Posted by Reuters: Business News on October 30, 2011
TOKYO (Reuters) – Sony Corp, struggling with a loss-making television business, is in negotiations to pull out of its LCD joint venture with South Korea’s Samsung Electronics in a bid to cut costs, the Nikkei business daily reported on Sunday.
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Posted by Reuters: Business News on September 28, 2011
(Reuters) – Australia’s competition regulator has given final approval for a transpacific alliance between Qantas Airways and AMR Corp’s American Airlines, it said on Thursday.
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Posted by The Distressed Debt Report on July 8, 2011
Prudential Mortgage Capital, which divested its commercial mortgage securitization business in 2008,…
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Posted by Reuters: Business News on October 17, 2010
MELBOURNE (Reuters) – BHP Billiton and Rio Tinto have agreed to abandon their proposed $116 billion iron-ore joint venture without triggering a $250 million break fee, the two companies said on…
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Posted by Reuters: Business News on October 10, 2010
OSLO (Reuters) – Norwegian oil firm Statoil is expanding further its shale gas operations in the United States, saying on Sunday it has created a joint venture with Canada’s Talisman to acquire…
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Posted by The Distressed Debt Report on September 8, 2010
The Wall Street Journal reports that Related Cos. and Deutsche Bank AG have purchased the mortgage o…
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Posted by Reuters: Business News on January 18, 2010
SHANGHAI/HONG KONG (Reuters) – Ford Motor Co and Mazda Motor Corp said on Monday they had no plans to dissolve their car making joint venture in China, which overtook the United States as the world’s largest auto market in 2009.
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Posted by Reuters: Business News on November 26, 2009
BRISBANE (Reuters) – Global miner BHP Billiton dismissed talk on Thursday that its iron ore partner, Rio Tinto , was baulking at their proposed $116 billion joint venture and said they were close to a binding agreement.
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