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SGS Group (SGSOY.PK), an inspection, verification, testing and certification company, reported Tuesday that its fiscal 2018 profit attributable to equity holders increased 3.5 percent to 643 million Swiss francs from last year's 621 million francs. Earnings per share were 84.32 francs, higher than...

Swiss banking giant UBS Group AG (UBS) reported Tuesday that its fourth-quarter net profit attributable to shareholders was $696 million or $0.18 per share, compared to net loss of $2.42 billion or $0.65 per share a year ago. Operating profit before tax was $862 million, higher than prior year's $845...

Retail holding company Steinhoff International Holdings N.V. on Tuesday issued an update on the progress in connection with the corporate and capital restructuring of its European business. The Company said it continues to work towards the implementation of the financial restructuring of the Group...

Consumer goods giant Unilever plc (UN, ULVR.L) on Tuesday voluntarily disclosed fragrance ingredients across its U.S. beauty and personal care brands, aiming for ingredient transparency. The company noted that consumers in the U.S. can now view fragrance ingredients found in more than 1,100 Unilever...

UQM Technologies, Inc. (UQM), a developer of alternative energy technologies, announced Monday that it has entered into a definitive merger agreement to be bought by a unit of Denmark-based privately-owned company Danfoss A/S. Danfoss Power Solutions (US) Co. will buy UQM for $1.71 per share in an...

Branded food company Conagra Brands, Inc. (CAG) announced Monday that it is exploring strategic alternatives for its Italian-based frozen pasta business, Gelit. Doganella di Ninfa, Italy -based Gelit produces authentic Italian frozen food and ready meals, primarily for private label customers. The...

Fang Holdings Limited (SFUN) announced change in its senior management and a proposed spin-off of China Index Holdings Limited or "CIH", a wholly-owned subsidiary of Fang. Jian Liu, Fang's President, has been appointed as Chief Executive Officer to replace Vincent Tianquan Mo, effective immediately....

The German government has decided to stop the operations of Iranian airline Mahan Air at German airports citing "safeguarding foreign and security interests of Germany." A foreign ministry spokesman said that the airline has ties to Iran's Revolutionary Guard and provides military transport flights...

Pan American Silver Corp. (PAAS, PAAS.TO) reported that 2018 Silver production of 24.8 million ounces was modestly below the original guidance range provided in January 2018 of 25.0 million to 26.5 million ounces, primarily due to shortfalls at Dolores and San Vicente, partially offset by higher-than-forecast...

Shares of Henkel AG & Co. KGaA (HENOY, HENKY) were losing around 6 percent in the morning trading in Germany after the consumer goods maker issued weak margin outlook for fiscal 2019. Further, the company confirmed its outlook for fiscal 2020. Looking ahead for fiscal 2019, the company said it expects...

Vertex Pharmaceuticals Inc. (VRTX) announced Monday that the European Commission has granted approval of the label extension for ORKAMBI (lumacaftor/ivacaftor) for the treatment of children with cystic fibrosis or CF aged 2 to 5 years old who have two copies of the F508del mutation, the most common form...

Facebook (FB) announced a new partnership with the Technical University of Munich (TUM) to support the creation of an independent AI ethics research center. The Institute for Ethics in Artificial Intelligence, which is supported by an initial funding grant from Facebook of $7.5 million over five years,...

Alnylam Pharmaceuticals Inc. (ALNY)and Medison Pharma, Israel's leading commercial partner for pharmaceuticals, announced an exclusive agreement to commercialize ONPATTRO, the first-ever commercialized RNAi therapeutic, as well as other investigational therapeutics under development in the Alnylam RNAi...

MetLife (MET) said that it appointed Richard Nunn as Chief Executive Officer in Australia, effective 1 May 2019. Nunn is currently the CEO of Statewide Super, a leading superannuation fund based in South Australia and one of MetLife Australia's longest standing clients. He brings over 30 years' financial...

Filtronic plc (FTC.L), a manufacturer of antennas, filters and mmWave products, announced Monday that it has appointed Quintel USA Inc. as its exclusive distributor in North America to a number of Mobile Network Operators or MNOs for certain antenna products. Separately, and in addition to the distribution...

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