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An anonymous whistleblower, identified only through a false name "Pei Gen", told the 21st Century Business Herald newspaper that Sanofi staff paid bribes totalling around 1.7 million yuan to 503 doctors at 79 hospitals in Shanghai, Beijing, Hangzhou and Guangzhou in late 2007..
*AstraZeneca sales rep still detained in Shanghai. LONDON/ PARIS, Aug 1- Chinese authorities visited a regional office of French drugmaker Sanofi this week in the latest sign of a widening investigation into Western drugmakers.
*Says one office visited by authorities in China. The French company also said one of its 11 regional offices in China had been visited by the State Administration for Industry and Commerce in Shenyang, but added it was not aware of the purpose of the visit from the agency.
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LONDON/ SHANGHAI, July 22- Chinese police have visited the Shanghai office of British drugmaker AstraZeneca, the latest foreign firm to be investigated following allegations against GlaxoSmithKline.
Earlier this week Chinese police accused GlaxoSmithKline of bribing officials and doctors to boost sales and raise the price of its medicines in China. "We are aware of the arrest of the British national in Shanghai in China on July 10," a British Foreign Office spokesman said. "
LONDON, July 19- GlaxoSmithKline has sent its head of emerging markets and two other top executives to China to lead the drugmaker's response to an unfolding crisis over alleged bribery and corruption.
BRUSSELS/ LONDON, July 18- Belgian drugmaker UCB has been visited by Chinese authorities as the country widens investigations into bribery by drugmakers, following allegations against Britain's GlaxoSmithKline. The State Administration for Industry and Commerce is one of China's main three anti-trust regulators in charge of market supervision.
LONDON, July 11- Britain will kick off controversial talks to put its 159 billion pound military equipment buying programme in the hands of a private company as soon as Friday, as it battles to clamp down on cost overruns and delays, industry sources said.
SAN FRANCISCO, July 3- Silicon Valley has tried to distance itself from the controversial U.S. surveillance programs exposed by Edward Snowden, but there is a long history of close cooperation between technology companies and the intelligence community.
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NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.
NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from several rival auto parts suppliers faltered, according to several people familiar with the matter.
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General Motor's new China chief insists that their partnership with SAIC Motor is fine and are growing closer as they look to use their business model in Southeast Asia to tap demand for no-frills cars.
BEIJING, Oct 12- Vehicle sales in China fell 1.8 percent in September from a year earlier as Japanese automakers' sales collapsed. Industry-wide sales in China, including passenger cars and commercial vehicles, totalled 1.62 million vehicles in September, compared with 1.65 million a year ago, according to the China Association of Automobile Manufacturers.---------------------------------------------------------------.
*Lazard cuts SAIC to neutral from buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
BEIJING/ SHANGHAI, Oct 10- Vehicle sales in China fell 1.8 percent in September from a year earlier, as Japanese automakers' sales collapsed, adding to downward pressures from a slowing economy and rising fuel costs that have weighed on the world's biggest auto market.