Tag Archives: 60%

Alibaba revenues jump 60% as Chinese growth continues

Revenue at e-commerce giant Alibaba jumped 60% in the first three months of the year, powered by a growing customer base in China. More than 450 million Chinese shoppers used its sites during the quarter, with the average annual spending up by about a third, Alibaba said. The growth pushed revenues for the period to $5.6bn (£4.3bn). But… Read More »

Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case

Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense. The preliminary settlement was filed on Friday with the U.S. District Court in Manhattan, and requires a judge’s approval. Deutsche Bank denied wrongdoing. The… Read More »

60% doctors support govt’s recent drug ban list

The 344 banned drugs include the fixed dose combination of Chlopheniramine Maleate and Codeine syrup sold under the popular cough syrup brand Corex. Image: Codeine and Nimesulide combinations were the main exceptions to the ban that doctors felt should have been made. Nearly 40 per cent of doctors disagreed with the government’s move to ban 344 fixed dose… Read More »