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Strategic Alliances

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  • WASHINGTON, May 26- The U.S. Air Force on Tuesday said it has certified privately held SpaceX to launch U.S. military and spy satellites, ending a monopoly held by United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, since its creation in 2006.. The decision follows two years of discussions and reviews by the U.S. Air Force and Space...

  • FRANKFURT, May 23- Carmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables. The move forms part of a broader push by Daimler, parent company of Mercedes-Benz, as well as rival German carmakers BMW and Audi to...

  • WASHINGTON, May 21- United Launch Alliance, a 50-50 joint venture of Lockheed Martin Corp and Boeing Co, on Thursday said it would go out of business unless it won commercial and civil satellite launch orders to offset an expected slump in U.S. military and spy launches. It will face competition for the first time when the Air Force expects to certify a rival,...

  • SAO PAULO, May 19- Whirlpool Corp and Anheuser-Busch InBev on Tuesday started selling a countertop appliance that makes soda, juice and coffee with single-serve capsules, marking the start of a joint venture worth more than $70 million. Last year, the Coca-Cola Co invested an initial $1.25 billion in Keurig Green Mountain Inc as part of a plan to sell its soft...

  • WASHINGTON, May 15- The U.S. Air Force on Friday said it is assessing what data rights it has to the Atlas 5 rocket built by United Launch Alliance after some companies expressed interest in swapping the rocket's Russian-built engine with a homegrown one. Assistant Air Force Secretary William LaPlante welcomed the initiative and said the government could also...

  • WASHINGTON, May 15- United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, on Friday said it was cutting its executive ranks by 30 percent in December through what it called voluntary departures by 12 executives. ULA, formed by the two largest U.S. weapons makers in 2006, has long been the sole company able to launch U.S. military and...

  • WASHINGTON, May 15- United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, on Friday said 12 executives would leave the company in December under a voluntary layoff, a 30- percent reduction in executive ranks. Tory Bruno, chief executive of the venture, told Reuters in an emailed statement the layoffs were part of ULA's ongoing efforts to...

  • CHICAGO, May 14- Genome pioneer J. Craig Venter's company has signed a broad collaboration agreement with the Cleveland Clinic to sequence and analyze de-identified blood samples from the health system's patients, the two parties said on Thursday. The deal is the latest in a string for Venter's La Jolla, California- based Human Longevity Inc, a start-up formed in...

  • HAVANA/ PARIS, May 12- French oil company Total on Tuesday denied it had signed an offshore exploration deal with Cuba during President Francois Hollande's visit there. "Total categorically denies it has signed an offshore exploration agreement with Cuba," a spokesman said. A source with knowledge of the matter said Total's marketing and services branch, which...

  • May 11- Dish Network Corp reported a 3.6 percent rise in quarterly revenue as it earned more per user in its core pay-TV business, making up for a fall in subscribers. Dish was involved in a three-week dispute with 21st Century Fox before signing a new distribution agreement on Jan. 15 that put Fox programming back on Dish's service. Net income attributable to Dish...

  • Air Force Secretary Deborah James last week said the Air Force expects to finalize the terms of the competition by the end of May, and could award contracts for prototypes of new U.S.-fueled launch vehicles as early as September. The current sole launch provider, United Launch Alliance, a joint venture run by Lockheed Martin Corp and Boeing Co, is working on a new...

  • BEIJING, April 28- China's Tencent Holdings Ltd launched on Tuesday an operating system for internet-connected devices such as TVs and watches that is open to all developers, taking on domestic rivals Alibaba Group Holding Ltd and Xiaomi Inc in the smart hardware space. This model mirrors Google Inc's Android mobile OS, and could help Tencent replicate the U.S....

  • UPDATE 2-Russia deepens energy cooperation with Argentina Thursday, 23 Apr 2015 | 10:56 AM ET

    MOSCOW, April 23- Russia and Argentina signed documents deepening energy cooperation on Thursday, underlining Moscow's drive to develop ties with South America since coming under Western sanctions over the Ukraine crisis. Russian state-owned gas producer Gazprom signed a memorandum on cooperation with Argentinian state oil company YPF, while Russia's...

  • April 23- A unit of AstraZeneca Plc has teamed up with Juno Therapeutics Inc to develop combination treatments that use the body's immune system to kill cancer cells. The partnership between AstraZeneca's research and development arm MedImmune and Juno is the latest collaboration between companies intent on developing a new class of drugs known as...

  • MOSCOW, April 23- Russia and Argentina signed several cooperation documents in the energy sector on Thursday, underlining Moscow's drive to deepen ties with countries in South America since coming under Western sanctions over the Ukraine crisis. Russian state-owned gas producer Gazprom signed a memorandum on cooperation with state oil company YPF, while...

  • April 21- Yahoo Inc and Microsoft Corp added a termination clause to the terms of their search partnership agreement under which either company can end the deal on or after Oct. 1, 2015, according to a regulatory filing by Yahoo on Monday.

  • *Xi says China- Pakistan security, economies linked. ISLAMABAD, April 20- China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and beyond. China's President Xi Jinping arrived in Pakistan to oversee the signing of...

  • *Xi says China- Pakistan security, economies linked. ISLAMABAD, April 20- China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and beyond. China's President Xi Jinping arrived in Pakistan to oversee the signing of...

  • April 20- Groupon Inc said it would sell a 46 percent stake in Ticket Monster, its South Korean e-commerce business, to a partnership formed by KKR and Hong Kong- based Anchor Equity Partners for $360 million.

  • SHANGHAI, April 20- Foreign automakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth. Market leaders Volkswagen AG and General Motors show no sign of letting up on their planned investments, while Toyota Motor and Ford Motor are also pursuing...