Business Strategy Strategic Alliances

  • BRUSSELS, April 21- Warner Music Group and independent labels have urged EU regulators to fight Sony Corp's bid to buy out Michael Jackson's stake in its music publishing joint venture, saying the move gives Sony too much power. Sony last month signed a deal to acquire the stake that deceased pop star held in Sony/ATV Music Publishing, the world's largest music...

  • Viacom shares were down 6.5 percent at $36.32 on Nasdaq, while Dish shares rose 1.5 percent to $47.19. On March 7, Viacom Chief Executive Philippe Dauman said he expected to renew the contract with Dish Network Corp in the next quarter. Dauman said during Viacom's last quarterly earnings call that the New York- based media company had entered into a short-term...

  • KINSHASA, April 19- Randgold Resources has entered a joint venture in Democratic Republic of Congo with a company controlled by Israeli billionaire Dan Gertler and a state miner, the company said in a statement on Tuesday. The gold project in northeastern Congo with Moku Goldmines AG, majority-owned by Gertler's Fleurette Group, and state miner Sokimo could...

  • HANOI, April 18- Vietnamese telecom company Viettel said on Monday it plans to form a consortium with two Myanmar companies to invest a combined $1.5 billion in Myanmar's telecoms sector if it wins the country's fourth, and last, telecom license. "This strong foundation ideally positions us to cater to the untapped telecom market potential in Myanmar," Viettel's...

  • DAKAR, April 15- Senegal has created Air Senegal, a new national airline intended to replace the West African nation's now defunct, heavily indebted carrier Senegal Airlines, the minister of tourism and air transport said on Friday. Senegal state-owned television said late on Friday that Turkish Airlines was the front-runner to take a stake in Air Senegal.

  • COLORADO SPRINGS, Colo., April 13- United Launch Alliance said on Wednesday its Atlas 5 rocket will need to be repaired before flights resume following an early engine shutdown on its last mission. "There will be corrective action," Tory Bruno, chief executive of the joint venture by Lockheed Martin Corp and Boeing Co, told Reuters in an interview at the Space...

  • COLORADO SPRINGS, Colo., April 11- United Launch Alliance will team with billionaire entrepreneur Robert Bigelow to market and fly habitats for humans in space, a project that hinges on space taxis being developed by SpaceX, Boeing Co and other firms, ULA and Bigelow said on Monday. Space Symposium in Colorado Spring, Colorado, includes a 2020 launch of a 12,000-...

  • *Singapore marine, offshore engineering output falls to $14.5 bln. SINGAPORE, April 12- Marine and offshore engineering companies are turning to cruise ships, fishing vessels or even sea-based wind farms to keep their earnings afloat as weak oil prices slash new spending by big energy companies. Singapore- listed Vard Holdings last month signed a letter of...

  • ASTANA, April 7- Kazakhstan and global oil majors developing the Karachaganak gas condensate field aim to "peacefully resolve" their dispute over a production sharing agreement, Kazakhstan's Energy Ministry said on Thursday. Russia's Lukoil, one of the oil majors, said this week Kazakhstan had filed a $1.6 billion claim against the consortium led by BG Group...

  • Michael Jackson at a press conference in New York in 1992.

    Sony Corp said it signed an agreement with Michael Jackson's estate to buy for $750 million the deceased pop star's stake in Sony/ATV Music Publishing.

  • A Sears customer shops near General Electric appliances in Schaumburg, Illinois, September 8, 2014.

    Chinese appliance maker Haier is buying General Electric's appliance unit for $5.4 billion to expand its global presence.

  • 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.

  • Karl Slym, managing director of Tata Motors Ltd.

    Karl Slym, managing director of India's Tata Motors, died on Sunday after falling from a high floor of a hotel in Bangkok, the company said.

  • A man enters Viacom headquarters in New York.

    Time Warner Cable said it had renewed its distribution agreement with Viacom, whose channels include MTV, Comedy Central and Nickelodeon.

  • Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.