Topic filter : Joint Venture

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....The deal forms part of an extensive tie-up on lucrative transatlantic routes announced by Virgin, Delta and Air France-KLM on Thursday. The three airlines, along with ailing Italian carrier Alitalia, will join together in a single joint venture on flights between Europe and the US, co-operating on schedules and frequent flyer schemes – an alliance that will step up competition with the partnership between American Airlines and Branson’s great rival, British Airways. ... [Read full article on Guardian ]
Thursday 27th of July 2017 05:01:06 PM
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....Liberty MediaFormula OneUS satellite radio group SiriusXM (68%)Atlanta Braves baseball teamLive Nation, world’s biggest live event company (35%). Discovery Communications(He has most voting shares, almost 30%)Eurosport, which owns European TV rights to the OlympicsAll3Media (50%), joint ventureChannels including Discovery, TLC, Animal PlanetUKTV, owner of 10 channels including Dave and Gold (50% with BBC Worldwide)Food Network. ... [Read full article on Guardian ]
Saturday 5th of August 2017 03:00:15 PM
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.... In 2005, they voted in favour. The next year, a figure was agreed for the government’s capital investment in the scheme – £114m – and in 2009 a preferred bidder was announced, the Regenter Myatts Field North Limited consortium – a joint venture between the global infrastructure giant John Laing Investments Ltd and Pinnacle Regeneration Group. ... [Read full article on Guardian ]
Friday 21st of July 2017 05:00:09 AM
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.... This deal was hastened partly because of the travails of another partner of Delta and Air France-KLM: national carrier Alitalia, perennially kept on life support by Rome. Where full mergers are blocked by foreign ownership rules, joint ventures on lucrative routes, such as British Airways’ tie-up with American, have become the strategic alternative. ... [Read full article on Guardian ]
Sunday 30th of July 2017 05:59:11 AM
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....Health and safety investigators found that “simple measures” to provide safe exclusion zones would have prevented all three incidents. The contractors, Bam Ferrovial Keir (BFK), a joint venture of three construction companies led by Bam Nuttall, pleaded guilty to three offences at Southwark crown court. ... [Read full article on Guardian ]
Friday 28th of July 2017 02:36:38 PM
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Latest Finance News related to Joint Venture

John Malone, the ‘swamp alligator’ chewing up the UK’s media market image
....Liberty MediaFormula OneUS satellite radio group SiriusXM (68%)Atlanta Braves baseball teamLive Nation, world’s biggest live event company (35%). Discovery Communications(He has most voting shares, almost 30%)Eurosport, which owns European TV rights to the OlympicsAll3Media (50%), joint ventureChannels including Discovery, TLC, Animal PlanetUKTV, owner of 10 channels including Dave and Gold (50% with BBC Worldwide)Food Network. ...
France isn’t heading for a belle époque, but its future looks better than Britain’s image
.... This deal was hastened partly because of the travails of another partner of Delta and Air France-KLM: national carrier Alitalia, perennially kept on life support by Rome. Where full mergers are blocked by foreign ownership rules, joint ventures on lucrative routes, such as British Airways’ tie-up with American, have become the strategic alternative. ...
Crossrail firm fined £1m over worker's death and other safety breaches image
....Health and safety investigators found that “simple measures” to provide safe exclusion zones would have prevented all three incidents. The contractors, Bam Ferrovial Keir (BFK), a joint venture of three construction companies led by Bam Nuttall, pleaded guilty to three offences at Southwark crown court. ...
Richard Branson cedes control of Virgin Atlantic image
Source : Guardian [Read Article] Thursday 27th of July 2017 05:01:06 PM
....The deal forms part of an extensive tie-up on lucrative transatlantic routes announced by Virgin, Delta and Air France-KLM on Thursday. The three airlines, along with ailing Italian carrier Alitalia, will join together in a single joint venture on flights between Europe and the US, co-operating on schedules and frequent flyer schemes – an alliance that will step up competition with the partnership between American Airlines and Branson’s great rival, British Airways. ...
The real cost of regeneration image
Source : Guardian [Read Article] Friday 21st of July 2017 05:00:09 AM
.... In 2005, they voted in favour. The next year, a figure was agreed for the government’s capital investment in the scheme – £114m – and in 2009 a preferred bidder was announced, the Regenter Myatts Field North Limited consortium – a joint venture between the global infrastructure giant John Laing Investments Ltd and Pinnacle Regeneration Group. ...
