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Business Strategy Strategic Alliances

  • BARCELONA, Nov 17- Liberty Global's chief executive said the cable group's joint venture with mobile operator Vodafone in the Netherlands did not signal more deals between the two companies in Europe. Asked at the Morgan Stanley Technology, Media and Telecoms conference whether the Dutch tie-up was a template for further deals, Mike Fries said: "Hard to say, I...

  • BARCELONA, Nov 17- Liberty Global's chief executive said the cable group's joint venture with mobile operator Vodafone in the Netherlands did not signal more deals between the two companies in Europe. Asked at the Morgan Stanley Technology, Media and Telecoms conference whether the Dutch tie-up was a template for further deals, Mike Fries said: "Hard to say, I...

  • BARCELONA, Nov 17- FreedomPop, a U.S.-based free mobile phone service provider, plans to begin selling refurbished, used smartphones in several American and European markets for a fraction of the cost of new handsets. FreedomPop said it will sell used smartphones at up to 80 percent off the manufacturer's suggested retail prices initially the United States,...

  • *Prime customers in and around London offered same-day delivery. LONDON, Nov 16- British supermarket Morrisons has launched a new service offering Amazon customers same-day deliveries of goods from its stores, deepening the relationship between the two firms but hitting shares in online grocer Ocado. The new "Morrisons at Amazon" service, launched on...

  • SAO PAULO, Nov 9- Brazilian energy and logistics company Cosan SA Indústria e Comércio reported a net profit of 327.5 million reais in the quarter that finished in September, reversing the net loss of 17.2 million reais a year ago. Cosan is a 50-50 partner with Royal-Dutch Shell Plc in the joint venture Raízen, which is the world's largest sugar and ethanol...

  • SAO PAULO, Nov 9- Brazilian energy and logistics company Cosan SA Indústria e Comércio reported a net profit of 327.5 million reais in the quarter that finished in September, reversing the net loss of 17.2 million reais a year ago. Cosan is a 50-50 partner with Royal-Dutch Shell Plc in the joint venture Raízen, which is the world's largest sugar and ethanol...

  • CARACAS, Nov 4- Venezuelan state oil company PDVSA on Friday signed financing deals totaling nearly $1.45 billion with a local firm and India's ONGC Videsh Limited to raise production at joint venture operations. ONGC will provide $318 million to finance increased crude production at the joint venture Petrolera Indovenezolana, S.A., where it holds a 40...

  • MUMBAI, Nov 1- Ratan Tata, interim chairman of India's Tata Sons conglomerate, will outline a revamped top management structure for the $100 billion group within days, a person close to the company told Reuters on Tuesday. The new structure is being put in place after Tata Sons last week removed Cyrus Mistry as chairman, and disbanded his advisory Group Executive...

  • MOSCOW, Oct 31- Russian President Vladimir Putin, who has pledged to join a global pact to cap oil output, gave the green light on Monday to start production at a new Caspian Sea field owned by country's No.2 oil producer Lukoil, the second launch in a week. Russian oil production is expected to reach 547 million tonnes this year, rising to 548 million tonnes in 2017..

  • MOSCOW, Oct 31- Russian President Vladimir Putin, who has pledged to join a global pact to cap oil output, gave the green light on Monday to start production at a new Caspian Sea field owned by country's No.2 oil producer Lukoil, the second launch in a week. Russian oil production is expected to reach 547 million tonnes this year, rising to 548 million tonnes in 2017..

  • 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...