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A.P. Møller - Mærsk A/S (AMKAF.PK, AMKBF.PK) announced that the second phase of its share buy-back program will run from 24 November 2014 to 28 February 2015. The shares to be acquired will be limited to a total market value of DKK 3.32 billion. A maximum of 75,000 A shares and 300,000 B shares can be...

Sound Oil Plc. (SOU.L), a Mediterranean focused upstream oil and gas company, announced Monday that it intends to launch a public offer for the share capital of Canadian oil and gas exploration and production company Antrim Energy Inc. (AEY.L, AEN.TO, ATGYF.PK). Sound Oil said it proposes to offer...

Oil and gas services provider Petrofac Ltd. (POFCF.PK, POFCY.PK, PFC.L) Monday reported that it is on track to deliver full year 2014 net profit towards the lower end of the $580 million to $600 million range provided in previous guidance. The company also reported strong order intake of $10 billion...

UK-based drugmaker AstraZeneca Plc. (AZN.L, AZN) Monday announced that Duaklir Genuair (aclidinium bromide/formoterol fumarate 340/12 mcg) has been granted Marketing Authorisation by the European Commission to be used as a maintenance bronchodilator treatment to relieve symptoms in adult patients with...

Mining giant BHP Billiton Ltd. (BHP, BHP.AX, BBL, BLT.L) Monday announced changes to the Group Management Committee associated with the proposed demerger of its less profitable assets. In a statement, Chief Executive Officer Andrew Mackenzie announced that Athalie Williams will join the committee...

Onex Corp. (OCX.TO) said it has agreed to acquire SIG Combibloc Group AG for up to 3.75 billion euros or $4.66 billion. The company said 3.58 billion euros or $4.44 billion will be paid at the closing of the transaction, with an additional amount of up to 175 million euros or $217 million payable...

Nyrstar NV (NYRSF.PK), a Belgium-based integrated mining and metals business company, Monday announced that mining and milling activities at its Campo Morado mine in Mexico are temporarily suspended due to a blockade of the mine by the local CTM Trade Union. The suspension will have an impact on the...

Novartis (NVS) announced that the European Commission has approved Signifor (pasireotide) as a new long acting release formulation for once monthly intramuscular injection to treat adult patients with acromegaly for whom surgery is not an option or has not been curative and who are inadequately controlled...

NXP Semiconductors N.V. (NXPI) Monday said it will buy wearable and bluetooth low energy IC business of Quintic. The transaction is expected to close during the first quarter of 2015. Financial terms of the deal were not revealed. Following the acquisition, Quintic's leadership is expected to join...

Gap brand and Zalando, online fashion web site in Europe, have announced a partnership that will see Gap open its own dedicated online shop within Zalando, Gap Inc. (GPS) said. The American retailer will offer a broad assortment of clothing and accessories for Gap Women, Gap Men, GapKids and babyGap,...

Aurobindo Pharma USA said that it has voluntarily recalled lot GESB14011-A of Gabapentin Capsules, USP 300 mg 100-count bottles to the consumer level. The product lot has been found to contain some empty capsules. Empty capsules could result in missed dose(s) of gabapentin resulting in adverse health...

Mining company BHP Billiton (BHP, BBL, BLT.L, BHP.AX) said it plans to further cut costs as it grapples with lower prices for coal and other commodities. BHP anticipates savings of $4 billion by June 2017, through cost cutting measures and increasing commodity volumes. Also the company intends...

CME Group Inc (CME), the diverse derivatives marketplace, on Sunday announced the launch of trading and clearing services for the Iron Ore 58% Fe, Low Alumina, CFR China (TSI) Futures contract. Pending CFTC review, this new cash-settled futures contract will be listed on CME Globex and the NYMEX...

Jacobs Engineering Group Inc (JEC) Sunday announced the retirement of Craig Martin as President and Chief Executive Officer and a member of the Board of Directors, effective on December 26, 2014, the last day of Jacobs' first quarter of fiscal 2015. Martin elected to retire for health reasons. He...

CGN Power Co, the Chinese nuclear power plant operator, is planning to raise up to US$3.16 billion in an initial public offering in Hong Kong, the Wall Street Journal said Sunday. The company intends to offer 8.83 billion shares in a price range of HK$2.43 to HK$2.78 per share on Monday, the Journal...