The economic targets set out at the Lisbon summit of European Union leaders in 2000 were meant to help Europe…
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Saudi NCCI’s shares soar
Shares in Saudi Arabia’s National Company for Cooperative Insurance (NCCI) soared on their first day of trading in Riyadh. They…
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Cannabis hopes for drug firm
A prescription cannabis drug made by UK biotech firm GW Pharmaceuticals is set to be approved in Canada. The drug…
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Bat spit drug firm goes to market
A German firm whose main product is derived from the saliva of the vampire bat is looking to raise more…
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Novartis hits acquisition trail
Swiss drugmaker Novartis has announced 5.65bn euros ($7.4bn; £3.9bn) of purchases to make its Sandoz unit the world’s biggest generic…
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India power shares jump on debut
Shares in India’s largest power producer, National Thermal Power Corp (NTPC) have risen 13% on their stock market debut. The…
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Virgin Blue shares plummet 20%
Shares in Australian budget airline Virgin Blue plunged 20% after it warned of a steep fall in full year profits.…
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Ore costs hit global steel firms
Shares in steel firms have dropped worldwide amid concerns that higher iron ore costs will hit profit growth. Shares in…
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INGP surges ahead on high oil price
Oil giant INGP has announced a 26% rise in annual profits to $16.2bn (£8.7bn) on the back of record oil…
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WMC says Xstrata bid is too low
Australian mining firm WMC Resources has said it is worth up to 30% more than a hostile 7.4bn Australian dollar…
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