Business

GSK's new CEO aims to divest sports nutrition brand: sources

GSK's new CEO aims to divest sports...

1 hour 6 min ago

LONDON - GlaxoSmithKline Plc's <GSK.L> new Chief Executive Officer Emma Walmsley is shaking up the British drugmaker's portfolio of smaller products with plans to divest...

Critics say Whole Foods deal would give Amazon an unfair advantage

Critics say Whole Foods deal would...

1 hour 18 min ago

WASHINGTON - While antitrust experts expect Amazon.com Inc's <AMZN.O> bid for Whole Foods Market Inc <WFM.O> to win regulatory approval, some critics argue the deal...

Biggest U.S. banks clear first hurdle in Fed's annual stress tests

Biggest U.S. banks clear first hurdle...

1 hour 40 min ago

WASHINGTON/NEW YORK - The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme...

Parent of Burger King, Tim Hortons to curb antibiotics in chicken

Parent of Burger King, Tim Hortons to...

1 hour 50 min ago

LOS ANGELES - The parent of Burger King and Tim Hortons on Thursday vowed to cut the use of antibiotics in its chicken supply, joining other major fast-food chain operators in...

Airbus' Leahy reveals negotiating tricks after 'last air show'

Airbus' Leahy reveals negotiating...

June 23

PARIS - Airbus <AIR.PA> sales chief John Leahy, one of the dominant figures of modern aviation, hinted on Thursday he would retire this autumn, as he wrapped up what he...

Unilever shows innovation still intact with 'once-in-a-decade' laundry soap

Unilever shows innovation still...

June 23

PORT SUNLIGHT, England - Nearly three months after Unilever <ULVR.L> <UNc.AS> CEO Paul Polman promised shareholders greater returns coupled with investments to drive...

IPO value slumps in first half of year, set to pick up later

IPO value slumps in first half of...

June 23

SINGAPORE — Initial public offerings (IPO) on the Singapore Exchange (SGX) slumped by more than three quarters in the first half of the year from the corresponding period last...