Breaking News

Share SHARE

Shares of Yara International ASA (YARIY.PK) increased around 9 percent in the morning trading in Oslo after the Norwegian fertilizers group confirmed that it is in discussions with U.S. peer CF Industries Holdings, Inc. (CF) regarding a potential merger of equals transaction. In a statement, CF also...

British food ingredients company Tate & Lyle Plc (TATE.L, TATYY.PK) Tuesday said its profit for the first half will be impacted by significant disruption to its supply chain and increasing competitive market for SPLENDA Sucralose. The shares fell about 17 percent in the morning trade in London. The...

Norwegian fertilizer business Yara International ASA (YARIY.PK) confirmed that it is in discussions with CF Industries (CF) relating to a potential merger of equals transaction. The talks are at an early stage, and there can be no assurances that these discussions would result in any transaction.

Top Image Systems, Ltd. (TISA), a Enterprise Content Management (ECM) and Business Process Management (BPM) solutions and Mobile Imaging Platform (MIP) provider, announced the TIS Board approved the appointment of TIS' current COO Michael Schrader to the position of CEO. TIS' current Chief Financial...

A.G. BARR plc (BAG.L), and Snapple Beverage Corp. subsidiary of the Dr Pepper Snapple Group (DPS), announced they have entered into a 10 year agreement commencing January 2015, whereby A.G. BARR will have the exclusive rights to sell, market and distribute the Snapple brand in the UK and certain other...

Dutch consumer electronics firm Koninklijke Philips Electronics NV (PHGFF.PK, PHG) Tuesday said it plans to create two market-leading companies focused on the HealthTech and Lighting solutions opportunities. Both companies will continue to benefit from leveraging the Philips brand. With 2013 sales...

British food ingredients company Tate & Lyle Plc (TATE.L, TATYY.PK) said it expects first-half Group adjusted pre-tax profit to be in the range of 95 million pounds to 105 million pounds, despite continuing good demand across Speciality Food Ingredients and a solid performance in Bulk Ingredients, significant...

Raiffeisen Bank International AG (RAIFF.PK, RAIFY.PK), an Austria-based bank, on Monday said it expects a negative result for 2014, mainly reflecting certain extraordinary charges. Excluding these charges, underlying operating performance remains stable. Raiffeisen Bank or RBI also lifted its outlook...

TRU Simulation + Training Inc., a unit of Textron Inc. (TXT), late Monday announced that it has signed a contract to provide China Express Airlines with a Bombardier CRJ 900 FFS X full flight simulator to support the airline's increasing numbers of this aircraft. China Express Airlines, is China's...

Japanese consumer electronics maker Sony Corp. (SON.L, SNE), which is launching PlayStation TV on October 14, said nearly 700 games would be available in the U.S. and Canada to play on PS TV on Day One. This includes established, popular franchises like Killzone: Mercenary, cult hits like Persona...

eLong, Inc. (LONG), a Chinese mobile and online travel service provider, announced late Monday the appointment of Philip Yang as Chief Financial Officer, effective October 1. The company noted that Rong Luo, eLong's Chief Financial Officer, and Jason Xie, Chief Operating Officer, will be leaving the...

The Federal Trade Commission is weighing an antitrust lawsuit against the $3.5 billion merger of Sysco Corp. (SYY) and US Foods Inc. on concerns that the combination could threaten competition, the Wall Street Journal reported, citing people familiar with the matter. Both companies buy food and supplies...

A court in Paris has ruled that UBS AG (UBS) should pay 1.1 billion euros ($1.4 billion) in security deposit as required by French investigators, upholding an order made in July which the Swiss banking giant had appealed. The bail is to cover a likely criminal penalty on charges of money laundering,...

Italian banking giant UniCredit SpA (UNCFF) and Spanish commercial bank Banco Santander, S.A. (SAN, BNC.L) is in final stage talks to combine their asset management units, according to media reports on Monday. The deal to combine UniCredit's Pioneer Investments unit with Santander Asset Management...

Cereal maker Kellogg Co. (K), Canadian pension fund Ontario Teachers' Pension Plan or OTPP and Turkish biscuit company Ulker Biskuvi Sanayi AS are among the first round bidders to acquire British snack and cookie maker United Biscuits Holdings Ltd., according to media reports on Monday. The bids reportedly...