Sunday , April 23 2017

International News

Samsung BioLogics in talks for 15 pharma contracts

Samsung BioLogics in talks for 15 contracts amid pharma boom copy

  Bloomberg Samsung BioLogics Co., an arm of South Korea’s biggest conglomerate, said it is in negotiations to manufacture drugs for more than 15 international pharmaceutical companies as it tries to expand in the growing industry for complex biologic medicines. The talks mostly involve US and European firms, Chief Executive ...

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‘China should open service sector to boost trade flows’


  Bloomberg China should open up its services sector to ease trade tensions with the US and bolster global trade, according to a senior official from the International Monetary Fund. The medical, health, legal and financial services sectors are among areas that could be liberalized, Changyong Rhee, the Asia-Pacific director ...

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Trump’s infrastructure plan a boon for iron ore

26 July, 2006 - PIC: JACK ATLEY/ BLOOMBERG NEWS - STORY:  RIO TINTO - PIC SHOWS: A Rio Tinto bucket wheel reclaimer is seen shoveling Iron Ore at port in Karatha in north Western Australia, Australia, Wednesday 26 July, 2006. Photographer: Jack Atley/Bloomberg News.

  Bloomberg US President Donald Trump’s plan to upgrade the nation’s roads, ports and bridges will drive demand for steel and support iron ore prices, Australia’s Finance Minister Mathias Cormann said. “The US and the Trump administration has put out a very ambitious infrastructure investment program” and the steel will ...

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Wage growth in east, central Europe shows upward trend

GM is hosting the first Suppliers’ Partnership for the Environment Southern Network forum at its Spring Hill, Tenn. Complex to discuss waste-reduction challenges, recycling opportunities and capabilities. The event is the first step in helping increase waste-treatment options and alternatives to landfilling in the Southeast United States to benefit companies of all industries.

  Bloomberg Central and eastern Europe has long been considered a relatively cheap manufacturing hub to make sophisticated products like cars and electronics goods at a fraction of what it would cost in the West. Accelerating salary growth may now be changing that perception. Average nominal wages rose 10.7 percent ...

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Euro-area recovery broadens with strongest growth in 6 years

  Bloomberg Euro-area economic momentum accelerated to its fastest pace in six years, with France unexpectedly outperforming Germany in a strong start to the second quarter that suggests the recovery is broadening. France’s composite Purchasing Managers’ Index unexpectedly advanced to a six-year high of 57.4 in April, putting it above ...

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Poland’s Play to announce IPO to boost growth

  Bloomberg Play, Poland’s fastest growing mobile provider, may soon announce an initial public offering that would give it a multibillion-dollar valuation. The Warsaw-based company, which already serves about 14 million customers, is reviewing options to generate further growth, according to a filing on the Luxembourg Stock Exchange Friday. One ...

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