Pearson sells slice of Penguin for $1bn image
Source : Guardian [Read Article] Tuesday 11th of July 2017 08:07:44 AM
....1bn it would have got in an outright sale of the business back in 2012. However, he added that the joint venture with Bertelsmann and staged exit has proved to be more beneficial as it has been more tax efficient and over the last five years the book publisher has returned £300m in dividends to Pearson. ...
Carillion boss steps down as shares crash 40% image
Source : Guardian [Read Article] Monday 10th of July 2017 09:40:51 AM
.... It will only undertake future construction work “on a highly selective basis”. It has also sold half its stake in its Oman joint venture. ...
Carlsberg buys London Fields Brewery image
Source : Guardian [Read Article] Monday 3rd of July 2017 05:39:11 PM
....“We thank Julian for his work in establishing London Fields Brewery and the creation of this exciting brand, and we wish him well in the future,” he added. Carlsberg said the business would be run in a joint venture with US craft beer firm Brooklyn Brewery, with which the Danish company signed a UK distribution deal in 2016. ...
Flybe promises overhaul after £20m loss image
Source : BBC [Read Article] Thursday 8th of June 2017 08:00:13 AM
....However, it insisted the current year was going well and efforts to turn a profit again were well underway. Flybe has struggled in the past year with a series of costly mistakes, including running too many loss-making routes and failed joint ventures. ...
Channel 4 confirms Alex Mahon as chief executive image
Source : Guardian [Read Article] Monday 5th of June 2017 03:37:43 PM
....Shine was founded by Elisabeth Murdoch and acquired by her father Rupert Murdoch’s 21st Century Fox for £415m in 2011. Fox then made Shine part of a global TV production powerhouse by creating a joint venture with Apollo Global Management, owner of Endemol and Core Media. ...
Mine craft: why BHP's strategic overhaul could help repel a hedge fund predator image
....”. The move appeared to bookend a happy period when the Anglo-Australian mining colossus had rediscovered its direction after 19 people were killed in a disastrous dam burst at an iron ore joint venture in Brazil in 2015 and the share price sank to a 10-year low. ...
Peppa Pig owner Entertainment One announces new series image
Source : BBC [Read Article] Friday 19th of May 2017 08:10:31 AM
.... . On Thursday, it announced a joint venture with Brad Weston, who ran the company that made the Oscar-winning film The Revenant, as part of a drive to produce more original movies. ...
Tata Steel offers £550m to resolve long-running pensions row image
Source : Guardian [Read Article] Tuesday 16th of May 2017 05:18:09 PM
.... The scheme will also get a 33% stake in Tata’s UK business. The pension scheme has been a stumbling block to Tata Steel merging its European steel operations with German company ThyssenKrupp, and analysts at Berenberg said that joint venture could now be agreed by the end of June. ...
Vodafone pulls out of £20m naming-rights deal for West Ham stadium image
Source : Guardian [Read Article] Tuesday 16th of May 2017 09:34:00 AM
....Vodafone has abandoned plans to sponsor the London Stadium in a £20m deal, dealing the latest blow to the venue’s troubled conversion to West Ham United’s home. The company was believed to be on the verge of a six-year deal to take on the naming rights, several years after the London Legacy Development Corporation, the publicly funded joint venture that owns the stadium, began looking for partners. ...
AirAsia to launch China joint venture image
Source : BBC [Read Article] Monday 15th of May 2017 02:55:06 AM
. Budget airline AirAsia has signed a joint venture agreement to set up a new low-cost carrier in China. ...
Mining company BHP drops Billiton from name in $10m ad campaign image
Source : Guardian [Read Article] Monday 15th of May 2017 12:52:45 AM
.... Activist hedge fund Elliott Advisors has launched a public campaign over the last month, calling for a significant restructure of BHP Billiton’s operations, by merging the UK and Australian entities into a single London-listed company and spinning off its US petroleum business for a New York listing. BHP has also suffered financial and reputational damage from the November 2015 dam disaster at its Samarco joint venture in Brazil that killed 19 people and led to widespread environmental damage. ...
