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  • *China healthcare deals tripled to more than $50 bln. *Impact of Beijing push for' Made in China' drug sector. SHANGHAI, April 29- Armed with Beijing funds and friends in the right places, Chinese drug minnows are thriving, luring money from' Big Pharma' majors struggling to restore the strong growth they once enjoyed in the world's second-largest medicine market.

  • UNITED NATIONS, April 28- Iran asked U.N. chief Ban Ki- moon on Thursday to convince the United States to stop violating state immunity after the top U.S. court ruled that $2 billion in frozen Iranian assets must be paid to American victims of attacks blamed on Tehran. Zarif's appeal comes amid increasing Iranian frustration at what they say is the failure of the...

  • LONDON, April 28- An Indian-flagged oil tanker is returning to Libya, the North African country's rival oil corporation said on Thursday, after its failed first attempt to export crude oil led to the ship being blacklisted by the United Nations Security Council. The Distya Ameya tanker is heading to the western Libyan port of Zawiya, said Nagi al-Maghrabi,...

  • MONTREAL/ ATLANTA, April 28- Bombardier scored a major order for its new CSeries passenger jets from Delta Air Lines Inc on Thursday, boosting the Canadian manufacturer's stature in the airline industry even as it faces a long road back to profitability. Quebec- based Bombardier hopes the deal marks a turning point in its attempt to break into the fleets of top...

  • NEW DELHI, April 28- India has instructed an Indian-flagged oil tanker that has been blacklisted by the U.N. not to discharge its cargo of crude oil from Libya's rival eastern government and to await instructions from the United Nations, a senior Indian government official said on Thursday. The tanker, the Distya Ameya, is carrying 650,000 barrels of crude on...

  • *Germany says "America first" is no answer to post-Cold War world. LONDON, April 28- Donald Trump's first major foreign policy address alarmed American allies, who view the Republican front runner's repeated invocation of an "America first" agenda as a threat to retreat from the world. "I can only hope that the election campaign in the USA does not lack the perception...

  • BEIJING, April 28- China Eastern Airlines on Thursday placed an order for 35 wide-body jets from Boeing Co and Airbus Group, as the Shanghai- based carrier continues to build its long-haul fleet amid the country's outbound travel boom. Chinese airlines are adding flights to New York, Paris and Sydney from inland cities, while opening new routes to smaller cities...

  • NEW DELHI, April 28- India said on Thursday it had asked Britain to deport Vijay Mallya, the liquor tycoon who flew to London last month as bankers pressed him to repay about $1.4 billion owed by his defunct Kingfisher Airlines. The Ministry of External Affairs has written to the British High Commission seeking Mallya's return so that "his presence can be secured...

  • April 28- Delta Air Lines Inc on Thursday ordered 75 CSeries CS100 planes worth $5.6 billion from Bombardier Inc, throwing a lifeline to a new aircraft program that is years late and billions of dollars over budget. The widely anticipated order marks a turning point for Canada's Bombardier as it strives to break into the fleets of top airlines globally and serve...

  • TOKYO, April 28- Asian imports of Iranian oil in March jumped 50 percent from a year earlier as shipments into India and South Korea have climbed since international sanctions were lifted on Iran's disputed nuclear program. Before 2012, Iran exported around 2 million bpd, with more than half going to Asia, mainly China, South Korea, India and Japan.

  • Serge Pun, the 63- year-old project developer and one of Myanmar's richest men, says his Landmark development- which includes office, residential and hotel space- has been strangled by red tape and costly delays all because of his adherence to clean business. Companies and international agencies have long identified corruption and a lack of transparency as...

  • THURSDAY, APRIL 28 MAKATI CITY, Philippines- Central Bank of Philippines Governor Amando Tetangco to attend a financial inclusion summit- 0100 GMT. PARIS- Czech National Bank board member Kamil Janacek to attend a Economic and Development Review committee meeting. PRAGUE- Czech Banking Association holds a press conference to update macroeconomic forecast-...

  • Serge Pun, the 63- year-old project developer and one of Myanmar's richest men, says his Landmark development- which includes office, residential and hotel space- has been strangled by red tape and costly delays all because of his adherence to clean business. Companies and international agencies have long identified corruption and a lack of transparency as...

  • Ayatollah Ali Khamenei told hundreds of workers that a global deal, signed between Iran and world powers, had lifted financial sanctions, but U.S. obstruction was stopping Iran getting the full economic fruits of the agreement. "On paper the United States allows foreign banks to deal with Iran, but in practice they create Iranophobia so no one does business with...

  • *Russia has so far dominated oil sales to China's teapot refiners. SINGAPORE, April 27- Saudi Arabia's sale of a spot crude cargo to an independent Chinese refiner marks a new phase in the turf war for dominance over Asia's oil market and sends a strong message to its rivals Russia and Iran: the fight for market share is on. It points to a more creative and less rigid...

  • *India output likely to drop below demand for first time in 7 yrs. MUMBAI/ LONDON, April 27- India is likely to become a net importer of sugar in 2016/ 17 as back-to-back drought years dry irrigation channels and ravage cane fields, with output in the country's biggest producing state seen dropping over 40 percent. "India will need to import next year due to a production...

  • MANILA, Philippines— Asian stocks were mixed Wednesday after an overnight surge in oil prices raised questions about the outlook for the energy sector. Investors are watching for the outcome of policy meetings by the U.S. Federal Reserve and Bank of Japan. KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.4 percent to 17,276.52.

  • WEDNESDAY, APRIL 27 LONDON- Organisation for Economic Co-operation and Development Secretary General Angel Gurria gives speech on Britain's EU referendum at London School of Economics- 0930 GMT. SINGAPORE- Monetary Authority of Singapore releases macroeconomic review, its detailed assessment of economic conditions. BRASILIA- Central Bank of Brazil...

  • LATUR, India, April 27- Haribhau Kamble, an unemployed labourer in India's richest state of Maharashtra, is forced to queue for hours in scorching heat to fetch water even as the government puts on trains to ship water to the region parched by back-to-back drought years. "The government says it is bringing water by train every day, but we are getting water once a week,"...

  • CARACAS, April 26- Venezuela has proposed that non- OPEC oil producers attend the group's June meeting in Vienna to continue "dialog and coordination," according to a letter from the South American country's oil minister to the Qatari energy minister, who is also the current OPEC president. A deal to freeze oil output by OPEC and non- OPEC producers fell apart in Doha...