And in the real world... Glaxo, Lloyds, PepsiCo, BMW and more

LONDON - Today's round-up of the biggest business stories.

And in the real world... Lloyds, PepsiCo, Glaxo, BMW and more
And in the real world... Lloyds, PepsiCo, Glaxo, BMW and more

GlaxoSmithKline is set to receive a windfall of $3 billion after receiving nine more orders for its swine flu vaccine from global governments.

Source: The Daily Telegraph

Lloyds Banking Group is expected to reveal a pre-tax loss of up to £5 billion today, following the bank's acquisition of the ailing HBOS last year.

Source: The Times

PepsiCo is close to securing control of the two largest American bottlers Pepsi Bottling Group and PepsiAmericas in a deal that will give it an 80 per cent control over the distribution of its soft drinks.

Source: Financial Times

BMW’s chief executive, Norbert Reithofer, is in talks with PSA Peugeot Citroën over sharing platforms with its French rival for its Mini small car.

Source: Financial Times

Tesco, Asda, Sainsbury’s and Morrisons have rejected proposals by the Competition Commission to create an ombudsman to police relationships between the supermarkets and suppliers.

Source: The Guardian