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Exclusive - GSK faces new corruption allegations, this time in Romania

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LONDON - Drugmaker GlaxoSmithKline , which was fined a record 3 billion yuan ($483 million) for corruption in China last year and is examining possible staff misconduct elsewhere, faces new allegations of bribery in Romania.

Exclusive: GSK faces new corruption allegations, this time in Romania

LONDON - Drugmaker GlaxoSmithKline, which was fined a record 3 billion yuan ($483 million) for corruption in China last year and is examining possible staff misconduct elsewhere, faces new allegations of bribery in Romania.

29 Jul 2015

India set to become world's most populous country by 2022 - U.N.

LONDON (Thomson Reuters Foundation) - India is set to overtake China and become the world's most populous country in less than a decade - six years sooner than previously forecast, the United Nations said on Wednesday.

29 Jul 2015

India set to become world's most populous country by 2022 - U.N.

LONDON (Thomson Reuters Foundation) - India is set to overtake China and become the world's most populous country in less than a decade - six years sooner than previously forecast, the United Nations said on Wednesday.

World, Top News 29 Jul 2015

Philippine military seeks almost triple defence spending amid China dispute

MANILA - Philippine generals on Wednesday asked Congress to almost triple annual defence spending over the next five years to upgrade equipment amid an escalating marine dispute with giant neighbour China.

29 Jul 2015

VW lowers sales goal as demand in China slows down

BERLIN - Volkswagen lowered its sales forecast as demand weakens in China, where the group's largest division delivers more than 40 percent of its vehicles, outweighing gains in Europe.

29 Jul 2015

China July official factory PMI seen steady at 50.2 but still tepid

BEIJING - Growth in China's manufacturing sector likely steadied in July but remained at a subdued pace, a Reuters poll showed, fuelling hopes that a slowdown in the world's second-largest economy may be gradually bottoming out.

29 Jul 2015

Alibaba cloud unit sets sights on Amazon in $1 billion global push

BEIJING - China's Alibaba Group Holding Ltd said on Wednesday it would invest $1 billion into its Aliyun cloud computing arm to challenge Amazon.com Inc's lucrative Web Services division, opening a global front in the battle between the two e-commerce giants.

29 Jul 2015

CORRECTED-Alibaba cloud unit sets sights on Amazon in $1 billion global push

BEIJING, July 29 - China's Alibaba Group Holding Ltd said on Wednesday it would invest $1 billion into its Aliyun cloud computing arm to challenge Amazon.com Inc's lucrative Web Services division, opening a global front in the battle between the two e-commerce giants.

29 Jul 2015

China stocks fall for fourth day but declines ease, Hong Kong shares up

HONG KONG, July 29 - China stocks fell for a fourth day on Wednesday but losses were more subdued than earlier in the week after Beijing reiterated its determination to stabilise its wild equity markets.

29 Jul 2015