LONDON (Reuters) - GlaxoSmithKline (GSK.L) cut its 2014 earnings outlook after sales fell by a worse-than-expected 13 percent in the second quarter as its all-important lung drugs struggled in the United States and a strong pound took a bite out of growth.
PayPal will offer cash advances to small businesses in the UK as an alternative to traditional loans, the online payments firm has announced.
(Adds Ryanair to appeal). BRUSSELS, July 23 (Reuters) - Irish low-cost carrier Ryanair must repay about 10 million euros ($13.47 million) in illegal state aid it received from France for operating at three small regional airports, European Union regulators said ...
The number of mortgage approvals for house purchases edged up marginally in June, but have dropped sharply since the start of the year because of stricter lending policies and a fall in demand.
13.15: The Footsie held on to its modest gains at lunchtime helped by a strong session for mobile phone giant Vodafone and a 4 per cent jump by outsourcing firm Capita, although drugs giant GlaxoSmithKline was a drag as latest earnings disappointed.