Joint Ventures

1-10 of 28 results

China oil firm takes $3.1B stake in SAmerican firm

AP News 2 days ago

Major Chinese oil firm CNOOC paying $3.1 billion to form joint-venture in South America Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping ...

Prudential may exit some Asia markets post-AIA buy

Reuters US Online Report Business News 11 days ago

HONG KONG/SINGAPORE (Reuters) - Britain's Prudential Plc <PRU.L> may quit some countries in Asia should it seal a $35.5 billion buy of American International Group's <AIG.N> AIA, sources directly involved with the deal said on Friday, allowing the bulked-up insurer to focus ...

Morgan Stanley strikes deal to sell China bank stake: report

AFP Asian Edition 12 days ago

US banking giant Morgan Stanley has reached a deal to sell its 34.3 percent stake in investment bank China International Capital Corp., a report said Thursday, citing CICC's chairman. The sale of Morgan Stanley's entire stake in CICC is still pending regulatory ...

Morgan Stanley strikes deal to sell China bank stake

AFP American Edition 12 days ago

US banking giant Morgan Stanley has reached a deal to sell its 34.3 percent stake in investment bank China International Capital Corp., a report said Thursday, citing CICC's chairman. The sale of Morgan Stanley's entire stake in CICC is still pending regulatory ...

MillerCoors CEO sees costs easing as year progresses

Reuters US Online Report Business News 13 days ago

NEW YORK (Reuters) - MillerCoors, the U.S. joint venture between Molson Coors Brewing Co <TAP.N> and SABMiller PLC <SAB.L>, expects costs for commodities such as fuel and aluminum to moderate as 2010 progresses. MillerCoors Chief Executive Leo Kiely told an investor meeting ...

Mongolia, Russia create uranium joint venture

AFP Global Edition 19 days ago

<div><p>Russia and Mongolia on Tuesday signed a deal to form a joint venture to exploit the Dornod uranium deposit in the resource-rich former Soviet satellite state.</p><p>The deal comes at a sensitive time for foreign companies operating in Mongolia as Ulan Bator, seeking ...

Russia, Mongolia create uranium joint venture

AFP Global Edition 19 days ago

<div><p>Russia and Mongolia on Tuesday agreed to form a joint venture to exploit the Dornod uranium deposit in the resource-rich former Soviet satellite, at the start of a visit by President Dmitry Medvedev.</p><p>Medvedev's two-day trip comes just three months after Russian Prime ...

GM launches new China light truck joint venture

AFP Global Edition 19 days ago

<div><p>US auto giant General Motors and Chinese automaker FAW Group Corp announced a new joint venture Sunday to produce light-duty trucks and vans for China's fast growing commercial vehicle market.</p><p>GM China President and Managing Director Kevin Wale said the truck joint venture ...

PetroChina to invest 1.7 billion US dollars in Canada

AFP Global Edition 19 days ago

<div><p>PetroChina has agreed to purchase a 60 percent stake in two oil sands projects in Western Canada for 1.7 billion US dollars, the seller announced Monday.</p><p>The MacKay River and Dover oil sands projects owned by Athabasca Oil Sands Corporation are located in ...

Comcast plans to bring TV shows to your phone

Reuters US Online Report Technology News 19 days ago

<div><p>NEW YORK (Reuters) - Leading U.S. cable operator Comcast Corp said on Wednesday it plans to offer subscribers the option to watch their favorite TV shows on mobile devices through its new wireless Internet service.</p><p>The company is also exploring adding a voice ...

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