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Strategic Alliances

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  • *Recently signed deals with Boeing and Alcoa. While industrial metals-producing peers struggle with rock-bottom prices, business is booming for VSMPO with the recent signing of potentially lucrative deals with U.S. firms Boeing Co and Alcoa.

  • Statoil sold its stake in the oil and gas development earlier this year to OMV of Austria. It is also a setback for Cameron International Inc and its newly formed OneSubsea joint venture with Schlumberger, which recently won a $540 million award from Chevron for equipment work at Rosebank.

  • *ThyssenKrupp says in exclusive talks to sell U.S. plant. *ThyssenKrupp pushes back results to Dec. 2 from Nov. 21. FRANKFURT, Nov 20- Germany's ThyssenKrupp is nearing a long-awaited sale of its U.S. steel plant and has reached an agreement to settle a cartel lawsuit, clearing the way for it to raise much-needed capital.

  • TOKYO, Nov 20- Carlos Ghosn, the CEO of Renault SA and Nissan Motor Co, said he was unfazed by delays in his electric vehicle sales targets, predicting rivals would face even greater obstacles in their plans to launch fuel cell car sales over the next few years.

  • QUITO, Nov 19- Ecuador's oil production should rise to 550,000 barrels per day by the end of this year, the oil minister said on Tuesday, up from an average of 504,000 bpd last year. Merizalde said in a statement that private energy companies working in Ecuador were on track to exceed an agreement made in 2010 to invest some $1.143 billion over three years.

  • BEIJING Nov 19- Daimler AG's agreement to buy a stake in Beijing Automotive Group's passenger car unit is part of a strategy to revive its operations in China, where the luxury car maker has fallen behind its German rivals and fallen out with its dealers.

  • MILAN, Nov 13- Italian airline Alitalia is likely to extend the deadline for subscribing to a capital increase at Wednesday's board meeting to give major shareholder Air France-KLM more time to sign up.

  • LONDON, Nov 12- Credit ratings organisations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies which they say no longer meet the needs of the new globalised world.

  • LONDON, Nov 12- Credit ratings organisations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies which they say no longer meet the needs of the new globalised world.

  • LONDON, Nov 12- Credit ratings organisations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies which they say no longer meet the needs of the new globalised world.

  • *RWE's DEA could be worth as much as 5 billion euros. DUBAI/ FRANKFURT, Nov 6- U.S. private equity firm KKR has teamed up with the international arm of Kuwait Petroleum Corp to jointly bid for German utility RWE's oil and gas unit DEA, four banking sources familiar with the matter said.

  • Japan's TSE launches new stock index to boost appeal Wednesday, 6 Nov 2013 | 3:56 AM ET

    TOKYO, Nov 6- The Tokyo Stock Exchange is launching a new index comprised of companies with high return on equity and strong corporate governance to appeal to investors, amid a strong rally in Japanese shares this year.

  • Nov 5- T-Mobile US Inc, the No. 4 U.S. mobile provider, on Tuesday reported subscriber growth that handily beat Wall Street expectations and raised its growth target for the full year, in a sign that its recent strategy changes are working.

  • BEIJING, Nov 1- China's newly minted rich can now get up close and personal to the movies after mega-screen maker IMAX Corp signed a deal to produce luxury home theatres in the company's second largest market.

  • *Zawiya port shut, no sign of El Sharara field restart. TRIPOLI/ LONDON, Oct 30- Libya plans to build two oil refineries in its underdeveloped east and south, Prime Minister Ali Zeidan said on Wednesday, seeking to address grievances and protests which have shut down much of the north African country's oil output.

  • Oct 30- Canadian patent licensing company Wi-Lan Inc said it was exploring strategic options, including selling itself. Options also being considered include changes to the company's dividend policy or other forms of return of capital to shareholders, buying or selling of assets, and joint ventures, Wi-Lan said in a statement.

  • KIGALI, Oct 28- Kenya, Uganda, South Sudan and Rwanda have launched a single customs territory to boost business among the partner states, agreeing to eliminate the remaining non-tariff barriers.

  • Recent independent moves by SAIC outside China had been seen by some industry insiders and experts as signalling the two companies might be drifting apart, but GM's top China executive said it was merely a consequence of its state-owned partner's growing maturity as an automaker.

  • Oct 23- Edward Andrews Homes, a single-family homebuilder and land developer, said it has teamed up with the real estate arm of Carlyle Group LP to build single-family homes, a sign of continuing private equity interest in the U.S. property market.

  • Oct 22- Corning Inc said it would buy out Samsung Display's stake in their LCD glass joint venture in a deal that could see the Samsung Electronics Co Ltd subsidiary take a 7.4 percent share in the Gorilla Glass maker.

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