July 30- Barrick Gold Corp agreed on Thursday to sell 50 percent of its Zaldivar copper mine in Chile to copper miner Antofagasta Plc for $1 billion in cash, and both parties stressed that this was just the start of more cooperation. Both Barrick and Antofagasta said the deal was a launch pad for future co-operation, likely in Chile where Barrick owns large, unbuilt...» Read More
Speaking to CNBC at the CommunicAsia in Singapore, Sunita Kaur, MD for Asia Pacific at Spotify, says piracy is the biggest hurdle for the music-streaming service in Asia.
SHANGHAI/ HONG KONG, May 20- Russell Investment Management and China's Ping An Insurance Group said they have terminated their investment joint venture after four years, the latest sign of friction between foreign fund managers and their Chinese partners. "Going forward, Russell Investments and Ping An Group have mutually agreed to change the ownership...
SHANGHAI/ HONG KONG, May 19- After four years of partnership, Russell Investment Management and China's Ping An Insurance Group have terminated their investment joint venture, sources with direct knowledge of the situation told Reuters, the latest sign of friction between foreign fund managers and their Chinese partners. Under the agreement, Chinese...
FRANKFURT, April 23- German ATM maker Wincor Nixdorf will cut 12 percent of its workforce and spin off its cashless payments business as part of a restructuring announced on Thursday. Wincor had warned this month that it would miss its sales and operating profit guidance for the year, citing deteriorating business in Russia and China, sluggish recovery in...
Bill Shorten, opposition leader in Australia, says the free trade deal presents opportunities in sectors like services. He also discusses Australia's participation in the Asian Infrastructure Investment Bank.
Catherine Novelli, U.S. Under Secretary of State for Economic Growth, Energy and the Environment, says the U.S. supports the Asian Infrastructure Investment Bank's goal in infrastructure development.
Eswar Prasad, Senior Professor of Trade Policy at Cornell University, discusses the improvement in ties between U.S. President Obama and Indian Prime Minister Modi.
Jahangir Aziz, Head of EM Asia Economic Research at JP Morgan, says the breakthrough in long-stalled nuclear talks is a "big huge step forward" in getting U.S. technology into India.
Barack Obama and Narendra Modi unveiled plans of nuclear trade and to deepen defense ties, in hopes of a strategic partnership.
Thomas Pickering, Former U.S. Ambassador to India from 1992-1993, discusses the significance of U.S. President Obama's visit to India and the breakthrough in a stalled nuclear deal.
Marcus Lemonis of CNBC’s “The Profit” and a business consultant discuss how entrepreneurs can successfully form a business partnership to avoid trouble.
With the latest round of talks to wrap up the Trans-Pacific Partnership (TPP) underway in Singapore, Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce, discusses the factors behind the delay in sealing the pact.
Tech veterans Kara Swisher and Walt Mossberg of Revere Digital discuss the launch of "Re/code," a reincarnation of "All Things D." Re/code also signed a content agreement with NBC News group to partner on technology coverage.
Tami Overby, Vice President, Asia, US Chamber of Commerce explains why Japan's move to join the TPP negotiations is a win-win for both Washington and Tokyo.
As maritime piracy, or 'maritime mugging,' keeps evolving, shipping firms are not leaving anything to chance. CNBC's Sri Jegarajah reports from the International Maritime Defense Exhibition and Conference.