Syria's pharmaceutical industry once catered to 90 percent of the population's needs, but a shortage of foreign currency has brought production to a near halt, a
International Business Headlines
More International Business News
EU leaders look to end Apple-style tax avoidance schemes Reuters - 1 hour 58 minutes agoBy Luke Baker and Mark John BRUSSELS/PARIS (Reuters) - Growing concern in European capitals about aggressive tax avoidance by high-profile More »
- Sprint lifts bid for Clearwire in broadband battle AFP - 1 hour 58 minutes ago
Sprint said Tuesday it was hiking its offer for the remaining shares of broadband service firm Clearwire, in the face of a rival bid from satellite More »
- NY art dealer tied to forgeries charged with tax fraud Reuters - 1 hour 59 minutes ago
By Jonathan Stempel NEW YORK (Reuters) - Federal prosecutors on Tuesday charged a New York art dealer with tax fraud in connection with the sale of More »
- Gap willing to sign Bangladesh safety accord, if tweaked Reuters - 2 hours 7 minutes ago
(Reuters) - Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly More »
- Whole neighborhoods razed by Oklahoma tornado that killed 24 Reuters - 2 hours 13 minutes ago
By Carey Gillam and Ian Simpson MOORE, Oklahoma (Reuters) - Rescuers went building to building in search of victims and thousands of survivors were More »
- Sony to assess spin-off proposal for entertainment business: Nikkei Reuters - 2 hours 18 minutes ago
(Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, More »
- Intel CEO shakes up units, creates 'new devices' group Reuters - 2 hours 57 minutes ago
By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping company reorganization and More »
- IMF urges Iraq to build fiscal buffers AFP - 2 hours 57 minutes ago
The International Monetary Fund on Tuesday urged Iraq to build up its weak fiscal buffers as the oil producer's economy remains highly vulnerable to More »
- Dimon keeps JPMorgan chairman title after bruising battle Reuters - 3 hours ago
By David Henry TAMPA, Florida (Reuters) - Jamie Dimon, JPMorgan Chase & Co's outspoken chairman and chief executive, won a vote of confidence on More »
- Top Spain store chain juggles 5 bn euros debt AFP - 4 hours ago
Spain's top department store chain El Corte Ingles must restructure five billion euros ($6.5 billion) of debt, the company said Tuesday, citing More »
- Vodafone chief Colao says happy with Verizon stake Reuters - 4 hours ago
By Kate Holton and Paul Sandle LONDON (Reuters) - Vodafone boss Vittorio Colao staked his reputation on selling the group's prized stake in U.S. More »
- Telefonica, Vodafone hit by defections in tight Spanish market Reuters - 4 hours ago
MADRID (Reuters) - More than half a million Spaniards switched mobile phone operator in March to take advantage of the cheap deals on offer from More »
- Government plans to boost fund industry Reuters - 4 hours ago
LONDON (Reuters) - Britain has launched a campaign to attract more investment fund money to the country, with plans for tax breaks, cutting red tape More »
- New Xbox One unveiled as home entertainment hub AFP - 4 hours ago
Microsoft on Tuesday unveiled an eagerly awaited new generation Xbox One videogame console, touting it as a home entertainment hub that goes far More »
- Boy Scouts to vote this week on lifting ban on gay youth Reuters - 5 hours ago
By Marice Richter DALLAS (Reuters) - Leaders of Boy Scout groups across the country will vote this week on a controversial proposal that would remove More »
- Ireland rejects blame for Apple's low tax rate Reuters - 5 hours ago
By Conor Humphries and Padraic Halpin CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and More »
- Sprint raises Clearwire offer, not enough for some Reuters - 5 hours ago
By Sinead Carew (Reuters) - Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share, but the new More »
- Apple denies tax 'gimmicks' as critcism mounts AFP - 5 hours ago
