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India

Justin George Varghese

GSK recalls popular heartburn drug Zantac globally after cancer scare

09 Oct 2019

GlaxoSmithKline on Tuesday said it is recalling the popular heartburn medicine Zantac in all markets as a "precaution", days after the U.S. Food and Drug Administration found "unacceptable" levels of probable cancer-causing impurity in the drug. | Video

Confident Melrose hikes dividend as profit rise lifts shares

05 Sep 2019

Melrose Industries Plc flagged its confidence in meeting full-year forecasts on Thursday as the turnaround specialist reported a better-than-expected first-half profit, despite weakness in its automotive business.

REFILE-UPDATE 2-Confident Melrose hikes dividend as profit rise lifts shares

05 Sep 2019

Sept 5 Melrose Industries Plc flagged its confidence in meeting full-year forecasts on Thursday as the turnaround specialist reported a better-than-expected first-half profit, despite weakness in its automotive business.

UPDATE 2-Ferguson to split off UK arm, new CEO to focus on U.S.

03 Sep 2019

* Shares rise as much as 3.7% to highest in almost a year (Adds shares, analyst comments, context on performance)

Recruiter Hays sees tougher conditions in UK, Germany, shares slide

29 Aug 2019

Hays Plc is seeing increasing signs of weakening business confidence in Germany and Britain, the recruiter said on Thursday, sending its shares down as much as 5% despite posting higher annual net fees.

UPDATE 2-Recruiter Hays sees tougher conditions in UK, Germany, shares slide

29 Aug 2019

Aug 29 Hays Plc is seeing increasing signs of weakening business confidence in Germany and Britain, the recruiter said on Thursday, sending its shares down as much as 5% despite posting higher annual net fees.

AstraZeneca respiratory business gets boost from 3-drug inhaler results

28 Aug 2019

Prospects for AstraZeneca's respiratory treatments business improved on Wednesday as a three-drug inhaler was shown to ease smoker's lung and U.S. regulators granted its injectable asthma drug Fasenra special status for a rare lung condition.

G4S open to offers for cash business after split approved

09 Aug 2019

G4S will look at offers for all or part of its cash transport business after its board approved hiving it off into a separate company in the first half of 2020.

UPDATE 2-Britain's G4S open to offers for cash business after split approved

09 Aug 2019

* Shares rise as much as 9% (Adds details, background, share price)

Sirius Minerals suspends crucial $500 million bond sale, shares plunge

06 Aug 2019

Sirius Minerals Plc has suspended a planned $500 million bond sale that is central to the funding of its polyhalite mining project in northern England, sending shares in the fertiliser maker down more than 30%.

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