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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.

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.

Corporate News 03 Aug 2020 | 6:02 PM

Rival drugmakers launch joint trial of medicines for Covid-19

RIVAL drugmakers AbbVie Inc, Amgen Inc and Takeda Pharmaceuticals Inc on Monday said they have begun treating patients in a trial to quickly show whether a drug from each company can be repurposed and used against COVID-19, the disease caused by the novel coronavirus.