* Euro corporate bond market gears up for bumper H2 * More hybrid deals expected * M&A borrowers face leverage risks By Laura Benitez August 8 (IFR) - The European corporate bond market is expected to reload early after the summer break and is gearing up for a bumper secon
Read moreBarack Obama has authorised targeted air strikes against Islamic militants in Iraq, as the US military began an airborne operation to bring relief to thousands of minority Iraqis driven to a grim, mountain-top refuge. Describing the threats against stranded Yezidi refugees as holding the potential f
Read moreBy Brenda Goh SHANGHAI, Aug 8 (Reuters) - A British investigator and his American wife will stand trial in Shanghai on Friday in a case that is seen as key to a bribery investigation against GlaxoSmithKline Plc and has unnerved the growing community of corporate sleuths in China. Pete
Read moreLONDON, Aug 7 (Reuters) - Scientists who believed they had started to decipher links between a GlaxoSmithKline H1N1 pandemic flu vaccine and the sleep disorder narcolepsy have retracted a study after saying they cannot replicate their findings. The paper, originally published in the journal
Read moreLONDON, Aug 7 (Reuters) - GlaxoSmithKline, Britain's biggest drugs company, is close to appointing Philip Hampton as its next chairman, in a move that will coincide with his departure from Royal Bank of Scotland, Sky News said on Thursday. Sky said GSK could announce Hampton's appointment n
Read moreShire, the pharmaceutical group which has agreed to a £32bn takeover by Abbvie, saw its shares decline sharply on Wednesday on concerns that stricter rules on so-called 'tax inversion' in the States could scupper the deal. Sector peer Astrazeneca, which had recently been the target of a failed £69b
Read moreThe pharmaceutical sector dropped on Wednesday on the back of fears about risks to mergers and acquisitions (M&A) activity, with Shire sinking sharply. Concerns that stricter rules on so-called 'tax inversion' in the US could scupper Abbvie's £32bn takeover of London-listed Shire dented the latter'
Read more- Russian troops amass along Ukraine border - UK, Italian and German data disappoints - Ex-dividend stocks fall - StanChart falls after results, Shire drops FTSE 100 6,604.48 -1.17% FTSE 250 15,162.03 -1.24% techMARK 2,708.06 -1.23% Fears about a possible Russian invasion of Ukraine sparked a sell
Read more- Russia builds up troop numbers along border - German factory orders slump 3.2% - Ex-div stocks fall, Sage rises after appointing new CEO techMARK 2,728.84 -0.47% FTSE 100 6,646.91 -0.53% FTSE 250 15,263.85 -0.57% UK stocks dropped on Wednesday morning as heightened geopolitical tensions hit risk
Read more(Adds details about case) By Dan Levine SAN FRANCISCO, Aug 5 (Reuters) - An appeals court ruling that extended landmark constitutional protections for gays and lesbians will not be appealed to the U.S. Supreme Court, a spokesman for one of the drug companies in the case said on Tuesda
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