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U.S. city sues Petrobras for corruption-related bond loss: report

2014-12-26 22:18:52| Oil & Gas - Topix.net

The U.S. city of Providence, Rhode Island, is suing Brazil's state-run oil company Petroleo Brasileiro SA and some of its executives for bond losses stemming from an alleged kickback and bribery scheme, a leading Brazilian newspaper reported on Friday. The court case is the latest problem for Petrobras, whose stock price has recently fallen to its lowest in nearly 10 years as a widening corruption probe caused the company to delay the release of its third-quarter earnings.

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FDA approves Novo Nordisk's weight loss injection, Saxenda

2014-12-26 06:37:52| Biotech - Topix.net

Novo Nordisk today announced that the Food and Drug Administration has approved the new drug application for Saxenda , the first once-daily glucagon-like peptide-1 receptor agonist for chronic weight management. Saxenda is indicated as an adjunct to a reduced-calorie diet and increased physical activity for chronic weight management in adults with obesity or who are overweight in the presence of at least one weight-related comorbid condition.

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FDA clears Novo Nordisk's weight loss drug Saxenda

2014-12-23 23:59:36| Biotech - Topix.net

The Food and Drug Administration has approved a Novo Nordisk diabetes drug as a treatment for obesity. It's the first injectable drug approved for weight loss.

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Zuoan Fashion slides to Q3 loss

2014-12-23 16:59:00| Daily apparel & textile news and comment - from just-style.com

Chinese casual men's wear retailer Zuoan Fashion has swung to a loss during the third quarter as sales and margins fell.

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Climate changes, habitat loss cited as threats to 314 bird species

2014-12-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Trib: If bird watchers in Pennsylvania think they are seeing less of some species the ruffed grouse, scarlet tanager, wood thrush and Baltimore oriole they are right. Those birds could go the way of the once-prevalent Passenger Pigeon and are among hundreds at risk of disappearing, according to a report by the Audubon Society and another jointly prepared by the Fish & Wildlife Service and the Cornell University Lab of Ornithology. The projected declines, the studies each say, reflect climate changes...

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