Japan's Monetary Policy a 'Big Experiment': BoE's Broadbent
Strategic Alliances
More
-
*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.
-
MILAN, Dec 21- U.S. conglomerate General Electric Co has agreed to buy the aviation business of Italy's Avio for $4.3 billion, in a sign of confidence about the country's underlying strength despite its deep recession.
-
*Peugeot aims to sign refinancing deal next month. Plans to pool replacements for larger models such as the Citroen C5 and GM's Opel Insignia were dropped after the companies failed to reach a "convincing business case", a Peugeot spokesman said. "The subject was clearly too conflictual between France and Germany," Societe Generale analyst Philippe Barrier said.
-
*Accord paves way for shale investments in Argentina. Dec 19- Argentine energy company YPF signed a partnership deal with U.S. oil major Chevron Corp on Wednesday that aims to pave the way for investment in the South American country's shale energy resources.
-
*China energy majors up on hopes for pricing reforms. HONG KONG, Dec 19- Hong Kong shares climbed to a near 17- month high on Wednesday as investors cheered signs that the U.S. can avert its "fiscal cliff" and welcomed Chinese news reports that Beijing planners want to give markets more freedom to determine energy prices.
-
*China energy majors up on hopes for pricing reforms. HONG KONG, Dec 19- Hong Kong shares climbed to a near 17- month high on Wednesday as investors cheered signs that the U.S. can avert its "fiscal cliff" and welcomed Chinese news reports that Beijing planners want to give markets more freedom to determine energy prices.
-
*Redbox Instant to start at $6, less than Netflix. Dec 12- Kiosk operator Redbox will launch an instant video streaming service that starts at $6 a month, providing another challenge to dominant movie rental company Netflix Inc in the battle for home entertainment dollars.
-
SHANGHAI, Dec 12- BYD Co Ltd, the Chinese carmaker backed by billionaire investor Warren Buffett, said on Wednesday that it would launch a joint venture in Bulgaria to produce electric buses, marking its first assembly plant overseas.
-
SHANGHAI, Dec 12- BYD Co Ltd, the Chinese carmaker backed by billionaire investor Warren Buffett, will launch a joint venture in Bulgaria to produce electric cars and buses, the official Xinhua news agency reported on Wednesday.
-
NEW DELHI/ MUMBAI, Dec 11- India's government said it was prepared to launch an inquiry into lobbying by Wal-Mart Stores Inc., buckling under an opposition campaign to discredit a flagship economic policy.
-
*Branson plans to keep control of Virgin Atlantic. LONDON, Dec 10- Delta Air Lines Inc is nearing an agreement to buy Singapore Airlines' 49 percent stake in Virgin Atlantic, and is expected to agree to a transatlantic joint venture with the British carrier, a source said.
-
*Whole Foods Market announces special cash dividend. *Whole Foods Market Inc announced a special cash dividend of $2.00 per share. *After a close relationship for several years, Facebook Inc and Zynga Inc revised terms of a partnership agreement between the companies; under the new pact, Zynga will have limited ability to promote its site on Facebook.