Companies : Page 2700

SES orders series of new satellites in Europe, Americas

February 17, 2015 The satellite, SES-16/GovSat, has been ordered by LuxGovSat, a new joint venture between SES and the Luxembourg government, from the satellite manufacturer Orbital ATK.

TEPCO plans to expand business across Japan from 2016

February 17, 2015 Tokyo Electric Power Co. (TEPCO) plans to expand its power distribution network across Japan, according to President Naomi Hirose.

Delta employees earn more than $1 billion for 2014 performance

February 16, 2015 Delta Air Lines employees will receive profit sharing as part of the company's $1.1 billion total payout for 2014, the largest payment in the company's history, in recognition for their performance.

Hydro has decided to invest in technology pilot in Karmøy

February 16, 2015 Hydro has made a formal investment decision to develop a full scale pilot plant in Karmøy to demonstrate the world's most energy and climate efficient aluminium production.

Stockmann launches an efficiency programme, wants to save EUR 50 million

February 16, 2015 Stockmann plc is to streamline its operations in order to turn its earnings performance around. To this end, it is launching an efficiency programme with an annual cost savings target of EUR 50 million.

Anbang of China to buy SNS insurance arm in deal worth $1.6 billion

February 16, 2015 SNS Reaal, the bank and insurer owned by the Dutch government, said it had agreed to sell its Vivat insurance arm to Chinese financial group Anbang in a deal worth at least 1.4 billion euros ($1.60 billion).

Deutsche Wohnen launches $1.1 billion takeover for Conwert

February 16, 2015 A real estate group Deutsche Wohnen wants to acquire Austrian peer Conwert in a deal that values the company at about 1 billion euros ($1.1 billion).

Lactalis ready to give $51.77 million for Arab Dairy

February 16, 2015 A subsidiary of Lactalis has raised its offer for Egypt's Arab Dairy to 65.75 Egyptian pounds per share, topping the latest rival bid from Pioneers Holding.

Mexico and Wal-Mart launch initiative to improve lives of farm workers in Mexico

February 16, 2015 The Mexican government and Wal-Mart announced steps to improve the lives of the nation's farm workers, two months after a Los Angeles Times investigation detailed labor abuses at Mexican agribusinesses that supply major U.S. supermarket chains and restaurants.

Dow AgroSciences expands operations in Puerto Rico

February 16, 2015 Puerto Rico Corp., a wholly owned subsidiary of the Dow Chemical Co. and an affiliated company of Dow AgroSciences, opened its new Seed Research and Development facility on the island.

United Medical Systems acquires Litho of America

February 14, 2015 United Medical Systems together with their parent, New State Capital Partners, have acquired Litho of America, a privately held mobile lithotripsy and GreenLight laser service provider.

Asiana Airlines to order 25 A321neo aircraft

February 14, 2015 South Korea's Asiana Airlines has signed a Letter of Intent (LOI) with Airbus for the purchase of 25 A321neo single aisle aircraft as part of its ongoing fleet modernisation programme.