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Strategic Alliances

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  • NEW YORK, June 16- J.C. Penney's pact with Martha Stewart Living Omnimedia to sell a line of home goods interfered with an exclusive deal between the celebrity's company and Macy's, a New York judge ruled on Monday. In his ruling, however, Justice Jeffrey Oing of New York state court limited the damages that Macy's could obtain.

  • EU to team up with South Korea in global 5G race Monday, 16 Jun 2014 | 11:34 AM ET

    BRUSSELS, June 16- The European Union is teaming up with South Korea to jointly research the next generation of mobile broadband technology, hoping the Asian country's expertise will help it catch up in a field crucial for economic growth and jobs.

  • *Airbus, Safran set to form jv in space launchers- sources. PARIS, June 15- Airbus Group and Safran are set to boost co-operation with a joint venture in space launchers, aiming to galvanize Europe's competitive response to U.S. low-cost rival SpaceX, people familiar with the matter said.

  • PARIS, June 15- Airbus Group and Safran look set to boost co-operation in the space launch industry with a joint venture, accelerating Europe's response to competition from U.S. low-cost rival SpaceX, people familiar with the matter said. Airbus Group and Safran declined comment.

  • PARIS, June 15- France is continuing to press for guarantees from contenders to buy energy assets from Alstom, as Siemens and Mitsubishi Heavy Industries consider a joint move to challenge a formal offer from General Electric.

  • PARIS, June 14- French drugmaker Sanofi said on Saturday it was teaming up with U.S. medical device maker Medtronic in diabetes. Under the terms of a memorandum of understanding, Sanofi and Medtronic will initially cooperate on developing drug-device combinations and offering care management services for diabetes patients.

  • *Italy strategic economic partner of Kazakhstan- president. BOROVOYE, Kazakhstan/ MILAN, June 12- Italy's Eni signed an agreement with Kazakhstan's state-owned KazMunaiGas on Thursday to look for oil and gas in the North Caspian Sea in a move that will grow the oil major's footprint in the resource-rich country.

  • June 3- The former co-head of Morgan Stanley's investment bank, Paul Taubman, who has been behind some of the biggest U.S. deals this year, is launching his own advisory boutique, the Financial Times reported.

  • NEW YORK, May 29- ICAP Energy and Gasteam America LP plan to announce on Thursday that they have formed a strategic business alliance to complement their respective liquified petroleum gas operations, according to a news release obtained by Reuters.

  • *Rosneft, Lukoil team up with BP, Total to explore for shale oil. ST PETERSBURG, Russia, May 24- Rosneft and BP signed an agreement on Saturday to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run Russian oil company since the West imposed sanctions over Ukraine in March.

  • ST PETERSBURG, Russia, May 24- Rosneft and BP signed an agreement on Saturday to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run Russian oil company since the West imposed sanctions on Moscow. Rosneft will hold 51 percent of the joint venture which will explore the Domanic formation, and BP will hold 49 percent.

  • LONDON, May 12- CME Group's European clearing house and the post-trade arm of Swiss exchange operator SIX Group have teamed up to create a platform to manage collateral used to back derivatives trades. Last week, the Depository Trust& Clearing Corporation and Euroclear announced a joint venture to simplify settlement of trades and ease access to collateral.

  • The original injunction, issued on Wednesday, stemmed from a lawsuit by rival Space Exploration Technologies, or SpaceX, in protest of the U.S. Air Force's award of a multibillion-dollar, non-compete contract for 36 core rocket boosters to Lockheed and Boeing's United Launch Alliance partnership.

  • DTCC and Euroclear plan collateral services tie-up Tuesday, 6 May 2014 | 1:43 PM ET

    LONDON, May 6- Financial markets post-trade services providers the Depository Trust& Clearing Corporation and Euroclear have proposed a joint venture that will simplify the settlement of trades and ease access to collateral, the two companies said on Tuesday.

  • The measure, proposed on Wednesday amid U.S. concerns over Russia's actions in Ukraine, authorizes Defense Secretary Chuck Hagel to spend $220 million to begin developing a liquid rocket engine that would be made available to all U.S. space launch providers.

  • Tata Motors executive Slym dies in fall from hotel Sunday, 26 Jan 2014 | 10:06 AM ET
    Karl Slym, managing director of Tata Motors Ltd.

    Karl Slym, managing director of India's Tata Motors, died on Sunday after falling from a high floor of a hotel in Bangkok, the company said.

  • Time Warner Cable, Viacom renew distribution deal Tuesday, 24 Dec 2013 | 10:35 AM ET

    Time Warner Cable said it had renewed its distribution agreement with Viacom, whose channels include MTV, Comedy Central and Nickelodeon.

  • Nasdaq to Set Up Trading Post for Private Firms Wednesday, 6 Mar 2013 | 7:43 AM ET

    Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.