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Nordex AG (NRDXF.PK) Thursday said it has received a contract for the 65 MW "Knockduff" wind farm project, entailing the delivery and installation of 26 N90/2500 wind turbines plus premium service for a minimum period of 15 years. The wind farm is to go into operation in August 2015. The "Knockduff"...

Standard Chartered Plc (SCBFF.PK, STAC.L, STAN.L) announced changes to its board. After over 6 years on the board, it is with regret that, for personal reasons, John Paynter, independent Non-Executive Director, has decided to step down, effective December 31, 2014. He was named to the board on October...

Royal Dutch Shell plc (RDS-B, RDSB.L, RDSA.L, RDS-A) announced it has signed an agreement with ST1 for the sale of retail, commercial fuels and supply and distribution logistics businesses in Norway. Shell's aviation business in Norway will become a 50-50 joint venture with ST1. The company noted that...

French insurer Axa SA (AXAHY.PK) Thursday said it has agreed with Certinvest and SIF Transilvania to sell its Life & Savings insurance operations in Romania and exit the Romanian market. The parties agreed not to disclose the terms and conditions of the deal. As per the terms of the agreement, Certinvest...

Japan's Seiko Epson Corp. (SEKEY.PK, SEKEF.PK) announced Thursday that it had acquired Somerset, Wisconsin-based K-Sun Corp., a supplier of portable and desktop electronic label printers. The company expects the acquisition to provide broader access to labeling customers and influencers, as well as...

Shares of Incadea Plc (INCA.L) climbed around 33 percent in the morning trading in London after the company said it has agreed to be acquired by DealerTrack Technologies Inc. (TRAK) in about 121.6 million pounds deal. The company said it has reached agreement on the terms of a recommended cash offer....

Volvo Group (VOLVY.PK) reported that deliveries from its truck operations in November 2014 amounted to 18,224 vehicles, a decrease of 10% compared with the year-earlier month. On a regional basis November deliveries declined by 16% in South America, primarily due to lower deliveries in Brazil. Deliveries...

French insurer Axa SA (AXAHY.PK) has reached an agreement with Certinvest and SIF Transilvania to sell its Life & Savings insurance operations in Romania and exit the Romanian market. As part of the agreement, Certinvest would purchase a 70% stake in AXA's Romanian division, AXA Life Insurance S.A.,...

Akers Biosciences, Inc. (AKER, AKR.L), a manufacturer of rapid diagnostic screening and testing products, Thursday said it has entered into multi-year distribution agreements for PIFA Heparin/PF4 Rapid Assay products with France's Cryopep SARL, covering France, Belgium, the Netherlands and Luxembourg....

Stora Enso Oyj (SEO) announced that its Renewable Packaging Division will be split into two divisions: Consumer Board and Packaging Solutions. Both divisions will become separate reporting segments from January 1, 2015. The company said the new structure will help greater transparency in financial reporting....

French grocery retailer Carrefour Group (CRERF.PK, CRRFY.PK) said the Brazilian investment company Península, chaired by Abilio Diniz, is taking a 10% stake in its subsidiary in Brazil. This transaction is a significant step in the plan, announced earlier by Carrefour group Chairman and Chief Executive,...

Infrastructure group Balfour Beatty Plc. (BBY.L) Thursday said it has reached financial close and completed the acquisition of the 164 million pounds Thanet offshore transmission project or OFTO in the UK. Balfour Beatty will invest over 20 million pounds of equity. The Thanet OFTO, previously operated...

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....