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  • June 29- Celgene Corp and Juno Therapeutics Inc said they signed a deal to develop and commercialize immunotherapies for the treatment of cancer and autoimmune diseases. Juno will receive about $150 million upfront, and will sell 9.1 million shares of its common stock at $93 each to Celgene, the companies said on Monday. Shares of Juno were up 61 percent in...

  • June 29- Celgene Corp and Juno Therapeutics Inc said they signed a deal to develop and commercialize immunotherapies for the treatment of cancer and autoimmune diseases. Juno will receive about $150 million upfront, and will sell 9.1 million shares of its common stock at $93 each to Celgene, the companies said on Monday. Shares of Juno were up 61 percent in...

  • CAPE CANAVERAL, Fla.- An unmanned Space Exploration Technologies rocket exploded about two minutes after liftoff from Florida on Sunday, destroying a cargo ship bound for the International Space Station in the latest in a string of mishaps in supplying the orbiting outpost. Those included six cargo runs for NASA under a 15- flight contract worth more than $2...

  • The fund-raising attracted backing from Richard Branson's Virgin Group and Europe's Airbus Group, which will also build 900 "micro-satellites" designed to extend the reach of the Internet to remote corners of the world. The company, based in Britain's Channel Islands, plans over 65 launches including 39 from Virgin's spaceflight company, Virgin Galactic, and...

  • *Group of eight investors include Virgin, Airbus, Bharti. OneWeb, whose backers include Richard Branson's Virgin Group and Indian billionaire Sunil Mittal's Bharti Enterprises, said it would use the funds to acquire 65 commercial rockets to launch satellite-borne Internet services to extend the reach of mobile operators to customers in remote corners of...

  • Ford joins competitors in growing car-sharing field Tuesday, 23 Jun 2015 | 10:30 PM ET

    June 23- Ford Motor Co will test new car-sharing programs with U.S. and UK partners as part of a strategy to embrace alternatives to traditional car ownership, including more flexible on-demand models. Ford's finance arm is launching pilot car-sharing programs with Getaround in the United States and easyCar Club in London, Ford Chief Executive Officer Mark...

  • WATERLOO, Ontario, June 23- BlackBerry Ltd said on Tuesday its turnaround gained traction as sales at its crucial software segment rose in the first quarter and its broader revenue slide began to ease, sending its shares up 4.3 percent. Separately, BlackBerry announced a long-term patent cross-licensing agreement with Cisco Systems Inc that covers their...

  • TORONTO, June 19- Bombardier Inc got no orders for its new passenger jet, the CSeries, at this week's Paris airshow, another setback for a much-delayed program that comes just as signs of a slowdown in the commercial jet market start to grow. Even aside from the CSeries, Paris was not generous to Bombardier this year as it announced only one new firm order during the...

  • AIRSHOW-CFM signs $14 bln in new deals at air show Thursday, 18 Jun 2015 | 6:38 AM ET

    PARIS, June 18- Engine maker CFM International, a joint venture of General Electric and Safran, said it had signed orders, commitments and long-term service agreements worth $14 billion for a total of 835 engines at the Paris air show this week. "In just three days, we more than doubled our total orders for this year, with the CFM56 and LEAP product lines doing very well,"...

  • TOKYO, June 18- Japan's SoftBank Corp said on Thursday it is setting up a joint venture with Chinese online shopping giant Alibaba and electronics supplier Foxconn Technology to sell its human-like robot Pepper around the world. Foxconn already produces Pepper but a general sale, especially with the involvement of Alibaba, will require greater investment,...

  • *Hudson's Bay pledges to keep all Kaufhof staff. DUESSELDORF, Germany, June 15- Hudson's Bay Co is buying Germany's leading department store chain, Kaufhof, from Metro for 2.8 billion euros, giving the Saks owner a launch pad to expand into Europe. Hudson's Bay, whose shares rose as much as 13.4 percent, said it would sell at least 40 of Kaufhof's owned or partially...

  • *Hudson's Bay pledges to keep all Kaufhof staff. DUESSELDORF, Germany, June 15- Hudson's Bay Co is buying Germany's leading department store chain, Kaufhof, from Metro for 2.8 billion euros, giving the Saks owner a launch pad to expand into Europe. Hudson's Bay, whose shares rose as much as 13.4 percent, said it would sell at least 40 of Kaufhof's owned or partially...

  • AIRSHOW-ATR says wins $2 bln of deals at air show Monday, 15 Jun 2015 | 4:21 AM ET

    PARIS, June 15- Regional planemaker ATR, an Airbus and Finmeccanica joint venture, said on Monday it had won 46 firm orders and 35 options at the Paris air show, in deals worth a total of $1.98 billion. Japan Air Commuter, part of Japan Airlines, signed a firm order for eight ATR42-600s, plus one option and 14 purchase rights, valued at $496 million, the companies said.

  • PARIS, June 14- Lockheed Martin Corp issued a warning on Sunday over prospects for its rocket launch joint venture with Boeing Co, saying it urgently needed the United States to waive a law banning the use of Russian engines to launch military and spy satellites. The U.S. Air Force last month certified privately held Space Exploration Technologies, or SpaceX, to...

  • PARIS, June 14- Lockheed Martin Corp issued a warning on Sunday over the viability of its rocket launch joint venture with Boeing Co, saying the venture urgently needed the United States to waive a law banning the use of Russian engines to launch military and spy satellites. Rick Ambrose, who heads Lockheed's space business, told Reuters in an interview that...

  • June 11- Oil and natural gas producer Hess Corp said it would sell half of its Bakken midstream assets to private equity firm Global Infrastructure Partners for $2.68 billion to form a master limited partnership. Hess, which will retain control of the midstream assets' operations, expects the MLP's net income of $145 million to $155 million for the year ending...

  • June 11- Oil and natural gas producer Hess Corp said it will sell half of its Bakken midstream assets to Global Infrastructure Partners for $2.68 billion. The joint venture, valued at $5.35 billion, plans to file for an initial public offering, upon closing of the transaction, Hess said on Thursday. Hess said in July it plans to form a publicly traded master limited...

  • SIDI RACHED, Algeria, June 8- At Ahmed Bekhi's cereal farm outside Algiers, there are clear signs of Algeria's campaign to increase food production to help curb billions of dollars in imports and offset a sharp fall in world oil prices. OPEC member Algeria is still highly dependent on energy revenues that supply 95 percent of its exports and 60 percent of the state...

  • June 8- Sears Holdings Corp reported a smaller first-quarter loss as its Kmart chain and Sears department stores discounted less and said it plans to raise $2.6 billion from the spinoff of 235 stores into a real estate investment trust. This, along with the three joint venture deals Sears signed in April with mall operators to sell and lease back other stores,...

  • Those investments, slated to last 12 to 18 months, will pave the way for later service contracts for the launch of key military and spy satellites, the Air Force said. The Air Force is scrambling to meet a congressional deadline for ending use of Russian-built RD-180 engines to U.S. launch military or intelligence satellites by 2019, a ban implemented after...