Business Strategy Strategic Alliances

  • DETROIT, Oct 27- Ford Motor Co reported a more than 50 percent drop in third-quarter net income on Thursday, saying its North American business suffered from lower sales, higher recall costs and a complicated introduction of a new pickup truck. Net income dropped to $961 million, or 24 cents a share, from $2.2 billion, or 55 cents a share, a year earlier.

  • DETROIT, Oct 27- Ford Motor Co reported a more than 50 percent drop in third-quarter net income on Thursday, saying its North American business suffered from lower sales, higher recall costs and a complicated introduction of a new pickup truck. Net income dropped to $961 million, or 24 cents a share, from $2.2 billion, or 55 cents a share, a year earlier.

  • SAO PAULO, Oct 24- Brazil's No. 1 college operator Kroton Educacional SA has teamed up with an unidentified domestic lender to broaden financing alternatives other than state-backed loans, a sign it is preparing for a potential economic recovery by attracting more students. The joint venture, which aims to offer financing instruments for students other than...

  • RIO DE JANEIRO, Oct 24- The chief executives of Brazil's Petroleo Brasileiro SA and France's Total SA said on Monday they plan to team up in new exploration, distribution and power projects in Brazil and abroad. A strategic alliance signed in Rio by CEOs Pedro Parente and Patrick Pouyanné will focus initially on potential natural gas and electric energy...

  • SAO PAULO, Oct 24- Kroton Educacional SA has teamed up with an unidentified domestic lender to broaden financing alternatives other than state-backed loans, a sign Brazil's No. 1 college operator is gearing up for a potential economic recovery by attracting more students. The joint venture, which aims to offer financing instruments for students other than a...

  • China's Le Holdings Co Ltd, also known as LeEco, planned to unveil its self-driving car prototype as part of a splashy U.S. launch for an array of technology products and services, including phones, televisions and entertainment production. The choice of the San Francisco venue, in the backyard of luxury electric car maker Tesla and Alphabet Inc's Google...

  • William Cohen, former U.S. secretary of defense

    The United States must remain "deeply engaged" in global affairs, former Defense Secretary William Cohen tells CNBC.

  • *Car on sale in China next year, Europe, US from 2018. The Lynk, made in China, will go on sale at home in 2017, followed by Europe and the United States in 2018, and marks one of the first attempts by a Chinese carmaker to create a global brand that makes use European design and technology know-how. Long seen as a cheap, no frills brand in China and unheard of in Europe,...

  • China's Le Holdings Co Ltd, also known as LeEco, planned to unveil its self-driving car prototype as part of a splashy U.S. launch for an array of technology products and services, including phones, televisions and entertainment production. The choice of the San Francisco venue, in the backyard of luxury electric car maker Tesla and Alphabet Inc's Google...

  • BEIJING, Oct 19- Volkswagen will launch a top-end sedan in China on Friday that will compete directly with sister brand Audi and is aimed at buyers looking for luxurious yet less-flashy cars amid a nationwide crackdown on conspicuous consumption. Volkswagen hopes the Phideon, a luxury-style sedan from a brand that has a mass-market image unlike automakers...

  • MUHANGA, Rwanda, Oct 14- Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California- based robotics company, will launch a service on Friday using drones to deliver blood to far-flung clinics, bypassing traffic or washed-out roads in the East African...

  • MUHANGA, Rwanda, Oct 14- Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California- based robotics company, will launch a service on Friday using drones to deliver blood to far-flung clinics, bypassing traffic or washed-out roads in the East African...

  • MUHANGA, Rwanda, Oct 14- Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California- based robotics company, will launch a service on Friday using drones to deliver blood to far-flung clinics, bypassing traffic or washed-out roads in the East African...

  • MUHANGA, Rwanda, Oct 14- Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California- based robotics company, will launch a service on Friday using drones to deliver blood to far-flung clinics, bypassing traffic or washed-out roads in the East African...

  • MUHANGA, Rwanda, Oct 14- Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California- based robotics company, will launch a service on Friday using drones to deliver blood to far-flung clinics, bypassing traffic or washed-out roads in the East African...

  • MUHANGA, Rwanda, Oct 14- Rwandan doctors stranded without vital blood supplies are about to be rescued by an important new ally in their fight to save lives: drone deliveries. Zipline, a California- based robotics company, will launch a service on Friday using drones to deliver blood to far-flung clinics, bypassing traffic or washed-out roads in the East African...

  • MANILA, Oct 12- Philippine President Rodrigo Duterte is set to sign a regulation this month banning smoking in public across Southeast Asia's second-most populous country, rolling out among the toughest anti-tobacco laws in the region. Health Secretary Paulyn Jean Rosell-Ubial told Reuters on Tuesday she hoped the president would sign the ban, which...

  • TOKYO, Oct 7- Japanese stocks slipped on Friday amid investor caution before an impending U.S. jobs report that could impact near-term direction for risk asset markets. The Nikkei fell 0.2 percent to 16,860.09, snapping four sessions of gains. Seven& i Holdings Co Ltd, Japan's second largest retailer, fell 5 percent after it said on Thursday that it had entered a...

  • DOHA/ SINGAPORE, Oct 3- Qatargas, the world's largest LNG producer, will start operations at its new Ras Laffan 2 condensate splitter by the end of this month, doubling the Gulf state's capacity to process condensate, two sources with knowledge of the matter said on Monday. Japan's Chiyoda Corp is building the refinery in a joint venture with Taiwan's CTCI Corp..

  • -Feb 2016: Investment of $42.5 million in Pronutria Biosciences, now Axcella Health, a specialist in developing medicines for disease caused by amino acid imbalance. -Sept 2015: Licensing agreement with Lipid Therapeutics for exclusive worldwide rights, except for Europe and Australia, to its experimental medicine for ulcerative colitis.