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| Delhi High Court quashes government ban on 344 drugs after industry petitions | | | By Suchitra Mohanty and Zeba Siddiqui NEW DELHI (Reuters) - Delhi High Court stayed on Thursday a government ban on 344 drugs that it deemed lacked therapeutic efficacy, after over six months of hearing more than 300 petitions filed by drugmakers against it. Sanjay Jain, a lawyer representing the central government, told Reuters the government was evaluating the decision and planned to appeal at a higher court. Thursday's decision provides interim relief to several local and multinational drugmakers operating in India's $15 billion drugs industry whose business had been hit by the ban. |
| World's growing inequality is "ticking time bomb" - Nobel laureate Yunus | |  By Astrid Zweynert LONDON (Thomson Reuters Foundation) - The widening gap between rich and poor around the world is a "ticking time bomb" threatening to explode into social and economic unrest if left unchecked, Nobel Peace laureate Muhammad Yunus said on Thursday. The banking and financial system has created a world of "the more money you have, the more I give you" while depriving the majority of the world's population of wealth and an adequate standard of living, Yunus told the Thomson Reuters Foundation. "Wealth has become concentrated in just a few places in the world ... It's a ticking time bomb and a great danger to the world," said the founder of the microfinance movement that provides small loans to people unable to access mainstream finance.
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| Shamoon virus returns in new Gulf cyber attacks after 4-year hiatus | | | A version of Shamoon, the destructive computer virus that crippled tens of thousands of computers at Middle Eastern energy companies four years ago, was used in mid-November to attack computers in Saudi Arabia and elsewhere in the region, according to U.S. security firms. FireEye said in a blogpost that its Mandiant unit "has responded to multiple incidents at other organisations in the region." A spokesman declined to identify the countries or organisations. The reappearance of Shamoon is significant as there have only been a handful of other high-profile attacks involving disk-wiping malware, including ones in 2014 on Sheldon Adelson's Las Vegas Sands Corp. and Sony Corp's Hollywood studio. |
| Met a friendly stranger? Call us, say Lithuania's spyhunters | |  By foreign agents, Lithuania means the Kremlin. Ties have always been tense with former imperial master Moscow. "People don't even think that information is being squeezed out of them until it's too late," Darius Jauniskis, the 48-year-old head of Lithuania's State Security Department, told Reuters.
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| South Korean opposition differs on Park impeachment with no end to crisis in sight | |  By Jack Kim SEOUL (Reuters) - South Korean opposition parties differed on Thursday on when to bring an impeachment motion against scandal-tainted President Park Geun-hye and were far apart from her conservative party on her offer to quit. Park on Tuesday asked parliament to decide how and when she should step down in a dramatic turn of events in the influence-peddling scandal, an offer that the main opposition Democratic Party rejected as a ploy to buy time and avoid impeachment. The smaller opposition People's Party on Thursday warned against bringing an impeachment motion to the floor of parliament without ensuring the support of Park's Saenuri Party, which would be needed for it to pass.
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| Thailand's crown prince returns from abroad to become King Rama X | |  Thailand's Crown Prince Maha Vajiralongkorn returned to Bangkok on Thursday, two days after parliament said it would invite him to become the country's new king following the death of his father, revered King Bhumibol Adulyadej. The prince will meet with the head of parliament, Pornpetch Wichitcholchai, on Thursday evening following a Buddhist rite marking 50 days since the king's death. Prime Minister Prayuth Chan-ocha and Prem Tinsulanonda, a former head of the royal advisory council who has been standing in as regent, will also be in attendance, according to a palace schedule.
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| Colombian peace deal passed by Congress, ending 52-year war | |  By Helen Murphy BOGOTA (Reuters) - Colombia's Congress approved a new peace deal with FARC rebels late on Wednesday, despite objections from former President and now Senator Alvaro Uribe, who said it was still too lenient on the insurgents who have battled the government for 52 years. Lawmakers from Uribe's Democratic Center party left the floors of both houses in protest just before voting began. The ratification - and signing last week - begins a six-month countdown for the 7,000-strong FARC, which started as a rebellion fighting rural poverty, to abandon weapons and form a political party.
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| Trump says he will back away from business to focus on White House | |  By Steve Holland and Melissa Fares NEW YORK (Reuters) - U.S. President-elect Donald Trump vowed on Wednesday to step back from running his global business empire to avoid conflicts of interest but gave few immediate details as concern over his dual role mounts ahead of his Jan. 20 inauguration. Trump, a real estate magnate who owns hotels and golf resorts from Panama to Scotland, said he would spell out at a Dec. 15 news conference how he will separate himself "in total" from his worldwide business holdings, which include a winery, modelling agency and a range of other businesses. After Trump won the Nov. 8 election, his company, the Trump Organization, had said it was looking at new business structures with the goal of transferring control to Donald Trump Jr., Ivanka Trump and Eric Trump - three of his adult children who are involved with the company.
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