Teva says CEO Makov to retire in 2007

Wednesday, October 18, 2006, 20:09 [IST]

NEW YORK, Oct 18 (Reuters) Teva Pharmaceutical Industries Ltd. on Wednesday said Chief Executive Officer Israel Makov has announced plans to retire during 2007.

Makov, 67, will be replaced by Shlomo Yanai, who will join the company as president and CEO-designate during the first part of 2007, the Israel-based generic drug maker said.

Yanai will join Teva from Makhteshim Agan Industries Ltd., a manufacturer and distributor of generic crop protection chemicals, Teva said.

''Today's announcement is part of our planned succession strategy,'' Eli Hurvitz, Teva's board chairman, said in a statement.

REUTERS DKS HS1946

Other articles published on October 18, 2006

McAfee says Microsoft fails to keep EU bargain

Wednesday, October 18, 2006,20:10 [IST]

BRUSSELS, Oct 18 (Reuters) Microsoft has failed to keep its part of a new bargain to cooperate with security software companies, falling short of commitments to the EU, one of the security firms, McAfee, said on Wednesday. Microsoft has had a long-running legal battle with Brussels over its software and last week promised the European Union's executive Commission it would alter its new Vista operating system to enable rival firms to develop ancillary software......

OPEC keen to make oil cut, avoid quota fight

Wednesday, October 18, 2006,20:10 [IST]

DOHA, Oct 18 (Reuters) OPEC ministers' shared determination to cut oil supplies and halt a steep drop in prices may silence squabbles over market share when the group meets here on Thursday, delegates say. In the two weeks since a plan to remove 1 million barrels per day (bpd) was made public, producers have failed to agree on how to share out the reduction, OPEC's first since April 2004. To sidestep the issue of quotas,.....

Limitless Updates

India News

News Archives

Apple says shipped iPods carrying computer virus

Wednesday, October 18, 2006,20:10 [IST]

NEW YORK, Oct 18 (Reuters) Some of Apple Computer Inc.'s iPod digital music players shipped in the past month carry a computer virus, according to a posting on Apple's technical support Web site. Apple said since Sept. 12, less than 1 percent of Video iPods -- pocket-sized devices that can play music files and video clips -- left its contract manufacturer carrying the virus RavMonE.exe, which affects computers running Microsoft Corp.'s Windows operating system......

Essel Propack Q3 net down 25 pc

Wednesday, October 18, 2006,20:33 [IST]

Mumbai, Oct 19 (UNI) Essel Propack Ltd has posted a net profit of Rs 10.1 crore for the quarter ended September 30, 2006 as compared to Rs 13.4 crore for the quarter ended September 30, 2005, a fall of 24.62 per cent. Announcing the results, the company said its total income has increased from Rs 69.1 crore for the quarter ended September 30, 2005 to Rs 76.5 crore for the quarter ended September 30,.....

Election office directs voters to surrender extra EPIC by Dec 26

Wednesday, October 18, 2006,20:33 [IST]

Santiniketan, Oct 18 (UNI) West Bengal Chief Electoral Officer Debashis Sen today warned that any voter, who is holding more than one Election Photo Identity Card (EPIC) must surrender the rest by December 26 or else punitive action would be taken against the offender. Mr Sen, who was here to monitor the ongoing process of EPIC, said the State Election Office had information that many voters were carrying more than one EPIC. Many electors.....