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six-year low

New drug approvals fall to six-year low in 2016

LONDON: Last year turned out to be a disappointing one for new drug approvals with the US Food and Drug Administration clearing just 22 new medicines for sale, the lowest number since 2010 and sharply down on 2015's tally of 45. Across the…

Gold dives close to six-year low

LONDON: Gold sank Wednesday close to the lowest level in nearly six years, as the dollar rallied on prospects for a December interest rate hike from the US Federal Reserve.