Rich :: Richest 2 percent own half world wealth

The richest 2 percent of adults in the world own more than half of global household wealth according to a path-breaking study by the Helsinki-based World Institute for Development Economics Research of the United Nations University (UNU-WIDER). “World Distribution of Household Wealth,” is the first study of its kind to cover all countries in the world and all major components of household wealth, including financial assets and debts, land, buildings and other tangible property.

HIV :: 40 million HIV/AIDS cases – UN update

Some 2.9 million people have died this year from AIDS-related illnesses, and 4.3 more million were infected with HIV, according to the U.N.’s AIDS epidemic update report. The disease’s spread was most notable in East Asia, eastern Europe and Central Asia.

Health :: Bayer HealthCare acquires western OTC cough & cold business of Topsun Science and Technology

Bayer HealthCare (BHC) and Topsun Science and Technology Co., Ltd. (Topsun, 600771.SS) together announced that BHC’s Consumer Care Division has signed an agreement in China to acquire the Western over-the-counter (OTC) cough and cold portfolio of Topsun Science and Technology Qidong Gaitianli Pharmaceutical Co., Ltd. for the consideration of RMB 1,072 million (approximately EUR 103 million) plus contingent payments of RMB 192 million (approximately EUR 19 million) subject to fulfilment of certain performance criteria.

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