Small Business Partnership

  • *Philip Morris, BAT also have agreements in China. The joint venture, Global Horizon Ventures Limited, will be based in Hong Kong and link Imperial with CNTC subsidiary Yunnan Tobacco, which controls over one-fifth of the Chinese market. Imperial said the joint venture will expand Imperial's West and Davidoff brands in China, and Yunnan's Jade and Horizon brands...

  • NEW DELHI, Dec 19- Steel Authority of India Ltd is in talks with Japan's Nippon Steel& Sumitomo Metal Corp and Kobe Steel Ltd for potential technical agreements to help the firm expand its global footprint, SAIL's chairman told Reuters. India's biggest state-owned steel producer has already held an initial round of talks with Japan's top steelmakers, Singh said,...

  • MILAN, Dec 12- Italian energy company Eni has agreed to sell a 30 percent stake in a giant Egyptian offshore gas field to Russia's Rosneft for $1.575 billion, pressing ahead with asset sales to fund investment amid weak oil prices. Eni, which currently owns 90 percent of the Shorouk concession containing the giant Zohr gas field, said Rosneft would pay $1.125...

  • Bryce Harper #34 of the Washington Nationals wears Under Armour shoes during the game against the Miami Marlins at Nationals Park on October 2, 2016 in Washington, DC.

    The new deal between Under Armour and Major League Baseball will provide exciting opportunities at home and abroad, Kevin Plank says.

  • Dec 2- Struggling retailer Sears Holdings Corp said Chief Executive Eddie Lampert proposed to buy a bigger stake in Sears Hometown and Outlet Stores Inc, if Sears Hometown entered into a partnership related to certain brands and its home services unit. Sears Holdings has lost more than $8 billion over the last five years and posted a quarterly profit just once...

  • MUMBAI, Nov 28- Tata Steel UK, the British arm of India's Tata Steel, will hold exclusive talks with trading firm Liberty House to sell its speciality steel business as its parent seeks to offload loss-making assets and restructure European operations. Tata Steel, India's biggest steelmaker by overall capacity, has been trying to restructure its UK business,...

  • Oct 28- The court-appointed trustee liquidating Bernard Madoff's firm said on Friday he has reached a settlement with the family of late Beverly Hills money manager Stanley Chais that will provide more than $277 million to victims of Madoff's Ponzi scheme. Picard also said a $15 million restitution fund supervised by the office of California Attorney...

  • *Third quarter EPS ex-items $0.13 vs. Oct 27- Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations, lifting shares that had fallen after a failed effort to sell the company. Its stock was up 1.6 percent to $17.56, after rallying 5 percent in premarket...

  • *Third quarter EPS ex-items $0.13 vs. Oct 27- Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations, lifting shares that had fallen after a failed effort to sell the company. Revenue rose about 8 percent to $616 million, above the average analyst...

  • *Third quarter EPS ex-items $0.13 vs. Oct 27- Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down even as quarterly results beat Wall Street expectations, lifting shares that had fallen in recent weeks after a failed effort to sell the company. Revenue rose about 8 percent to $616 million, above the average analyst estimate of...

  • *Third quarter EPS ex-items $0.13 vs. Oct 27- Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down as the microblogging service reported quarterly results that beat Wall Street expectations, lifting shares. Revenue rose about 8 percent to $616 million, above the average analyst estimate of $605.8 million.

  • *Third quarter EPS ex-items $0.13 vs. Oct 27- Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down as the microblogging service reported quarterly results that beat Wall Street expectations, lifting shares. Revenue rose about 8 percent to $616 million, above the average analyst estimate of $605.8 million.

  • Sept 28- Apple Inc and Deloitte LLP announced a partnership on Wednesday in which the consultant will open a new practice to help corporate clients work with Apple products, the tech firm's latest attempt to boost enterprise sales as its key product, the iPhone, shows signs of maturation. The deal with Deloitte will ensure that Apple is top of mind as companies...

  • Sept 28- Apple Inc and Deloitte LLP announced a partnership on Wednesday in which the consultant will open a new practice to help corporate clients work with Apple products, the tech firm's latest attempt to boost enterprise sales as its key product, the iPhone, shows signs of maturation. More than 5,000 Deloitte advisers will be included in the Apple initiative,...

  • RIO DE JANEIRO, Sept 23- Brazil's state-owned oil producer Petrobras agreed to sell 90 percent of a natural gas pipeline unit to a group led by Canada's Brookfield Asset Management Inc for $5.2 billion, the companies said on Friday. The investor group includes two sovereign wealth funds, China's CIC Capital Corp and Singapore's GIC Private Ltd..

  • Sept 23- Brazil's state-run oil company Petroleo Brasileiro SA agreed to sell 90 percent of its natural gas pipeline unit for $5.2 billion to a group of investors led by Canada's Brookfield Asset Management Inc, the companies said on Friday. The consortium includes sovereign wealth funds CIC Capital Corp of China and GIC Private Ltd. of Singapore.

  • Salesforce and Cisco team up on cloud communication

    The two companies will collaborate to make it easier for businesses to start conversations with their customers.

  • Governments seek partnershps with telecoms firms

    David McCourt, founder and chairman at Granahan McCourt Capital, discusses opportunities for telecoms companies in the developing world.

  • REDWOOD CITY, Calif., Sept 15- Carbon, a Silicon Valley startup that is developing 3 D printers to produce medical devices and car parts on demand, said on Thursday it had closed on $81 million in funding that brought the total it has raised to $222 million. Founded in 2013, Carbon said the funding round was led by automaker BMW Group, industrial conglomerate General...

  • Sept 14- A small number of U.S.-based startups are harvesting data about the hundreds of millions people who illegally stream movies, TV shows and music in a bid to create a new advertising market. The biggest of these startups, Tru Optik, signed a deal earlier this year to share its data with New York media agency Mindshare, a division of GroupM, which is owned by WPP,...