Iraqi Prime Minister Nouri al- Maliki is banking on sales from the highest crude oil output in 35 years to earn him a third term even as he struggles against an emboldened al-Qaeda and a surge in political violence.
The war in Syria is an “unmitigated disaster” and the best way forward may be an interim peace deal that allows Bashar al-Assad to stay in power for a short period, former U.K. Prime Minister Tony Blair said.
With a trio of transactions, GlaxoSmithKline Plc Chief Executive Officer Andrew Witty is expanding the U.K. pharmaceutical company’s positions in consumer products and vaccines, providing “durability” as the industry faces increased pricing pressure for medicines.
Saudi Arabia boosted crude exports by 3.5 percent in February to the highest in five months, while Iran’s shipments gained and Iraq sold the most oil for at least 12 years, the Joint Organisations Data Initiative said.
GlaxoSmithKline Plc, the U.K. drugmaker under investigation for corruption in China, said it disciplined an employee in Poland in connection with a bribery probe that is the subject of a BBC report today.