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Unibail-Rodamco SE (UNBLF.PK) Thursday said that following the announcement made on April 24, the company and its partners, BESIX and CFE, signed today an agreement with the City of Brussels as co-developers of the NEO 1 project. This mixed-use project will dedicate 112,000 square meters to leisure,...

Toshiba Corp. (TOSYY.PK, TOSBF.PK) Thursday announced that it has supplied a traction energy storage system or TESS to Tobu Railway Co., Ltd. The system is planned to operate from December 22. TESS stores traction energy generated by decelerating trains as they enter a station and releases it as...

TomTom NV (TMOAF.PK), a maker of automotive navigation systems, Thursday announced the availability of TomTom Traffic in Malaysia, Saudi Arabia, Thailand, and United Arab Emirates. The firm provides the latest accurate traffic information for highways, major roads and secondary roads in 41 countries....

Global Sources Ltd.(GSOL) Thursday said has signed $23.1 million worth contract to continue hosting its trade shows at Hong Kong's AsiaWorld-Expo or AWE through 2018. The company has renewed its contract to host its highly successful trade shows at AWE in Hong Kong in 2017 and 2018. The company will...

Wal-Mart Stores Inc. (WMT) Thursday said its stores would continue to receive many of the season's hottest toys, electronics and home goods until December 24, in order to ensure that last-minute shoppers get the gifts they want at a great price. The firm said its in-person interviews with over 2,200...

Japanese air bag maker Takata Corp. (TKTDF.PK) said it has sufficient funds to handle a global recall, Nikkei reported citing an interview with the company's chief executive Shigehisa Takada, the grandson of Takata's founder. Carmakers, including Honda Motor Co. and Toyota Motor Corp., have recalled...

Toshiba Corp.'s (TOSYY.PK, TOSBF.PK) Semiconductor & Storage Products Company late Wednesday announced the addition of 6TB SATA and SAS models to its MG04 series of 3.5-inch form factor enterprise capacity class of hard disk drives or HDD. New SAS interface models provide the benefits of 12Gbit/s...

BlackBerry Limited (BBRY, BB.TO) said that it launched the BlackBerry Classic in Singapore. The smartphone built to meet the needs of productive people who appreciate the speed and accuracy that can be found with a physical QWERTY keyboard is available island-wide through each of the three major network...

Irish drug company Shire Plc (SHP.L, SHPG) is considering a bid for NPS Pharmaceuticals Inc. (NPSP), Bloomberg reported citing people familiar with the matter said. Quoting two of the people, the report said that the timing of any offer could depend on whether the U.S. Food and Drug Administration...

Beauty products maker Avon Products, Inc. (AVP) said Wednesday that it has reached a $135 million settlement with the U.S. Department of Justice (DoJ) and the U.S. Securities and Exchange Commission (SEC) for violating the accounting provisions of the Foreign Corrupt Practices Act. The company is...

The U.S. Food and Drug Administration approved Xtoro or finafloxacin otic suspension, a new drug used to treat acute otitis externa, commonly known as swimmer's ear. Xtoro is manufactured Alcon Laboratories, Inc., based in Fort Worth, Texas. Acute otitis externa is an infection in the outer ear and...

Alaska Airlines, a subsidiary of Alaska Air Group (ALK), said that its flight attendants approved a new five-year contract. Included in the new contract are quality of life enhancements and pay increases that rank Alaska's 3,400 flight attendants among the highest paid in the industry at every pay step. "We...

Marathon Oil Corp. (MRO) announced that it anticipates its 2015 capital, investment and exploration budget will be approximately $4.3 billion - $4.5 billion, or about 20 percent lower than 2014 levels, excluding its recently disposed Norway business. The 2015 capital program will reflect a significant...

Diversified metal manufacturer Worthington Industries, Inc. (WOR) on Wednesday reported a 28 percent increase in profit for the second quarter from last year, reflecting higher volume in the steel processing segment and the impact of recent acquisitions in the pressure cylinders business. However,...

Worthington Industries Inc (WOR), a metals manufacturing company, on Wednesay reported second-quarter net earnings of $29.5 million or $0.43 per share compared with $23 million or $0.32 per share last year. Excluding items, adjusted earnings for the quarter were $0.55 per share compared with $0.56...