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FDA: Irbesartan lots recalled over likely carcinogen

FDA: Irbesartan lots recalled over likely carcinogen

Health
Jan. 19 (UPI) -- A drug company has recalled more irbesartan blood pressure medication after discovering a potential human carcinogen. Prinston Pharmaceutical, doing business as Solco Healthcare, has voluntarily recalled of eight more lots of irbesartan blood pressure medication after detecting trace amounts of impurity in an active pharmaceutical ingredient, the Food and Drug Administration announced Friday. The ingredient in question contains N-nitrosodiethylamine (NDEA), "a substance that occurs nationally in certain foods, drinking water, air pollution, and industrial processes" and has been classified by the International Agency for Research on Cancer as a probable human carcinogen. NDEA was manufactured by a factory in China called Zhejiang Huahai Pharmaceuticals, which has been lin...
Top Flybe investor declares war over £2m sale

Top Flybe investor declares war over £2m sale

Business
Flybe's biggest shareholder has launched a stunning attack on its directors, accusing them of breaching their duties to investors and threatening a legal challenge to the cut-price takeover of one of Britain's best-known airlines. Sky News has learnt that Hosking Partners, a prominent London-based asset manager which holds a stake of close to 19% in Flybe, has instructed lawyers to explore its options in relation to the company's proposed sale to a consortium‎ led by Virgin Atlantic Airways.These options could include attempting to obtain an injunction prohibiting the deal from being completed, Hosking Partners is understood to have warned Flybe's bosses this week.The initial 1p-a-share deal, announced eight days ago, came at a huge discount to the airline's prevailin...
Concerns over increase in toxic brine from desalination plants

Concerns over increase in toxic brine from desalination plants

Science
Desalination plants around the world are pumping out far more salt laden brine than previously believed, according to a new study.The salty effluent is a by-product of efforts to extract fresh water from the sea. Researchers found that plants are now producing 50% more of this chemical laden cocktail than expected. The brine raises the level of salinity and poses a major risk to ocean life and marine ecosystems.More than half the brine comes from four middle eastern countries. These are Saudi Arabia, the United Arab Emirates, Kuwait and Qatar, with Saudi Arabia alone responsible for 22% of the effluent. The effects of drought and severe weather in Mozambique Desalination plant preparing to work There's been a major expansion of d...
RBI cautions government over NPA spike in MUDRA loans

RBI cautions government over NPA spike in MUDRA loans

Finance
NEW DELHI: The Reserve Bank of India (RBI) has raised a red-flag on the spike in non-performing assets (NPAs) under the government's flagship scheme to support micro enterprises in the country -- the Pradhan Mantri Mudra Yojana. According to Finance Ministry sources, RBI has cautioned the ministry that the scheme might turn-out to be the next big source of NPAs, which have plagued the banking system. The central bank has flagged that bad loans under PMMY have risen to Rs 11,000 crore. As per the annual report of PMMY, 2017-18, total disbursements under the scheme stood at Rs 2.46 trillion in FY 18. Out of this, 40 per cent were disbursed to women entrepreneurs and 33 per cent to social categories. More than 4.81 crore micro borrowers have benefited through PMMY during the year FY2017-18. T...
Sainsbury's sees retail sales fall 1.1% over Christmas

Sainsbury's sees retail sales fall 1.1% over Christmas

Business
Sainsbury's has seen sales fall over Christmas after non-food trading was hit by consumer caution.Like-for-like retail sales, which exclude sales from new stores, fell by 1.1% across the Christmas period.General merchandise sales, including at Sainsbury's-owned Argos, fell by 2.3% and overall clothing sales by 0.2%.Chief executive Mike Coupe said: "Retail markets are highly competitive and very promotional and the consumer outlook continues to be uncertain."Toy sales hitHe added: "General merchandise sales grew strongly over the key Christmas weeks and outperformed the market over the quarter. "Sales declined in the quarter due to cautious customer spending and our decision to reduce promotional activity across Black Friday. Clothing performed well, with...