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Govt cuts petrol price by Rs2 a litre

ISLAMABAD: The government has announced to reduce petroleum product prices by as much as six rupees a litre, ARY News reported. On recommendations of Oil & Gas Regulatory Authority (OGRA), Prime Minister Imran Khan has approved these changes in the prices of petroleum products. Prices of diesel and petrol were slashed by Rs6.37 and Rs2.41 a litre respectively. No significant changes were made in prices of kerosene oil and light diesel oil. Kerosene price was reduced by Rs0.46 a litre, while light diesel price…

OxyContin maker stops promoting opioids, cuts sales staff

OxyContin maker Purdue Pharma LP said on Saturday that it has cut its sales force in half and will stop promoting opioids to physicians, following widespread criticism of the ways that drugmakers market addictive painkillers. The drugmaker said it will inform doctors on Monday that its sales representatives will no longer visit physician offices to discuss its opioid products. It will now have about 200 sales representatives, Purdue said. “We have restructured and significantly reduced our commercial operation and will…

Panama cuts ties with Taiwan, switches to China

PANAMA CITY: Panama and China announced on Tuesday they were establishing diplomatic relations, as the Central American nation became the latest to dump Taiwan for closer ties with the world's second-largest economy. The move prompted an angry response from Taiwan and will likely further strain ties between Taipei and Beijing, which considers the self-ruled island a renegade province awaiting reunification with the mainland. Taiwan is recognised by around 20 countries worldwide and its status is one of the most…