Sterling in worst run of quarterly losses since 1984
LONDON, Sept 30 Sterling stayed below $1.30 on Friday and was on track for a fifth consecutive quarter of losses - the currency's worst run since 1984.
WASHINGTON, July 29 Sanofi SA's allergy drug Nasacort AQ is safe enough to be sold over the counter, according to reviewers for the U.S. Food and Drug Administration.
The reviewers, whose opinions were posted on Monday on the FDA's website, said the nasal spray, which currently requires a prescription for use, "has a favorable risk-benefit profile" for use in an over-the-counter setting.
The documents were posted ahead of a meeting on Wednesday of an advisory committee to the FDA which will recommend whether or not the agency should approve the switch to over-the-counter use. The drug is used to treat hay fever and other respiratory allergies.
HONG KONG, Sept 30 (LPC) - Syndicated lending in Asia Pacific, excluding Japan, fell by 8.7% to US$334.38bn from 925 deals in the first nine months of 2016 compared to a year earlier, dragging volume to a three-year low amid wider market volatility, slow economic growth and limited M&A activity.
OSLO, Sept 30 The Norwegian sovereign wealth fund, the world's largest, can resume investing in Singapore Technologies Engineering, the board of the central bank said on Friday.