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Tiny biotech firm offers Big Tobacco model to curb its nicotine habit

Tiny biotech firm offers Big Tobacco model to curb its nicotine habit

The plant biotechnology company says it has more than 200 patents that give it the ability to increase or decrease the level of nicotine in tobacco plants, as well as the level of cannabinoids in cannabis plants. LONDON: Investors are betting on a little-known biotech company to supply Big Tobacco with low-nicotine cigarettes, but so […]

August 7, 2017 | By | Reply More
Tata Steel swings to profit in first quarter

Tata Steel swings to profit in first quarter

The company said total steel deliveries in the first quarter were up about 9%, with domestic deliveries accounting for 47% of the total. NEW DELHI: Tata Steel Ltd returned to profit in the first quarter of this year after a loss a year ago, helped by the ramp up of its Kalinganagar plant in Indian […]

August 7, 2017 | By | Reply More
Saudi billionaire to invest US$800 mil in Egypt tourism

Saudi billionaire to invest US$800 mil in Egypt tourism

The ministry said in a statement that Bin Talal told Investment Minister Sahar Nasr in the Red Sea resort of Sharm el-Sheikh that he would invest in hotels in several locations. CAIRO: Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than US$800 million in hotels in Egypt, the investment ministry in Cairo […]

August 7, 2017 | By | Reply More
Oil slides from nine-week highs as market looks to OPEC

Oil slides from nine-week highs as market looks to OPEC

Doubts have since swirled around the effectiveness of the cuts, as OPEC output hit a 2017 high in July and its exports hit a record. LONDON: Oil prices edged lower on Monday, sliding away from nine-week highs, as worries lingered over high production from OPEC and the United States. Global benchmark Brent crude futures LCOc1 […]

August 7, 2017 | By | Reply More
PICKnGO app targets 10,000 taxi drivers within a year

PICKnGO app targets 10,000 taxi drivers within a year

Taxi-booking platform already has 1,000 taxis registered and some 1,500 customers using the service. KUALA LUMPUR: Pick n Go Sdn Bhd is targeting 10,000 taxi drivers to be on its newly launched taxi booking application (app) platform, PICKnGO, within a year. Its executive director, Valerie Chan, said the e-hailing app was operational three months ago […]

August 7, 2017 | By | Reply More
Cambodia to ask Japan to invest US$800 million in skytrain

Cambodia to ask Japan to invest US$800 million in skytrain

Hun Sen said on Facebook the skytrain would link the capital to its international airport. PHNOM PENH: Cambodia will ask Japan to invest US$800 million in a skytrain system for the capital Phnom Penh, Prime Minister Hun Sen said on Monday during a visit to Tokyo. Inadequate infrastructure, particularly in rural areas, has partly deterred […]

August 7, 2017 | By | Reply More
Trump adds trademarks in casino hub Macau

Trump adds trademarks in casino hub Macau

DTTM Operations LLC, which listed the address of Trump Tower on Fifth Avenue in New York, received four trademark approvals on June 7, online documents from the Macau government show. HONG KONG: A company linked to US President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino […]

August 7, 2017 | By | Reply More
UK ready to pay up to 40 billion euros to leave EU

UK ready to pay up to 40 billion euros to leave EU

Sunday Telegraph newspaper reported British officials were likely to offer to pay 10 billion euros a year for three years after leaving the EU in March 2019, then finalize the total alongside detailed trade talks. LONDON: Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave […]

August 7, 2017 | By | Reply More
Google employee’s anti-diversity memo prompts company rebuke

Google employee’s anti-diversity memo prompts company rebuke

The unnamed engineer asserted in the 3,000-word document that circulated inside the company last week that “Google’s left bias has created a politically correct monoculture” which prevented honest discussion of the issue. NEW YORK: Google executives over the weekend rushed to denounce an engineer’s memo that ascribed gender inequality in the technology industry to biological […]

August 7, 2017 | By | Reply More
Singapore’s Temasek looking at German acquisitions

Singapore’s Temasek looking at German acquisitions

Temasek’s focus was on industrials but also companies in the consumer, technology, agricultural, pharma, biotech and services sectors, either listed or unlisted. FRANKFURT: Singapore state investor Temasek, one of the world’s biggest investors, wants to make acquisitions in Germany, a top executive of the group told a German weekly newspaper. The sovereign wealth fund is […]

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