ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) has advised international pharmaceutical companies to apply for marketing approval for their products in the UAE before being approved in the manufacturing country, according to a senior official. This allows pre-study of the file to issue the marketing approval in the UAE for innovative products and rare medicines once ...

Boris Johnson is lucky in his enemies. They want to win rhetorical battles while he wants to win the next election. Every week at prime minister’s questions in the House of Commons, the leader of the opposition nails him for his economical ways with the truth and demonstrates that Johnson has performed another screeching U-turn. Invective rains down from commentators ...

Mike Ashley is best known for selling cheap tracksuits in the UK Now, he is thinking more like a bling king. The billionaire behind Sports Direct, who bought out the fancy but failing department store chain House of Fraser in 2018, is elevating a scion to a senior role, just as it’s been done at LVMH Moet Hennessy Louis Vuitton ...

There is an incontrovertible and sobering fact about the drive to net zero. Any effort that doesn’t work for the whole world will fail everywhere. A path that favours developed markets at the expense of others will lead to a partial net zero, which is no net zero at all. Unfortunately, too many countries, companies and investors see achieving this ...

Imagine a future in which foreign dissidents traveling to Washington are sued by their governments in US courts for defamation. A federal court may be on the verge of making this nightmare a reality. Last month a group of US government commissions and human-rights organisations, including the Tom Lantos Human Rights Commission and Freedom House, filed amicus briefs urging the ...

Bloomberg UK airlines are warning that thousands of jobs could be lost if the government fails to reverse course and offer the industry an extension of the furlough program with travel in a slump for a second summer season. Carriers have asked the government for a short-term, sector-specific jobs support plan to tide it through the usually lean winter months, ...

Bloomberg Virgin Atlantic Airways Ltd is considering a public offering in London as the company gears up its business for recovery from the pandemic. Executives have been holding discussions with bankers and potential investors, and could announce the company’s plans for an IPO as soon as the autumn, according to a person familiar with the matter who asked not to ...

Bloomberg Deutsche Lufthansa AG is expecting long-haul travel to finally pick up this year alongside loosening Covid-19 restrictions and vaccine take up, giving some cause for optimism after a second-quarter loss of 952 million euros ($1.13 billion). North America could open up from late summer with Asia following from the end of the year, the company said in a statement. ...

Bloomberg PepsiCo Inc is to sell Tropicana, Naked and other juice brands to French private equity firm PAI Partners for about $3.3 billion as it seeks to bolster its balance sheet and focus on healthier snacks and zero-calorie drinks. The US drinks giant will retain a 39% noncontrolling interest in a new holding company for the brands and has also ...

Bloomberg Odey Asset Management has sold its stakes in Ryanair Holdings Plc and British Airways’s (BA) owner International Consolidated Airlines Group, the Daily Mail reported, as the UK airline industry prepares for further job cuts. Fund manager James Hanbury sold his IAG holding after shares rebounded, the paper said. IAG rose 8.5% this year while Ryanair added 3.4%, both outperforming ...