GlaxoSmithKline has been fined �37m for illegally stifling the launch of a cheap rival drug, marking the biggest penalty levied so far by the UK's new competition regulator.
Employees weld side panels of a railway train factory in Salzgitter, Germany. While a slowdown in China and other emerging markets is curbing confidence at German companies, cheap oil and record-low unemployment are boosting domestic demand.
Japan's Nikkei has closed 4.8% lower as it reacted to sharp sell-offs in European and US markets which saw London's FTSE 100 fall to its lowest level in four years on Thursday.
First-time buyers planning to climb on to the housing ladder in 2016 will have already spent an average �52,900 on rent, a new report reveals today.
TOKYO Asian shares slipped on Friday as mounting concerns about the health of European banks further threatened a global economic outlook already under strain from falling oil prices and slowdown in China and other emerging markets.