London, July 28, 2026 (AFP) - British drugs group GSK targets savings after profits slide

NAMPA / AFP

2026-07-28

British pharmaceutical giant GSK on Tuesday said it was targeting future annual savings of £1.9 billion ($2.5 billion) after bottom-line profits tumbled in the second quarter. Net profit in the April-June period slumped 70 percent to £435 million compared with the 2025 second quarter after the company abandoned a chronic cough treatment, GSK said in an earnings statement. GSK said it had taken a hit totalling £1.3 billion after not proceeding fur......

Restricted content

Business & Finance News

London, July 28, 2026 (AFP) - Tech stocks tank on AI jitters, oil falls further

2026-07-28 18:00:57

Moscow, July 28, 2026 (AFP) - Several Russian regions ease fuel restrictions

2026-07-28 17:30:29

Tripoli, July 28, 2026 (AFP) - Production resumes at Libya gas plant overrun by protesters

2026-07-28 17:30:28

Washington, United States, July 28, 2026 (AFP) - US Fed begins meeting with markets expecting steady interest rates

2026-07-28 17:00:46

Madrid, July 28, 2026 (AFP) - Real Madrid generate record 1.2bn euro revenue despite struggles

2026-07-28 17:00:46

Dublin, July 28, 2026 (AFP) - Merz demands EU spend less and boost competitiveness

2026-07-28 16:31:27

Lagos, July 28, 2026 (AFP) - S&P Global acquires majority stake in Nigerian ratings firm

2026-07-28 16:03:16

London, July 28, 2026 (AFP) - Tech stocks tank on AI jitters, oil falls further

2026-07-28 16:03:16

New York, July 28, 2026 (AFP) - Weakness in semiconductor shares weighs on Nasdaq

2026-07-28 16:03:16

GREENWICH, July 28, 2026 (BSW) - Press Release from Business Wire: Interactive Brokers Group, Inc.

2026-07-28 16:03:16

NEW YORK, July 28, 2026 (BSW) - Press Release from Business Wire: Estée Lauder

2026-07-28 16:03:16

Latest NAMPA photos

WINDHOEK, 28 July 2026 - Newly appointed Bank Windhoek Executive Officer for Retail Banking Services, Leon Koch. (Photo: Contributed)

NAMPA

WINDHOEK, 28 July 2026 - Chinese Ambassador Zao Weiping called President Nandi-Ndaitwah’s recent visit to China a success that will enhance bilateral cooperation. (Photo by: Uakutura Kambaekua) NAMPA.

NAMPA

GOBABIS, 27 July 2026 - Stakeholders from the Bank of Namibia (BoN) and the Namibia Statistics Agency (NSA) at the inaugural Statistics Awareness Day. (Photo: Contributed)

NAMPA

WINDHOEK, 28 July 2026 - Osino Resources Country Director Werner Schuckmann. (Photo: Contributed)

NAMPA

MPUNGU, 27 July 2026 - Joseph Abaseb, 41, of Farm Huigub, who fixes fences to survive and never went to school because of his disability, receives a wheelchair from the Office of the Vice President. (Photo by: Lylie Joel) NAMPA

NAMPA

MPUNGU, 27 July 2026 - Deputy Minister in the Office of the Vice President, Moses //Khumub, visited Bravo Settlement on Monday, urging grassroots‑driven development, clarifying land procedures for a clinic, and calling for youth jobs on local projects. (Photo by: Lylie Joel) NAMPA

NAMPA

GLASGOW, 27 July 2026 – Namibia's Chenoult Lionel Coetzee in action during the men's long jump qualification at Scotstoun Stadium during the Glasgow 2026 Commonwealth Games in Scotland. (Photos: Hesron Kapanga) NAMPA

NAMPA