Articles by Nish Amarnath

61-90 (out of 83)

Global Pharma Giants Feed On Smaller Biotech Makers

Bristol-Myers Squibbs' takeover of Amylin follows the trend of pharma companies that are acquiring biotech companies to benefit from growing medical needs, offset patent losses and boost their internal pipeline productivity.

This Time, Spain Won't Be Back In 10 Minutes

Europe's fourth-largest economy is putting millions of people out of work. This time, it won't be back in 10 minutes like the post-it notes of Spanish employees when they leave their desks for a half-hour coffee break every so often.

Bank Of England Cracks Down On Cheating Banks

The Bank of England (BoE) is cracking down on large financial institutions to prevent them from cheating businesses and consumers worldwide -- a practice that has put a $360 trillion global financial market at serious risk for several years.

Nomura To Slash Executive Pay In Wake of Insider Trading Scandal

Top Japanese securities firm Nomura Holdings, which has been caught in an insider trading scandal, will slash the compensation of its CEO, Kenichi Watanabe, and other top executives by as much as 50 percent for six months and lay off those involved in insider trading, the company said Friday.

Airbus Picks Alabama For First US Factory: Report

European airplane manufacturer Airbus SAS will build its first U.S. factory in Mobile, Ala., as it intensifies its competition with main rival, U.S.-based Boeing Co. (NYSE: BA), The Associated Press reported Thursday.

Barclays Settles Claims For $453M In Interest Rate Scandal

Barclays Plc (NYSE: BCS) agreed Wednesday to pay $453 million in fines to settle claims made by U.S. and UK. bank regulators and law enforcement agencies for the bank's alleged involvement in a scheme to manipulate two global benchmark interest rates.

Curt Schilling's Downfall; Investors Call His 38 Studios A Ponzi Scheme

Curt Schilling plummeted from riches to rags when his video-game outfit, 38 Studios, filed for Chapter 7 bankruptcy on June 7. The company's failure to raise funds from external investors crushed its cash flow, costing about 400 jobs and $75 million from taxpayers thanks to a loan guarantee from Rhode Island last year.

Is Europe Making Japan Unsafe For US Investors?

Japan's gaping trade shortfall with the EU could exacerbate its fiscal woes by worsening its debt situation and subjecting Japanese government bonds to rising yields in the face of mounting market fears and increasing skepticism among U.S investors.

RBI Rate Decision Pressures Delhi For Fiscal Action

The surprise decision Monday by the Reserve Bank of India to hold its interest rate steady because of inflation concerns puts fresh pressure on the ruling Congress Party to find a fiscal solution to the country's flagging economy.

Long-Term Unemployment, Increasing Poverty Plague UK

A tight squeeze on salaries of full-time employees, along with spending cuts and burgeoning levels of part-time employment and long-term unemployment, offsets the decline in overall unemployment, leading to a rise in the number of poor Britons.

US National Debt - 5 Times Greater Than The Government Admits

The IOU that is being laid on the doorsteps of U.S. taxpayers in the form of the national debt is far greater than most Americans realize. That's because the federal government does not report the true size of the national debt -- now nearly $80 trillion.

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EDITOR'S PICK

Japan, Britain And Italy To Build Joint Jet Fighter

Japan, Britain and Italy are merging their next-generation jet fighter projects in a ground-breaking partnership spanning Europe and Asia that is Japan's first major industrial defence collaboration beyond the United States since World War Two.