SYDNEY, 7 Mei /AsiaNet/ —
PEMBROKE, Bermuda: Allied World Assurance Company Holdings, Ltd Friday
reported net income of $133.7 million, or $2.52 per diluted share, for the
first quarter of 2010 compared to net income of $131.4 million, or $2.57 per
diluted share, for the first quarter of 2009.
NEW YORK: The Mahindra Group, a US$6.3 billion Indian multinational, Friday
announced that it has hired StrawberryFrog to develop a global Cultural
Movement brand strategy for the Indian multinational.
MELBOURNE, Australia: The use of rapid point-of-care diagnostic tests for
the measurement of CD4 T-cells, a marker of the immune system will be an
important factor in improving the lives of people living with HIV and AIDS
especially in developing and resource-poor countries.
LEIDEN, The Netherlands: Dutch biopharmaceutical company Crucell N.V.
Thursday announced the award from UNICEF of an additional $110 million to
supply its paediatric vaccine Quinvaxem(R) to the developing world.
CHENNAI, India: The Murugappa Group recorded significant growth in profits
during 2009-10. EBIDTA grew by 22% at Rs. 1879 Crores (LY Rs.1535 Crores) and
PBT excluding extraordinary income grew by 29% at Rs.1354 (LY Rs.1054 Crores).
WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of 46
securities issues on May 17, 2010 at a redemption price equal to 100 per cent
of the principal amount redeemed plus accrued interest.
TOKYO: The Sanda factory of R-Tech Ueno, Ltd. has received notice from the
U.S. Food and Drug Administration (FDA) that its facility has been classified
as acceptable for the production of pharmaceuticals by meeting compliance with
U.S. cGMP regulations.
SYDNEY, Australia: Crowdsourcing design company DesignCrowd has launched an
innovative blog contest and is offering over $2,000 in prizes to bloggers and
SINGAPORE, PHILIPPINES, SRI LANKA, MALDIVES & BRUNEI: Global Payments
Asia-Pacific Limited, a joint venture between the U.S.-based Global Payments
Inc. and The Hongkong and Shanghai Banking Corporation Limited, has launched
China UnionPay card acceptance service in Brunei, the Maldives, the
Philippines, Singapore and Sri Lanka.
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