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Business Strategy Strategic Alliances

  • 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,...

  • Samuel Mebiame, a son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S. His plea came after Och-Ziff and its chief executive, Daniel Och, agreed in September to pay $412 million and $2.17 million, respectively, to resolve U.S. probes into the hedge fund's role in bribing officials in...

  • Samuel Mebiame, the 43- year-old son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S. His plea came after Och-Ziff and CEO Daniel Och in September agreed to pay $412 million and $2.17 million, respectively, to resolve U.S. probes into the hedge fund's role in bribing officials in...

  • Samuel Mebiame, the 43- year-old son of the late former Gabon Prime Minister Leon Mebiame, entered his plea in federal court in Brooklyn to conspiracy to violate the U.S.

  • The announcement that KKR-controlled Acceleratio Capital NV would offer 43.50 euros per share in cash for all outstanding GfK shares sent shares in the German company surging 30 percent. GfK Verein, GfK's majority shareholder with 56.46 percent, will keep its stake and has signed a shareholder agreement with Acceleratio Capital, outlining how they will...

  • NEW YORK, Dec 6- The chief executive of Philadelphia Energy Solutions, Phil Rinaldi, told employees in a memo on Tuesday that he plans to retire in March, raising questions about the future of the region's largest and oldest refinery. Rinaldi, 70, has been CEO of the privately held company since 2010, when The Carlyle Group and Sunoco formed a joint venture to buy...

  • NEW YORK, Dec 6- Philadelphia Energy Solutions Chief Executive Officer Phil Rinaldi plans to retire effective March 2017, according to a memo sent to employees on Tuesday and obtained by Reuters. Rinaldi has helmed the privately-held company since 2010, when The Carlyle Group and Sunoco formed a joint venture to buy the largest East Coast refinery, which was on...

  • MEXICO CITY, Dec 5- BHP Billiton on Monday won a historic bid to partner with Mexican state oil company Pemex in a joint venture to develop a potentially lucrative deep water field in the country's untapped Gulf waters. The local unit of BHP Billiton secured the rights to tie-up with Pemex on its Trion light oil field, less than 50 miles from the U.S.- Mexico...

  • MEXICO CITY, Dec 5- Australia's BHP Billiton on Monday won the contest to partner with Mexican state oil company Pemex in a joint venture to develop a deep water field in the country's untapped Gulf waters. A local unit of BHP Billiton won the rights to tie-up with Pemex on its light oil Trion field, less than 50 miles from the U.S.- Mexico maritime border.

  • ABUJA, Dec 3- Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other African countries to Europe, Nigeria's minister of foreign affairs said on Saturday. The agreement was reached during a visit by the Morocco's King Mohammed to the Nigerian capital Abuja, Geoffrey Onyema, the minister,...

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • MONACO, Dec 2- German sportswear giant Adidas has ended its sponsorship agreement with the International Association of Athletics Federations three years early, the company said on Friday. "Adidas and the IAAF have agreed to terminate their existing partnership agreement in mutual agreement at the end of 2016," Adidas said in a statement.

  • *First joint cut between OPEC and Russia since 2001. MOSCOW, Dec 2- Russia plans to use its November oil production, which was its highest in almost 30 years, as its baseline when it cuts output under this week's deal with OPEC, Deputy Energy Minister Kirill Molodtsov said on Friday. Under this week's follow-up agreement, the first between OPEC and Russia since 2001,...

  • *First joint cut between OPEC and Russia since 2001. MOSCOW, Dec 2- Russia plans to use its post-Soviet era record high November oil production as its baseline when it cuts output under this week's deal with OPEC, Deputy Energy Minister Kirill Molodtsov said on Friday. Under this week's follow-up agreement, the first between OPEC and Russia since 2001, specific...