Boeing halts test flight of new plane image
Source : BBC [Read Article] Thursday 11th of May 2017 04:41:43 AM
.... . CFM is the joint venture between US firm General Electric (GE) and French-based Safran - the companies making the engines for the 737 Max fleet. ...
French champagne house Taittinger plants first vines in English soil image
....Taittinger acquired the Kent farmland, in the heart of the so-called Garden of England, in the autumn of 2015. The vineyard is a joint venture between Taittinger, which has a 55% share, its UK agency and importer Hatch Mansfield, and an army of optimistic and deep-pocketed friends and investors. ...
Pearson: two-thirds of shareholders reject pay package image
Source : BBC [Read Article] Friday 5th of May 2017 04:38:28 PM
....The company also launched a "strategic review" of its troubled US school publishing business. Pearson has already announced that it is in discussions with its joint venture partner Bertelsmann to sell its 47% stake in book publisher Penguin Random House. ...
Volvic water recalled in Japan amid plastic fear image
Source : BBC [Read Article] Tuesday 2nd of May 2017 08:55:24 AM
....Volvic, Japan's biggest selling water brand by sales, is owned by French food group Danone. Kirin and Danone formed a joint venture in 2002, specifically to market Volvic in Japan. ...
21st Century Fox 'in talks' to buy television station group Tribune Media image
....21st Century Fox is in talks with private equity giant Blackstone to buy Tribune Media, one of America’s largest television station operators, sources familiar with the matter have said. Blackstone would provide the cash while the Rupert Murdoch-controlled Fox, which owns Fox News Channel and other assets, would provide the TV stations for the joint venture, according to one of the sources. ...
Isle of Wight Festival takeover bid by Live Nation investigated image
Source : BBC [Read Article] Wednesday 26th of April 2017 09:47:24 AM
....It said it had asked Live Nation and the festival to operate separately until it had agreed any merger. Live Nation, which has refused to comment, moved to take up a controlling stake of the festival through LN-Gaiety - its UK joint venture with music mogul Denis Desmond's Gaiety Investments. ...
Lockheed Martin profits take fall, despite sales increase image
Source : BBC [Read Article] Tuesday 25th of April 2017 05:20:59 PM
....Chief executive Marillyn Hewson said Lockheed profits took a hit this quarter on a defence programme for an international customer. Lockheed also reduced the value of a joint venture in the Middle East, which is not seeing as much demand as expected. ...
Exxon Mobil denied permission to resume Russian oil work image
Source : BBC [Read Article] Friday 21st of April 2017 08:47:11 PM
....". Exxon has a joint venture with Russia's Rosneft in the Black Sea, Arctic Kara Sea and Siberia, projects that were to form a big part of the US company's future growth. ...
Braced for Brexit image
Source : BBC [Read Article] Friday 21st of April 2017 08:44:19 PM
....As a result, it is now much easier to license music in many territories at once, rather than having to authorise it country by country, as was formerly the case. PRS, for example, works in a joint venture with its counterparts in Sweden and Germany, STIM and GEMA, to operate a pan-European online music rights licensing service. ...
BMW profits boosted by Intel map investment image
Source : BBC [Read Article] Thursday 20th of April 2017 12:56:17 PM
....BMW said the value of the stake in Here had risen by 183m euros. The car manufacturer also cited improved earnings from its Chinese joint venture, BMW Brilliance Automotive, for its higher profits. ...
Green Investment Bank sold to Australian firm Macquarie image
Source : BBC [Read Article] Thursday 20th of April 2017 09:25:36 AM
....There was also a legal challenge lodged by a consortium that lost out to Macquarie. Included in the arrangements for the sale is the setting up of a new joint venture for financing offshore wind projects, along with another Macquarie infrastructure fund, and USS, the university staff pension fund. ...
Weetabix sold to US firm after breakfast cereal fails to catch on in China image
....”. Post, founded in 1895 and based in St Louis, Missouri, said it had agreed to establish a joint venture with Bright Food and an investment fund advised by Baring Private Equity Asia to manage the Weetabix China operations. ...
