GSK, Rolls-Royce may be on British Serious Fraud Office's hit list

GlaxoSmithKline may be one of the likely targets in the bribery probes launched by Britain's Serious Fraud Office. Photo: AP

Britain's Serious Fraud Office plans to prosecute or fine some companies for engaging in bribery overseas, and analysts said some cases might involve mainland China, with GlaxoSmithKline and Rolls-Royce as likely targets.

Saturday, 22 February, 2014, 12:05am

Graft fight In new phase with UK Rolls Royce probe

A technician inspects a Rolls-Royce Trent 900 engine on a Singapore Airlines Airbus A380 superjumbo just after landing at Zurich Airport in Kloten, November 5, 2010. Photo: Reuters

The accelerating anti-graft campaign in China could be entering a new phase, with word that Britain's anti-corruption watchdog has formally launched an investigation into jet engine maker Rolls-Royce.

26 Dec 2013 - 4:34pm

Rolls-Royce's new ultra-luxury car wraithed in hyperbole

Margaret Thatcher

It cannot be denied that Rolls-Royce produces remarkable cars. It has recently produced another one - the Wraith - which was unveiled in Hong Kong yesterday in some style.

10 Apr 2013 - 3:57am

Rolls-Royce looks beyond China for growth engine

Rolls-Royce's Paul Harris says the firm has no plans for an SUV.

Rolls-Royce's plans to explore new markets this year come amid dwindling sales in China's super premium car segment, in which key players such as Bentley, Aston Martin, Maserati and Lamborghini all saw growth slow last year.

10 Apr 2013 - 5:34am

Briefs, December 7, 2012

Prince William fetches his wife from hospital. Photo: Reuters

Murder charge for death on train tracks

7 Dec 2012 - 6:13am

Rolls-Royce provides graft file to fraud team

Rolls-Royce has passed a file about malpractice allegations in China and Indonesia to Britain's Serious Fraud Office, the firm confirmed yesterday.

This followed an internal probe by lawyers acting on behalf of the aircraft engine and marine equipment maker. The investigation was made at the request of the SFO into alleged irregularities in China and Indonesia.

7 Dec 2012 - 3:23am

Mainlanders cautious about buying Rolls-Royces

The Rolls-Royce Phantom Series II is given its first viewing at the Hong Kong Convention and Exhibition Centre in Wan Chai. Photo: K.Y. Cheng

The slowdown in economic growth has made mainland consumers more cautious when buying luxury cars, Rolls-Royce says.

That is despite the fact that up to 40 per cent of the pre-orders for its latest model in Hong Kong and Macau came from mainlanders.

"It's tougher, no doubt," Paul Harris, the regional director of Rolls-Royce Motor Cars Asia Pacific, said in Hong Kong yesterday.

30 Sep 2012 - 10:53am

Dong Tao says Hong Kong's property market has gone crazy

The new one on a roll.

Hong Kong's property market has reached the tipping point, according to Credit Suisse's Tao Dong.

29 Sep 2012 - 2:31am 8 comments

Bentleys top classic lots

Classic car buyers continue to shell out for the best collectibles, and summer auctions highlight buoyant prices for Bentleys.

At the Goodwood Festival of Speed on June 29, Bonhams auctioned Sir Henry 'Tim' Birkin's 41/2 Litre Supercharged 'Blower' single-seat racing Bentley for GBP4.5 million (HK$54.58 million).

13 Jul 2012 - 12:00am

Lai See

Five illegal parkers equal one litterer

David Webb, editor of, was present at the scene, as the police like to say, and was able to snap this swoop on cars illegally parked on Ice House Street, next to the Landmark in Central. Webb reports that the officer in charge of the ticketing team admitted that the road would fill up as soon as the police left.

12 Jan 2012 - 12:00am

Rolls-Royce is riding high in China

Red-hot mainland sales of ultra-luxury limousines is set to cool this year, but the head of Rolls-Royce Motor Cars still sees another record-setting year globally for the British carmaker.

Sales of 'Rollers' on the mainland rose 60 per cent last year, helping China overtake the US as the company's single biggest market.

12 Jan 2012 - 12:00am

Ghost rolls into Luxury Car Street

Hong Kong is known for its clusters of like-minded vendors along 'Wedding Card Street', 'Bird Street' and Lockhart Road's promenade of porcelain, to name just a few.

11 Nov 2011 - 12:00am

Lai See

All not quite as Seamless as it would seem ...

There is disarray among the board at Seamless Green China (Holdings), a GEM board stock with a market capitalisation of HK$222.34 million.

24 Aug 2011 - 12:00am

Make it better with an electric Rolls

Whether Rolls-Royce owners find the whirring of an electric motor more or less pleasing to the senses than the purring of a V12 Phantom engine is academic to most of us. There is more at stake, though, because the people at BMW-owned Rolls-Royce have built an electric version - just one - to test the reactions of Rolls owners, industry specialists and the media.

21 Aug 2011 - 12:00am

Emission impossible

Rolls-Royce is at a crossroads, trying to figure out which way to turn its majestic cars. The producer of ultra-luxury motors, patronised by successful entrepreneurs, entertainers and royalty, is looking to the future and sees a world in which its gas-guzzling V-12 engines stall under pressure from harsh government regulations to curb carbon emissions.

12 Aug 2011 - 12:00am