Strategic Alliances
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April 29- Iridium Communications Inc:. *Joint venture, aireon, signs long-term data services contract with NAV Canada. *Says aireon will provide space-based air traffic monitoring services as new.
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Meritor made claims on heavy truck transmissions. Meritor, a joint venture of Meritor Inc, indirect subsidiary Meritor Transmission Corp and Z.F. Friedrichshafen AG, had said Eaton violated antitrust laws by giving loyalty discounts in the form of rebates to truck makers who bought more than a certain percentage of parts from Eaton.
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*No gas agreements announced during the Russia- Japan summit. MOSCOW, April 29- Russia and Japan failed to clinch any major agreement on energy during Prime Minister Shinzo Abe's visit to Moscow, falling short of hopes for cooperation to help meet the needs of the world's largest LNG importer.
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*Says forms strategic alliance with Alibaba to enable social Commerce. *Alibaba has invested $586 million to purchase preferred and ordinary shares. *Alibaba has invested $586 million to purchase preferred and ordinary shares.
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*&Co., Inc. and Pfizer enter worldwide collaboration agreement to develop and. commercialize ertugliflozin, an investigational medicine for type 2 diabetes. *Says Pfizer has received an upfront payment and milestones of $60 million.
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LONDON, April 29- Legal& General Group PLC:.
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LONDON, April 29- ViaLogy PLC:.
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Yakult and Danone, the Japanese company's biggest shareholder, said they were replacing their strategic alliance with a looser cooperation framework. Scrapping the alliance removes any bar on Danone, the world's largest yoghurt maker by sales, from launching a hostile bid for Yakult, which makes fermented-milk drinks. Danone owns 20 percent of Yakult.
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DETROIT, April 25- Detroit Electric, the Michigan- based startup electric-car maker, said Thursday it will partner with China's Geely Automobile to develop electric cars for the Chinese market.
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WASHINGTON, April 24- President Barack Obama's administration on Wednesday notified Congress it will start free-trade talks with Japan, bringing the world's third-largest economy into U.S.-led negotiations on a regional free-trade pact.
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SAN FRANCISCO/ PARIS, April 23- European chipmaker STMicroelectronics said signs of market recovery and new products, such as motion sensor chips for video games consoles, should drive a pick up in sales in the second half of this year.
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MALELANE, South Africa, April 19- Reclaiming land seized during white minority rule was a dream come true for black families in the South African farming town of Malelane.
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SHANGHAI, April 19- When Nissan Motor Co Ltd was preparing to launch the Venucia marque with its China venture partner two years ago, it sourced more components locally to keep costs down- and was sent mislabelled parts and sun visors that melted in the heat.
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SANTIAGO, April 8- Chile could boost copper exploration by encouraging state-owned giant Codelco, the world's biggest producer of the metal, to partner with private mining companies, industry executives said on Monday.
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WASHINGTON, April 5- Anheuser-Busch InBev and the U.S. Justice Department said on Friday that they have reached an agreement for a framework to settle their long-running beer brawl, and asked a court to extend a stay in their court fight until April 23.
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CARACAS, April 3- Venezuela's acting President Nicolas Maduro and opposition leader Henrique Capriles square off in an April 14 vote to succeed late leader Hugo Chavez. *Maduro entered politics in 2000 as a legislator in the National Assembly, where his combative defense of Chavez's policies made him one of the president's proteges.
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April 1- American Airlines and online travel agency Orbitz Worldwide Inc, which have been locked in a years-long dispute over travel distribution costs and methods, on Monday said they have reached an agreement resolving the litigation between them.
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NEW YORK, March 27- Swedish automaker Volvo Car will introduce its first all-new vehicle as a unit of China's Zhejiang Geely Holding Group Co Ltd in late 2014, Volvo Chief Executive Hakan Samuelsson said on Wednesday.
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HONG KONG, March 26- Hutchison Whampoa Ltd, a ports-to-telecoms empire owned by Asia's richest man Li Ka- shing, said on Tuesday it saw signs of recovery in major economies and the group's operating divisions would continue to invest and expand.
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HONG KONG, March 25- Hong Kong shares could start the week higher on Monday, with Chinese retailers in focus as sector bellwethers such as Belle, GOME and Li Ning post their 2012 results.