The pharmaceutical market in Europe is expected to grow at a compounded annual growth rate (CAGR) of more than 6 percent during 2010-2012, according to market research and information analysis firm RNCOS.

Bloomberg and book publisher John Wiley & Sons have formed a book publishing alliance under which Wiley will be the exclusive global publisher of Bloomberg and Bloomberg Businessweek-branded books under Bloomberg Press, a Wiley imprint.

Nova Bus has won a $10m order to supply 24 Nova LFS buses for the City of Honolulu with options on additional vehicles. The buses will be assembled in Nova's upstate New York plant and delivered in late 2010. The vehicles will feature clean diesel engines that meet strict EPA 2010 emissions regulations.

Payment services provider First Data Corporation has appointed its board member Joe Forehand, former chairman and CEO of Accenture, as its new chairman and interim CEO. Mr Forehand will succeed Michael Capellas.

Boston Scientific has received an approval from the US Food and Drug Administration for its Express LD iliac pre-mounted stent system for use in iliac arteries. The company is planning to launch the product immediately in the US.

Chevron Energy Solutions has started the construction on a 3.7Mw solar project that is expected to provide more than $1.5m in budget relief to the district's general fund in the first year and $7.6m over five years.

Skanska has secured the assignment to construct the new head office for Gainesville’s Regional Utilities unit. The contract amounts to $49m, or SEK350m, which will be included in order bookings for the first quarter. The customer is the city of Gainesville, Florida.

Cordis Corporation has unveiled its next-generation of bare metal stent system - Presillion Plus. The new stent system, which improves upon the Presillion, features technological advances designed to gain easier access to distal lesions and help restore the artery's natural form.

DHL Supply Chain has bagged a four year contract worth £75 million (approximately E86m) to manage the UK warehousing and distribution of dry goods and chilled produce for BP's UK Convenience Retail business.

The BMW Group has reported revenues of E50.68 billion for the full year 2009, a decrease of 4.7 percent, compared to E53.19 billion for the prior year period. Net Profit was E210m for 2009, a decrease of 36.4 percent, compared to E330m for the year ago period.

IT management software company CA has signed a definitive agreement to acquire privately-held Nimsoft, a provider of IT performance and availability monitoring solutions for managed service providers, in an all-cash transaction valued at $350m.

Navistar has unveiled the International TerraStar Class 4/5 commercial truck. The truck features MaxxForce Advanced EGR emissions technology. The TerraStar will initially be available with a 4x2 drivetrain, with a 4x4 drivetrain planned for 2011.

Abbott has received the US Food and Drug Administration approval for the Tecnis Multifocal 1-Piece intraocular lens (IOL) for cataract patients with and without presbyopia. Abbott has begun shipping in select markets and plans for full commercial shipments to begin in April 2010.

The Phoenix Companies, a provider of financial solutions using life insurance and annuities, is introducing Phoenix Reflections Bonus 10, Phoenix Reflections 10, and Phoenix Reflections 7 products.

The global influenza market has been growing at a very healthy rate for the past few years despite the high entry barriers to the influenza vaccine market, such as biological manufacturing know-how and complex public and private business interrelationships, according to research firm RNCOS.

IT services provider CSC has launched the common access card (CAC) enabled - remote access solution (CE-RAS), a secure connectivity solution that allows employees to access government networks from non-government computers, regardless of location.

Media company The New York Times Company has named Robert Christie to the post of senior vice president of corporate communications. He is charged with the planning, development and implementation of the company's internal and external communications strategies.

The Enterprise Mobility Solutions business of Motorola has announced latest additions to its Total Enterprise Access and Mobility (TEAM) portfolio, the TEAM radio link solution (TEAM RLS) module and TEAM radio link solution express (TEAM RLS Express).

Abbott and Facet Biotech have signed a definitive agreement for Abbott to acquire Facet, enhancing Abbott's early- and mid-stage pharmaceutical pipeline. The acquisition brings access to biologics in two key therapeutic areas, immunology and oncology.

Dell has unveiled its new 15.6-inch mobile workstation-the Dell Precision M4500, which joins the company's family of mobile workstations that includes the 17-inch mobile workstation, the Dell Precision M6500.