British Biotech sues ex-employee, charging breach of confidentiality
Article Abstract:
British Biotech PLC has filed a lawsuit against its former clinical-trials head, Andrew Millar, who was charged with violating his employment contract. Millar, who was recently removed from his position in British Biotech, allegedly breached the confidentiality clause of his contract with the firm when he publicly declared concerns about the company's Zacutex treatment for pancreatitis. Millar also allegedly gave researchers access on information regarding the patients who took Zacutex.
Comment:
Files a lawsuit against its former clinical-trials head, Andrew Millar, who is charged w/ violating his employment contract
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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BBL increases its provisions for debt in Asia
Article Abstract:
Banque Bruxelles Lambert (BBL) announced that it increased its provisions against outstanding Asia loans. The bank increased its provisions to 1.5 billion Belgian francs ($41.4 million) for the first six months of 1998. This represented an increase of approximately 900 million francs. BBL stated that 2% of its foreign loans are located in Asian "problem nations." These countries include Indonesia, Thailand, South Korea, and the Philippines.
Comment:
Announced that it increased its provisions against outstanding Asia loans
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Clearstream expand to Mexico as part of push into equities
Article Abstract:
Clearstream is opening a regional office in Mexico City as part of its expansion into the equities market. Clearstream's new office in Mexico will be a medium to the expanding Mexican economy and to Latin America.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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