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Drugmaker GSK to split after folding in Pfizer consumer unit

GlaxoSmithKline plans to split into two businesses — one for prescription drugs and vaccines, the other for over-the-counter

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China and the U.S. hold vice-ministerial talks on trade issue

China and the U.S. held a "vice-ministerial level" telephone call on trade and other economic issues, according to

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Fed expected to raise rates, may signal fewer hikes ahead

The U.S. Federal Reserve is expected to raise interest rates on Wednesday, but may cut the number of hikes it anticipates nex

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Nepal eyes at three broader categories of Chinese tourists

**BY APD ** writer Ishwar Khanal Perhaps, Suraj Vaidya, National Coordinator of Visit Nepal 2020 and his team, feels pressuri

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Ghosn, Nissan formally charged in financial misconduct scandal

Tokyo prosecutors indicted Carlos Ghosn, the ousted chairman of Nissan, for under-reporting his income, and officially charge

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Urjit Patel quits as India’s central bank governor

The head of Reserve Bank of India (RBI) Urjit Patel announced his resignation on Monday, marking the first governor to quit b

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APD | World Bank recognises India as top remittance recipient

By APD writer Rishika Chauhan NEW DELHI, Dec.10(APD) -- According to World Bank’s Migration and Development Brief released on

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China's Anta to purchase Finnish Amer Sports

Anta Sports, one of China's leading manufacturers of sports equipment announced Friday that it has joined other parties to fo

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Danske Bank elects new chairman to steer bank through crisis

Danske Bank elected the favored candidate of its top shareholder as its new chairman on Friday to help steer the Danish lende

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APD | China’s Mengniu inaugurates first oversea dairy facility in Indonesia 

By APD writer Aditya Nugraha JAKARTA, Nov. 30 (APD) -- China’s dairy firm inaugurated its Indonesian factory on Thursday, pro

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British housing construction poses strongest growth in 10 years

The British construction sector recovered at a fast pace in November with output and employment both rising at the sharpest r

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Little progress made on access to hard-to-reach areas in Syria

With perhaps 250,000 Syrians cut off from aid in besieged communities across the war-torn country, greater efforts are needed

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U.S. Fed passes revised capital plans of Goldman, JPMorgan

U.S. Federal Reserve said on Monday that it has passed the new capital plans submitted by Goldman Sachs Group, Inc. and JPMor

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Canada's biggest aquarium exposes mystical underwater world

Whether it's the unusual sleeping habits of the wobbegong sharks, or simply the beauty of dozens of jellyfishes gathered toge

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France condemns French school shelling in Syria

France strongly condemned the shelling of a French school in the Syrian capital of Damascus, Foreign Affairs Minister Laurent

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Clashes intensify in Syria as peace talks date announced

The intensity of clashes between the rebels and the Syrian government troops have intensified over the past couple of days an