UK/EU Business
GSK chief confident of her leadership amid spin-off
Emma Walmsley, GlaxoSmithKline (GSK) chief, says concerns over her leadership are unfounded and has labelled herself as a “change agent” seeking to reform the UK-based pharmaceutical giant following the spin-off of its consumer health division reports Financial Times. Walmsley unveiled her plans for the fund this week following pressure from US-based hedge fund Elliott Management. …
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European shares hover near record highs as energy, consumer stocks bounce
(Reuters) – European stocks inched toward record levels on Wednesday, helped by energy and consumer stocks, while strong economic data from U.S. and Europe buoyed investor sentiment. The pan-European STOXX 600 index rose 0.1%, holding just below its all-time high hit in the previous session. Data showing a strong expansion in U.S. and European factory …
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