Companies : Page 2675

Terra Sola plans $3.5 billion Egypt solar investment

March 23, 2015 The Bahrain-based Terra Sola has penned a deal worth up to $3.5 billion to build solar photovoltaic power projects in Egypt.

Petrobras pre-salt clusters set record production

March 23, 2015 Petrobras said the output from the Santos and Campos basin pre-salt clusters reached record levels in February.

Audax Group sold Phillips & Temro Industries to Harbour Group

March 21, 2015 Audax Group has completed the sale of Phillips & Temro Industries to Harbour Group, a private operating company located in St. Louis, Missouri.

Caterpillar to move 230 jobs from Joliet to Mexico

March 21, 2015 Caterpillar announced it will move forward with a plan that includes the loss of 230 jobs from the Joliet, Ill. plant and the move of two production lines to Mexico.

Lufthansa: 50% of our passengers will stay on ground

March 21, 2015 Despite the continuous strike action in a row, Lufthansa says it will be able to operate around half of its flights on Saturday, 21 March.

OneSubsea delivers world's first subsea multiphase compressor to Statoil

March 21, 2015 OneSubsea, a Cameron and Schlumberger company, has delivered the world’s first subsea Multiphase Compressor to Statoil for the Gullfaks South field in the North Sea.

Salmonella strikes back: Frontier Co-op, Trader Joe's, First Source and Vitamin Cottage recalls

March 20, 2015 Frontier Co-op is recalling several of its products manufactured with organic garlic powder under its Frontier and Simply Organic brands, and one product under the Whole Foods Market brand due to potential Salmonella contamination.

Court gives green light for AIG's $970.5 million settlement

March 20, 2015 American International Group (AIG) shareholders won approval of a $970.5 million settlement over claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts.

Bank of New York Mellon to pay $714 million to settle forex claims

March 20, 2015 Attorney General Eric T. Schneiderman and United States Attorney for the Southern District of New York Preet Bharara announced a settlement with the Bank of New York Mellon (BNYM) that resolves cases brought regarding BNYM's fraudulent foreign exchange practices.

Simon Property Group: $95.50 per Macerich share is our best and final offer

March 20, 2015 The Macerich Company confirmed that it has received a revised, unsolicited proposal from Simon Property Group, Inc. to acquire the company for $95.50 per share in cash and stock.

IAG Cargo to boost Colombia line, fly to Cuba

March 20, 2015 From this summer, IAG Cargo is boosting its Latin America network by launching a new route into Colombia and reopening its route into Cuba.

JetBlue and Southwest Airlines deliver best customer experience

March 20, 2015 JetBlue Airlines and Southwest Airlines deliver the best customer experience in the airline industry, according to the 2015 Temkin Experience Ratings, a survey of 10,000 U.S. consumers.