Tata Steel merger with Thyssenkrupp under threat image
Source : Guardian [Read Article] Monday 17th of April 2017 12:36:06 PM
....”. If the proposed joint venture between Tata Steel and Thyssenkrupp falls apart then Tata Steel will have to consider whether to press ahead with its turnaround plan for the business alone or seek a different deal. ...
Walking dead image
Source : BBC [Read Article] Sunday 16th of April 2017 08:34:11 AM
.... . The chip sale is now said to be facing opposition from various stakeholders, including US firm Western Digital, which has a joint venture deal with Toshiba. ...
Scottish islands hold out for government U-turn on windfarm subsidies image
Source : Guardian [Read Article] Thursday 13th of April 2017 04:52:18 PM
....“The resources on the islands are underused and this is our opportunity to tap into them and bring jobs, low-carbon energy and a sustainable supply chain to remote parts of the UK,” they said. Viking Energy, a joint venture between SSE and the Shetland community, said it welcomed the constructive engagement between the UK and Scottish governments this week, and was hopeful of a positive outcome on the consultation. ...
Bed and breakfast? image
Source : BBC [Read Article] Tuesday 4th of April 2017 11:20:27 PM
.... The difficulty of competing with local rivals meant that in 2006, a mere two years after entering China, it was forced to admit defeat and shut down its main website in the country. Instead it formed a joint venture with a local partner to help operate an online auction business in the country. ...
The property billboards that reveal the truth about Britain’s luxury housing market image
.... This £1. 3bn joint venture by the Canary Wharf Group and Qatari Diar will see 900 flats squeezed in behind the London Eye and packed so close together that, according to an independent survey, a third will fall below the minimum daylight standards. ...
British rail is nationalised all over again – by foreign states image
Source : Guardian [Read Article] Saturday 1st of April 2017 02:59:28 PM
....Europe Germany’s Deutsche Bahn owns Arriva, which operates Chiltern, Cross Country, Wales & Borders, London Overground and Grand Central. Italy’s Trenitalia now runs Essex Thameside, and French state firm SNCF owns Keolis, which runs numerous franchises in joint ventures. ...
Toshiba's Westinghouse files for US bankruptcy image
Source : BBC [Read Article] Wednesday 29th of March 2017 07:15:32 AM
.... . Toshiba has a 60% stake in NuGen, a joint venture with France's Engie, which has the contract to build a new nuclear power plant in Cumbria in the UK. ...
FTSE 100 falls as pound jumps against dollar image
Source : BBC [Read Article] Monday 27th of March 2017 08:11:23 AM
....In the FTSE 250, transport group FirstGroup rose 3. 3% after its joint venture with China's MTR was awarded the South Western rail franchise. ...
Chinese firm MTR to help operate UK's South West trains franchise image
Source : Guardian [Read Article] Monday 27th of March 2017 07:52:43 AM
....”. Tim O’Toole, the chief executive of First Group, which owns 70% of the joint venture with MTR, said that it was “gratifying” to have won such a large franchise after seeing its rail business in the UK decline in recent years. ...
How one council is beating Britain's housing crisis image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:02 AM
....The council didn’t want to go it alone either, because it lacked the expertise to build and sell homes on the open market, and was wary of taking on all the risk. The joint venture suited the council because it was able to retain control over the quality of the housing and the speed at which it was built, says Clephan. ...
Abellio deal: Japanese firm Mitsui completes 40% Greater Anglia sale image
....The line has been run by Greater Anglia since 2012 and the company renewed the franchise in August. The deal fulfils the "long-standing objective of running the franchise as a 60:40 joint venture", according to Abellio MD Dominic Booth. ...
The oil deal, the disgraced former minister, and $800m paid via a UK bank image
....Britain’s commitment to tackling high-end money laundering through the City of London is under serious scrutiny after it emerged that regulators appear to have waved through an $800m bank transfer to a convicted criminal as the proceeds from one of the most corrupt deals in the history of the oil industry. A joint investigation by the Observer and journalists from Finance Uncovered, a non-profit organisation based in London, has discovered that prosecutors in Milan believe two payments of $400m each were wired through JP Morgan in London as the spoils of a huge deal to develop a Nigerian oilfield involving Shell, its joint venture partner the Italian oil giant Eni, and the government in Abuja. ...
