Mr Uechtritz, who led a private equity consortium to seize control of the retailer in 2000 and then steered its successful public float in 2004, said he would step down in July or August, to be replaced by his close colleague, the present chief operating officer, Terry Smart. News of his exit

Biotechnology company Biota Holdings said this morning that it had received written notification from its international pharmaceutical partner GlaxoSmithKline that sales of its flu drug Relenza were $462 million in the December quarter, generating an indicative royalty of $32.6

Net income rose to 2.2 billion euros ($3.1 billion) from 1.94 billion euros a year earlier, the Santander-based lender said in a statement today. That beat the 2.12 billion-euro median estimate in a Bloomberg survey of 10 analysts. Santander, with a 1 trillion-euro asset base that’s as big as

Net income rose to 2.2 billion euros ($3.1 billion) from 1.94 billion euros a year earlier, the Santander-based lender said in a statement today. That beat the 2.12 billion-euro median estimate in a Bloomberg survey of 10 analysts . Santander, with a 1 trillion-euro asset base that