London, Oct 28, 2026 (AFP) - UK drugs group GSK profit drops amid cost-saving overhaul

NAMPA / AFP

2026-10-28

British pharmaceutical giant GSK reported Wednesday a drop in third-quarter profit as the group was hit by restructuring costs as it tries to reduce its spending. Net profit in the July-September period fell 23 percent to £1.5 billion ($2.1 billion) from the period last year, the company said in a statement. But the group reaffirmed its revenue and profit guidance for the full year. GSK announced in July a three-year cost savings programme to si......

Restricted content

Business & Finance News

Frankfurt, Germany, Oct 28, 2026 (AFP) - Deutsche Bank reports record profit as it sees German recovery

2026-10-28 12:00:31

London, Oct 28, 2026 (AFP) - Higher prices help lift Unilever revenue

2026-10-28 11:00:33

Frankfurt, Germany, Oct 28, 2026 (AFP) - Deutsche Bank reports record profit as it sees German recovery

2026-10-28 10:32:39

Seoul, Oct 28, 2026 (AFP) - AI chip giant SK hynix posts seven-fold surge in quarterly operating profit

2026-10-28 10:32:39

Lagos, Oct 28, 2026 (AFP) - Nigeria's Dangote oil refinery closes 'historic' IPO

2026-10-28 10:32:39

Frankfurt, Germany, Oct 28, 2026 (AFP) - Chemicals giant BASF raises profit guidance after Iran war price hikes

2026-10-28 10:00:32

Seoul, Oct 28, 2026 (AFP) - AI chip giant SK hynix posts seven-fold surge in quarterly operating profit

2026-10-28 10:00:32

Beijing, Oct 28, 2026 (AFP) - Tech, AI leaders expand China's 2026 rich list

2026-10-28 08:02:27

2026-10-28 07:30:09

Mumbai, India, Oct 28, 2026 (AFP) - Jio Platforms jumps 21% on market debut after record India IPO

2026-10-28 07:30:09

Mumbai, India, Oct 28, 2026 (AFP) - Billionaire Ambani's Jio jumps 21% in market debut after record India IPO

2026-10-28 07:30:09

Latest NAMPA photos

WINDHOEK, 27 October 2026 - China's Ambassador to Namibia Zhao Weiping speaking at the China-Africa Cooperation Symposium in Windhoek on Tuesday. (Photo: Contributed)

NAMPA

WINDHOEK, 27 October 2026 - Economic Association of Namibia chairperson Jason Kasuto speaking at the China-Africa Cooperation Symposium in Windhoek on Tuesday. (Photo: Contributed)

NAMPA

WINDHOEK, 07 October 2026 - Acting Secretary General of the Namibia Football Association Mabos Vries pictured at the Sam Nujoma Stadium in Katutura during the prime minister's surprise visit to assess renovations that are being carried out in preparation of Confederation of African Football accredited matches. (Photo: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK , 07 October 2026 - Acting Secretary General of the Namibia Football Association, Mabos Vries, pictured at the Sam Nujoma Stadium in Windhoek. (Photo: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK , 07 October 2026 - Acting Secretary General of the Namibia Football Association, Mabos Vries, pictured at the Sam Nujoma Stadium in Windhoek. (Photo: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 07 October 2026 - The Sam Nujoma Stadium in Katutura is undergoing structural renovations in preparation of the Confederation of African Football accredited matches. (Photo: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 27 November - Journalists’ working conditions, including low pay, lack of employment contracts and safety concerns, were highlighted in a 2026 Federation of African Journalists report. (Photo: Contributed) NAMPA.

NAMPA

WINDHOEK, 27 October 2026 - (From left) Senior coach at Mindsinaction STEAM Centre, Hirukevi Mbinga; Nedbank Namibia marketing and communications intern, Stephen Eiseb; manager at Mindsinaction STEAM Centre, Petrus Amutenya; and Nedbank Namibia communications and corporate social investment specialist, Ndatala Angula pictured at the Mindsinaction STEAM Centre. (Photo: Contributed)

NAMPA