US aerospace giant Boeing has unveiled a record $10 billion (£6.1 billion) share buyback and 50 per cent hike in the dividend.

IN BRIEF : Zantac wins over-the-counter clearance

Glaxo Wellcome, the pharmaceuticals group, has won regulatory approval for its non-prescription version of Zantac, its anti-heartburn treatment. The clearance opens up a new market for Zantac, competing with rival treatments such as Pepcid, produced by Merck, and Tagamet, from SmithKline Beecham.

pounds 682m Glaxo disposal chips at debt mountain


Impotence: it's the worst a man can get

Millions of men in Britain cannot get erections. Far from being funny, the result for many is deep unhappiness. But, reports David Cohen, there is at least one cure for the majority of cases

Glaxo delay gives Wellcome chance

Analysts believe Wellcome's chances of fighting off the hostile £9bn-plus takeover bid from Glaxo by finding an alternative white knight bidder have received a boost from the predator's delay in posting its official offer document.

Wellcome puts aside pounds 52m for set-up

WELLCOME has put aside pounds 52m to cover the set-up costs of its joint venture with Warner Lambert to sell its medicines over the counter, writes Gail Counsell.

Glaxo pipped at post by Lilly's dollars 4bn bid for PCS: Failure to acquire McKesson casts shadow over US healthcare market strategy and sends shares lower

GLAXO has been outmanoeuvred by Eli Lilly, the drug company whose products include Prozac, the anti-depressant, in the race to buy PCS Health Systems, one of the largest pharmaceuticals benefit managers in the US.

Decision time for UK drug companies: Gail Counsell says the big three must act soon to counter the threat from US healthcare changes

'CONSIDERING a range of options' is the stock response of the likes of Glaxo, Wellcome and Zeneca when the subject of US healthcare reform is raised.

Gum wars: dentists lead the way

IN MEASURING the intensity of Britain's chewing-gum 'war', a stroll along any British street would be in order. Almost every paving slab bears multiple traces of chewed and discarded gum: ubiquitous encrustations removable neither by nature nor municipal brush. On London's City Road last week, I counted 326 of them on 50 yards of pavement.

Wrigley pledge on gum display

WRIGLEY, Britain's leading supplier of chewing gum, has given assurances to the Office of Fair Trading that it will not remove competitors' chewing gum or their display stands from retail outlets without written authorisation from those controlling the premises, writes Mary Fagan.

Glaxo plans links in US

GLAXO is understood to be considering links with a number of American groups to tackle the increasingly competitive US market, writes Gail Counsell.

Glaxo drug wins wider US approval: Warner-Lambert sales threat - Clinton eases healthcare stance

US REGULATORS yesterday gave Glaxo approval for wider use of Zofran, its anti-nausea drug.

View from City Road: Blighted by uncertainty

Poor Zeneca. To have one key aspect of your business dogged by uncertainty thanks to the meddling of politicians may be regarded as a misfortune; to have two so blighted looks like downright carelessness.

Glaxo and Wellcome form drug giant: Warner-Lambert link creates world's biggest non-prescription firm - US deal combines producer and bulk-buyer

GLAXO and Wellcome, two of Britain's biggest drug companies, have teamed up with Warner-Lambert of the US to form the largest over-the-counter - non-prescription - pharmaceutical company in the world.

Ministers 'tearing guts out of drugs Bill'

The Government was yesterday accused of attempting to 'tear the guts' out of a private member's Bill that would provide more information about drug safety - just a month after allowing it a Second Reading, writes Nicholas Timmins.

Glaxo and ICI rapped over prices

GLAXO and ICI's American subsidiaries have been criticised in a US Senate report for increasing drug prices faster than inflation despite promises to the contrary.
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Prices correct as of 17 October 2014
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?
Ed Sheeran hits back after being labelled too boring to headline festivals

'You need me, I don’t need you'

Ed Sheeran hits back after being labelled too boring to headline festivals
How to Get Away with Murder: Shonda Rhimes reinvents the legal drama

How to Get Away with Murder

Shonda Rhimes reinvents the legal drama
A cup of tea is every worker's right

Hard to swallow

Three hospitals in Leicester have banned their staff from drinking tea and coffee in public areas. Christopher Hirst explains why he thinks that a cuppa is every worker's right
Which animals are nearly extinct?

Which animals are nearly extinct?

Conservationists in Kenya are in mourning after the death of a white northern rhino, which has left the species with a single male. These are the other species on the brink
12 best children's shoes

Perfect for leaf-kicking: 12 best children's shoes

Find footwear perfect to keep kids' feet protected this autumn
Anderlecht vs Arsenal: Gunners' ray of light Aaron Ramsey shines again

Arsenal’s ray of light ready to shine again

Aaron Ramsey’s injury record has prompted a club investigation. For now, the midfielder is just happy to be fit to face Anderlecht in the Champions League
Comment: David Moyes' show of sensitivity thrown back in his face by former Manchester United manager Sir Alex Ferguson

Moyes’ show of sensitivity thrown back in his face... by Ferguson

Manchester United legend tramples on successor who resisted criticising his inheritance
Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Let's talk about loss

We need to talk about loss

Secrecy and silence surround stillbirth