Enlarge image Karachi Wholesale Drug Market Laborers transport goods in a wholesale drug market in Karachi. Laborers transport goods in a wholesale drug market in Karachi. Photographer: Asim Hafeez/Bloomberg Enlarge image Pakistan Plans Drug Agency as Spurious Drugs Take Lives A packet of AGP (Private) Ltd.'s Zyrtec pills, left, sits alongside a counterfeit product in this arranged photo in Karachi. A packet of AGP (Private) Ltd.'s Zyrtec pills, left, sits alongside a counterfeit product in this arranged photo in Karachi. Photographer: Asim Hafeez/Bloomberg Enlarge image Pakistan Plans Drug Agency as Spurious Drugs Take Live A packet of Pfizer Inc.'s Lipitor, bottom, sits underneath a counterfeit product in this arranged photo in Karachi. A packet of Pfizer Inc.'s Lipitor, bottom, sits underneath a counterfeit product in ... Continue reading →
Man of mystery ... Peter Drake. Photo: Sharyn Rosewarne The scene was the Grand Ballroom of the Rydges Hotel, at Sydney's World Square, a venue considerably grander by name than by nature. The occasion: the meeting of the LM First Mortgage Income Fund where unitholders gathered in utter dismay at how their fees were still going through the roof while their life savings remained frozen. They were also there to vote on a change to their fund’s constitution, a change which might finally permit them to escape from this gruesome investment with a few meagre dollars still intact. Advertisement: Story continues below Alas, they were further dismayed to find that the meeting had somehow suddenly become non-binding. This was now a meeting about a meeting. ... Continue reading →
Facebook IPO Said to Meet Weaker-Than-Expected Investor Demand By Serena Saitto, Jeffrey McCracken and Zijing Wu - Thu May 10 23:05:31 GMT 2012 Enlarge image Facebook IPO Said to Meet Weaker-Than-Expected Demand A Facebook Inc. IPO announcement flag flies outside of JPMorgan Chase & Co. headquarters in New York on May 4, 2012. A Facebook Inc. IPO announcement flag flies outside of JPMorgan Chase & Co. headquarters in New York on May 4, 2012. Photographer: Peter Foley/Bloomberg Facebook Inc. (FB)’s initial public offering has so far generated lower-than-expected demand from institutional investors who are concerned about the company’s growth prospects, people with knowledge of the matter said. Some investors expressed reluctance after Facebook said on May 9 that advertising growth hasn’t kept pace with the ... Continue reading →
Vodafone Said to Be Near Deal to Buy Cable & Wireless By Matthew Campbell and Jonathan Browning - Sun Apr 22 19:40:55 GMT 2012 Enlarge image Vodafone Said to Near Agreement to Acquire Cable & Wireless A sign stands outside the headquarters of Cable & Wireless Worldwide Plc in Bracknell, U.K., on April 19, 2012. A sign stands outside the headquarters of Cable & Wireless Worldwide Plc in Bracknell, U.K., on April 19, 2012. Photographer: Simon Dawson/Bloomberg Vodafone Group Plc (VOD) is nearing an agreement to acquire Cable & Wireless Worldwide Plc (CW/), adding a U.K. fixed-line network to its mobile-phone system, according to people familiar with the situation. The world’s largest wireless operator is offering between 35 pence and 39 pence a share, the ... Continue reading →
Ramsey’s struggles are ironic given the fact that Sky Sports has just started a seven-year deal channel-sharing deal with the BBC to cover Formula One in the UK. It is understood that neither BBC Sport nor Sky Sports will address the off-track issues in Bahrain in their coverage this weekend, with BBC News and Sky News to cover that angle. Assuming they can get in, of course. Nicholas Kristof, The New York Times columnist and two-time Pulitzer prize-winner, has frequently complained on Twitter of his problems getting a visa for Bahrain. The issue of news journalists being unable to get into the country came as Labour MP and veteran human rights campaigner Ann Clwyd (Cynon Valley) raised the issue of the race in the House ... Continue reading →