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Greek worries continue to hit FTSE

2015-06-30 10:07:26| BBC News | Business | UK Edition

Shares in London and across Europe continues to fall with Greece expected to default on a payment to the IMF.

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Sumitomo's Australian losses hit $116 million over two years

2015-06-30 09:23:46| Food - Topix.net

Sumitomo Australia has tumbled into the red with a big loss. It is a grain and commodities trader and also sells industrial and auto products in Australia, and is owned by a Japanese parent.

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Sumitomo's Australian losses hit $116 million over two years

2015-06-30 09:17:58| Grocery - Topix.net

Sumitomo Australia has tumbled into the red with a big loss. It is a grain and commodities trader and also sells industrial and auto products in Australia, and is owned by a Japanese parent.

Tags: years hit million australian

 

Report: Stamford pharma deal could hit $700m

2015-06-30 03:27:46| Biotech - Topix.net

Spinifex Pharma, led the past 10 years by CEO Tom McCarthy, is being acquired by Novartis for $200 million up front, and reportedly as much in $500 million in future payments depending on milestones the pain medication company achieves. Photo: Alexander Soule / Alexander Soule Swiss giant Novartis is acquiring Stamford-based Spinifex Pharmaceuticals , a 20-person startup developing drugs to treat chronic pain, in a deal worth as much as $700 million.

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El Nino-spawned dry spell to hit Philippine food production

2015-06-29 15:48:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: The Philippines is facing an El Nino-spawned dry spell that will cut rainfall by as much as 80 percent and hit food production, a government weather forecaster warned Monday. "There will be many places that we expect to have below normal rainfall as early as August," warned Anthony Lucero, head of the climate monitoring and weather prediction division of the government weather station. Most places in the Philippines are expected to have 'below normal' to 'way below normal' rainfall due to El...

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