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Taipei Times (Taiwan) 08/11/2020 12:37
Britain yesterday said it wanted greater flexibility to return illegal immigrants to France after a surge in the number of people embarking on the perilous journey across the English Channel in the hope of a better life. Hundreds of people, including some children, have been caught crossing to southern England from makeshift camps in northern France since Thursday — many navigating one of the world’s busiest shipping routes in overloaded rubber dinghies. British Prime Minister Boris Johnson has said he wants to stop the illegal crossings and has dispatched Undersecretary of State for Immigration Compliance and the Courts Chris Philp to Paris.
Taipei Times (Taiwan) 08/11/2020 12:34
Chip designer FocalTech Systems Co (敦泰電子) yesterday posted the steepest increase in quarterly net profit in about three years, benefiting from robust demand for integrated driver and controller (IDC) chips used in tablets and laptops amid the COVID-19 pandemic. FocalTech expects the momentum to extend into the second half of this year, as infection rates rise around the world and demand for chips used in smartphones recovers due to seasonal factors. "As the remote working and distance learning trends drive up demand for tablets and notebooks, FocalTech is benefiting from the superior market position that it enjoys," chairman Genda Hu (胡正大) told.
Taipei Times (Taiwan) 08/11/2020 12:34
Taishin Financial Holding Co (台新金控) yesterday announced that it is to purchase Prudential Life Insurance Co of Taiwan (保德信人壽) for NT$5.5 billion (US$186.24 million) and would consider selling 300 million shares in state-run Chang Hwa Bank (CHB, 彰化銀行) to fund the deal. It would acquire a short-term loan to buy the insurance company and possibly sell CHB shares to repay the loan, Taishin Financial president Welch Lin (林維俊) told a news conference in Taipei. "It is normal for firms to borrow money to complete an acquisition," Lin said.
Taipei Times (Taiwan) 08/11/2020 12:34
Taiwanese banks’ Hong Kong branches reported an annual decline of 54 percent in combined net profit to NT$15.09 billion (US$510.99 million) in the first half of the year, the largest retreat for the same period in the past decade, the Financial Supervisory Commission said yesterday. The commission attributed the results to a decline in interest income as the Hong Kong Monetary Authority reduced the benchmark interest rate to 0.86 percent in March, and to a slowdown in lending due to the COVID-19 pandemic. However, Hong Kong remained the most profitable overseas market for Taiwanese banks, Banking Bureau Deputy Director-General Huang Kuang-hsi (黃光熙)
Taipei Times (Taiwan) 08/11/2020 12:34
The Food and Drug Administration (FDA) on Monday banned the prescription of opioid painkiller tramadol to people with hypoventilation, after the drug reportedly caused the death of a patient. Tramadol, a prescription drug that is used to treat severe pain, is sold under 32 brand names in Taiwan, the agency said. It can be taken orally or injected and about 100 million doses are dispensed in the nation each year, it said. In 2017, after the FDA learned that the drug could lead to slow breathing and other respiratory problems, it mandated that manufacturers list the side effects on the.
Seeking Alpha 08/11/2020 12:29
CRH Medical Corporation (NYSEMKT:CRHM) Q2 2020 Earnings Conference Call August 11, 2020 8:30 A.M. ET Company Participants Richard Bear - Chief Financial Officer Tushar Ramani - Chief Executive Office Jay Kreger - President of CRH Anesthesia Tom Sanders - Vice President of Commercial Development Conference Call Participants Richard Close - Canaccord Genuity Ammar Shah - Eight Capital Endri Leno - National Bank Presentation Operator Good morning, ladies and gentlemen.
New Republic 08/11/2020 12:27
Last week, while as many as laid-off workers lost their weekly $600 federal unemployment supplement and Congress bickered over government aid for people cut off from their income, Amazon CEO Jeff Bezos over $3 billion in his company’s stock. That sell-off came after several consecutive weeks of Bezos’s and other billionaires’ net worths surging as the stock market rebounded. Since April, billionaires have not only been insulated from the worst of the pandemic and the foundering economy, but together have seen their fortunes by an estimated $637 billion. Amid the coronavirus pandemic and economic collapse, the already grotesque divide between the top 0.01 percent and everyone else has widened further. The record-breaking bounty enjoyed by th.

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