SHANGHAI: Chinese authorities on Wednesday deported a British investigator and his wife linked to a corruption case involving pharmaceutical giant GlaxoSmithKline (GSK), after releasing them from jail over a week ago, family sources said...
The couple ran an investigative firm, ChinaWhys, which was hired by GSK to probe a sex tape of the company’s then China boss and other issues shortly before the British pharmaceutical company...
KARACHI: GlaxoSmithKline (GSK) Pakistan Ltd on Tuesday announced demerger through scheme of arrangement, whereby its healthcare business would be separated into a legal entity ‘GSK Consumer Healthcare Pakistan Ltd’...
“It will be based on a proposed share issue, where three shares of GSK Consumer Healthcare Pakistan Ltd will be issued to the shareholders of the company for every 10 shares held by them,” the company said...
The new company, owned 55 per cent by GSK and 45pc by Verily, will be based at GSK's Stevenage research centre north of London, with a second research hub in South San Francisco...
It is GSK's second notable investment in Britain since the country voted to leave the European Union in June...
The Sanofi-GSK deal is for 100 million doses, at two per person, and gives the government an option to purchase an additional 500 million doses at an unspecified price...
Sanofi and GSK plan to start clinical trials for the vaccine in September...
KARACHI: India has succeeded to penetrate in Kabul slashing the market share of Pakistan by more than 50 per cent in the last two years, Chairman Pakistan-Afghanistan Joint Chamber of Commerce and Industry Zubair Motiwala told Dawn on Friday...
Motiwala who recently visited Kabul said the penetration of India and China has limited Pakistan’s option to retain its market share while India subsidises heavily on its exports...
WASHINGTON: Samsung and Apple maintained their leadership in the smartphone market in early 2017 while Chinese-based Huawei’s strong growth cemented its number three position, a market tracker said Thursday...
”Reith said the 2017 market will feel the impact of the new Samsung Galaxy S8 flagship handset, and a widely expected announcement from Apple for its new iPhone later this year...
RIYADH: Who won this round of oil market battle?Few insiders in Riyadh are beginning to smell victory...
The Paris-based International Energy Agency, however, believes, the battle for markets share is just getting started...
Market watchers contended that the smooth transition of power to the new prime minister, who quickly put together his cabinet, also helped boost investor sentiments...
Engro Corporation, Sui Northern Gas Pipelines, Pakistan State Oil (PSO), Oil and Gas Development Company and Pakistan Oilfields pulled up the index, adding cumulative 406 points during the week...
Global smartphone sales saw a modest decline in the second quarter of 2017, as market leaders Samsung and Apple consolidated their positions, a survey showed Wednesday...
3 per cent market share...
Its four-year-old money market fund Yu’e Bao hit $100 billion in just over a year and is now the world’s largest...
A report by Google and Temasek Holdings last year forecast that the South-east Asian e-commerce market will grow at around 32pc a year to be worth $88 billion by 2025...
KARACHI: The market share of inverter air conditioners (ACs) has jumped this year on the back of competitive prices and the fact that people tend to conserve energy more...
The share of split ACs with and without inverters used to be equal in 2015-16; but now ACs with inverters hold 70 per cent market share, a Lahore-based assembler of split air conditioners said...
KARACHI: Islamic banking has been growing fast to capture 20 per cent share in the overall banking industry by 2020 while its cumulative average growth rate of deposits is over 50pc...
Several major initiatives pertaining to promotion of Islamic banking have been taken by the Steering Committee constituted in December 2013 which included establishment of separate Islamic Finance Department at SECP to promote Islamic capital market...
KARACHI: Market share of Islamic banking assets and deposits in the banking industry reached 11...
The share of net financing and investments in total assets (net) of IBI stood at 39...
THE decision by Atlas Honda Ltd to cut prices of its popular, smaller engine motorcycles this March to boost its sagging market share appears to have delivered the intended results...
The higher sales significantly boosted the company’s profit-after-tax by 22pc to Rs701m from Rs573m during the period under review and strengthened its earnings-per-share to Rs6...
ISLAMABAD: The government-run Pakistan State Oil (PSO) lost its overall market share by about eight per cent to private oil marketing companies (OMCs) during 2013-15...
According to an official presentation, PSO’s fuel market share plummeted to 56...