World

U.N. approves first-ever global arms trade treaty

UNITED NATIONS,  (Reuters) – The 193-nation U.N. General Assembly overwhelmingly approved today the first-ever treaty on global arms trade that seeks to regulate the $70 billion international business in conventional arms ranging from light weapons to battle tanks and warships.

North Korea to restart nuclear reactor in weapons bid

SEOUL,  (Reuters) – North Korea announced plans today to restart a mothballed nuclear reactor that has been closed since 2007, but emphasised it was seeking a deterrent capacity, rather than repeating recent threats to attack South Korea and the United States.

Novartis loses landmark India patent case on Glivec

MUMBAI/NEW DELHI,  (Reuters) – India’s top court dismissed Swiss drugmaker Novartis AG’s attempt to win patent protection for its cancer drug Glivec, a blow to Western pharmaceutical firms targeting India to drive sales and a victory for local makers of cheap generics.

Brazil names new transport minister

SAO PAULO,  (Reuters) – Brazilian President Dilma Rousseff appointed a new transport minister on Monday, extending a Cabinet shuffle that has so far left her economic team unchanged.

Novartis loses landmark India patent case on Glivec

MUMBAI/NEW DELHI,  (Reuters) – India’s top court dismissed Swiss drugmaker Novartis AG’s attempt to win patent protection for its cancer drug Glivec, a blow to Western pharmaceutical firms targeting India to drive sales and a victory for local makers of cheap generics.

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