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Residential property owner and manager Grainger plc (GRI.L) announced Tuesday the appointment of Helen Gordon as chief executive officer designate. Gordon will succeed Andrew Cunningham, who had on March 31 announced he will retire at the next Annual General Meeting in February 2016. The appointment...

Israeli flavors and specialty fine ingredients firm Frutarom Industries Ltd. (FRUTF) announced that it has acquired 100 percent of the share capital of the US flavors company Foote & Jenks for about $4 million. The deal was completed upon the signing of the agreement and financed through bank debt. Frutarom...

Partner Communications Co. Ltd. (PTNR) announced that it has signed an agreement with Orange which creates a new framework for their relationship. The two companies will use a detailed market study to assess Partner's position within the dynamics of the Israeli telecommunications services marketplace. Partner...

Mountfield Group plc (MOGP.L) announced in its trading statement that its recent review of the group's business is already producing measurable benefits. Building on from a strong start to the year, the Company said it has secured a further 2.1 million British pounds of direct works for completion...

Belgian biopharmaceutical company Ablynx NV (ABLYF) announced that it has entered into an exclusive license agreement with Japan's Taisho Pharmaceutical Co., Ltd. for the development and commercialization of Ablynx's anti-TNFa Nanobody, ozoralizumab, in Japan, for the treatment of rheumatoid arthritis. Under...

RELX Group (REL.L, RUK, ENL ) Tuesday said it would complete the simplification of its corporate structure and name changes announced in February, and approved at the Annual General Meetings of the parent companies in April. The steps being implemented on July 1 include Reed Elsevier PLC and Reed...

Housebuilding and construction group Galliford Try plc announced that it has signed a development agreement with the Greater London Authority to secure planning and construct the Silvertown Way development in Canning Town, East London. It will include a hotel, restaurant, employment and commercial space...

Northgate Plc. (NTG.L), a specialist in light commercial vehicle hire, Tuesday reported that its fiscal 2015 profit before tax climbed to 83 million pounds from last year's 51.2 million pounds, reflecting continued growth in both the UK and Spain. Basic earnings per share grew to 50.1 pence from...

amended: corrects the headline to say deal value is in million, not billion. Wood Group (John) PLC (WDGJF.PK, WG.L) announced it has acquired BETA Machinery Analysis, a Calgary-based engineering consultancy specializing in advanced vibration analysis, in a deal valued at $14.3 million. BETA employs...

Blackstone (BX) announced that private equity funds it manages have agreed to sell AlliedBarton to Wendel SE for approximately $1.67 billion. AlliedBarton is a U.S.-based provider of security services to more than 3,300 customers, including 200 members of the Fortune 500. Based in suburban-Philadelphia,...

Amazon Web Services, Inc. or AWS, affiliated to online retail giant Amazon.com, Inc. (AMZN), Tuesday announced that it will open an AWS infrastructure region in India for its cloud computing platform in 2016. Customers in India such as Tata Motors Limited, NDTV, Ferns N Petals and Novi Digital, among...

Japanese electronics giant Toshiba Corp. (TOSYY.PK) announced the launch of a 6 terabyte enterprise capacity hard disk drive optimized for servers supporting cloud-based applications and analytic workloads. The hard disk comes in a 3.5-inch form factor, with a performance of 7,200 rotations per minute,...

Novartis Pharmaceuticals (NVS) Tuesday announced the release of new features for its ViaOpta applications, and the extension for use with smart watches. According to the Swiss drugmaker, the discreet, hands-free nature of using ViaOpta app with wearable devices, like Apple Watch and Android Wear,...

Digital security provider Gemalto (GTOMY.PK, GTOFF.PK) reported the release of its new SafeNet Multi-Link High Speed Encryptor or HSE solution that provides the equivalent of 10 by 10 Gbps high-speed encryptors in one unit. With a total encrypted bandwidth of 100 gbps, the CN8000 helps enterprises...

Genentech, a member of the Roche Group (RHHBY.PK), announced positive results from two pivotal studies evaluating the investigational medicine ocrelizumab compared with interferon beta-1a (Rebif), a standard-of-care therapy, in people with relapsing multiple sclerosis or MS, the most common form of the...

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