LONDON (Alliance News) - GlaxoSmithKline PLC is investigating allegations of improper conduct in its Iraq business, a spokesperson for the company confirmed Monday. "We have zero tolerance for unethical or illegal behaviour," the spokesperson said in a statement. The spokesperson note Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British drugmaker<strong> GlaxoSmithKline</strong> PLC is investigating claims of improper conduct related to its business in Iraq, less than a y Read More
LONDON (Alliance News) - Weak leads from the US and Asia have combined with continued tensions in the Ukraine to depress UK shares at the open Monday.<br /><br />Among UK corporate news at the start of the week, <strong>Kentz</strong> said it has been awarded a USD570 million services contract Read More
LONDON (Alliance News) - British drugmaker GlaxoSmithKline is investigating claims of improper conduct related to its business in Iraq, less than a year after China accused Glaxo of engaging in a bribery scheme aimed at increasing drug sales there, the New York Times reports. The Wall Stree Read More
LONDON (Alliance News) - GlaxoSmithKline PLC has sometimes withheld incentive payments to staff in China when it has found potential issues with expenses claims, and has increased its monitoring and checking of claims in the country following bribery investigations by Chinese authorities, a spoke Read More
LONDON (Alliance News) - Airlines are trading higher Friday after low-cost airlines easyJet and Flybe Group said they flew more passengers and filled more of the seats in their planes in recent weeks. <br /><br /><strong>EasyJet</strong> said it flew 5.1 million passengers in March, up from ne Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Low-cost airlines <strong>easyJet</strong> PLC and <strong>Flybe</strong> Group PLC said they flew more passengers and filled more of the seats i Read More
LONDON (dpa-AFX) - GlaxoSmithKline PLC. is reducing its employees in China, the Wall Street Journal reported citing a person familiar with the matter, as the company grapples with Beijing's accusations that it bribed doctors and officials to boost sales. Quoting the person, the Journal said Read More
LONDON (Alliance News) - <strong>Marks and Spencer</strong> Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.<br /><br />M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Wednesday said a group of non-executives was awarded shares and American Depositary Shares at GBP16.08 per share and USD53.75 each respectively Monday.<br /><br />Details are as follows.<br /><br /> <table class="ae" style="width: 400px; height: Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br />FTSE 100 - WINNERS<br /><br /><strong>Marks and Spencer</strong> Group, up 2.4%. The retailer has announced that it is planning to ope Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />---------- <strong>BP</strong> PLC announced it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-20 Read More
LONDON (Alliance News) - Shares have opened flat to slightly down Wednesday, despite a record close in the US and strong UK house price data.<br /><br />Goldman Sachs has added <strong>Go-Ahead</strong> Group to its Conviction Buy List with a price target of 2,310 pence. The bus and train comp Read More
LONDON (Alliance News) - GlaxoSmithKline PLC Wednesday said it had chosen to stop the Phase III trial of its MAGE-A3 cancer immunotherapeutic in non-small cell lung cancer patients, as it said it would not be possible to identify a sub-population of MAGE-A3 positive patients with a specific gene Read More
LONDON (Alliance News) - <strong>Weir Group</strong>'s takeover approach to Finnish rival Metso is the biggest of a flurry of deals and potential deals announced Tuesday, with <strong>GKN</strong> acquiring the William's Formula 1 team parent's hybrid engine unit and <strong>Capita</strong> bo Read More
LONDON (Alliance News) - GlaxoSmithKline PLC said Tuesday a Phase III study of patients with advanced renal cell carcinoma showed that 70% of patients preferred Glaxo's Votrient treatment to Sutent, which is owned by CP Pharmaceuticals International C.V. CP Pharmaceuticals is comprised of Read More
LONDON (Alliance News) - <strong>Babcock International Group</strong> is leading the FTSE 100 higher Monday after its Cavendish Fluor Partnership joint venture was selected as the preferred bidder for a GBP7 billion nuclear plant decommissioning contract.<br /><br />The joint venture with Fluo Read More