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  • *Sanofi and Mannkind terminate deal for Afrezza. LONDON, Jan 5- French drugmaker Sanofi is to stop selling an inhalable insulin developed by Mannkind, following disappointing sales of the product since its launch in February 2015. Rights to Afrezza will revert to Mannkind from Sanofi in the next 90 to 180 days and Mannkind said it was reviewing strategic options...

  • HAVANA, Jan 4- Virginia's port authority will become the first U.S. port operator to sign a cooperation agreement with its Cuban counterpart, in an effort to increase trade and establish direct service with Cuba, Virginia's governor said on Monday. "As Cuba and the United States normalize relationships, we'd like to see the Cuban companies establish Virginia as...

  • TORONTO, Jan 4- Canada Pension Plan Investment Board said on Monday it had agreed to buy a student housing portfolio in the United States for around $1.4 billion, in partnership with Singapore wealth fund GIC and The Scion Group. The three parties said they had formed a student housing joint venture, Scion Student Communities, which will acquire University House...

  • WASHINGTON, Dec 23- United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, on Wednesday said it had ordered 20 more RD-180 rocket engines from Russia, on top of 29 engines ordered before Russia's invasion of the Crimea region of Ukraine last year. Congress banned military use of the engines after Russia annexed Crimea last year, but a...

  • WASHINGTON, Dec 23- United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, on Wednesday said it ordered 20 additional RD-180 rocket engines from Russia, on top of 29 engines still being delivered. The company said it ordered the Russian engines to use on its Atlas 5 rockets and serve existing and potential civil and commercial launch...

  • Dec 23- Freeport-McMoRan Inc, the U.S. miner that was targeted by activist investor Carl Icahn earlier this year, is planning to run an auction process for its oil and gas assets in early 2016, according to people familiar with the matter. Phoenix, Arizona- based Freeport-McMoRan's board has retained investment bank Lazard Ltd to advise on possible sale of the...

  • The company said it would rebuild lost business through a distribution agreement with Walgreens pharmacies announced on Tuesday, and said the new arrangement would also help sales of products like Xifaxin for irritable bowel syndrome and Addyi, a new sexual dysfunction treatment. The company forecast 2016 earnings would grow 30 percent to $13.25 to $13.75...

  • Dec 11- Seeds and chemical maker Dow Chemical Co said it would assume full control of its joint-venture with Corning Inc, the supplier of Gorilla Glass for iPhones. Formed in 1943, Dow Corning produces silicon-based products for aerospace, automotive and electrical industries. The transaction is expected to yield more than $1 billion in additional annual...

  • Dec 11- Seeds and chemical maker Dow Chemical Co said it would buy the remaining stake it its joint-venture with Corning Inc, the supplier of Gorilla Glass for iPhones. Formed in 1943, Dow Corning produces silicon-based products for aerospace, automotive and electrical industries. The transaction is expected to yield more than $1 billion in additional annual...

  • NEW YORK, Dec 10- Sara Tirschwell and Dan Kamensky lined up everything to launch a successful hedge fund, only to realize they could not work together, two people familiar with the matter told Reuters. The pair decided on an amicable departure from their planned joint-venture, New York- based Livia Capital Partners, according to one of the people.

  • Dec 10- Billionaire investor Warren Buffett disclosed an 8.02 percent stake in Seritage Growth Properties, a real estate trust created by retailer Sears Holdings Corp.. Seritage was formed by Sears Holdings in June by spinning off about 254 Sears and Kmart stores, as part of the struggling retailer's plans to raise cash. The REIT, which now also includes Sears' 50...

  • SOFIA, Dec 10- Bulgaria and Greece on Thursday signed a final investment agreement to build a natural gas pipeline to help Sofia reduce its almost complete reliance on Russian gas supplies. "This signing gives the real start of the project, which is strategic not only for Bulgaria and Greece, but also for all southeastern Europe," Bulgarian Energy Minister...

  • Dec 9- Chevron Corp plans to slash its budget by 24 percent next year, part of a revamped strategy to rein in spending and position the energy giant to be nimble as oil prices show little sign of rising in the near future. The dramatic cutback in spending is likely to be echoed by other oil majors who will soon release spending plans, with rival ConocoPhillips set to...

  • 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...

  • 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...

  • A pedestrian walks past Cisco Systems signage at the company's headquarters in San Jose, Calif.

    Cisco Systems said it would form a joint-venture with Chinese server maker Inspur to sell networking and cloud computing products in China.

  • Sony Corp should fear China's censors as it prepares to unveil the price and release date of its PlayStation 4 gaming console in the world's third-largest gaming market.

  • Xbox and PlayStation signage on display at the 2014 E3 Electronic Entertainment Expo.

    Microsoft has delayed the launch of its Xbox One game console in China. The company said it would be released by the end of the year.