Bank staff trained to spot cash scams as they take place image
Source : BBC [Read Article] Saturday 4th of March 2017 01:01:55 PM
....The new scheme, known as the Banking Protocol, is aimed at ensuring banks and police are more active in protecting customers. It is being run as a joint venture between the police, Financial Fraud Action - which represents banks - and Trading Standards. ...
London's 'Cheesegrater' sold to Chinese tycoon for more than £1bn image
Source : Guardian [Read Article] Wednesday 1st of March 2017 12:51:54 PM
....15bn, the second-biggest ever sale of a UK building. The developer behind the 224 metre tower, British Land, and its joint venture partner Oxford Properties, the global property arm of a Canadian pension fund, have sold the landmark building to CC Land, a Hong Kong-listed company controlled by Cheung Chung-kiu. ...
Green Investment Bank: Australian bidder woos MPs as protests continue image
Source : Guardian [Read Article] Thursday 23rd of February 2017 10:33:25 AM
....The bank also manages the world’s first offshore wind fund, which is comprised of private capital from a sovereign wealth fund, European institutional investors and a number of UK pension funds. Finally, there’s a joint venture with the UK government, funded with £200m of capital, to invest in green infrastructure projects in India and Africa. ...
GSK needs no medicine despite talk of poor performance image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:49:04 PM
.... That record is much better than the FTSE 100 index’s, but poorer than AstraZeneca’s, which is one reason why the perception persists that GSK has been a laggard. In its sharpest form, the theory runs that GSK would be better broken up into its constituent parts – pharmaceuticals, consumer healthcare and vaccines, plus the ViiV joint venture in HIV therapies. ...
Nigerian oil pollution claims against Shell cannot be heard in UK, court rules image
....Shell has been producing oil in Nigeria for nearly 70 years. Its subsidiary there is SPDC, which runs a joint venture with the Nigerian government. ...
ScotRail boss resigns after pressure over firm's performance image
Source : Guardian [Read Article] Friday 20th of January 2017 02:47:38 PM
....He had previously been in charge of Network Rail’s London north-east area, which includes the north-east mainline. A joint venture between the Dutch state-owned rail operator Abellio and Network Rail, ScotRail faced demands last winter that it be stripped of its franchise, which costs it £7bn over 10 years. ...
Pearson profit warnings wipe almost £2bn off its value image
Source : Guardian [Read Article] Wednesday 18th of January 2017 09:30:18 AM
....Pearson said it will issue an “exit notice” to Bertelsmann “with a view to selling our stake or recapitalising the business and extracting a dividend”. It is understood that Pearson’s preferred outcome is to sell-out of the joint venture entirely. ...
Water, water everywhere: utility firms get green light to sell beyond local regions image
.... Last summer the UK’s largest supplier, Thames Water, announced it had agreed to sell its book of business customers to Scottish supplier Castle Water. Several other domestic water firms have now set up new separate trading divisions, or joint ventures, that will be selling their services to business-only customers. ...
Top Gear Live event firm pushed to loss after Clarkson rebrand image
Source : Guardian [Read Article] Friday 23rd of December 2016 01:51:53 PM
....The tour, which started in Belfast in May and marked the first public appearance of the trio after leaving Top Gear, took in 11 stops in the UK, Europe, Australia and South Africa. The company, a joint venture between BBC Worldwide, the commercial arm of the BBC, and Brand Events, suggested fans outside Europe were the most affected by the loss of the Top Gear brand. ...
Meeting notes contradict Murdoch claim not to have asked PMs for help image
Source : Guardian [Read Article] Tuesday 20th of December 2016 06:05:22 PM
....Rupert Murdoch asked for Tony Blair’s help to overcome European commission opposition to a £800m TV deal, contradicting the media mogul’s assertion this week that “I have made it a principle all my life never to ask for anything from any prime minister”. The minutes of a 1998 meeting between Murdoch and the then Labour prime minister while the former was working on a joint venture between Sky and BT reveal how Blair was urged to take action to help the deal proceed; and how the leader appeared keen to do so. ...
Leak reveals Rex Tillerson was director of Bahamas-based US-Russian oil firm image
....It is widely assumed by investors that the new Trump administration will drop sanctions. This would allow the Kara joint venture to resume, boosting Exxon’s share price and yielding potential profits in the tens of billions of dollars. ...
