UK pharmaceuticals firm GlaxoSmithKline (GSK) has scrapped plans to spin off its stake in ViiV Healthcare, the HIV drugs business.
BRUSSELS�The European Union unveiled a signature plan to unite the region's fragmented online markets and crack down on possible abuses by U.S.
Sainsbury's has reported its first annual loss in a decade after being forced to cut prices and write down the value of its stores and property assets.
LONDON/PERTH (Reuters) - BHP shareholders overwhelmingly approved the spin-off of new mining and metals group South32, clearing the way for a listing this month that will test investor sentiment towards the battered mining sector.
PRUDENTIAL will post "very strong" first-half earnings, outgoing chief executive Tidjane Thiam said, as the insurer reported an 11 per cent decline in new business profit in the first quarter.