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Business 11 Aug 2020 | 7:00 AM

Vietnam refinery processes first batch of Sokol crude

HANOI: Vietnam’s Dung Quat oil refinery has processed its first batch of Russian Sokol crude oil on a trial basis, as it seeks a replacement for shrinking domestic Bach Ho output, its operator Binh Son Refining and Petrochemical said.

Forex 12 Aug 2020 | 7:00 AM

Ex-Citi London forex trader wins unfair dismissal case

LONDON: A former top currency trader has won an unfair dismissal case against Citigroup Inc, but cannot expect to return to his job after the London employment tribunal ruling, the Financial Times reported.

Corporate News 12 Aug 2020 | 7:00 AM

Bayer strikes US$875mil deal to buy women’s health biotech firm

FRANKFURT: Bayer AG struck an US$875mil deal to acquire British women’s health biotech Kandy Therapeutics Ltd in a move to expand its pharmaceuticals division before the expiration of patents on existing medicines.