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Pfizer inflammatory bowel disease drug wins EU approval
PFIZER’S drug to treat patients with an inflammatory bowel disease called ulcerative colitis has been approved by the European Commission, the company said on Monday (Feb 19). The approval...
Cordlife names ex-TransGlobal executive director Yiu Pang Fai as new group CEO
PRIVATE cord-blood bank Cordlife Group on Monday (Feb 19) announced that it has appointed Yiu Pang Fai as its next group chief executive officer with immediate effect. He succeeds...
Dubai Airports reiterates need for new facility as traffic rises
THE operator of Dubai’s airports predicted passenger traffic will be close to an all-time high this year, highlighting the need to expand beyond the city’s main hub and further...
SGX prices S$300 million notes due 2027 at 3.45% per annum
THE Singapore Exchange (SGX) will issue S$300 million worth of notes under its S$1.5 billion multicurrency debt issuance programme, it said on Monday (Feb 19). The notes, to be...
Whirlpool set to sell 24% stake in Indian unit for up to US$451 million
APPLIANCE maker Whirlpool is selling a 24 per cent stake in its Indian unit this week for up to US$451 million via block deals, according to a term sheet...
Greenback holds steady after strong US data dents rate-cut hopes
THE US dollar held steady on Monday (Feb 19) after ticking higher for a fifth straight week on the back of strong inflation data, while the yen traded near...
Gallant Venture, GHY Culture & Media expect net losses for FY2023
The loss was also attributed to the recognition of credit loss allowance, said GHY Culture & Media in its filing. GET BT IN YOUR INBOX DAILY Start and end...
US awards US$1.5 billion to GlobalFoundries for domestic semiconductor production
THE US government is awarding US$1.5 billion to GlobalFoundries to expand semiconductor production, the Biden administration said on Monday (Feb 19), in a bid to strengthen domestic supply chains....