actavis by Ranbaxy Laboratories for its attempt to produce a generic version of Absorica.


The Abraaj Group exits from Opalia Pharmaceuticals

The Abraaj Group sells its shares in Opalia Pharmaceuticals to Recordati. The Abraaj Group of Dubai recently announced it full exit from Opalia Pharma of Tunisia.

Observers worry about bloated valuation of Twitter

Not many industry observers were convinced that Twitter could support its hyped company valuation pre-IPO.

IDB invests in Saudi Arabian cheese industry

The IDB investment in Saudi Arabia's cheese industry includes the acquisition of shareholdings and the construction of a cheese factory.


Latest News

Hoteliers in UAE are in conflict as to the recommendation to impose a price ceiling on hotel rates. A hotelier in Dubai had called for the UAE tourism authority to introduce a ceiling on hotel rates to control the market.
Warburg Pincus sold its ownership stake in Transpacific Industries Group at AUD1.05 per share. On Saturday, a Transpacific Industries Group spokesperson said the shareholder Warburg Pincus would be selling its stake in the waste management firm through UBS.
NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
Diwali, the Indian festival of lights, have caused Indians to loosen purse strings despite high inflation.
WalMart, Sears, Macy's and other retailers are now doing their best to increase sales for the coming Christmas season.
Daylight Savings Time was meant to conserve energy, but it creates more losses in the US economy. WIth temperatures falling and landscapes needing less tending, these are the reminders that daylight savings time would be coming to an end by Sunday.
A lukewarm response was the tone for the launch of the newest iPad version, the iPad Air. It had become commonplace that droves of loyalists and enthusiasts would await the launch of the latest Apple product to the market.
Upon entry into Terminal 3, Paul Ciancia asked people if they were TSA before opening fire on them. According to news reports, the suspect had entered Terminal 3 wearing camouflage outfit and at around 9:20 am local time, had opened fire into the passenger area.
The initial public offering of Chegg was highly anticipated by the technology community following its impressive growth
Investor hype had been observed in recent initial public offerings. In a report by USA Today, investors were seen in a frenzy to invest into everything that has a ticker symbol.