GSK to buy eczema drug from Swiss group GSK to buy eczema drug from Swiss groupThe UK group is to pay at least £146m for Toctino, an oral medication developed by Basilea, as it seeks to diversify its dermatology division
Pope's ex-banker ‘fears for his life' Pope's ex-banker ‘fears for his life'Ettore Gotti Tedeschi is depicted as an ‘erratic' manager, pathologically disturbed, or the victim of an internal power struggle
BlackRock plans property fund launch BlackRock plans property fund launchThe company plans to make direct loans to European commercial property developers, taking advantage of a slowdown in lending by European banks
America Movil raises KPN stake to 7.3% America Movil raises KPN stake to 7.3%Purchases by the Latin American provider raise the pressure on KPN which is resisting the buy-in effort by America Movil and its owner Carlos Slim
Germans put their wealth into property Germans put their wealth into propertyPrices for waterfront homes in Hamburg, the Bavarian Alps and other beach resorts have risen up to 60 per cent in the past three years
Fonsai / Unipol Fonsai / UnipolInsurer's board must ignore the distracting corporate cacophony in what is a rare example of a competitive Italian takeover
Spirited Asian showing by Rémy Spirited Asian showing by RémyThe French spirits group is to pay a special dividend after robust sales of its premium cognac in the region increased full-year net profits by 57%
Apax and JMI in $1bn deal for Paradigm Apax and JMI in $1bn deal for ParadigmBuyout groups buy software provider for the oil and gas industry, in a further indication of private equity's interest in energy-related assets
BMW to build hybrid car engine in UK BMW to build hybrid car engine in UKThe German group is the latest carmaker to expand in the UK and will make the high-tech engine for its i8 hybrid car at its plant near Birmingham
China car sales buck slowdown trend China car sales buck slowdown trendFigures up 22 per cent year on year in May, with market expected to strengthen further, driven by continuing urbanisation and a growing middle class