When Flemming Ornskov took over as chief executive of Shire in 2013, the UK-listed company was viewed as a midsized niche drugmaker best-known for its treatments for attention deficit hyperactivity disorder.
Carrying up to 20 passengers distances of around 5,500 miles, the jet proposed by Airbus's designers will soar at altitudes above 100,000ft, climbing vertically to this height under the power of its rocket motor.
LONDON Aug 4 Tata Steel has turned its long products business into a standalone unit to allow other strategic options to be pursued following the reported withdrawal of Klesch Group from talks to buy the business, it said on Tuesday.
Former City trader Tom Hayes has been sentenced to 14 years in jail after becoming the first person to be convicted by a jury of rigging the Libor interest rate.
LONDON, Aug 3 (Reuters) - European shares rose on Monday, shrugging off a slump for the Greek stock market when it reopened after a five-week shutdown, as strong results from Heineken and banks supported the broader market.