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GSK raises $853 million by halving stake in South African drugmaker

2015-03-13 12:04:30| Biotech - Topix.net

GlaxoSmithKline has taken profits in Aspen Pharmacare by selling half its stake in the South African drugmaker for $853 million , following a long investment in the firm. The sale, which was conducted through a share placing at a discount to the market price, is the latest example of GSK pruning non-core investments as it refocuses its business and works to protect its sizeable dividend payments to shareholders.

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South Africa power chiefs suspended

2015-03-12 12:28:45| BBC News | Business | UK Edition

South Africa's power utility Eskom tells four top officials to step aside while it investigates the problems at the firm, including recent power cuts.

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South Korea's LG Group says plans record 6.3 trillion R&D investment in 2015

2015-03-12 03:52:30| Energy - Topix.net

South Korean conglomerate LG Group on Thursday said its companies plan to invest a record 6.3 trillion won in research and development in 2015 to secure future growth. LG Group, which has arms including appliances maker LG Electronics Inc and LG Display Co Ltd , said in a statement that technologies like electric car batteries, next-generation displays and the so-called Internet of things were key areas for investment.

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South Korea's LG Group says plans record 6.3 trillion R&D investment in 2015

2015-03-12 03:40:12| Oil & Gas - Topix.net

South Korean conglomerate LG Group on Thursday said its companies plan to invest a record 6.3 trillion won in research and development in 2015 to secure future growth. An employee of LG Electronics walks behind company logos at a branch in Seoul February 21, 2005.

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Officials: South Carolina Landfill Being Considered for Out-of-State Dumping

2015-03-12 00:38:00| Waste Age

<a href="http://www.wyff4.com/">WYFF4.com</a> Henderson County is looking at five possible sides to dump its solid waste, and the Twin Chimney's landfill in Honea Path is one of them, according to Public Works Assistant Co. Administrator Paula Gucker. read more

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