Utility company Duke Energy Corp said it agreed to develop commercial solar power projects in the United States with ENN Group, a private Chinese energy company.
JPMorgan Cazenove's joint venture owners are keen to decide whether J.P. Morgan should buy out its UK investment banking partner before bonuses are set for staff around the turn of the year, industry sources said.
Private equity firm Apollo Management cut more than $1.9 billion of costs out of its portfolio companies after the financial crisis, according to a letter sent to its investors on Thursday.
Air France managers have sent a letter to the airline's pilots calling for stricter observance of safety procedures, following a fatal crash in June, French newspaper La Tribune reported.
Workers at five Ford Motor Co U.S. plants represented by the United Auto Workers have backed a contract aimed at bringing the automaker's labor costs in line with rivals General Motors Co and Chrysler.
Ford Motor Co said on Friday it will idle one of its Canadian plants next week due to a shortage of transmission parts that stems from a labor dispute in India.
Belgian phone operator Belgacom's international carrier business said on Thursday it had signed a preliminary deal with Royal Bank of Scotland (RBS) to enhance its system which enables mobile phone customers to transfer money from one mobile phone to another.
Las Vegas Sands Corp may struggle to secure up to $2 billion in financing for mothballed projects and dent already-lowered valuations for the planned Hong Kong initial public offering of its Macau operations, bankers and analysts said.
Southeast Asia is gearing up to become a global hub for the production and sale of environmentally friendly cars, a Thai deputy cabinet minister said on Thursday.
Independent German contract carmaker and convertible roof-top specialist Karmann is nearing liquidation as new orders remain out of sight and customers remain unwilling to pay their bills.
General Motors will decide in early November whether to proceed with a deal to sell its European arm Opel to a group led by Canada's Magna or to seize a new opportunity to keep the unit after seven months of grinding negotiations.
Institutions sold a net 90.8 billion won worth of stocks and foreign investors bought a net 213.1 billion won worth.
October U.S. auto sales should be down about 6 percent from a year ago, marking the first single-digit monthly decline since May 2008, influential industry forecasting firm J.D. Power and Associates predicted on Friday.
Major U.S. airlines have matched a domestic fare increase initiated by Delta Air Lines and Continental Airlines, marking the fifth industrywide fare hike in 2009, a top fare analyst said on Friday.
Major U.S. airlines have matched a domestic fare increase initiated by Delta Air Lines and Continental Airlines, marking the fifth industrywide fare hike in 2009, a top fare analyst said on Friday.
Quarterly results from Whirlpool Corp, Fortune Brands and several other manufacturers pointed to slight improvements in the U.S. housing market, sending their shares higher.
General Motors Co bought all of the new shares offered by its struggling South Korean unit for $413 million and the U.S. carmaker will consider further financial aid if necessary, GM Daewoo said on Friday.
Shares in Dole Food Co Inc, the world's largest producer and seller of fresh fruits and vegetables, edged down in their debut on Friday on the New York Stock Exchange after its initial public offering priced below expectations.
After two years on the sidelines, a handful of retailers is getting ready to test the initial public markets again, emboldened by the stock market rally and a better consumer spending outlook.
Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzorig, deputy director of Erdenes MGL, the Mongolian government company that will hold at least 51 percent of the equity.
U.S. drugmaker Merck & Co Inc's $41.1 billion takeover of smaller rival Schering-Plough Corp won approval from European Union antitrust regulators on Friday.
Malaysia's biggest mobile service provider, Maxis Bhd, aims to raise as much as $3.65 billion in the country's biggest IPO, despite a cooling off in demand for Asian listings following China's flurry of offerings.
Boeing Co has submitted two proposals to the Indian Air Force, offering the AH-64D Apache and the CH-47F Chinook in a deal potentially worth $2 billion, Boeing's country head and Indian officials said on Friday.
South Korea ended a frustrating losing streak in overseas resource deals with the agreed $1.7 billion takeover of Canada's Harvest Energy Trust, securing oil and gas reserves but also taking on an aging refinery in need of significant investment.
Thousands of New York City apartment renters on Thursday won a major court victory that could help them keep lower rents, but may drive landlords into foreclosure and crater city tax revenues.
Freddie Mac, the second-largest U.S. home funding company, said on Friday its mortgage investment portfolio grew by an annualized 7.3 percent rate in September, while delinquencies on loans it guarantees accelerated.
Major U.S. airlines have matched a domestic fare increase initiated by AMR Corp's American Airlines, marking the fifth industry wide fare hike in 2009, a top fare analyst said on Friday.
General Motors put on hold a deal to sell a 55 percent stake in carmaker Opel to a Russian-backed consortium led by Canadian automotive group Magna , GM's chief negotiator on the deal said on Friday.
Ingersoll-Rand PLC , a maker of heating and cooling systems for homes, businesses and transport, reported a 5 percent drop in quarterly profit on Friday and said it continued to see challenges in its markets.
U.S. drug firm Pfizer has approached several Indian drugmakers for possible alliances to bolster its revenues, the Economic Times reported on Friday.
