A Malaysian parliamentary inquiry on Thursday slammed the board of state fund 1MDB for being irresponsible and urged a probe into its former chief, but stopped short of implicating Prime Minister Najib Razak who was an advisor for the troubled firm. Parliament’s Public Accounts Committee (PAC) said senior management at ... Read More »
WASHINGTON, April 6 — Nearly 10 percent of the global population is living with type 1 or type 2 diabetes, according to a new report showing the number of people with the condition has more than quadrupled in the last 25 years. The World Health Organization released its Global Report ... Read More »
The city has been on a terror alert since Monday, following an advisory received from the Union Home Ministry on a possible terror strike by three men travelling in an explosive-laden car from the Punjab border towards Delhi, Mumbai and Goa. Senior Maharashtra officials said this was the sixth such ... Read More »
If 2015 was a dream year for Wall Street’s top dealmakers, 2016 is starting to take a nightmarish turn. Some of the mega transactions that had champagne corks popping in boardrooms are running into antitrust problems and, in the case of pharmaceutical firm Pfizer Inc’s (PFE.N) $160 billion takeover of ... Read More »
Two militants were killed in a gun battle with security forces in south Kashmir’s Shopian district early Thursday. “Two militants were killed in an encounter with security forces in the wee hours today,” a senior Army official said. “The operation is still underway,” the official said. [Source:- The Hindu ] Read More »
The dollar’s fall against the yen deepened on Thursday after minutes of the U.S. Federal Reserve’s most recent policy meeting offered little optimism over the state of global growth and the prospect of a rise in interest rates in June. The U.S. currency .DXY, hammered since late March by the ... Read More »
George Mason University in Virginia said its law school would be called the Antonin Scalia School of Law. The eagle-eyed immediately took to Twitter to point out that the acronym would be ASSoL. The university has since renamed it as the Antonin Scalia Law School. Image copyright@vijayprashad Image copyright@99percentsassy In ... Read More »
LOS ANGELES, April 6 — Researchers at the University of California Los Angeles created a platform to help doctors determine the right drugs and doses for patients based on their unique biological traits, according to a new study. The technological platform the researchers designed, Phenotypic Personalized Medicine, helped transplant doctors ... Read More »
With the banks outrightly rejecting two offers made by businessman Vijay Mallya towards payment of dues totally worth Rs. 9000 crore, the Supreme Court on Thursday ordered him to file an affidavit on oath disclosing all assets as on March 31, 2016 in India and abroad, not only in his ... Read More »
WEDNESDAY, April 6, 2016 — The Obama administration is shifting $589 million in funding to prepare for likely outbreaks of Zika virus in the United States during the upcoming mosquito season, senior officials announced Wednesday. The money includes $510 million originally intended for fighting the Ebola virus, which officials said ... Read More »
Global distressed asset buyers such as JC Flowers & Co and Apollo Global are flocking to India, where banks have been ordered to clean up an estimated $120 billion of bad and troubled loans. Bad loans at Indian banks jumped by nearly a third to around 4 trillion rupees ($60.3 ... Read More »
