GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million fine in China, but the drugmaker has its work cut out to win back skeptical investors.
Regions
Asia braces for the worst from China factory survey
Asian shares slipped on Tuesday as a periodic bout of angst over China combined with the U.S. dollar's recent meteoric run to pile pressure on commodity prices.
Air France strike crisis deepens as both sides dig in
A bitter Air France labor dispute deepened on Monday as management pledged to press ahead with its low-cost airline ambitions and pilots said that an eight day-old strike over the proposals would continue indefinitely as a result.
U.S. asset manager Fortress seeks more Japan hotel investments amid tourism boom
Fortress Investment Group (FIG.N) is prioritizing investments in hotels in Japan, a senior executive said on Monday, as the U.S. asset manager seeks to cash in on a government drive to boost tourism ahead of the 2020 Tokyo Olympics.
Google selects HTC for upcoming Nexus tablet
Google Inc has selected HTC Corp to make its upcoming 9-inch Nexus tablet, the Wall Street Journal reported, citing people familiar with the matter. Google had been mulling HTC as a potential Nexus tablet partner since last year and HTC engineers have been flying to the Googleplex
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Drugs and chemicals maker Merck KGaA (MRCG.DE) said it agreed to acquire Sigma-Aldrich (SIAL.O) for $17 billion in cash to boost its Merck Millipore lab supplies business in the biggest takeover in the German group's history, lifting its shares.
Independent health advisers to the World Health Organization (WHO) have assessed that there should be no general ban on travel or trade with countries reeling from an Ebola epidemic in West Africa, the U.N. agency said on Monday.
Germany's economy remains robust, the country's central bank said on Monday, predicting a generally positive end to the year despite a slowdown so far.
The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday will announce pledges to divest a total of $50 billion from fossil fuel investments.
Britain's biggest mobile operator EE has agreed to buy 58 stores from retailer Phones 4u [PHONE.UL] for 2.5 million pounds (4 million US dollar), after the retailer was placed in administration a week ago.
Data storage products maker EMC Corp (EMC.N) held merger talks with rivals Dell Inc [DI.UL] and Hewlett-Packard Co (HPQ.N), the Wall Street Journal reported citing people familiar with the matter.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
Tesco (TSCO.L) has lowered its forecast for first-half profit by 250 million pounds ($408.50 million), its third warning this year, after finding a fault in its accounts, in the latest blow to the reputation of Britain's biggest grocer.
As it strives to energize its Cadillac brand that once led the U.S. luxury auto market, General Motors Co said on Friday it will begin production of a new "top-end, high-technology car" by the end of 2015.
