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Glaxo profits hit by litigation

GlaxoSmithKline has reported a 60% drop in profits for 2010 after it paid out £4 billion to resolve legal disputes following claims about the...

Shell profits fail to lift FTSE

Oil giant Royal Dutch Shell has led the FTSE 100 Index into the red as its fourth quarter figures left investors disappointed.A 3% decline...

Somali guilty of cartoonist attack

A Somali man who used an axe to break into the home of a Danish cartoonist who had caricatured the Prophet Muhammad has been...

Iran 'could have nukes within year'

Iran could develop a nuclear weapon within a year, a leading think-tank has warned.Under the most likely scenario it would take Tehran over two...

PM vows probe into violent scenes

Egypt's prime minister has apologised for the attack by supporters of his regime on anti-government protesters in central Cairo - and vowed to investigate...

Supreme Court to allow Tweeting

Tweeting is to be allowed from hearings at the highest court in the land.Supreme Court justices are "content" for journalists, members of the public...

New expenses regime 'impeding' MPs

The new parliamentary expenses regime is "impeding" MPs in doing their jobs and must be reformed within the next two months, the Leader of...

Unilever overcomes price pressures

Consumer goods giant Unilever has said strong sales in emerging markets such as China and India cushioned the blow of soaring commodity prices.The world's...

Services sector returns to growth

The powerhouse services sector returned to growth in January after December's snow, making it more likely that the UK will avoid a double-dip recession,...

Oil giant's profits soar to £11.5bn

Royal Dutch Shell has outshone its troubled rival BP as it revealed a near-doubling in annual profits to 18.6 billion US dollars (£11.5 billion).Higher...

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