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Alaska well explosion may cost BP $2.5 mln fine

ANCHORAGE, Alaska, Dec 15 (Reuters) – An Alaska agency has notified BP Exploration (Alaska) Inc., a unit of BP Plc , that it intends to fine the company $2

Questionable Advertising

Eurostar, the cross-Channel train operator, has called on regulators to scrutinise adverts by British Airways that it says are misleading.

Guillame Pepy, Eurostar’s boss, has asked France’s competition and anti-fraud body, the DGCCRF, to investigate ads offering cheap flights between Paris and London.

The complaint is about French ads that offer customers “London at 29

Woman, 102, dies after ‘eviction’

A 102-year-old woman who was forced to leave the care home where she had lived for nine years has died.

Winifred Humphrey had been told she must leave Bradley House in Whitstable, Kent, because the owners no longer wanted council-funded residents.

She was transferred, with 11 other residents, to another care home less than a mile away on 20 June

BP closes deal with Russia

LONDON, England — British oil group BP and Russia’s TNK have signed a multibillion-dollar contract to create a joint energy venture, the biggest single foreign investment deal in post-Soviet Russian history.

The agreement, signed Thursday in a joint statement by the companies, will see BP invest a total of $6.15 billion (5

Ordered to pull misleading adverts

The US government has ordered a drug giant to quit running a series of radio and newspaper ads that call the allergy spray Flonase a cost-effective alternative to pricey allergy pills.

The ad campaign urged allergy sufferers to ask their doctor about Flonase, a nasal spray, instead of antihistamine pills like Allegra and Zyrtec. Flonase maker GlaxoSmithKline began the ads shortly after insurance companies raised prices for the pills this spring

FDA tells Glaxo to pull misleading Flonase ads

U.S. regulators ordered GlaxoSmithKline Plc to pull radio and print advertisements for its Flonase prescription nasal allergy spray that the Food and Drug Administration deemed misleading

$355m fraud fine

Anglo-Swedish drug giant AstraZeneca has agreed to pay $354.9m to settle charges it defrauded the US healthcare system.

The company admitted giving free samples of cancer drugs to doctors, who then billed Medicare for the full price

Employee Assets Frozen

The bank accounts of a Norwich Union employee at the centre of a £1.5m fraud have been frozen.

Carol Birrell, originally from Liverpool, is one of 30 people from Merseyside named in a writ lodged at London’s High Court by Norwich Union Insurance of Surrey Street