GSK drops plans for IPO of HIV drugs unit

Pharma group promises to hold dividend steady for three years

Sex doesn’t sell for Playboy in China

Censorship has stripped ‘bunny ears’ brand of erotic connotations

US accused of destroying Andorran bank

Family says it was given no notice of money laundering allegation

Ben van Beurden of Royal Dutch Shell said the deal for BG Group was 'an incredibly exciting moment' for the Anglo-Dutch major

Shell faces huge task in integrating BG

Cultural differences highlight the scale of the challenge of combining the companies

Rangers probe police visit Sports Direct

Sportswear company pulled into investigations of football club

Alexion drug manufacturing

Alexion to buy Synageva for $8.4bn

Acquisition by drug developer latest sign of biotech buzz

Accel invests $75m in Chinese drone maker

Funding will be used to expand into more industrial areas

Low interest rates dent profits at Prudential

Earnings drop in the US and UK but climb in Asia

Citi investors join the war on lobbying

Owners of companies can be a check on undue political influence

Start-up succeeds with green compressor

Lontra waste treatment trial shows energy savings of 20%

Fiat beeps at ‘powerless’ analysts

Earnings call gets existential: ‘Own the responsibility, Max’

Sainsbury risks backlash from overstretch

Supermarket might stagger any destruction of value

Imperial upbeat on Reynolds-Lorillard deal

British group does not expect major changes from US competition authorities

SuperGroup’s sales rebound

Fashion retailer’s revenues up 12.5% after strategy shake-up

SocGen and Crédit Agricole see recovery

French banks report signs of economic upturn

Sage overhaul to build on profit increase

Software group warns of North American unit dragging on growth

Sales of premium beer boosts AB InBev

Strong performance in China and Latin America lifts Belgian brewer

Sainsbury suffers first loss in a decade

Charges of £753m wipe out retailer’s underlying profit

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