Business Latest News: GSK Sends Three Executives to China to Handle Crisis

Wochit 0:54 mins

GlaxoSmithKline has sent its head of emerging markets and two other top executives to China to lead the drugmaker's response to an unfolding crisis over alleged bribery and corruption. Citing sales gains in all of its markets, including Europe and North America, Whirlpool posted a stronger-than-expected jump in quarterly profit and raised its full-year outlook Two former brokers, who appeared in court on fraud charges, conspired with employees at UBS, HSBC , Rabobank, Citi and Tullett Prebon to manipulate Libor rates, UK prosecutors alleged in court documents.

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