GlaxoSmithKline Plc announced Friday that its Chinese unit GSK China Investment Co. Ltd or GSKCI was ordered to pay a fine of 297 million pounds or 3 billion Chinese yuan, after a Chinese court found the unit guilty of bribing non-government personnel.
In a historic referendum to decide whether Scotland should become independent from the United Kingdom, majority of voters polled against it. In a vote that saw an unprecedented turnout Thursday, the campaign in favor of Scotland remaining in the UK, "Better Together", received 2,001,926 votes, or 55 percent. The campaign in favor of Scottish independence, called "Yes Scotland", had the support o
U.K. retail sales increased in August as sale of high powered vacuum cleaners and furniture, offset the decline in food store demand. Including auto fuel, retail sales volume increased 0.4 percent in August from July, when it remained flat, the Office for National Statistics reported Thursday. The monthly growth rate matched expectations.
A historic referendum that decides the future of Scotland has begun. The Scots are voting Thursday on whether Scotland should become an independent country or stay in the United Kingdom. Voting opened at 7am local time in more than 2,600 polling stations, where voters are given the "Yes" and "No" options to the referendum question: "Should Scotland be an independent country?." More than four milli
Low-cost airline easyJet Plc. (ESYJY.PK, EZJ.L) Thursday said its board has decided to increase the dividend for the financial year ending September 30, citing the continued strong financial performance and confidence in the future.
Policymakers of the Bank of England split on the rate decision in September as two members repeated their call for a quarter- point hike given the rapid absorption of slack with economic growth. The British unemployment rate continued to fall in July, reaching the lowest since late 2008, and jobless claims declined more than expected in August.
UK-based multi-media and information company Daily Mail & General Trust Plc. (DMGT.L) Wednesday said its trading in the eleven month period to the end of August was in line with expectations, and that group outlook for the year has been reconfirmed despite currency headwinds. The stock fell 7 percent in early morning trade.
U.K. inflation slowed marginally as expected in August on falls in prices of motor fuels and food, data from the Office for National Statistics revealed Tuesday. Factory-gate prices declined for the second straight month indicating benign inflationary pressures in the pipeline. Consumer prices rose 1.5 percent year-on-year in August, slower than the 1.6 percent rise in July.
Tour operator Thomas Cook Group Plc Tuesday said it expects operational performance in fiscal 2014 to show a material improvement over last year, despite recent downturn in consumer confidence in Germany. The shares fell more than 6 percent in the morning trade in London.
French advertising firm Publicis Groupe SA (PGPEF.PK, PUBGY.PK) Tuesday said the terms of office of its chief executive officer Maurice Lévy would end at the General Assembly meeting convened to approve the consolidated financial statements for fiscal year 2016, even as it said its Chief Operating Officer Jean-Yves Naouri would no longer be on the Management Board.