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Financial services firm Goldman Sachs Group Inc. (GS) is trying to jump-start its stock-trading business, after top clients such as Fidelity Investments, BlackRock Inc (BLK), and investors voiced their concerns with the way Goldman and other firms trade stocks, the Wall Street Journal reported quoting...

Insurance company Lancashire Holdings Ltd. (LRE.L, LCSHF.PK) announced Wednesday that Richard Brindle, the Chief Executive Officer since he founded the business in 2005, has decided to retire from the Group and as a director, effective April 30. Alex Maloney will succeed Brindle as Group Chief Executive...

Metso Corporation (MXTOF.PK), a process performance provider for mining, construction, and oil & gas industries, said Wednesday that its board has rejected Weir's proposal and sees no reason to begin talks regarding a potential combination. Metso's board carefully evaluated Weir proposal and unanimously...

BayWa AG (BYWG) reported that its subsidiary based in New Zealand, Turners & Growers Ltd., an exporter and producer of fresh fruit, has agreed upon the acquisition of Apollo Apples Ltd., a producer and exporter of apples, based in New Zealand, with its shareholders. The purchase price is approximately...

Dr. Reddy's Laboratories (RDY) announced it has launched Eszopiclone Tablets (C-IV) 1 mg, 2 mg and 3 mg, a therapeutic equivalent generic version of LUNESTA (eszopiclone) tablets C-IV in the US market on April 15, following the approval by the FDA. Eszopiclone Tablets (C-IV) 1 mg is available in...

British supermarket chain Tesco Plc (TSCDY.PK, TSCO.L) posted annual Group statutory pre-tax profit from continuing operations of 2.26 billion pounds, after one-off charges totaling (801) million pounds, including (734) million pounds for the impairment of European assets. Despite these charges and a...

RSA Insurance Group plc (RSANY.PK, RSA.L, RSA) announced the agreed resignation of Adrian Brown, Executive Director and CEO of its UK & Western Europe business. Adrian has resigned from the Board but will continue his executive role until after a successor is appointed. Adrian will take up a new role...

Reckitt Benckiser Group plc (RBGPF.PK, RB.L) reported first-quarter total net revenue of 2.37 billion pounds; down 6% from last year. At constant exchange rate, revenue was up 3%. Like-for-like revenue increased 2%. At constant rates, total net revenue growth (ex RBP) was 5% and LFL net revenue growth...

German engineering company GEA Group AG (GEAGF.PK, GEAGY.PK) said Group revenues in the first quarter rose by about 6 percent organically, with all business segments contributing to the growth. The group's revenue increased to 951 million euros from 924 million euros last year, despite currency translation...

French diary giant Danone SA (DANOY.PK) posted 5.2% lower consolidated reported sales of 5.06 billion euros in the first quarter of 2014, versus 5.34 billion euros last year. Excluding the impact of changes in the basis for comparison, that include exchange rates and scope of consolidation, sales grew...

Technip (TNHPF.PK, TKPPY.PK) reported that the consortium, comprising company and Heerema Marine Contractors, was awarded a major lump-sum contract by Total E&P Angola for the engineering, procurement, construction, installation and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines)...

Syngenta (SYT) reported first-quarter sales of $4.7 billion, compared to $4.6 billion, previous year; an increase of 5 percent at constant exchange rates. The company said the increase in reported sales was 2 percent owing to the depreciation of a number of emerging market currencies against the dollar. Integrated...

Swiss lender Credit Suisse Group (CS) Wednesday said first-quarter net income attributable to shareholders decreased to 859 million Swiss francs from 1.303 billion francs in the previous year. Earnings per share fell to 0.48 franc from 0.75 franc. Net revenues declined to 6.829 billion francs from...

Google Inc. (GOOG, GOOGL) is planning to launch its Project Ara modular phone for January 2015, reports said Tuesday. It would be a boring gray phone by design, Ara leader Paul Eremenko said at the first Ara developer's conference. This phone is not a regular smartphone. It is meant to be highly customizable...

German engineering company GEA Group AG (GEAGF.PK, GEAGY.PK) Wednesday said it is selling its segment Heat Exchangers to funds advised by Triton. The sale and purchase agreement was signed today. The disinvestment is based on an enterprise value of around 1.3 billion euros.