"There's a clear bit of protection in here for Lloyds," Lothar Mentel from Octopus Investments told CNBC after the UK Chancellor Alistair Darling confirmed Tuesday the UK bank, along with rival RBS, would have to sell assets.
Novartis is opening on Tuesday the country's first plant to produce flu vaccines using cell cultures. These vaccines are faster, better and cheaper to make than egg-based methods, reports CNBC's Mike Huckman.
Heinz profit fell 16 percent, but the company beat analyst estimates on emerging-market growth. William Johnson, chairman and CEO of Heinz, talks to CNBC.