Swiss drugs industry supplier Lonza will manufacture a number of drug compounds for Britain's GlaxoSmithKline, in a sign demand for the Swiss group's products is recovering.
Read more »Lonza signs manufacturing deal with Glaxo
http://economictimes.indiatimes.com –
PM calls for CCS meet to discuss Kashmir crisis
http://economictimes.indiatimes.com –
The Prime Minister, Dr Manmohan Singh will convene the Cabinet Committee on Security meet to discuss the current crisis prevailing in the Kashmir valley.
Read more »'Deflation as unlikely as high inflation'
http://economictimes.indiatimes.com –
Deflation in the euro zone is as unlikely as strong inflation, ECB Governing Council member Guy Quaden said in a joint newspaper interview published on Wednesday.
Read more »Subhash Yadav to desert Lalu, join Congress?
http://economictimes.indiatimes.com –
Rashtriya Janata Dal (RJD) chief Lalu Prasad's brother-in-law Subhash Yadav is likely to desert him and join the Congress ahead of the Bihar assembly elections in October-November, party sources said.
Read more »Dubai may sell assets, issue bonds to pay debt
http://economictimes.indiatimes.com –
Dubai may have to step up asset sales and govt borrowing as a heavy debt repayment schedule puts pressure on the govt.
Read more »Obama economic moves likely too little, too late
http://economictimes.indiatimes.com –
President Barack Obama is proposing a flury of economic measures but may be doing too little, too late to fend off a huge Republican wave in November congressional elections.
Read more »BP probe to spread blame for spill: Report
http://economictimes.indiatimes.com –
BP Plc's internal probe of the Gulf of Mexico oil spill will assign blame to BP as well as other companies.
Read more »'Cellphone market growing faster than expected'
http://economictimes.indiatimes.com –
Research firm IDC raised its cellphone market growth forecasts due to strong demand for new smartphones like Apple's iPhone 4.
Read more »RBI mulls deregulation of interest rate on savings
http://economictimes.indiatimes.com –
The Reserve Bank said it will soon set up a working group to examine the possibility of deregulation of interest rates on savings account.
Read more »Lenovo to launch tablet PC later this year
http://economictimes.indiatimes.com –
Lenovo Group plans to launch a tablet computer in China later this year, joining its rivals and handset vendors chasing after the success of Apple Inc's iPad.
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