GlaxoSmithKline is to buy Basilea's new eczema drug Toctino for an initial 146 million pounds ($227 million) to boost its Stiefel dermatology business, the two companies said on Tuesday. The Swiss biotech
Turkey steeply reduced its imports of Iranian crude oil in May, bowing to international pressure ahead of planned EU and U.S. sanctions, shipping data seen by Reuters showed. The figures show Turkey,
Euro zone member Cyprus strongly hinted on Monday it may have to apply for an international bailout before the end of this month, both for its banks and its general coffers. "The
Volkswagen plans to nearly double its production in China in the next few years, according to a management board member who was recently appointed to head the group's operations in the
**Casinos lose appeal for Greek Cypriots ** Plastic card spending by Turkish Cypriots south of the Green Line fell for the 11th straight month in May, according to data from the dominant
Consumer price inflation inched down to 2.95% in May, from 3.08% in April, largely owing to lower imported goods prices. The price of imported goods (excluding petroleum) was 0.2% lower in May
When fitness instructor Shirley Archer plays Annie Lennox's song "17 Again" for her indoor cycling class, she urges students to connect with the vitality of their inner 17-year-old legs. When she teaches
Traveling and looking for Internet access? A new smartphone app allows users to share mobile Web access for free with other people nearby who have the same app. Called Open Garden, the
European equities leapt on Monday morning, adding to last week's recovery rally after a bailout for Spain's ailing banks prompted investors to scoop up battered financial shares, with Banco Santander surging 5.7
French President Francois Hollande is on track to win a solid parliamentary majority after a first-round election, bolstering his position as he tries to persuade Germany to promote growth more in tackling
