GSK to buy eczema drug from Swiss group

GSK to buy eczema drug from Swiss group

The 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 launch

The 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 property

Prices 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 / Unipol

Insurer'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 Rémy

The 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 Paradigm

Buyout 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 UK

The 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 trend

Figures up 22 per cent year on year in May, with market expected to strengthen further, driven by continuing urbanisation and a growing middle class
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