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Business Strategy Strategic Alliances

  • At the same time, he has launched nearly 40 missiles from the area, as part of his accelerated tests of North Korea's nuclear deterrent. "It may sound crazy to outsiders to fire missiles from a place he wants to develop economically, but that's how Kim Jong Un runs his country," said Lim Eul- chul, an expert on the North Korean economy at Kyungnam University in South Korea.

  • NEW DELHI, Oct 8- Saudi Aramco launched a new Indian venture near New Delhi, a government statement said on Sunday, as the global oil exporter looks to tap rising demand and invest in the world's third-biggest consumer. India's Oil Minister Dharmendra Pradhan, who jointly inaugurated the local unit with Aramco Chief Executive Amin Nasser, said the move would help...

  • NEW DELHI, Oct 8- Saudi Aramco launched a new Indian venture near New Delhi, a government statement said on Sunday, as the global oil exporter looks to tap rising demand and invest in the world's third-biggest consumer. India's Oil Minister Dharmendra Pradhan, who jointly inaugurated the local unit with Aramco Chief Executive Amin Nasser, said the move would help...

  • MOSCOW, Oct 5- Saudi Arabia's SALIC is considering investing in a Russian grain producer owned by Russian conglomerate Sistema and members of the Louis-Dreyfus family, Sistema said on Thursday. The memorandum of understanding was one of several signed at the Russian-Saudi Business Investment Forum in Moscow. Saudi Arabia's King Salman is meeting Russia's...

  • MOSCOW, Oct 5- Russia's En+ Group will launch an initial public share offering in London and Moscow, it said on Thursday, testing investors' appetite for Russian assets three years after Western countries imposed sanctions on Moscow over its role in the Ukraine crisis. The listing of En+, which manages Russian tycoon Oleg Deripaska's aluminium and hydropower...

  • *Traders to launch new business in Switzerland, Ukraine. *To start operating in 2018, hire staff in Ukraine. PARIS/ GENEVA, Oct 4- A group of senior European and Black Sea grain traders who left Louis Dreyfus at the end of August plan to launch a new business in Switzerland targeting the Ukrainian market, three sources with knowledge of the matter said.

  • MEXICO CITY, Sept 29- Presidential elections in Mexico next year pose no risk to already-signed oil contracts, the sector's top regulator said on Friday, despite the current frontrunner's pledge to review them. "These are completely solid contracts," Juan Carlos Zepeda, head of Mexico's National Hydrocarbons Commission, said in an interview, adding that there is "...

  • **Morgan Stanley has agreed to buy commercial real estate credit platform Mesa West Capital LLC, the firm said. **Italy solved one of its remaining banking headaches on Friday as France's Credit Agricole agreed to take over three small ailing banks for 130 million euros. **Carlyle Group LP signed a definitive agreement to sell Klenk Holz AG, its German building...

  • **Morgan Stanley has agreed to buy commercial real estate credit platform Mesa West Capital LLC, the firm said. **Italy solved one of its remaining banking headaches on Friday as France's Credit Agricole agreed to take over three small ailing banks for 130 million euros. **Carlyle Group LP signed a definitive agreement to sell Klenk Holz AG, its German building...

  • Sept 29- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:. **Carlyle Group LP signed a definitive agreement to sell Klenk Holz AG, its German building materials unit, to Binderholz GmbH, the private equity firm said. **Italy's biggest regional utility A2A said on Friday a court in Montenegro had annulled a decision to seize...

  • Sept 29- The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:. **Carlyle Group LP signed a definitive agreement to sell Klenk Holz AG, its German building materials unit, to Binderholz GmbH, the private equity firm said. **Italy's biggest regional utility A2A said on Friday a court in Montenegro had annulled a decision to seize...

  • *Kuwait and Abu Dhabi study trading operations. Iraq has teamed up with a Russian firm to set up a trading venture, while Abu Dhabi and Kuwait are studying trading plans. "They are trying to become more flexible and to capture extra margin within the market," David Fyfe, chief economist of commodities trading firm Gunvor, told Reuters on the sidelines of the Asia...

  • Sept 29- The following bids, mergers, acquisitions and disposals were reported by 1025 GMT on Friday:. **Invesco Ltd said on Thursday that it has agreed to acquire Guggenheim Investments' exchange-traded funds business, which includes $36.7 billion of assets under management as of Aug. 31. **Carlyle Group LP signed a definitive agreement to sell Klenk Holz AG, its...

  • Sept 29- The following bids, mergers, acquisitions and disposals were reported by 1025 GMT on Friday:. **Invesco Ltd said on Thursday that it has agreed to acquire Guggenheim Investments' exchange-traded funds business, which includes $36.7 billion of assets under management as of Aug. 31. **Carlyle Group LP signed a definitive agreement to sell Klenk Holz AG, its...

  • **Japan's Toshiba Corp said it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key- albeit not its last- hurdle as it scrambles for funds to stave off a potential delisting. **The U.S. Senate voted on Wednesday to confirm Makan Delrahim to head the Justice Department's Antitrust Division, which will decide the fate...

  • **Japan's Toshiba Corp said it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key- albeit not its last- hurdle as it scrambles for funds to stave off a potential delisting. **The U.S. Senate voted on Wednesday to confirm Makan Delrahim to head the Justice Department's Antitrust Division, which will decide the fate...

  • MILAN, Sept 28- Travel caterer Autogrill plans to separate its Italian motorways and airports restaurants into a wholly-owned subsidiary to make it easier to form alliances and joint ventures in its different businesses. Shares in the company extended gains to reach 11.22 euros, their highest since Sept. 1, following the news. The prospect of deals could lift...

  • **Japan's Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key- albeit not its last- hurdle as it scrambles for funds to stave off a potential delisting. **The U.S. Senate voted on Wednesday to confirm Makan Delrahim to head the Justice Department's Antitrust Division, which will...

  • **Japan's Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key- albeit not its last- hurdle as it scrambles for funds to stave off a potential delisting. **The U.S. Senate voted on Wednesday to confirm Makan Delrahim to head the Justice Department's Antitrust Division, which will...

  • PARIS, Sept 28- Louis Dreyfus, one of the world's top grain trading firms, pointed to improved signs for its commodity trading activities as it posted higher first-half profits in the face of a continuation of high staple crops supplies. Along with its peers, Louis Dreyfus has been overhauling its businesses as margins for buying, selling and shipping...