Drug giant plans court challenge against tax authorities in long-running dispute over profit allocation, writes Rosie Murray-West
Glaxo Smithkline, the drug giant, yesterday revealed that it had received a £1.5billion bill from the US tax authorities and estimated it could also owe £1.4 billion in interest unless it wins a case against them
LONDON, Jan 7 (Reuters) – Britons suffering from Alzheimer’s disease are being denied drugs that can delay disease progression, according to a study by drugmaker Pfizer Inc (nyse: PFE – news – people) showing significant regional variations in spending.
The company, which co-markets Alzheimer’s treatment Aricept with Japan’s Eisai Co Ltd <4523.T>, said that although overall spending on anti-dementia drugs had increased significantly in the UK, some health authority areas spent four times as much as others
NEW YORK, Jan. 8 /PRNewswire-FirstCall/ — DoubleClick Inc. (Nasdaq: DCLK),
the leading provider of tools for advertisers, web publishers and direct
marketers today announced that Carat Interactive, a leading global media
agency, has agreed to exclusively use DoubleClick’s ad management system,
DART(R) for Advertisers, on behalf of Pfizer Inc in order to deliver, report
on and measure its online marketing and advertising campaigns
US oil and construction company Halliburton has put two of its businesses into voluntary bankruptcy as it prepares to settle asbestos claims.
The company, once headed by US Vice President Dick Cheney, has agreed to pay about $4bn (£2.3bn) to workers exposed to the killer mineral
British Airways Plc, Britain’s biggest airline, is set to eliminate additional 5,000 office jobs to cut costs, Reuters reported.
The job cuts are in addition to the number already announced as part of BA’s Future Size and Shape restructuring program.
In November, the UK flag carrier said that it was on track to deliver 13,000 job cuts to cope with the industry downturn
LONDON, Dec 14 (Reuters) – Jean-Pierre Garnier, chief executive of GlaxoSmithKline Plc
MANCHESTER, N.H. (AP) — The union representing assembly line workers at Tyson Foods in Manchester says the company is not offering severence pay to most of the workers who will lose their jobs when plant closes in February
Thousands of companies and individuals could face security headaches and inconvenience as Microsoft stops selling some of its older products.
It has announced it is withdrawing products such as Windows 98, Windows NT 4 and Outlook 2000.
The decision was made because the programs contain code outlawed under a legal deal with rival Sun Microsystems
New York official wants information
By DAVID IVANOVICH
Copyright 2003 Houston Chronicle Washington Bureau
WASHINGTON — New York City’s comptroller is prodding Houston-based Halliburton Co. to release more details about its business dealings in Iran.
William Thompson Jr
In a decision that reinforces the states right to tax companies on all transactions, Chancellor Carol McCoy ruled against Pfizer, Inc., in its lawsuit against Tennessee Commissioner of Revenue Loren Chumley.
Pfizer has misconstrued the statutory classifications, McCoy said in her judgment