Business Strategy Strategic Alliances

More

  • Dec 7- Tonix Pharmaceuticals Holding Corp said it was teaming up with the U.S. Department of Defense to further develop its experimental PTSD drug, which if approved, could be the first treatment for the psychiatric disorder in more than 15 years. The Cooperative Research and Development Agreement with the Department of Defense will allow Tonix to gain access...

  • BRUSSELS/ BERLIN, Dec 7- The European Commission is seeking a new European-wide air traffic agreement with Gulf states as a way of boosting European airlines against what some of them have termed unfair subsidies enjoyed by Middle East- based rivals. The EU executive, in a package of proposals unveiled on Monday to boost the competitiveness of Europe's aviation...

  • PARIS, Dec 4- French sugar group Tereos said on Friday it was launching a tender offer for the remaining shares of its Tereos Internacional unit, with a view to delisting it from the Sao Paulo Stock Exchange during the second quarter of 2016.. Tereos is offering 65 reais per Tereos Internacional share, a valuation which is subject to review by an independent...

  • CAPE CANAVERAL, Fla., Dec 3- Rain and cloudy skies delayed Orbital ATK's planned resumption on Thursday of cargo runs to the International Space Station, a year after the company's Antares rocket exploded during launch. An Orbital Cygnus spacecraft, perched atop an Atlas 5 rocket from United Launch Alliance- a Lockheed Martin Corp and Boeing Co joint venture- had...

  • CAPE CANAVERAL, Fla., Dec 3- A year after its Antares rocket exploded during launch, Orbital ATK is poised to resume cargo runs to the International Space Station, this time using a hired ride from United Launch Alliance, a Lockheed Martin Corp and Boeing Co joint venture. Liftoff of the ULA Atlas 5 rocket is slated for 5:55 p.m. EST on Thursday from Cape Canaveral Air...

  • DUBLIN, Dec 3- The' bad bank' set up six years ago to mop up toxic assets in Ireland's financial system is on track to generate possible profits of over 2 billion euros, its chairman said on Thursday, in a sign of the economy's dramatic turnaround. The National Asset Management Agency was established in 2009 to rid local banks of risky loans made before a property...

  • WASHINGTON, Nov 24- The United States could struggle to promote competition in its space launch program while also maintaining two independent ways to launch satellites and ending U.S. reliance on Russian rocket engines, a top U.S. Air Force official said on Tuesday. His comments came after United Launch Alliance, a joint venture of Lockheed Martin Corp and...

  • WASHINGTON, Nov 24- The United States could struggle to promote competition in its space launch program while also maintaining two independent ways to launch satellites and ending U.S. reliance on Russian rocket engines, a top U.S. Air Force official said on Tuesday. LaPlante and other Air Force officials have urged Congress to allow ULA to use additional...

  • CAPE CANAVERAL, Fla., Nov 24- Amazon founder Jeff Bezos' space transportation company, Blue Origin, successfully landed a suborbital rocket back at its launch site, a key step in its drive to make reusable rockets, the company said on Tuesday. The New Shepard rocket, which is designed to carry six passengers, blasted off from a launch site in West Texas at 12:21 p.m. CST...

  • "All the signs are positive. reaffirms the vision that Brazil is a strategic partner, he backs the position that Mercosur be more open to other international networks," Trade Minister Armando Monteiro told Reuters while on an official trip to Chile's capital Santiago. Mercosur is a customs union comprising Brazil, Argentina, Uruguay, Paraguay and Venezuela.

  • CAPE CANAVERAL, Fla., Nov 19- United Launch Alliance, a joint venture of Lockheed Martin and Boeing, said Thursday it will jump into the booming market for miniature satellites known as CubeSats, officials said. Companies developing small satellite networks include Google's SkyBox Imaging, BlackSky Global, which is backed by Paul Allen's Vulcan Capital, Planet...

  • SAN FRANCISCO, Nov 19- The majority of deals signed by the California Public Employees' Retirement System with private equity firms allow the firms to reduce their tax bills by treating ordinary management fees as capital gains, an issue that is drawing increasing regulatory scrutiny. In September, a group of Senators, including Massachusetts Democrat...

  • SAN FRANCISCO, Nov 19- The majority of deals signed by the California Public Employees' Retirement System with private equity firms allow the firms to reduce their tax bills by treating ordinary management fees as capital gains, an issue that is drawing increasing regulatory scrutiny. In September, a group of Senators, including Massachusetts Democrat...

  • MANILA, Nov 18- A landmark U.S.-backed Pacific trade deal will give a boost to an already booming e-commerce industry in the region, executives at global delivery firms FedEx Corp and Deutsche Post DHL Group told Reuters. The Trans-Pacific Partnership agreement, which seeks to liberalize commerce across 12 Pacific Rim nations accounting for 40 percent of the...

  • Nov 16- Constellation Brands Inc said it will buy Sculpin IPA-owner Ballast Point Brewing& Spirits for about $1 billion to enter the fast-growing craft beer market, in what will be its biggest acquisition since 2012.. Constellation does not expect the Anheuser-Busch InBev-SABMiller Plc colossus to hurt its market of high-margin Mexican brews such as Corona...

  • UPDATE 3-Macy's says no to REIT, cuts full-year forecast Wednesday, 11 Nov 2015 | 11:04 AM ET

    Nov 11- Department store operator Macy's Inc cut its full-year sales and profit forecasts on Wednesday and said it would not follow an activist investor's suggestion to form a real estate investment trust, sending its shares down nearly 13 percent. Starboard Value had urged Macy's in July to consider spinning off its real estate assets, valuing them at about...

  • Nov 11- Macy's Inc reported lower-than-expected quarterly net sales as customers cut back on expenditure and a strong dollar discouraged tourists from spending at its stores. Net income attributable to shareholders fell 45.6 percent to $118 million, or 36 cents per share, in the quarter ended Oct. 31, partly due to an impairment charge of $111 million related to...

  • *Sees savings of $1.4 bln from SABMiller takeover. BRUSSELS/ LONDON, Nov 11- Anheuser-Busch InBev, the world's biggest brewer, launched its $100 billion- plus offer for nearest rival SABMiller on Wednesday and agreed to sell the latter's stake in U.S. venture MillerCoors to help win regulatory approval. AB InBev has also reached an agreement to sell SABMiller's 58...

  • *First time for China to approve British barley imports. SHANGHAI, Nov 11- Britain has signed an up to 100 million pounds deal to export barley to China over the next five years, tapping into a fast-growing market for premium beer, a British minister said. China, home to a 486 billion yuan beer market that is the world's largest by volume, currently buys about 8 million...

  • BEIJING, Nov 10- China will not impose tough licensing restrictions on overseas bank card providers seeking to enter the country's $7 trillion card payment market, a senior central bank official said on Tuesday. Foreign card companies, including Visa Inc and MasterCard Inc, have been lobbying for more than a decade for direct access to China's fast-growing...