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Gold prices retreat as dollar extends gains

Gold prices retreat as dollar extends gains

 Gold eased on Thursday as the dollar extended its biggest one-day rally in over a month, though losses were limited by a retreat in oil prices and European stocks, which supported interest in the metal as an alternative asset.

Concerns in U.S. market and Indian market sign

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Indian drug firms to face challenges in US market: ICRA

Indian drug firms to face challenges in US market: ICRA

Indian drug firms have registered strong growth over last decade driven mainly by the US market on account of large brands going off patent and sizeable organic and inorganic expansion.

Three children among six dead in new Honduras massacre

Attackers armed with guns and machetes killed at least six people -- three of them children -- today in Honduras in the third massacre in a week, police said.

India among top 10 acquirers in US market this year

India among top 10 acquirers in US market this year

Majority of these deals were in the pharma sector, with six transactions totalling USD 1.5 billion, as Indian companies seek to increase their scale in the US generics market, said a report by Baker & McKenzie.

One billion dollars in cocaine seized by one US ship

A single US Coast Guard ship has recovered cocaine worth more than one billion dollars in under a year, authorities said Monday.

Puerto Rico default adds to island`s economic woes

Puerto Rico`s default on a debt payment for the first time will leave the island closed out of the US financial markets, deepening what is already a serious economic crisis.

Dr Reddy's launches generic dementia treatment tablets in US

 Drug firm Dr Reddy's Laboratories has launched in the US market the generic Memantine hydrochloride tablets used for treatment of dementia of the Alzheimer's type.

Alibaba's Ma, visiting New York, says not in America to compete

Chinese e-commerce titan Alibaba Group Holding Ltd does not want to fight for U.S. market share but instead hopes to help small US businesses sell more goods in China, Executive Chairman Jack Ma said.

Cipla recalls over 1.4 lakh vials of asthma drug in US

Drug major Cipla is recalling in the US market 1,40,625 vials of Levalbuterol Inhalation Solution used for relieving shortness of breath and coughing caused by asthma and chronic obstructive pulmonary disease.

Glenmark gets USFDA nod to sell generic blood pressure drug

Glenmark Pharmaceuticals today announced receipt of approval from the US health regulator to sell its generic version of AbbVie Inc's blood pressure drug Tarka in the American market.

Lupin launches asthma drug delivery device in US

The agreement grants Lupin exclusive rights to promote, distribute and market InspiraChamber VHC in the US, it added.

Volvo to sell Chinese-made cars in US this year: Execs

Volvo Car Group plans to export a Chinese-made midsize sedan this year to the United States, and is starting to weigh the possibility of building a vehicle factory in the United States, people familiar with the Chinese-owned automaker’s plans said.

Dow jumps 213 points as US stocks snap losing streak

The broad-based S&P 500 gained 23.29 (1.16 percent) at 2,025.90, while the tech-rich Nasdaq Composite Index bolted 57.73 (1.26 percent) higher to 4,650.47.

Dr Reddy's announces launch of OTC tablets in US market

Pharma major Dr Reddy's Laboratories today said it has launched its over-the-counter (OTC) Fexofenadine Hydrochloride and Pseudoephedrine Hydrochloride extended release tablets in the US market.

Glenmark Generics gets US FDA nod for ulcer treatment drug

Glenmark Generics on Wednesday said it has received US health regulator's nod to market generic version of AstraZeneca's Prilosec, a drug used for treatment of ulcer, in the US market.

Oil extends losses on Saudi price cuts for US markets

Oil prices extended losses in Asia Tuesday after leading global producer Saudi Arabia slashed its export prices for the US market while hiking them for Asia.

Global stocks retreat on Ukraine news, bond yields slide

Investors have worried about a deepening stand-off between Ukraine and Russia, though recent signs of easing tensions had lifted equity markets, especially in Europe.

Amazon quickens push into tough local services market

Amazon is ramping up efforts to offer repair, installation and other services online, tackling a fragmented but potentially rich U.S. market that may be worth an estimated USD 400 billion.

Hero MotoCorp to ride into US market next year

The company is undergoing homologation, a process to certify road-worthiness, for its bikes in the US.