Herve Gisserot replaces Mark Reilly as GSK's head of operations in China in the wake of the bribery scandal faced by the pharmaceutical company.
Investors
EU regulators accept Penguin's pledge to scrap Apple ebook deals
The European Commission accepted the book publisher's pledge to end its ebook deals with Apple that breached EU laws on competition.
Spain's unemployment rate falls, the first time in two years
For the first time since 2011, the Spanish unemployment rate fell. Spain's unemployment rate dropped for the first time in two years. From a high of 27.
Lanco discusses restructuring of US$1.5 billion debt
India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
Liberty Global acquires additional stakes in Ziggo
Liberty Global increased their stakes in Ziggo from 12.65% to 28.5%. Liberty Global announced that they have increased their stake in the Dutch cable operator Ziggo.
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Samsung continued to see growth in its market share. Although Samsung may not have performed well in terms of profit, it was gaining some traction in terms of market share.
Samsung reported not-good-enough profit, which could be a sign of market saturation. Samsung reported a record profit at KRW7. 8 trillion (US$7 billion).
The Alfonso Soriano trade will bring salary relief to the Cubs and is also part of the team's asset management plan.
The New York Yankees will pay US$6.8 million for acquiring Alfonso Soriano. The trade for outfielder Alfonso Soriano of Chicago Cubs to the New York Yankees was finalized Friday.
Apple bagged "Brand of the Year" award for the second consecutive year. For the second consecutive year, Apple bagged the "Brand of the Year" award from Harris Interactive.
Swiss banking giant UBS settled with the US Federal Housing Finance Agency to pay USD 885 million to Fannie Mae and Freddie Mac.
The recent cyber attack on Regions Bank provides a new opportunity for venture capitalists. Regions Bank was attacked Friday, leading customers confused and worried.
Excellence Real Estate Group Ltd acquired two commercial sites in Shenzhen's Qianhai special zone.
China's official news outlet said that more foreign pharmaceutical firms in the country could face the possibility of getting investigated for corruption.
