SEOUL, Nov 24- U.S. automotive parts maker Visteon Corp has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp to a local private equity firm for $3.6 billion, Korean media reports said. The Korea Economic Daily said on Monday Visteon plans to sign a final deal to sell its 69.99 percent stake in Halla Visteon...» Read More
ATLANTIC CITY, N.J., Sept 10- MGM Resorts International won regulatory permission on Wednesday to re-enter the Atlantic City casino market after a 20- month investigation focusing on the company's ties to Pansy Ho, the richest woman in Hong Kong, who New Jersey gaming regulators considered an unsuitable partner.
*New company to own, manage MTN's 9,151 towers in Nigeria. DUBAI, Sept 4- South Africa's MTN has agreed to form a joint venture with specialist tower company IHS that will own and operate MTN's 9,151 transmitter towers in Nigeria, IHS said on Thursday.
TEL AVIV, Sept 3- Israel is in advanced negotiations to supply natural gas from its vast Leviathan field to Arab peace partner Jordan under a 15- year, $15 billion agreement, the Israeli government, gas operators and industry officials said on Wednesday.
*Helaba, big savings banks, BNY Mellon form joint venture. FRANKFURT, Aug 27- Helaba, the German landesbank, has unveiled a joint venture with U.S. banking group BNY Mellon and the country's 25 largest savings banks to help corporate customers to expand foreign trade with Asia.
*Rokos suing Brevan Howard to overturn non-compete agreement. *Brevan Howard says Rokos seeks to avoid "responsibilities". Rokos's surname is represented by the letter R in Brevan Howard and he was marketed by the firm as a "star trader" who was paid $900 million during his stint at the hedge fund.
FRANKFURT/ SHANGHAI, Aug 25- Three German car parts suppliers have been told by China they can no longer manage their Chinese units independently but need to form partnerships with local peers, the chief executive of auto parts maker ElringKlinger told a German newspaper.
Goldman Sachs was one of the first to spot the potential in China for preferred shares, a form of hybrid security which listed companies can sell to raise capital with minimal dilution in the value of shares held by existing stakeholders.
HAVANA, Aug 21- Cuba has yet to attract new foreign investors despite launching two major initiatives in the past year, a sign of the lingering caution over doing business with the communist government and its own hesitancy to follow through on free-market-style reforms.
WASHINGTON, Aug 20- Two Russian-built rocket engines arrived in the United States on Wednesday aboard a giant Antonov cargo plane despite fears that tensions between the United States and Russia could disrupt the supply of engines needed to launch U.S. satellites into space.
*Novartis move adds to Big Pharma retreat from antibiotics R&D. ZURICH, Aug 20- Novartis has signed a licensing deal to hand over its experimental tuberculosis drugs to the Global Alliance for TB Drug Development, joining a growing Big Pharma retreat from antibiotics.
ISTANBUL, Aug 7- The future of Turkey's Bank Asya looked dim on Thursday after the authorities canceled its tax collection and social security payment deals- a sign according to observers the government may be a step closer to winding down the controversial lender.
Aug 6- Keurig Green Mountain Inc reported lower-than-expected quarterly revenue as sales of its one-cup coffee brewers fell ahead of the launch of a new machine later in the year. The company said it expected a profit of 68- 75 cents per share for the fourth quarter ending September.
SHANGHAI, July 30- Microsoft Corp will launch its Xbox One gaming console in China on September 23, making it the first foreign company to start selling consoles in the world's third biggest gaming market after a ban on the devices was lifted this year.
DETROIT, July 28- General Motors Co has pushed forward the launch of its next-generation full-size pickups by about nine months to fall 2018, hoping to narrow rival Ford Motor Co's still-sizable lead in meeting future U.S. fuel-economy standards, supplier sources said on Monday.
TURIN, Italy, July 23- Fiat Chrysler CEO Sergio Marchionne on Wednesday quashed speculation of a possible tie-up with Germany's Volkswagen, saying the idea had never been on the agenda. A German magazine earlier this month reported Volkswagen Chairman Ferdinand Piech had held talks with the owners of Fiat Chrysler about buying all or part of the group.
*U.S. sanctions on Russia include Rosneft, Exxon's partner. OSLO, July 21- An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for Exxon Mobil Corp..
*U.S. sanctions on Russia include Rosneft, Exxon's partner. OSLO, July 21- An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for ExxonMobil.
TOGLIATTI, Russia, July 16- To the pounding beat of house music and a triumphant trip down memory lane, the launch of Datsun's on-Do family sedan at Russia's largest automaker on Monday was hailed as a sure success.
FORTALEZA, Brazil, July 15- On the eve of the signing of a deal to launch a joint development bank, the BRICS nations have still not agreed on where the lender will be headquartered, a senior official involved in the talks told Reuters late on Monday. The five nations are Brazil, China, India, Russia and South Africa.
FARNBOROUGH, England, July 14- Engine maker GE expects $30 billion of orders for itself and joint venture CFM during the Farnborough Airshow and said it was the right decision that the A330neo plane launched by Airbus would be powered only by engines from rival Rolls-Royce.