Word: swiss
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...founder Eric Kandel, the company hopes to develop drugs that reverse dementia, memory loss, depression and schizophrenia. Chief executive Tony Scullion says it has already developed a drug that fights Alzheimer's by restoring the process by which short-term memories are logged in for long-term recall. Swiss drug firm Roche is now testing it on humans, with clinical results expected in the near future...
...testify before U.S. congressional committees investigating the fraud, angering Senators of both parties. Annan appointed Paul Volcker, former chairman of the Federal Reserve Board, to lead a U.N. investigation of the program. Volcker says separate congressional inquiries would impede his work. Investigators are also looking into Cotecna, a Swiss contractor for which Annan's son Kojo worked as a consultant...
Before the Swiss watchmaker Jean François Ruchonnet designed the Monaco V4 concept watch, he lifted the hood of his Maserati, gazed at the engine and thought about the belts. Then he decided to create a similar belt system in miniature to replace the interlocking gears in mechanical watches. Each belt replaces five to six gears, thus simplifying construction. Visible on the underside, at right, the belts are also better at absorbing shock, for a more reliable and accurate timepiece...
...Brigades. The most conspicuous recipient of Arafat's largesse was Suha. People familiar with Arafat's finances say the Palestinian leader sent Suha $200,000 a month out of the Palestinian Authority's budget for the Office of the President. French authorities are investigating transfers of $11.5 million from Swiss banks to Paris accounts in Suha's name at the Arab Bank and at BNP Paribas Bank, a French bank...
...with two other former Milan-based Bank of America execs. One of them, Antonio Luzi, recounted to magistrates how Sala had given him a total of $900,000 on three separate occasions for helping him set up the Brazilian refinancing. Luzi met him at a prearranged spot in the Swiss town of Lugano, handed him an empty briefcase, and waited. About an hour later, Sala returned with the case filled with cash. By now Parmalat's true debts were too big to hide. The beginning of the end came in 1999, when Parmalat executives transferred the activities of the three...