SHANGHAI, July 7- French carmaker PSA Peugeot Citroen's Chinese joint venture with Dongfeng Motor Group Co Ltd raised its 2014 sales target by about 50,000 vehicles on Monday after a strong first-half sales performance.» Read More
MOSCOW, June 16- Russian's Lukoil and Gazprom will set up a joint venture by the end of this year to explore a part of the Barents Sea shelf, Lukoil CEO said on Monday. Lukoil, Russia's biggest non-state oil producer, will have a 34 percent share in the venture, Vagit Alekperov told reporters on the sidelines of an energy conference in Moscow.
PARIS, June 16- Airbus Group and Safran confirmed plans on Monday to combine work on space launchers, accelerating efforts to fend off a growing threat to Europe's Ariane space rocket from U.S. low-cost rival SpaceX. Airbus and Safran shares were both up around 0.4 percent, while the CAC40 index was down 0.2 percent.
PARIS, June 16- Airbus Group and Safran said on Monday they had agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems, to help to compete with new low-cost rivals.
PARIS, June 15- Airbus Group and Safran look set to boost co-operation in the space launch industry with a joint venture, accelerating Europe's response to competition from U.S. low-cost rival SpaceX, people familiar with the matter said. Airbus Group and Safran declined comment.
ST PETERSBURG, Russia, May 23- Russia's No.2 oil producer, Lukoil, and France's Total agreed on Friday to set up a joint venture to tap vast tight oil reserves in Siberia.
BEIJING, May 21- Sinopec Group said it is forming a joint venture oilfield services company with U.S.-listed Weatherford International, a move that may give the Chinese state energy firm the lead in tapping the nation's potentially vast shale resources.
REQUIRES CONAGRA, CARGILL, CHS FLOUR MILLERS TO DIVEST FOUR SIGNIFICANT MILLS BEFORE JOINT VENTURE CAN GO FORWARD.
April 30- Hewlett-Packard Co and Taiwanese contract electronics manufacturer Foxconn Technology Group launched a joint venture to make servers aimed at companies which provide cloud computing services. The new cloud-optimized servers will help service providers to cut costs, the companies said in a statement.
TOKYO/ NEW DELHI, April 25- Japanese telecoms giant NTT DoCoMo Inc said on Friday it was seeking to sell, likely at a deep discount, its stake in a loss-making Indian joint venture with diversified conglomerate Tata Group, bowing out of the world's second-biggest mobile phone market.
DAKAR/ LONDON, April 9- A Guinea government report recommended that BSG Resources and its joint venture partner, Brazilian mining giant Vale, be stripped of two iron ore concessions, saying BSGR obtained the rights by corruption.
DAKAR/ LONDON, April 9- A Guinea government report recommended that BSG Resources be stripped of two iron ore concessions, saying the company and a joint venture it owns with Brazilian mining giant Vale obtained the rights by corruption.
SAO PAULO, March 27- Brazilian sugar trader Copersucar and U.S. commodities company Cargill said on Thursday they would merge their sugar trading operations in a 50-50 joint venture to create a global juggernaut. Following are some facts about Copersucar:. *The 47 mills crush 120 million tonnes of cane a year, or a fifth of Brazil's main center-south cane crop.
American Express said four financial investors have committed a total of $900 million to a business travel joint venture.
NEW YORK, March 17- American Express Co said on Monday that four financial investors have committed a total of $900 million to a business travel joint venture, in what would be the largest single investment ever made in a travel management company.
PARIS, March 14- Nissan and Daimler have agreed on plans for a 50-50 Mexican joint venture designed to produce future vehicle models for their Infiniti and Mercedes-Benz brands, a person with knowledge of the matter said on Friday.
DETROIT, March 4- EcoMotors, a Michigan- based engine maker backed by Microsoft founder Bill Gates and venture capitalist Vinod Khosla, has formed a joint venture in China with a subsidiary of First Auto Works. FAW's manufacturing partners in China include Volkswagen AG, Toyota Motor Corp and General Motors Co.
MEXICO CITY, Feb 18- Mexico's state-owned oil giant Pemex is looking for joint venture partners to tap mature onshore and offshore oil deposits and aims to keep the lion's share, but not all, of its explored deepwater fields, Chief Executive Officer Emilio Lozoya said Tuesday.
BISHKEK, Feb 6- Kyrgyzstan's parliament on Thursday gave the government up to four months to finalize a draft deal with Canada's Centerra Gold on forming a 50-50 joint venture to run the country's Kumtor gold mine.
Stanley Crooke, Isis Pharmaceuticals chairman & CEO, discusses his company's strategic new partnership in the treatment of neurological disorders using antisense therapy.
Tokyo stocks fell today as overnight remarks by Fed's Bernanke that quantitative easing may slow down later this year triggered selling. However, GS Yuasa shares shot up by nearly 6% following news that it will team up with Bosch and Mitsubishi Corporation in developing and selling lithium-ion batteries for electric cars.