Adriana S Lamounier

Allianz SE (ALV.XE) said Friday that second-quarter net profit rose 23%, helped by lower sovereign debt losses, plus gains in life & health insurance, asset management and investments.

Glencore International PLC (GLEN.LN), a commodities company, said Friday it has entered into an agreement to sell Viterra Inc.'s minority interest in a nitrogen facility located in Medicine Hat, Alberta, Canada, to CF Industries Holdings, Inc.

PPR SA (PP.FR), the owner of luxury brands such as Gucci, will create a joint-venture company with Italian on-line retailer Yoox SpA (YOOX.MI) to create on-line stores to sell PPR's luxury brands.

TIDMGSK RNS Number : 2406J GlaxoSmithKline PLC 03 August 2012 Friday 3 August 2012, London UK - LSE Announcement GSK Completes Acquisition of Human Genome Sciences GlaxoSmithKline plc (LSE: GSK) today announced that it has completed its acquisition of Human Genome Sciences (NASDAQ: HGSI) for US$3.6

Industrial conglomerate Siemens (SI) said late Thursday it will buy back as much as 3 billion euros ($3.65 billion) worth of shares and cancel around 33 million treasury shares.

Poland's Bank Polska Kasa Opieki S.A. (PEO.WA), the country's second-largest bank by assets, said Friday its second-quarter net profit dropped 1.4% on lower fee income and higher provisions. The bank, which is also known as Pekao and is a unit of Italy's UniCredit S.p.A. (UCG.MI), posted a net

Tennessee Sen. Bob Corker has fended off four challengers in a Republican primary to win his party's nomination for a second term.