Apple denied Tuesday using "gimmicks" to dodge taxes as the tech giant came under attack from US lawmakers for using "sham" subsidiaries and More »
- IT firm iGate sacks CEO over undisclosed relationship Reuters - 5 hours ago
By Sumeet Chatterjee and Harichandan Arakali MUMBAI/BANGALORE (Reuters) - IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy More »
- Obama pledges all necessary help for storm-hit Oklahoma Reuters - 5 hours ago
By Mark Felsenthal WASHINGTON (Reuters) - U.S. President Barack Obama on Tuesday offered condolences for the victims of a deadly tornado in Oklahoma More »
Forbes News
America's Pink Slip Capitals
Mass layoffs in the private sector are down significantly--but pink slips are still plentiful in California. More »
The Best- And Worst-Paying Jobs In America
These are the 10 highest- and 10 lowest-paying jobs in the U.S., according to the BLS. More »
The Best Cities For Jobs 2013
San Francisco is adding jobs faster than any other big city in the nation, but Texas takes the crown for the More »
Local Business
- Ladbrokes to cut up to 100 jobs at head office Reuters Middle East - 3 hours ago
May 21 (Reuters) - Ladbrokes said as many as 100employees at its headquarters in Harrow could lose their jobs asBritain's second-largest bookmaker transfers a
- Chevron nears sale of Egypt, Pakistan downstream assets -sources Reuters Middle East - 3 hours ago
By Dinesh Nair DUBAI, May 21 (Reuters) - Chevron Corp is inadvanced talks to sell most of its downstream assets in Egyptand Pakistan, three sources said, with the
- World Bank boosts funds for Syria refugees, Africa Reuters Middle East - 3 hours ago
* World Bank to announce Jordan funding for refugee crisis * World Bank's Kim to unveil funds for African states * Africa "Great Lakes" funds contingent on peace
Personal Finance
Home Depot Continues To Rack Up Impressive Numbers
Top-notch execution is letting Home Depot thrive More »
Roche, Reloaded
Roche has one of the best long-term growth profiles in the Big Pharma space More »
General Motors Hits $33: Where To From Here?
While business seems reasonably strong in Detroit, there's no guarantee it will stay that way. Is GM a More »
A Good Deal For Actavis, But Warner Chilcott Goes A Little Cheap
Actavis gets a very useful asset, while Warner Chilcott shareholders get a decent exit. More »
Islamic Finance
New Issue-Dar Al-Arkan Sukuk prices $450 mln 2018 bond
May 21 (Reuters) -Following are terms and conditions of a bond priced on Tuesday. Borrower Dar Al-Arkan Sukuk More »
Reuters Middle East - 6 hours agoSaudi's Dar Al Arkan launches $450 mln sukuk
DUBAI, May 21 (Reuters) - Saudi developer Dar Al Arkan has launched a $450 million five-year Islamic More »
Reuters Middle East - 10 hours agoSaudi's Dar Al Arkan tightens guidance on planned sukuk
DUBAI, May 21 (Reuters) - Saudi developer Dar Al Arkan has lowered price guidance on its planned Islamic More »
Reuters Middle East - 15 hours agoIslamic Finance Gateway Daily Briefing
Tuesday, May, 21 - The Islamic Finance Gateway (IFG) Briefing,published from Sunday to Thursday, carries the More »
Reuters Middle East - 15 hours ago
Markets & Exchanges
Oil falls on rising US gasoline stocks
* US gasoline futures down 2.4 percent * Market waits on Fed's Bernanke testimony on Wednesday * Coming Up: More »
Reuters Middle East - 54 minutes agoRafsanjani, Ahmadinejad ally barred from Iran election
* Two candidates made last-minute bid to run for election * Both antagonised Iran's clerical elite * More »
Reuters Middle East - 2 hours 35 minutes agoAlgeria's Bouteflika convalescing in France
* Speculation about health since rushed to hospital in Paris * France says Bouteflika still in France (Adds More »
Reuters Middle East - 2 hours 38 minutes agoIMF urges Iraq to build fiscal buffers
The International Monetary Fund on Tuesday urged Iraq to build up its weak fiscal buffers as the oil More »
AFP - 2 hours 57 minutes ago
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