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French Finance Minister Christine Lagarde expects a significant pickup in global growth next year, led by emerging countries such as China and India.

Financial Investing

Oxford Finance leads $30 million credit facility provided to Cadence for launch of OFIRMEV

Oxford Finance Corporation, a subsidiary of Sumitomo Corporation, today announced that it was the lead lender for a $30 million credit facility provided to Cadence Pharmaceuticals. Silicon Valley Bank and GE Financial Services, Inc. also participated in the loan agreement. This infusion of capital will support the company's potential launch of their investigational product candidate, OFIRMEV ...

Finance dep't to look into NFA, DPWH mess

Finance secretary Cesar Purisima on Thursday said his department will look into allegedly anomalous deals the National Food Authority and the Department of Public Works and Highways entered into during the Arroyo administration, with specific focus on possible tax issues.

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