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Archive June/2008


IMTA Challenges U.S. Doctors And Insurers To Follow AMA Directive For Medical Travel

Urging U.S. employers, insurers and physicians to provide follow-up care for returning medical tourists, the American Medical Association (AMA) recognizes that Americans have the right to travel outside the U.S.

Bristol-Myers Could Be an Acquisition Target: Bernstein

(Reuters) - Drugmaker Bristol-Myers Squibb Co <BMY.N> could be an acquisition target as the industry gets closer to losing exclusivity on several leading drugs, said a Sanford C. Bernstein analyst,

Premiere Says Unaware of Any News Corp Bid Plans

MUNICH (Reuters) - German pay television group Premiere <PREGn.DE> is unaware of any plans by big shareholder News Corp <NWSa.N> to acquire the company, Premiere said on Friday, declining further

China Mobile Says IPhone Talks Scale Biggest Hurdle

HONG KONG (Reuters) - Talks to bring Apple Inc's <AAPL.O> iPhone to mainland China have cleared their biggest hurdle and are now focusing on practical issues, the country's top mobile

Web Animation Site AniBoom Raises $10 Million

NEW YORK (Reuters) - AniBoom.com, an Internet home for animators to create and share their work, has raised an additional $10 million in funding led by venture capital firm Draper

Democrats, White House Seek Deal on Fed Nominees

WASHINGTON (Reuters) - Senate Democratic leaders and the White House are trying to reach a deal on two of President George W. Bush's three stalled nominees to the Federal Reserve

Global M&A Drops 35 Pct to $1.6 Trillion in H1: Thomson

LONDON (Reuters) - Mergers and acquisitions bankers are bracing for more job cuts as volumes fail to recover from their first-quarter tumble, according to preliminary Thomson Reuters numbers released on

Global 2nd-qtr Equity Issuance Rebounds; Outlook Bleak

LONDON (Reuters) - Global equity capital markets activity rebounded in the second quarter as financial institutions scrambled to raise capital, but the bleak economic outlook means bankers are cautious for

Intuit to Cut 575 Jobs, Or 7 Percent of Workforce

BOSTON (Reuters) - Financial software maker Intuit Inc <INTU.O> said it plans to cut 575 jobs, or 7 percent of its workforce, resulting in a charge of $22 million in

Anheuser-Busch Plan Unlikely to Please Investors

NEW YORK (Reuters) - The restructuring plan Anheuser-Busch Cos Inc <BUD.N> is reported to be working on this week will probably not benefit shareholders as much as InBev NV's <INTB.BR>