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Strategic Alliances

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  • ISTANBUL, Oct 5- Selling everything from their sofas to their wedding rings, Bank Asya clients are battling to shore up the Turkish lender against what they say is a government-orchestrated bid to scuttle it. Social networking sites in Turkey are plastered in notices from customers trying to raise funds in the form of deposits for the bank.

  • ISTANBUL, Oct 5- Selling everything from their sofas to their wedding rings, Bank Asya clients are battling to shore up the Turkish lender against what they say is a government-orchestrated bid to scuttle it. Social networking sites in Turkey are plastered in notices from customers trying to raise funds in the form of deposits for the bank.

  • SAN FRANCISCO, Oct 3- Microsoft Corp is demanding $6.9 million interest from Samsung Electronics in a dispute over smartphone patent royalties, according to a lawsuit unsealed by a New York federal court on Friday. Microsoft is asking the court to rule that it did not breach a business collaboration agreement with Samsung, and that Samsung must pay interest on...

  • Oct 2- United Technologies Corp's Pratt& Whitney unit on Thursday named a new head of its commercial engines division in the midst of a crucial launch of a commercial jet engine. He replaces David Brantner, who was named to the commercial engine leadership post in June 2013. The engine is offered on Airbus' A320neo narrow-body plane, which had its maiden flight last...

  • TOKYO/ NEW YORK, Oct 2- Japan's SoftBank Corp said on Thursday it is taking a minority stake in privately-held Legendary Entertainment for $250 million and will form a joint venture with the Hollywood movie studio. Investing in Legendary would give SoftBank access to Hollywood films and television shows and would also broaden the reach of the Japanese company...

  • *Says China joint ventures planning to invest $14 billion from 2014 to 2018 to open five new assembly plants. *Says to launch 60 new or refreshed vehicles in china, including 9 new suvs, from 2014 to 2018. *Says expects China joint ventures to maintain net income margins in 9 to 10 percent range.

  • NEW YORK, Oct 1- PepsiCo Inc for the first time is introducing a product exclusively through Amazon.com Inc as the snack and soft drink maker aims to expand its footprint in e-commerce. The product, a naturally sweetened soda called Pepsi True, will be available on Amazon in mid-October in 24- packs of 7.5- ounce cans, the company said.

  • SINGAPORE, Sept 24- Singapore's Pavilion Energy said it had signed two long-term contracts to buy liquefied natural gas for trading and supply to Asia, adding to a previous contract as the state-owned firm seeks to become a global supplier.

  • Wal-Bank? Wal-Mart to offer checking accounts Wednesday, 24 Sep 2014 | 6:48 AM ET
    A Walmart employee facilitating a transaction for a Walmart money services customer in Massachusetts in June 2014.

    Wal-Mart is teaming up with Green Dot to supply checking accounts to almost anyone over 18 who passes an ID check. The NYT reports.

  • MEXICO CITY, Sept 23- Spain's Telefonica is considering a range of tie-up options in Mexico with broadcaster Grupo Televisa, including creating a new telecommunications company together, a person with knowledge of the matter said.

  • MOSCOW, Sept 22- Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters. Russia had been expected to overtake Germany as Europe's biggest auto market earlier this decade, but its progress has been delayed.

  • MOSCOW, Sept 22- Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters. Russia had been expected to overtake Germany as Europe's biggest auto market earlier this decade, but its progress has been delayed.

  • MOSCOW, Sept 22- Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters. Russia had been expected to overtake Germany as Europe's biggest auto market earlier this decade, but its progress has been delayed.

  • SHANGHAI, Sept 22- Volkswagen AG will launch a VW-badged luxury sedan designed solely for China next year in its pursuit of higher margins, said two people with knowledge of the plan, in a move that could put it in direct competition with its premium brand Audi.

  • Microsoft delays launch of Xbox One in China Sunday, 21 Sep 2014 | 10:50 AM ET
    Xbox and PlayStation signage on display at the 2014 E3 Electronic Entertainment Expo.

    Microsoft has delayed the launch of its Xbox One game console in China. The company said it would be released by the end of the year.

  • BEIJING, Sept 21- Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world's biggest software company said it would be released by the end of the year.

  • WASHINGTON, Sept 17- United Launch Alliance, a Boeing Co and Lockheed Martin Corp joint venture, said on Wednesday it would invest heavily in a new rocket engine being developed by Amazon.com Inc founder Jeff Bezos and his company Blue Origin.

  • WASHINGTON, Sept 17- United Launch Alliance, a joint venture of Boeing Co and Lockheed Martin Corp, said on Wednesday it would invest heavily in a new rocket engine being developed by Amazon.com Inc founder Jeff Bezos and his company Blue Origin.

  • *The pipelines key for boosting Russian oil exports to Asia. MOSCOW, Sept 16- Western sanctions on Russia over Ukraine are likely to delay the launch of new oil pipelines in Siberia, Russian oil pipeline monopoly Transneft said on Tuesday, potentially derailing plans to boost oil exports to Asia in coming years.

  • UK says to sign nearly $4 bln in trade deals with China Thursday, 11 Sep 2014 | 7:01 PM ET

    LONDON, Sept 12- Britain said on Friday that it was about to sign commercial deals with China worth more than 2.4 billion pounds, as finance minister George Osborne prepared to meet China's Vice Premier Ma Kai in London.