Word: swiss
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...Fido starts limping after the mailman, he may not simply be succumbing to old age. He may have arthritis, and thanks to a new drug from Swiss pharmaceutical giant Novartis, his pain can be eased with fewer side effects. The FDA has approved Deramaxx, the first animal drug to target the COX-2 enzyme, responsible for arthritic pain, while sparing the COX-1 enzyme, which helps dogs (and people) protect their stomach linings. This relief method puts Deramaxx in the same class as Celebrex (Pfizer) and Vioxx (Merck), which are for humans. Vets expect Deramaxx to cut into sales...
...denies allegations that it is decimating Hmong rebels and blames them for much of the unrest in the country. It insists that Hmong are doubling as bandits. In February an ambush on a bus traveling the busy Highway 13 in the north left 12 people dead, including two Swiss cyclists. A calling card pinned to one of the corpses indicated the deaths were the work of Hmong rebels. And on April 20, gunmen opened fire on a passenger bus, killing at least 13 people. Eyewitnesses to this massacre say the gunmen spoke to one another in the Hmong language. Vang...
...program could help the banks free up sorely needed capital, German politicians hope the plan will spur lending to small - and medium - sized German businesses, which have been hit hard by the recent downturn. THE BOTTOM LINE A difficult quarter, aggravated by late Easter PETER BRABECK, chief executive of Swiss consumer - foods giant Nestlé, blaming a tardy Easter Bunny as one of the reasons for the company's 7.5% fall in first - quarter sales
...conceded the defendant - a man named Yves Verwaerde - he had opened a $2 million Swiss bank account with the code name "Salad" in July 1991, when he was a Member of the European Parliament. It was his other employer at the time, the French oil company Elf, that asked him to open the account, he explained. The salad full of greenbacks was earmarked for Jonas Savimbi, the rebel leader in Angola, where Elf was negotiating important contracts. Listening intently in the wood-paneled courtroom of the Paris Tribunal last week, Judge Michel Desplan had some questions. If this $2 million...
...real estate and travel giant Cendant to serve on its audit committee. In the wake of recent financial scandals, firms are hiring more independent directors who can expertly read the text and subtexts of financial reports. And Cendant believes that Richards, CFO of the Bermuda subsidiary of the Swiss bank Lombard Odier Darier Hentsch, fills the bill...