Canadian gold producer Agnico-Eagle Mines and Grayd Resource Corporation announced jointly today that Agnico-Eagle has formally commenced its $275 million take-over bid to acquire Grayd.

Agnico-Eagle is a long established gold producer with operations in Canada, Finland and Mexico and exploration and development activities in Canada, Finland, Mexico and the United States.

As countries across the globe wake up to the potential of wind power, business is booming for organisations operating within the wind energy sector.

According to RenewableUK and the Sector Skills Council for the power sector, employment in the UK’s wind power industry has surged over 91 per cent since 2007.

Rolls-Royce has announced a partnership with Pratt & Whitney to develop next generation engines for mid-size aircraft, as well as a restructuring of the companies’ International Aero Engines collaboration.

The new partnership will see the two companies developing engines for mid-size aircraft (capable of carrying 120 to 230 passengers) that will replace the existing mid-size fleet. Both companies will hold an equal share in the joint venture.

PepsiCo today reported growth in volume, net revenue, operating profit and earnings per share for the third quarter of 2011.

The company reported top-line gains across its worldwide snacks and beverage businesses and from the acquisition of Wimm-Bill-Dann (WBD), the leading dairy and juice company in Russia.

Worldwide snacks volume grew 8 percent in the quarter and 7 percent year to date, while worldwide beverage volume grew 4 percent in the quarter and 6 percent year to date.

Sainsbury’s, the UK’s third largest supermarket chain, today unveiled a new £1 billion sustainability plan.

The plan, called the Sainsbury's 20 by 20 Sustainability Plan, outlines 20 sustainability targets to be achieved by 2020.

Superior Energy Services has announced an agreement to acquire Complete Production Services for $2.7 billion.

The boards of directors of both companies have unanimously approved a definitive merger agreement combining the two companies into a diversified mid-cap oilfield services company.

New Orleans, Louisiana-based Superior Energy Services was founded in 1989 as an oilfield products manufacturing company before branching out into services.

Developing new IT systems is fraught with danger at the best of times; but as Alan Swaby learns, when you harness the power of 98 different customers, you become a force for change.

Not all are tainted, by any means, but in the UK a large number of IT projects for government departments or other public bodies are either long overdue, way over budget or both. As such, the sheer size of a commissioning agency is no guarantee of success—so it’s no bad thing to take a look at how it is being done successfully in a different arena.

Greatship (India) Limited believes that technology, leadership and excellence in execution hold the key to expanding its offshore support business. Jane Alverca reports.

Ghandour Cosmetics is bringing glamour to Ghana and beyond. Founder Tanal Ghandour, who acts as managing director, talks to Jayne Alverca about the impact the company is making on African markets.