Brookfield Properties Corporation announced today that Steven J. Douglas has resigned as President of the company, effective immediately, to assume the position of Executive Vice President and Chief Financial Officer/Director of Accounting and Finance at General Growth Properties (NYSE: GGP). Ric
Canadian-based health sciences company, Sernova Corp (SVA) said its experimental glucose-control device showed safety and efficacy in a pre-clinical study in pigs that were made diabetic. Dr. Philip Toleikis, Sernova's President & CEO, noted "Our Cell Pouch System(TM) is a proprietary
Chinese supplier of auto-sheets, Baosteel Group Corp., the parent company of Baoshan Iron and Steel (600019), will be evaluated by Nissan Motor Co (7201.T), Japan’s No.3 car maker, as a global autosheet supplier. Japanese carmakers, who used to buy from
Petroliam Nasional Bhd (Petronas) shuts pipelines off Malaysia’s east coast after spotting oil sheen
Petroliam Nasional Bhd (Petronas) (PETR) has shut down production pipelines at offshore platforms 240 kilometres off the East Coast of Peninsular Malaysia after a thin layer of oil sheen was sighted. "The contractors have cleaned up the majority of the sheen
Michael Page International PLC (MPI), U.K.'s second largest recruiter, gross profit rose 14 percent to $169.1 million in the second quarter compared with the previous quarter. The company beat analysts' forecasts and posted stronger figures than rival Hays PLC (HAS).
Alstom (ALO), French power and transport engineering maker, signed a contract worth 100 million euros to build 90 megawatt wind farms in the state of Bahia, in Brazil with renewable energy company Engevix. Alstom will build three farms for Brazilian
Taiwan's Acer Inc (2353.TW), the world’s largest supplier of notebook computers, said its June sales were $1.39 billion, up 0.53 percent from the same month a year earlier. In May company had reported sales of US$1=T$32. Taiwan's Acer Inc., the world's
BC Partners and Silver Lake to buy Multiplan for $3.1B from Carlyle and Welsh, Carson, Anderson and Stowe
Private-equity firms, BC Partners [BCPRT] and Silver Lake Partners [SILAK] are set to buy health-care business MultiPlan Inc. for $3.1 billion from rivals Carlyle [CYL] and Welsh, Carson, Anderson and Stowe. New York-based MultiPlan is one of the largest U.S.
Fujitsu Ltd, a leading provider of business, information technology and communications solutions, plans to boost investment in cloud computing by 54 percent this year to beef up its operations in one of the IT sector's hottest areas. Company plans to
GMAC-SAIC Automotive Finance Company, Ltd. (GMAC-SAIC) plans to issue $221 million in three-year floating-rate bonds, set to be the first car financing firm to issue bonds in China, company is waiting for regulatory approval for the bond issuance. GMAC-SAIC Automotive