Strategic Alliances
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TOKYO, Feb 27- Japanese Prime Minister Shinzo Abe appears poised to raise the curtain on Act Three of his "Abenomics" drama with a decision to join talks on a U.S.-led free trade pact, seen by some as a test of his appetite for vital economic reform.
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NEW YORK, Feb 22- Canadian miner American Vanadium Corp took its first step toward becoming a renewable-energy company this week when it pledged with a European manufacturer to create a new power storage industry in North America.
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The day after PepsiCo bottling deal in Thailand expired, its partner of 59 years launched its own soft drink.
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NEW YORK, Feb 20- Sony Corp said it will launch its next-generation PlayStation this year, hoping its first video game console in seven years will give it a much-needed head start over the next version of Microsoft's Xbox and help revive its stumbling electronics business.
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BRUSSELS, Feb 20- Lufthansa, United Airlines and Air Canada are set to win approval from the European Union's competition regulator for their transatlantic tie-up with their offer to give up airport slots, a person familiar with the matter said on Wednesday.
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DETROIT, Feb 15- Fisker Automotive has received serious offers from at least three overseas automakers willing to invest in and partner with the cash-strapped U.S. hybrid maker, which hopes to finalize a deal within weeks, people familiar with the matter said.
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Feb 14- AMR Corp and US Airways Group on Thursday sealed an $11 billion merger, but before they can welcome their first passenger onboard they have to get regulators to sign off and then integrate a web of intricate systems.
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BOGOTA, Feb 7- Workers at Colombia's largest coal exporting company Cerrejon began a strike on Thursday, after the two sides failed to reach an agreement during last-minute talks on wages and benefits.
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BOSTON, Feb 6- Biogen Idec Inc's agreement to buy Elan Corp Plc's interest in the multiple sclerosis drug Tysabri gives Biogen full control of a product that is poised for further growth and ends a long partnership that has often been contentious.
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SAN FRANCISCO/ PARIS, Jan 30- STMicroelectronics posted a quarterly net loss and said it could need as much as $500 million to get out of its struggling mobile chip joint venture with Ericsson. STMicro and Ericsson formed ST-Ericsson in 2008 but the mobile chipmaker has failed to make a profit.
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MUMBAI, Jan 28- The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast as the rest of the world.
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WOLFSBURG, Germany, Jan 25- Volkswagen may build its first low-cost car in China, a company executive said, as the German group ponders a move into no-frills vehicles to compete with Renault's Dacia and Nissan's Datsun.
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*Toshiba favoured on news of GE thermal energy tie-up. Ibiden Co Ltd, which makes printed circuit boards for the iPhone, slid 5.7 percent, while Foster Electric Co Ltd, Taiyo Yuden Co Ltd and Sharp Corp, slipped between 1 percent and 2.5 percent.
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*Army project to lay groundwork for bigger Pentagon program. WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, said they were teaming up to develop a next-generation multi-role helicopter for the U.S. military.
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WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, have reached a strategic teaming agreement to develop a next-generation multi-role helicopter for the U.S. military, according to sources briefed on the matter.
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*GM sees product push driving Opel recovery. DETROIT, Jan 15- General Motors Co vowed to stick with a gradual approach to Opel restructuring despite mounting skepticism about its chances and signs of French pressure for a more transformative tie-up with PSA Peugeot Citroen.
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*To review tie-up with US Airways vs independence- sources. Jan 4- As American Airlines' board meets next week, expectations are high that it will give more concrete shape to the airline's plans to either merge with US Airways or stay independent.
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*To review tie-up with US Airways vs independence- sources. Jan 4- As American Airlines' board meets next week, expectations are high that it will give more concrete shape to the airline's plans to either merge with US Airways or stay independent.
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*POSCO, China Steel, ArcelorMittal long-term iron ore pact. *ArcelorMittal battles sluggish steel demand. SEOUL/ BRUSSELS, Jan 2- ArcelorMittal, the world's biggest steelmaker, will sell a 15 percent stake in one of its Canadian iron ore operations, raising $1.1 billion to help pay off debt at a time of sluggish demand.
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*POSCO, China Steel, ArcelorMittal long-term iron ore pact. SEOUL/ HONG KONG, Jan 2- ArcelorMittal, the world's biggest steelmaker, will sell a $1.1 billion stake in a Canadian iron ore mine operator to a consortium that includes South Korean steelmaker POSCO and Taiwan- listed China Steel Corp, China Steel said in a statement.