PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Barry Callebaut to be honored with prestigious "Sustainable Standard-Setter" award

Category : Stocks, World News

NEW YORK, NY and ZURICH, SWITZERLAND–(Marketwired – May 15, 2013) – Barry Callebaut /
Barry Callebaut to be honored with prestigious “Sustainable
Standard-Setter”
award.

Read the original here: Barry Callebaut to be honored with prestigious "Sustainable Standard-Setter" award

Post to Twitter

Barry Callebaut inaugurates new rural primary schools and community learning centers in Cote d’Ivoire

Category : World News

ZURICH, SWITZERLAND–(Marketwired – May 7, 2013) -

Follow this link: Barry Callebaut inaugurates new rural primary schools and community learning centers in Cote d’Ivoire

Post to Twitter

Basilea reports presentation of new data on anti-infective drug candidates addressing drug resistance

Category : Stocks, World News

BASEL, SWITZERLAND–(Marketwired – Apr 29, 2013) – Basilea Pharmaceutica AG /
Basilea reports presentation of new data on anti-infective drug candidates
addressing drug resistance

See the original post here: Basilea reports presentation of new data on anti-infective drug candidates addressing drug resistance

Post to Twitter

Company profits depend on the ‘welfare payments’ they get from society | Ha-Joon Chang

Category : Business

The free market is a myth. From drug patents to quantitative easing, businesses make money because of state help

Earlier this week, India’s supreme court ruled that the country will not grant a patent to Novartis, the Swiss pharmaceutical company, for the cancer drug, Glivec. Being a new version of an existing drug, the ruling said, it does not deliver enough innovation to warrant a patent. Novartis condemned the ruling as “a setback for patients that will hinder medical progress for diseases without effective treatment options”.

This statement is rich coming from a company from Switzerland – a country that infamously had no patent law until 1888, half a century after its introduction in most rich capitalist countries.

Even after 1888, Switzerland refused to award pharmaceutical and other chemical patents for two decades, the new patent law having stipulated that patents are granted only to “inventions that can be represented by mechanical models”. The country introduced chemical patents only in 1907 under intense pressure from Germany, whose technologies its pharmaceutical companies were liberally “borrowing”. Ciba-Geigy and Sandoz, whose merger in 1996 created Novartis, were among those companies.

What is more, until 1978, Switzerland granted patents only for chemical process (that is, how you make a chemical) and not for chemical substance (that is, the chemical itself), on the reasonable ground that the substance had always existed in nature and the “inventor” has only found a way of isolating it. This was actually a rather widely accepted view at the time. Germany and France had only just introduced chemical substance patents in the late 1960s. Canada and Spain refused to grant patents to pharmaceutical substances until 1992.

Despite all this history, the pharmaceutical industry is extremely aggressive with substance patents, as in the case of Glivec, because it knows that its

Post to Twitter

Kipper Williams on eurozone crisis

Category : Business

‘Gloom spreads to Switzerland’

Read the original here: Kipper Williams on eurozone crisis

Post to Twitter

Addex Partners with Viva Biotech to Advance Allosteric Modulators Targeting Adenosine 2A Receptor

Category : Stocks

GENEVA, SWITZERLAND–(Marketwire – Mar 4, 2013) -

Read this article: Addex Partners with Viva Biotech to Advance Allosteric Modulators Targeting Adenosine 2A Receptor

Post to Twitter

Basilea reports 2012 financials with a solid cash position and significant milestones ahead

Category : Stocks, World News

BASEL, SWITZERLAND–(Marketwire – Feb 7, 2013) -

Read this article: Basilea reports 2012 financials with a solid cash position and significant milestones ahead

Post to Twitter

Topless women’s rights protesters clash with police at Davos – video

Category : Business

Topless protesters from the activist group Femen clashing with police at the World Economic Forum in Davos, Switzerland

alt : http://cdn.theguardian.tv/brightcove/2013/1/27/130127Toppless-16×9.mp4http://cdn.theguardian.tv/brightcove/2013/1/27/130127Toppless-16×9.mp4< ![endif]-->

See the original post here: Topless women’s rights protesters clash with police at Davos – video

Post to Twitter

Women’s rights activists protest at Davos – in pictures

Category : Business

Activists from the Ukrainian-based group Femen stage a topless protest for women’s rights at the 43rd annual meeting of the World Economic Forum in Davos, Switzerland

See the article here: Women’s rights activists protest at Davos – in pictures

Post to Twitter

An action-packed thriller is about to unfold in Davos, Switzerland | Aditya Chakraborrtty

Category : Business

In secret meetings in tiny rooms, the rich plot to get even richer

I have an idea for a particularly mediocre film. The plot runs thus: a bunch of rich white men gather in an Alpine hamlet. There’s a schlubby bald Chicagoan, a Parisian banker in a suit lush enough to eat, and the obligatory Belarusian with a PhD in physics and a dentist keen on gold crowns. It’s an odd set-up, but apparently innocuous. With this much cash flying about, busted film stars and

Post to Twitter