With more than $90 million in cash, the capital is available to support the development of the rich oil reserves offshore Senegal, an Australian company said. FAR Ltd., an Australian energy company and one of the early movers into West Africa, said two blocks offshore Gambia hold at least 1 ... Read More »

The ALS ice bucket challenge that went viral in 2014 helped fund the discovery of a gene linked to the neurodegenerative disease, a new paper published Wednesday indicates. Researchers identified the gene, called NEK1, as one of the most common genes connected to the disease. The discovery was funded by ... Read More »

Embattled Indian tycoon Vijay Mallya’s UB Group has denied allegations that it used 4.3 billion rupees ($65 million) of bank loans to now-defunct Kingfisher Airlines to buy property overseas. Mallya, a liquor baron and lawmaker, has been at an unknown location since March 2 after Kingfisher’s creditors stepped up pressure ... Read More »