FTSE 100 closes above 7,000 level image
Source : BBC [Read Article] Friday 16th of December 2016 09:16:53 AM
....Rentokil Initial shares jumped 4. 1% after it announced it would merge parts of its workwear and hygiene units into a joint venture with Germany's Haniel. ...
Palm oil giant Olam accused over sourcing image
Source : BBC [Read Article] Monday 12th of December 2016 11:54:03 AM
.... . In response to the accusation that Olam is responsible for vast forest clearings through its joint ventures with the government of Gabon, Olam said its private-public partnerships in the country strove to be both responsible and transparent. ...
King Rex? image
Source : BBC [Read Article] Sunday 11th of December 2016 05:09:38 PM
....Mr Tillerson has publicly spoken out against international sanctions placed on Russia over its annexation of Crimea. In 2014, Exxon filed a report saying the US government and European Union's sanctions cost the company a maximum of $1bn (£790m) in damage to joint ventures. ...
Fyffes banana sale unpeels fortune for Irish business dynasty image
Source : Guardian [Read Article] Friday 9th of December 2016 06:44:56 PM
....David McCann, executive chairman of Fyffes, said the offer was compelling. “Our employees, customers, suppliers and joint venture partners will benefit from Fyffes being part of an enlarged group with greater scale, reach and resources to broaden and accelerate delivery of Fyffes’ strategic objectives. ...
Co-operative Group secures £82m windfall in sale of travel division image
Source : Guardian [Read Article] Tuesday 6th of December 2016 07:30:43 PM
. The Co-operative Group has confirmed the sale of its travel division to Thomas Cook, its joint venture partner, securing an £82m windfall. ...
Yes, Italy’s constitution needs fixing. But not as urgently as its banks do image
....Virgin’s immediate problem on the east coast is that passenger growth is much lower than predicted. Few would weep to see a dent in the profits of the joint venture between Stagecoach and Richard Branson; but the recent history of this franchise is littered with private firms, from Sea Containers’ GNER to National Express, throwing back the keys when the going got tough. ...
Fashioning friendships image
Source : BBC [Read Article] Thursday 24th of November 2016 12:04:09 AM
....5m) last year, and due to run until 2018, one of the key aims of the scheme is to bring together entrepreneurs from both sides of the border. With support grants available, the participants are encouraged to meet and chat at training events, look into doing business on the other side of the border, and even consider setting up joint ventures with someone from the other region. ...
Tesco Bank says attack cost it £2.5m and hit 9,000 people image
Source : BBC [Read Article] Tuesday 8th of November 2016 10:00:53 PM
....Banks are also required to refund any charges or interest added to a customer's account as a result of the fraudulent payments. Tesco Bank has been owned by Tesco plc since 2008, after starting as a joint venture with Royal Bank of Scotland. ...
Tesco Bank attack was unprecedented, says regulator image
Source : BBC [Read Article] Tuesday 8th of November 2016 11:12:53 AM
....Banks are also required to refund any charges or interest added to your account as a result of the fraudulent payments. Tesco Bank has been owned by Tesco plc since 2008, after starting as a joint venture with Royal Bank of Scotland. ...
Tesco Bank blames 'systematic sophisticated attack' for account losses image
....Banks are also required to refund any charges or interest added to your account as a result of the fraudulent payments. Tesco Bank has been owned by Tesco plc since 2008, after starting as a joint venture with Royal Bank of Scotland. ...
Tesco Bank customers lose money to 'fraudsters' image
Source : BBC [Read Article] Sunday 6th of November 2016 10:45:12 AM
....Banks are also required to refund any charges or interest added to your account as a result of the fraudulent payments. Tesco Bank has been owned by Tesco plc since 2008, after starting as a joint venture with Royal Bank of Scotland. ...
New West Coast rail franchise to run HS2 services image
Source : BBC [Read Article] Friday 4th of November 2016 08:27:34 AM
....The contract will run for the first three to five years of HS2's operation. The West Coast franchise is currently run by Virgin Trains as a joint venture between Stagecoach and Virgin. ...
Japan shipping companies plan container merger image
Source : BBC [Read Article] Monday 31st of October 2016 02:36:40 AM
....K. Lines and Kawasaki Kisen Kaisha said the joint venture would see savings of more than 110bn yen ($1bn; £820m) a year. ...
