Advertisement
UK markets close in 5 hours 52 minutes
  • FTSE 100

    7,822.42
    -54.63 (-0.69%)
     
  • FTSE 250

    19,268.65
    -182.02 (-0.94%)
     
  • AIM

    741.07
    -4.22 (-0.57%)
     
  • GBP/EUR

    1.1682
    -0.0001 (-0.01%)
     
  • GBP/USD

    1.2453
    +0.0015 (+0.12%)
     
  • Bitcoin GBP

    52,026.31
    +2,595.57 (+5.25%)
     
  • CMC Crypto 200

    1,333.53
    +20.91 (+1.62%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • DOW

    37,775.38
    +22.07 (+0.06%)
     
  • CRUDE OIL

    83.33
    +0.60 (+0.73%)
     
  • GOLD FUTURES

    2,397.80
    -0.20 (-0.01%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     
  • DAX

    17,675.84
    -161.56 (-0.91%)
     
  • CAC 40

    7,966.28
    -56.98 (-0.71%)
     

GSK ex-China head Mark Reilly to be deported from China, won't face jail time - source

SHANGHAI, Sept 19 (Reuters) - Mark Reilly, the former China head of British drugmaker GlaxoSmithKline PLC (Other OTC: GLAXF - news) , will be deported from China and will not face jail time in the country, according to a source with direct knowledge of the matter.

China on Friday fined the British pharmaceuticals giant 3 billion yuan ($488.8 million) for paying out bribes in what is a record penalty for China, the official Xinhua news agency said.

"Reilly will be deported so he won't be in detention in China," said the source with knowledge of the matter who declined to be named because of the sensitivity of the case. (Writing by Adam Jourdan; Editing by Kazunori Takada)