Skanska is planning to construct a groundwater treatment plant in Hanford in Washington State in the US. Work on the site will commence in the summer 2010 and will be completed in 2011.
Merck and Glenmark Pharmaceuticals USA and Glenmark Pharmaceuticals Limited have reached an agreement to settle their patent litigation involving Glenmark's challenge to Merck's patent covering Zetia (ezetimibe).
Barclays Wealth has expanded its Africa team with the hiring of five new private bankers to its International Private Bank EMEA. Over the past six months Barclays has invested intensively within this region to deepen coverage & client service.
Genera Biosystems has signed a collaboration arrangement with Healthscope Pathology to develop a novel molecular diagnostic test capable of detecting and distinguishing up to 18 different pathogens that may infect the respiratory tract.
Akbar Gulf Travels, a travel management company, has signed a travel technology agreement with EmQuest, the distribution arm of the Emirates Airline Group.
Dean Foods Company has reported net sales of $2.97 billion for the first quarter ended March 31, 2010, compared to $2.7 billion for the same period in 2009.
Watson Pharmaceuticals has reported a net revenue of $856.5m for the first quarter ended March 31, 2010, an increase of 28 percent, compared to $667.4m for the same period in 2009.
Cognizant has acquired The PIPC Group, a London-based global program management consulting firm. The terms of the transaction were not disclosed.
Fluor Corporation has won an engineering and limited procurement contract for Newmont Mining's Minas Conga project in Peru. The current award covers select activities through the second quarter of 2011.
Germany-based Evotec has entered into a multi-year integrated drug discovery alliance with Genentech, a wholly-owned member of the Roche Group, to discover novel small molecule therapeutics.
Jack Henry & Associates, a provider of data processing services, has entered into a definitive agreement for the acquisition of iPay Technologies, a portfolio company of Spectrum Equity Investors and Bain Capital Ventures.
JetBlue Airways and South African Airways (SAA) have signed a comprehensive interline agreement, providing new and convenient connection options for both SAA and JetBlue customers wishing to travel between the US and southern Africa.
Renault has invested ARS135m (more than E27m) to modernize its Santa Isabel plant in Cordoba, Argentina. The plant recruited 258 people as part of this reorganization.
Nokia has launched Ovi Life Tools (Nokia Ovi Sheng Huo Tong) in China, which offers a wide range of information services covering healthcare, agriculture, education and entertainment.
Skanska Commercial Development Nordic is starting its second office project in Helsinki. The investment amounts to E27.8m, approximately SEK270m. In 2009, Skanska initiated preparatory ground and tunnel work in the area.
Nokia has filed a complaint against Apple with the Federal District Court in the Western District of Wisconsin, alleging that Apple iPhone and iPad 3G products infringe five important Nokia patents.
IMAX Corporation has signed an agreement with Russian retail and entertainment developer SBS to install an IMAX theater in the city of Krasnodar under the developer's Seven Stars Cinemas brand name.
Sun Pharmaceutical Industries subsidiary has received the US food and drug administration approval for its abbreviated new drug application (ANDA) to market a generic version of Forest Laboratories' Namenda 5 mg and 10 mg tablets.
DIRECTV has reported revenues of $5.6 billion for the first quarter ended March 31, 2010, an increase of 14 percent, compared to $4.9 billion for the comparable period in 2009.
Citi has appointed Amit Sah as consumer banking head for Russia and CIS, subject to regulatory approvals. In this capacity, he will be responsible for driving Russia's consumer business strategic direction, profitability and performance.
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