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  • BRUSSELS, June 27- EU antitrust authorities will rule by Aug. 1 whether to allow Sony Corp buy out the Michael Jackson estate's stake in its music publishing joint venture, a move which rivals such as Warner Music Group say gives Sony too much power. Sony signed a deal in March to acquire the stake that the deceased pop star held in Sony/ATV Music Publishing, the...

  • CARACAS, June 23- Oil prices will likely rise by $10 per barrel this summer, Venezuela's oil minister said on Thursday, adding that the South American OPEC nation's output could increase as much as 200,000 barrels per day in the next six months. Del Pino said state oil company PDVSA has launched a broad effort that includes co-operation with joint ventures and new...

  • MINSK/ MUMBAI, June 23- The Republic of Belarus said it might cooperate with Uralkali, the first sign the two sides might work together since the Russian potash producer broke off an alliance in 2013 and triggered a drop in global prices. Potash Corp of Saskatchewan and Mosaic Co gained 6 percent in New York, while Germany's K&S AG added 5 percent in Frankfurt.

  • MINSK/ MUMBAI, June 23- Belarus is considering cooperating with Russian potash producer Uralkali, it said on Thursday, the first sign the two sides might work together again since Uralkali broke off a potash alliance in 2013, triggering a fall in global prices. We are not against it- let's unite, on our conditions, "Belarus President Alexander Lukashenko said at an...

  • PARIS, June 21- French carmaker PSA Group said on Tuesday it had finalized a production deal with state-owned Iran Khodro, preparing its return to the Middle East's biggest auto market. PSA and other western carmakers including Renault and Volkswagen have been pursuing Iran sales and manufacturing agreements since a breakthrough deal last July to curb...

  • WARSAW, June 20- Chinese and Polish leaders welcomed a freight train arriving in Warsaw from China on Monday in a ceremony marking a trade co-operation deal that they said showed the European country's importance as a gateway for Chinese exports. "We have agreed to upgrade the relations between China and Poland to a comprehensive strategic parrtnership," Xi...

  • MADRID/ FRANKFURT, June 17- Siemens and Spain's Gamesa agreed on Friday to combine assets to create the world's biggest builder of windfarms, with the German company paying 1 billion euros cash to Gamesa's shareholders to take a majority stake. Months in the making, the joint venture will overtake Denmark's Vestas to become the world's largest wind farm...

  • MADRID/ FRANKFURT, June 17- Siemens and Spain's Gamesa agreed on Friday to create the world's biggest builder of windfarms, with the German company paying 1 billion euros for a majority stake in the combined business. Months in the making, the venture would overtake Denmark's Vestas to become the world's largest wind farm manufacturer by market share, operating...

  • *Serbia seeks Chinese investment to spur growth. BELGRADE, June 17- Serbia and China are set to sign at least 20 trade and investment deals this weekend during a visit by President Xi Jinping, as the cash-strapped Balkan country seeks funds for infrastructure projects to spur growth. Serbia has enjoyed good relations with China since the 1990 s, when Belgrade was...

  • June 16- Privately held Remington Holding Co LLC said a unit will buy seed company Monsanto Co's U.S. sorghum production assets, and the two companies will form a joint venture, in transactions valued at about $169.5 million. Monsanto's global sorghum breeding business will be a part of the joint venture called Innovative Seed Solutions LLC, which will be...

  • Digital stories all 'show' biz

    Scott Dadich, Wired, and Carlton Cuse, writer discuss the future of storytelling on social media.

  • NEW YORK, June 14- Green Plains Inc said on Tuesday it plans to build and operate its first export-import fuels terminal in Beaumont, Texas, the latest in a string of expansion moves by the country's fourth-largest ethanol producer. The Omaha, Nebraska- based company has formed a joint venture with Jefferson Gulf Coast Energy Partners at Jefferson's existing...

  • GOMA, Democratic Republic of Congo, June 14- C hina's Sinohydro and China Railway Group will finance a $660 million hydroelectric plant in southeastern Democratic Republic of Congo which is being built to reduce the copper-mining region's power deficit. Sicomines is the mining side of a $6 billion minerals-for-infrastructure deal signed in 2007, under...

  • LONDON, June 13- China Three Gorges, which operates the world's largest hydropower plant on China's Yangtze river, will buy German offshore wind park Meerwind from U.S. buyout firm Blackstone, the companies said on Monday. The deal, signed during a visit by German Chancellor Angela Merkel to China, has German government approval despite growing controversy over...

  • RIO DE JANEIRO, June 9- Brazil's federal police accused on Thursday mining company Samarco, a joint venture between Vale SA and BHP Billiton, of willful misconduct in relation to a deadly dam burst last November, saying the company had ignored clear signs the dam was at risk of collapsing. Police said Samarco had skimmed on safety spending, focusing instead on...

  • CARACAS, June 7- Venezuelan President Nicolas Maduro announced on Tuesday the creation of a ministry devoted just to mining, as the OPEC nation pushes to develop untapped mineral resources to diversify away from the oil industry, which provides nearly all its foreign exchange. This year, Venezuela inked an agreement with Canadian mining company Gold Reserve...

  • SAO JOAO DA BARRA, Brazil, June 7- Chevron Corp plans to sign a five-year agreement to lease berthing space for its vessels from U.S. oil service company Edison Chouest Offshore, Chouest's head of Brazilian operations Ricardo Chagas said on Tuesday. Chouest's 950- million-real base is located at Prumo Logistica's Port of Acu, on the northeast coast of Rio de...

  • France, Italy, Japan, Spain and Russia are among the countries seeking to convince Cuba to sign contracts with their companies for projects to update the Communist-led nation's creaking infrastructure, in return for writing off debt. In December, Cuba struck a general accord with the Paris Club of wealthy nations to forgive $8.5 billion of $11.1 billion in...

  • *Modi, once unwelcome in Washington, to address lawmakers. NEW DELHI/ WASHINGTON, June 3- Two years ago there were questions over whether Indian Prime Minister Narendra Modi could get a visa to enter the United States. Next week he visits Washington as one of President Barack Obama's closest international partners.

  • BRASILIA/ RIO DE JANEIRO, June 2- Brazilian judge Sergio Moro suspended one of several lawsuits against executives of engineering conglomerate Grupo Odebrecht SA for 30 days, signaling potential plea bargain deals with prosecutors investigating a massive graft scheme. The company said in March that some executives would seek plea bargains with...