Business

Drugmaker Abbott Healthcare is challenging West Bengal's accusation that a sample of the company's cough syrup contained excessive levels of codeine, the second multinational to question India's regulatory testing regime in recent months.

For nearly two years, Parkway Pantai has delayed the opening of its 450-bed India hospital, the Singapore-based medical firm's bid to cash in on one of Asia's fastest growing private healthcare markets, as it waited for the necessary permits.

United Continental Holdings Inc (UAL.N) said on Tuesday Chief Executive Jeff Smisek had stepped down in connection with a federal probe of the airline, and that two other senior executives tied to the investigation would also be leaving.