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Thursday 23 May 2013

2013-05-19

[B] Fiaseman Rural bank declares 1,828,387.00 cedis as net profit
[B] EDAIF can boost agricultural productivity to GDP- Board Member

2013-05-13

[B] Gov't pins hopes on capital market

2013-05-10

[B] NIC to get tough on uninsured commercial property owners

2013-05-08

[B] MTN commands 65% of data market in Ghana

2013-05-06

[B] Effutu To Get Oil Refinery

2013-05-01

[B] Prestea Comes Alive…As Underground Mines Open

2013-04-20

[B] UT Bank launches Bank on Wheels

2013-04-15

[B] Remove fuel subsidies now - IMF tells Gov't  

2013-04-12

[B] Market premium not negotiable - White Paper

2013-04-09

[B] Offshore oil discovery affecting maritime security dynamics - Navy

2013-04-08

[B] Inflation will return to single digit by June – BoG
[B] Local airlines resume full capacity operations to Kumasi

2013-04-07

[B] Mining sector gives Ghana US$2 billion annually

2013-04-05

[B] Ghana to mine diamond in Zimbabwe

2013-04-04

[B] PEF now Private Enterprise Federation
[B] Tullow Oil downplays worries over possible damages to wells   

2013-03-28

[B] World Bank provides support for developmental gov’t programmes
[B] Sea water to be purified for Takoradi residents   

2013-03-22

[B] Tullow Oil apologizes to Ugandan President over false allegations
[B] GNAT bank can compete – Banking Consultant  
[B] Improving energy capacity is a must - Hannah Tetteh   

2013-03-21

[B] Barclays Bank Ghana MD resigns
[B] Tullow signs 5-year deal with FMC Technologies

2013-03-12

[B] 9% deficit reduction is not ambitious – Dr. Kwakye
[B] Access Bank temporarily closes Ring Road

2013-02-28

[B] 2013 Budget to be presented to parliament on March 5
[B] Employers Association decries high cost and access to credit
[B] Statement: GGBL launches new true Ghanaian beer, Ruut Extra

2013-02-27

[B] Gov’t is scheming to sell TOR - Minority  

2013-02-26

[B] Credit Union Bill anticipated to be passed this year
[B] British Airways is very committed to Ghana - James Wooldridge
[B] Lufthansa awarded 5-Star rating for its First Class product
[B] TOR boss, Energy Minister, make contradictory statements on TOR debt

2013-02-25

[B] Retrieve redundant radio frequency licences Communications Minister tells NCA
[B] Ghana must ensure transparency in management of oil revenue - Okonjo-Iweala

2013-02-20

[B] Menergy International Unhappy

2013-02-18

[B] Trade records $4.2 billion deficit  
[B] Single Spine, Cedi shock economy
[B] EuroStar Global Limousine unveils top range luxury Limosines for rental services
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Business

[ 2012-04-12 ]

Johnson & Johnson fined $1.1bn in latest Risperdal case
Drugs giant Johnson & Johnson (J&J) has been
ordered by a US judge to pay $1.1bn (£690m) for
downplaying the risks involved in taking its
anti-psychotic drug Risperdal.

The state of Arkansas sued J&J and its subsidiary
Janssen Pharmaceuticals over its marketing of the
drug in 2007.

A number of US states have already found the firms
guilty of similar charges and fined them
accordingly.

Janssen said it was "disappointed" with the
judge's decision.

The company added that if its motion for a retrial
was denied, it would appeal the fine.

"During the nearly three-week trial, Janssen
presented abundant evidence showing the company
acted responsibly and fully complied with all laws
and regulations regarding Risperdal," it said in a
written statement.

Appeal

In January, J&J agreed to pay $158m to settle
allegations of illegal marketing of Risperdal in
Texas.

Last year, a South Carolina judge ruled the
company must pay a $327m penalty after a jury
found it guilty of similar charges, while in 2010,
a Louisiana jury found the company violated the
state's Medicaid fraud act.

These two verdicts are currently under appeal.

Medicaid is a government-backed US public heath
programme for low-income citizens.



















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Source - BBC


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