TORONTO, Nov 12- Barrick Gold Corp said on Thursday it will sell its stake in four non-core assets in Nevada for $720 million, putting the Canadian mining firmly on track to meet its 2015 debt-reduction target amid a multi-year slump in gold prices. The world's largest gold producer will sell its 50 percent interest in the Round Mountain mine and 100 percent of the...» Read More
Cisco Systems said it would form a joint-venture with Chinese server maker Inspur to sell networking and cloud computing products in China.
BEIJING, Sept 24- Cisco Systems Inc said Thursday it would form a joint-venture with Chinese server maker Inspur to sell networking and cloud computing products in China, where the Silicon Valley firm faces political pressure and declining sales. Cisco and Inspur said they would invest $100 million in the project, although they offered few other details.
CHICAGO, Sept 22- Invention start-up company Quirky Inc, backed by a string of venture capital funds, has filed for Chapter 11 relief and put its smart home platform Wink up for sale, court filings showed on Tuesday. Quirky raised $175 million in equity from investors including RRE Ventures, Northwest Venture Partners, Andreessen Horowitz and affiliates of...
SEATTLE, Sept 22- Boeing Co Chief Executive Dennis Muilenburg said on Tuesday he sees scope for additional 737 work going to China as the company continues to increase production rates of the single-aisle jetliner, though any changes would not come at the expense of U.S. jobs. "As we ramp up capabilities in China, including additional 737- related work, the actions...
Engineering firm Chiyoda has the credibility and financial clout to increase the competitiveness of Ezra's subsea services business, says Lionel Lee, CEO of Ezra Holdings.
Monsanto sweetened its offer to buy Syngenta, valuing the Swiss company at around $47 billion.
Muzhi Li, senior analyst at Arete Research, says the partnership with Suning Commerce Group shows that JD.com must have done something right and Alibaba is playing catch-up.
Dickie Wong, executive director at Kingston Securities, says the partnership with Alibaba will likely boost Suning Commerce Group's revenue for 2015.
Alan Haft, partner at Kelly-Haft Financial, outlines the benefits of the partnership between Chinese e-commerce giant Alibaba and Suning Commerce Group.
Under Armour and the NBA to announce an expanded partnership for youth program and the Draft Combine. - USA Today
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...
July 15- Kinder Morgan Inc said it would buy the 49 percent stake that it does not already own in natural gas joint venture Elba Liquefaction Co from Royal Dutch Shell Plc, and it raised its dividend. Kinder Morgan said it expects to invest $630 million in Elba terminals, bringing its total investment in the project near Savannah, Georgia to $2.1 billion.
FRANKFURT, June 30- The world's top banks and insurers are seeing their business models challenged by "fintech" start-ups, which are reshaping what consumers and businesses expect from financial services, industry insiders and experts say. A report out Tuesday from the World Economic Forum, the Swiss-based corporate think-tank which runs the Davos summit of...
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.
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.