MUMBAI (Reuters) – GlaxoSmithKline Plc has no plans to delist its Indian consumer products arm GlaxoSmithKline Consumer Healthcare Ltd, David Redfern, chief strategy officer at Britain’s biggest drugmaker, said on Monday.GSK said earlier it planned to buy up to an additional 31.8 percent stake in the Indian unit for 52.2 billion rupees ($ 939 million).The company has been expanding into both emerging...
The Man With a China Growth Plan
Label: BusinessChina’s premier-elect, Li Keqiang, ran a province of 93 million people that endured three deadly fire disasters and an HIV blood scandal on his watch. His run of bad luck as Governor of Henan from 1998 to 2004 earned him the nickname Three-Fires Li in the foreign press. Beijing’s Communist officialdom, however, has high hopes for Li, an award-winning economist for his work on urbanization, in his...
Israel successfully tests missile defense system
Label: WorldJERUSALEM (AP) — Israel successfully tested its newest missile defense system Sunday, the military said, a step toward making the third leg of what Israel calls its “multilayer missile defense” operational.The “David’s Sling” system is designed to stop mid-range missiles. It successfully passed its test, shooting down its first missile in a drill Sunday in southern Israel, the military said.The system...
First Person: Unemployed, Disabled and Hungry for Work
Label: HealthFive million Americans are among the long-term unemployed–those without a job for 27 weeks or longer–according to the Bureau of Labor Statistics. Another 7.3 million are looking for work, while the unemployment rate sits at 7.9 percent. Numbers aside, individual stories illustrate how America is affected. To see how joblessness hits home, Yahoo News asked unemployed workers to share their job-hunting...
Germany rejects Swiss tax deal
Label: Business23 November 2012 Last updated at 11:29 ETGermany’s upper house of parliament has rejected a deal with Switzerland to tax German assets held in Swiss bank accounts.The deal would have allowed Germans with undeclared assets in Switzerland to avoid punishment by making a one-off payment of between 21% and 41% of the value of their assets.The deal had been negotiated in April and was due to take effect...
Egypt reformist warns of turmoil from Morsi decree
Label: WorldCAIRO (AP) — Prominent Egyptian democracy advocate Mohammed ElBaradei warned Saturday of increasing turmoil that could potentially lead to the military stepping in unless the Islamist president rescinds his new, near absolute powers, as the country’s long fragmented opposition sought to unite and rally new protests.Egypt‘s liberal and secular forces — long divided, weakened and uncertain amid the...
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Secret message found with carrier pigeon may never be deciphered
Label: TechnologyBritish man finds carrier pigeon skeleton in his fireplace with unbreakable secret code (Reuters)Before military forces had secure cell phones and satellite communications, they used carrier pigeons. The highly trained birds delivered sensitive information from one location to another during World War II. Often, the birds found the intended recipient. But not always.A dead pigeon was recently...
One Direction makes Billboard history, holds off Aguilera, Del Rey
Label: LifestyleLOS ANGELES (Reuters) – British boyband One Direction made Billboard chart history on Wednesday after storming to the top of the 200 album chart with their second album “Take Me Home,” holding off competition from Christina Aguilera, Soundgarden and Lana Del Rey.“Take Me Home” notched the third-biggest opening week sales of the year with 540,000 units sold according to figures from Nielsen SoundScan,...
Four new cases of SARS-like virus found in Saudi, Qatar
Label: HealthLONDON (Reuters) – A new virus from the same family as SARS which sparked a global alert in September has now killed two people in Saudi Arabia, and total cases there and in Qatar have reached six, the World Health Organisation said.The U.N. health agency issued an international alert in late September saying a virus previously unknown in humans had infected a Qatari man who had recently been in Saudi...
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