Glaxo says China drugs sales slump on bribery probe

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Glaxo says China drugs sales slump on bribery probe (via AFP)

British pharmaceuticals giant GlaxoSmithKline announced on Wednesday a drop in quarterly net profits, while sales slumped in China where the group has been rocked by a state bribery probe. Profit after tax dropped 12 percent to £969 million in the…

Exclusive: Saba Capital Announces New SPAC Opportunities Fund

InvestingBoaz Weinstein's Saba Capital is launching its SPAC Opportunities fund, with its first close set for Feb. 28. In a presentation about the fund, which was reviewed by ValueWalk, the firm noted that the market for special purpose acquisition companies grew significantly last year. Q3 2020 hedge fund letters, conferences and more In 2020, companies Read More


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