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Today's Business Headlines
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LONDON (Reuters) - Drugmaker GlaxoSmithKline - hit by bribery claims in five countries - is to employ hundreds more doctors as members of staff as it seeks to build a new sales model designed to eliminate sharp ...

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BEIJING/SHANGHAI (Reuters) - China has backtracked on its policy of capping retail prices on medicines and will allow pharmaceutical companies to set prices for some drugs, after criticism that controls had caused a ...

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The news comes more than a month after a U.S. court invalidated a patent covering the drug, giving Pfizer's rivals, including Teva, a chance to sell cheaper versions of Celebrex. Celebrex's basic chemical patent ...

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Nokia said there was a risk that the plastic cover of certain AC-300 charger units manufactured by a third party could come loose and separate, exposing certain internal components that could cause an electric shock if ...

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(Reuters) - Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with a shift to the fast-growing mobile advertising market. Google shares were ...

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(Reuters) - Goldman Sachs Group Inc reported an 11 percent drop in quarterly profit as client activity remained constrained and fixed-income revenue shrank, but both earnings and revenue beat market estimates and the ...

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Maldonado clears the air with Gutierrez
April 17th, 2014, 11:20 am
SHANGHAI (Reuters) - Lotus Formula One driver Pastor Maldonado has cleared the air with Sauber's Esteban Gutierrez after picking up a grid penalty for sending the Mexican flying at the Bahrain Grand Prix. The ...

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FRANKFURT (Reuters) - As recently as last November, Jens Weidmann steadfastly opposed any move by the European Central Bank to print money to buy assets and buoy the euro zone economy. No longer. The Bundesbank chief, ...

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(Reuters) - Morgan Stanley reported a 55 percent jump in first-quarter earnings as higher revenue from its institutional securities business augmented another strong quarter from wealth management, sending shares in ...

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GE industrial profits rise 12 percent, shares up
REVISED: April 17th, 2014, 12:12 pm
(Reuters) - General Electric Co posted a 12 percent rise in overall industrial profits on Thursday, as strength in its businesses selling gas turbines, jet engines and oil industry equipment offset weakness in ...

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