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Semiconductor Manufacturing International Corp.(SMI) said it has appointed Zixue Zhou as the new chairman and executive director of the company. Zhou's position as chairman will become effective as of today. Zhou, aged 58, has had many years of experience in the electronics information industry. Prior...

BP plc (BP.L, BP_UN.TO, BP) announced it has signed the final agreements of the West Nile Delta project to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates with an estimated investment of around $12 billion by BP and its partner. All the produced gas will be fed...

Wells Fargo & Co. (WFC) announced a 138 million pounds or $216 million acquisition loan for Brookfield Property Partners L.P. (BPY_UN.TO, BPY) to support the purchase of Moor Place, a 226,000 square-foot office building in the City of London. Moor Place is adjacent to Brookfield's London Wall Place...

Symrise AG (SYIEY.PK, SYIEF.PK) announced that, Bernd Hirsch, its CFO, will leave the company at the end of 2015. The company said, Bernd Hirsch has decided for personal reasons not to extend his contract as a member of the Executive Board, which would be up for renewal on December 31, 2015. The company...

Travel operator Thomas Cook Group Plc. ( TCKGY.PK, TCG.L) and Fosun International Limited, an investment group, announced a strategic partnership to build international cooperation across several business areas, to accelerate Thomas Cook's existing profitable growth strategy and create the potential...

airberlin (AIBEF.PK) reported that its passengers traveled a total of 3.039 billion kilometers (RPK) on its global flight route network, an increase of 2.9 percent over February 2014. Capacity, or the number of available seat kilometers (ASK), decreased by 0.6 percent to 3.592 billion in yearly comparison....

Commercial real estate services firm CBRE Group Inc. is in discussions to acquire Johnson Controls Inc's (JCI) global workplace solutions or GWS business for over $1 billion, reports said. The division manages 1.8 billion square feet of corporate real estate worldwide. While the value of the deal...

Troubled oil and gas company Afren Plc (AFR.L, AFRNF.PK) is looking to China to bring in "substantial" new capital, in the form of new equity, the Financial Times reported. The Africa-focused company has been going through tough times, faced with the dip in commodity prices as well as its own management...

Telecommunications equipment make Finisar Corp (FNSR) reported Thursday a profit for the third quarter that plunged from last year, despite revenue growth, reflecting significantly lower operating margins. Adjusted earnings per share matched analysts' expectations, while quarterly revenues topped...

Telecommunications equipment maker Harris Corp. (HRS) is currently in the process of completing its acquisition of smaller rival Exelis, Inc. (XLS). The companies are said to have submitted documents to the DoJ and FTC on February 24 as well as the FCC on the next day to secure antitrust clearance for...

Peabody Energy Corp. (BTU) said Thursday that it has priced its offering of $1.0 billion aggregate principal amount of 10.000% senior secured second lien notes due 2022 at an issue price of 97.566% of principal amount. Peabody plans to use the net proceeds from the sale of the notes to fund the tender...

YY Inc. (YY) reported net income for the fourth quarter of RMB372.8 million or RMB6.15 per ADS, compared to RMB192.0 million or RMB3.21 per ADS for the year-ago quarter. Excluding items, adjusted net income for the latest quarter was RMB410.8 million (US$66.2 million) or RMB 6.74 (US$1.04) per ADS. Net...

Lam Research Corp. (LRCX) said Thursday that it has priced $500 million aggregate principal amount of its 2.750% Senior Notes due 2020 and $500 million aggregate principal amount of its 3.800% Senior Notes due 2025. The offering is expected to close on March 12. Lam Research plans to use the net...

WuXi PharmaTech (Cayman) Inc. (WX) reported net income for the fourth quarter of $33.0 million or $0.46 per ADS, compared to $32.9 million or $0.45 per ADS for the year-ago quarter. Excluding itesm, adjusted net income for the latest quarter was $39.7 million or $0.55 per ADS. Fourth quarter net...

Thor Industries Inc (THO) on Thursday reported second-quarter net earnings of $28.6 million or $0.57 per share compared with $16.2 million or $0.32 per share last year, when results were hurt by harsh winter weather. The recreational vehicle maker said its sales for the quarter increased 34% to $852.4...

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