Dominion Virginia Power, a subsidiary of Dominion, will seek regulatory approval in early 2011 to build a new natural gas-fired power station in northwestern Virginia with the approval of the station's air permit.
Medical technology firm Medtronic has said that its chairman and CEO William Hawkins is intending to retire from the company at the conclusion of the current fiscal year ending April 29, 2011.
Qatar Petroleum and Shell have signed a memorandum of understanding (MoU) to jointly study the development of a major petrochemicals complex in Ras Laffan Industrial City, Qatar.
Sumitomo Corporation, Nissan Motor and NEC Corporation have signed a memorandum of understanding (MoU) to promote a new membership-based charging service for EV users that will be available for the first time in Japan.
Swedish property company Kungsleden has signed a letter of intent to acquire the majority of the properties held by NR Nordic & Russia Properties. Completion of the core portfolio transaction is scheduled for March 31, 2011.
US-based Starcom MediaVest Group (SMG) and DIRECTV have signed an agreement in principle for SMG to assist DIRECTV in delivering scaled, household-addressable advertising to customer households with DVRs.
Continental Airlines and Spanair, both members of Star Alliance, will begin codesharing on flights across the Atlantic and to destinations in Spain and Africa.
Nestle has opened a new GBP5m (more than CHF7.5m) wafer manufacturing line in the UK to boost Kit Kat production. The new wafer line was officially opened earlier in December 2010.
AT&T has agreed to purchase spectrum licenses in the Lower 700 MHz frequency band from Qualcomm for $1.925 billion. The companies anticipate closing of the sale during the second half of calendar year 2011.
Biopharmaceutical firm Gilead Sciences has signed a definitive agreement to acquire Arresto Biosciences, a developer of medicines to treat fibrotic diseases, for $225m.