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Continental Airlines has named Jeff Smisek, the airline's president, COO and a member of the board of directors, as chairman and CEO, effective January 1, 2010. Mr Smisek will succeed Larry Kellner, who has decided to return to private equity at the end of 2009 after 14 years with Continental.

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ZF, a German manufacturer of automotive transmissions, and Continental have entered into a strategic alliance to develop and produce hybrid drives for commercial vehicles. ZF, as the systems supplier, will provide the parallel hybrid transmission, while Continental will provide the lithium-ion battery accumulator, and system electronics. In addition to pure hybrid technology, ZF is responsible for system integration and controls.

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Three offshore contractors have launched a company aimed at providing decommissioning solutions for offshore oil and gas assets in the UK Continental Shelf (UKCS).

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List: As we prepare hungrily for Pancake Day, what should tech companies give up for lent? IT & tech pros tell CBR what they think should be given up for 40 days and 40 nights. Pancake traditionalist with lemon and sugar, or more continental with a Nutella approach?