Tata sacking: Cyrus Mistry was 'lame duck' chairman image
Source : BBC [Read Article] Wednesday 26th of October 2016 12:37:16 PM
.... Emotional reasons alone have kept us away from that crucial decision," he said. Tata's foray into the aviation sector was also criticised, with Mr Mistry suggesting he signed up to joint ventures under pressure from the former chairman. ...
BHP Billiton seeks gender equality by 2025 image
Source : BBC [Read Article] Thursday 20th of October 2016 02:41:43 PM
....Protest groups have been calling on BHP to do more to make up for the damage. Nineteen people were killed and hundreds were left homeless last November when the Fundao dam, owned by Samarco - a joint venture between BHP and the Brazilian firm Vale - collapsed. ...
AB InBev-SAB Miller deal approved by shareholders image
Source : BBC [Read Article] Wednesday 28th of September 2016 09:29:55 AM
.... . The takeover is expected to boost AB InBev's prospects in developing markets in Africa and China, where a SABMiller joint venture produces Snow, the world's best selling beer by volume. ...
Shipping giant Maersk to split up and focus on North Sea image
Source : BBC [Read Article] Thursday 22nd of September 2016 02:27:53 PM
....Maersk's energy business faces problems which are at least as deep as shipping, due to the fall in the price of oil. The company's strategic review speaks of finding "solutions" including joint ventures, mergers or spinning off companies for separate listing. ...
Volkswagen buys 16.6% stake in US truck company Navistar image
Source : BBC [Read Article] Tuesday 6th of September 2016 02:28:51 PM
....2 million new company shares - 12% above Friday's closing price. The deal is also creating a joint venture for procurement, which will help Navistar reach synergies of at least $500m (£373m) over five years. ...
London housing: TfL land set for affordable homes as Sadiq Khan picks expert team image
.... It demonstrates both continuity of policy from what TfL did under Boris Johnson and significant adjustments of it. The transport body’s approach to making money from its developable land assets has been be to enter into joint ventures with developers to build housing and other things - schools, shops, medical facilities - on it, enabling TfL to take a share of the profits. ...
Opel head says 'Brexit decision not a good omen' image
Source : BBC [Read Article] Thursday 21st of July 2016 04:14:13 PM
.... . The Chinese unit- which GM runs as part of a joint venture- also had a record quarter. ...
What is ARM? image
Source : BBC [Read Article] Monday 18th of July 2016 03:24:36 PM
.... . It created a joint venture with Apple, called ARM Holdings, to make a chip for the American company's first handheld computer, the Newton, which launched in 1993. ...
Tata says global steel industry 'vulnerable' image
Source : BBC [Read Article] Monday 11th of July 2016 03:28:15 PM
....The global steel industry is "very vulnerable" because of a huge oversupply problem, a Tata Steel executive has told the BBC. Last week, Tata Steel said it was in joint venture talks with Germany's Thyssenkrupp. ...
Sale of Tata UK steel business on hold image
Source : BBC [Read Article] Friday 8th of July 2016 06:31:55 PM
....". As well as discussions about a potential joint venture with another European steel maker, the company confirmed it was entering into separate talks on the sale of its South Yorkshire and Hartlepool businesses. ...

Tata Steel to keep Port Talbot and explore German joint venture
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Source : Telegraph [Read Article] Friday 8th of July 2016 05:07:22 PM
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Sainsbury's 'convinced' by Argos deal despite EU vote image
Source : BBC [Read Article] Tuesday 5th of July 2016 06:05:20 PM
....However, it is still under scrutiny by the competition regulator, which has said it will decide by 25 July whether or not to launch a full inquiry. The supermarket announced on Monday it would close its Netto stores in August after abandoning a joint venture with a Danish retailer. ...
Persimmon remains confident despite Brexit uncertainty image
Source : BBC [Read Article] Tuesday 5th of July 2016 07:06:37 AM
....The comments came as St Modwen reported half-year profits of £30m. That was down from £206m a year earlier, when its profits had been buoyed by a £128m rise in the value of the development at its New Covent Garden Market site in Nine Elms, London, where it is in a joint venture with Vinci Construction. ...

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