Washington - US stocks fell sharply again Tuesday as investors remained unconvinced that new lending avenues created by the Federal Reserve would unblock credit to the struggling US economy.
The three major stock indices each fell more than 5 per cent. The Dow Jones Industrial Average fell more than 500 points and the broader S&P 500 dropped below 1,000 points for the first time in five years.
Washington - China's decision to reduce contacts with the United States over weapons sales to Taiwan is "unfortunate", the US State Department said Tuesday, while pledging to continue working with Beijing.
"It's an unfortunate decision that the Chinese have taken," deputy spokesman Robert Wood said.
China strongly opposed the plans announced last week to sell 6.4 billion dollars in arms to Taiwan, and said US-Chinese military relations would be "poisoned" over the deal.
Strides Arcolab, one of the leading Indian pharmaceutical company, has informed that the U.S. Food and Drug Administration (USFDA) had approved its oral dosage manufacturing unit in Bangalore.
Following this approval, Strides will be able to export drugs with regulatory approval to the United States.
Recently, the company has secured two abbreviated new drug application (ANDA) approvals for Dexamethasone injection in the strength of 4mg/ml and Dexamethasone Sodium Phosphate injection, in the strength of 10 mg /ml.
Tehran - Iranian President Mahmoud Ahmadinejad on Tuesday said that Iran would react favourably to positive signals by political arch-foe United States.
"Our stance remains the same: we would react favourably to any positive signals (by the US) indicating the will for communication on the basis of respect and justice," Ahmadinejad told state-television in an interview.
Los Angeles - Actor David Duchovny has checked out of a rehab clinic for sexual addiction and will return to star in the hit comedy Californication as the sex-obsessed character Hank Moody, according to People Magazine Tuesday.
"David is out of rehab and about to start a new movie," lawyer Stanton "Larry" Stein told the celebrity magazine. "He successfully completed his treatment."
New York - The world is reeling from the "earthquake on Wall Street" but the United Nations remains confident that governments will keep their promises to assist the earth's poorest, UN Secretary General Ban Ki-moon said Monday.
At the UN General Assembly in September, nations pledged 16 billion dollars toward programmes to fight poverty and disease. With the world economy tumbling in the past weeks, there have been doubts whether donors will deliver what they promised.
Washington - US stocks fell sharply again Tuesday as investors remained unconvinced that new lending avenues created by the Federal Reserve would unblock credit to the struggling US economy.
Washington - China's decision to reduce contacts with the United States over weapons sales to Taiwan is "unfortunate", the US State Department said Tuesday, while pledging to continue working with Beijing.
Strides Arcolab, one of the leading Indian pharmaceutical company, has informed that the U.S. Food and Drug Administration (USFDA) had approved its oral dosage manufacturing unit in Bangalore.
Tehran - Iranian President Mahmoud Ahmadinejad on Tuesday said that Iran would react favourably to positive signals by political arch-foe United States.
Los Angeles - Actor David Duchovny has checked out of a rehab clinic for sexual addiction and will return to star in the hit comedy Californication as the sex-obsessed character Hank Moody, according to People Magazine Tuesday.
New York - The world is reeling from the "earthquake on Wall Street" but the United Nations remains confident that governments will keep their promises to assist the earth's poorest, UN Secretary General Ban Ki-moon said Monday.
