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May 16: Sanofi, Glenmark ink deal

  • May 16: Sanofi, Glenmark ink deal

    May 16: Sanofi, Glenmark ink deal

  • <p>A worker fills petrol in a car at a fuel station in Jammu</p><p><b>Inflation eased in April on lower manufacturing prices but the prospect of rising energy costs will keep pressure on the Reserve Bank of India (RBI) to raise rates in June.</b></p><p>The wholesale price index, the country&#39;s main inflation gauge, rose an annual 8.66% in April, above the median forecast of 8.48% rise in a Reuters poll and lower than an upwardly revised annual rise of 9.04% in March.</p>

    A worker fills petrol in a car at a fuel station in Jammu

    Inflation eased in April on lower manufacturing prices but the prospect of rising energy costs will keep pressure on the Reserve Bank of India (RBI) to raise rates in June.

    The wholesale price index, the country's main inflation gauge, rose an annual 8.66% in April, above the median forecast of 8.48% rise in a Reuters poll and lower than an upwardly revised annual rise of 9.04% in March.

  • <p>The company&#39;s logo is seen in front of the headquarters of Swiss commodities trader Glencore in Baar near Zurich</p><p><b>Glencore International has tightened guidance for its planned $11 billion initial public offering (IPO), pushing up the mid-point of the marketing range, a source said, in a sign the commodities trader has seen stronger demand at the higher end of an indicative range.</b></p><p>Glencore&#39;s IPO has entered the home stretch after a two-week road show, during which time commodity prices nosedived, raising some doubts about the success of the offer. But Glencore closed the books one day ahead of schedule, suggesting that the offer continued to generate interest.</p>

    The company's logo is seen in front of the headquarters of Swiss commodities trader Glencore in Baar near Zurich

    Glencore International has tightened guidance for its planned $11 billion initial public offering (IPO), pushing up the mid-point of the marketing range, a source said, in a sign the commodities trader has seen stronger demand at the higher end of an indicative range.

    Glencore's IPO has entered the home stretch after a two-week road show, during which time commodity prices nosedived, raising some doubts about the success of the offer. But Glencore closed the books one day ahead of schedule, suggesting that the offer continued to generate interest.

  • <p>A customer holds a Research In Motion&#39;s PlayBook tablet computer in Fairfax, Virginia </p><p><b>Research In Motion (RIM) has recalled about 1,000 of its PlayBook tablets which were shipped with a flawed operating system build that could pose problems during the initial set-up, technology blog Engadget and several other media channels reported.</b></p><p>In a statement to CrackBerry.com, the BlackBerry maker said the majority of the affected devices were still in the distribution channel and had not reached customers.</p><p>The company is working to replace the affected tablets, it said.</p>

    A customer holds a Research In Motion's PlayBook tablet computer in Fairfax, Virginia

    Research In Motion (RIM) has recalled about 1,000 of its PlayBook tablets which were shipped with a flawed operating system build that could pose problems during the initial set-up, technology blog Engadget and several other media channels reported.

    In a statement to CrackBerry.com, the BlackBerry maker said the majority of the affected devices were still in the distribution channel and had not reached customers.

    The company is working to replace the affected tablets, it said.

  • <p>Dominique Strauss-Kahn (C), head of the International Monetary Fund (IMF), departs a New York Police Department precinct in New York</p><p><b>IMF chief Dominique Strauss-Kahn makes his first appearance in court on Monday since being accused of trying to rape a hotel maid in a case that sent shockwaves through French politics and left the IMF in turmoil.</b></p><p>A handcuffed and drained Strauss-Kahn, whose hopes of becoming France&#39;s next president appear to have been wrecked, was seen in public for the first time since his arrest when he was taken to the booking station at Manhattan Criminal Court on Sunday night.</p>

    Dominique Strauss-Kahn (C), head of the International Monetary Fund (IMF), departs a New York Police Department precinct in New York

    IMF chief Dominique Strauss-Kahn makes his first appearance in court on Monday since being accused of trying to rape a hotel maid in a case that sent shockwaves through French politics and left the IMF in turmoil.

    A handcuffed and drained Strauss-Kahn, whose hopes of becoming France's next president appear to have been wrecked, was seen in public for the first time since his arrest when he was taken to the booking station at Manhattan Criminal Court on Sunday night.

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