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Results for "Joint Venture"

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Technologybrussels-times2d ago

EU Approves US Firms' Battery Joint Venture

The European Union has given its clearance for a joint venture between US firms focused on battery production, stating that the initiative will have a minimal impact on competition within the market.

India Boosts Maritime Defense with Anti-Submarine Eurodrone
WorldTimes of India1mo ago

India Boosts Maritime Defense with Anti-Submarine Eurodrone

India is enhancing its layered maritime defense capabilities with the development of a new anti-submarine warfare drone, a joint venture between Japan and Europe. This unmanned platform is crucial for India's security in the face of expanding submarine threats from Pakistan and China.

Atlantic SEE LNG Trade expands into Vertical Corridor
Worldnaftemporiki1mo ago

Atlantic SEE LNG Trade expands into Vertical Corridor

Atlantic SEE LNG Trade, a joint venture between AKTOR and DEPA Commercial, is intensifying efforts to convert memorandums of understanding and ongoing negotiations into binding agreements for expansion into the Vertical Corridor.

Germany Pursues Own Fighter Jet Project After European Venture Fails
PoliticsFThotnewsla-vanguardia+1mkd-mk2mo ago4 sources

Germany Pursues Own Fighter Jet Project After European Venture Fails

Germany is reportedly initiating its own fighter jet project, led by Airbus, following the collapse of a joint European venture. This move comes after the failure of the Franco-German sixth-generation fighter jet program, prompting Europe to consider alternatives like Sweden's Saab.

Music Industry Sees New Deals and Expansions
Culturebillboard2mo ago

Music Industry Sees New Deals and Expansions

Several new developments in the music industry include 10K signing a joint venture with a hip-hop label, Milk & Honey partnering with mprs for producer catalog acquisitions, Ticketmaster expanding into the Philippines, and Red Light collaborating with a faith-based artist management company.

US and Saudi Arabia Partner to Manufacture Drones
Politicsndtv2mo ago

US and Saudi Arabia Partner to Manufacture Drones

A new facility near Riyadh is reportedly planned for the manufacturing of long-range attack drones, a joint venture between American firm Vector Defense and Saudi startup SR2 Defense Systems, inspired by Iran's Shahed drones.

EU Commission Approves PPC-Metlen Joint Venture
Businessnaftemporiki2mo ago

EU Commission Approves PPC-Metlen Joint Venture

The European Commission has granted approval for the creation of a joint venture between Public Power Corporation S.A. (PPC) and Metlen Energy & Metals Single Member S.A. under the EU Merger Regulation.

GM and Chinese Automaker Extend Joint Venture for 20 Years
Politicscnbc10d ago

GM and Chinese Automaker Extend Joint Venture for 20 Years

General Motors and its Chinese joint venture partner have extended their agreement for another 20 years, despite ongoing geopolitical tensions between the U.S. and China. The renewed partnership will focus on domestic sales of Buick and Cadillac in China and exporting Chevrolet products built in China to non-U.S. markets.

Paramount to Exit Universal Joint Venture for EU Merger Approval
Culturevarietyhollywood-reporter1mo ago2 sources

Paramount to Exit Universal Joint Venture for EU Merger Approval

Paramount will withdraw from its United International Pictures distribution joint venture with Universal, a condition set by the EU for approving its $111 billion merger with Warner Bros. Discovery, to allay antitrust concerns from European cinema operators.

Joby Aviation and Toyota Form Joint Venture for Air Taxi Production
BusinessYahoochannel-news-asiaseeking-alpha1mo ago3 sources

Joby Aviation and Toyota Form Joint Venture for Air Taxi Production

Joby Aviation and Toyota have announced a joint venture to manufacture Joby's S4 aircraft, marking a significant step in the production of air taxis. This collaboration aims to scale up the manufacturing of electric vertical take-off and landing (eVTOL) aircraft.

Ford Sells Stake in Spanish Plant to China's Geely for EV Production
TechnologyFTle-figaroSCMP+5orfdie-presseel-mundoiefimeridavijesti-me23d ago8 sources

Ford Sells Stake in Spanish Plant to China's Geely for EV Production

Ford has sold a 34% stake in its Valencia, Spain plant to Chinese automaker Geely, forming a joint venture to produce five new electric vehicles. This partnership aims to revive Ford's European business and deepen Geely's presence in the European EV market.

PPC Group and Vodafone Greece Explore Joint Fiber Optic Venture
Businessiefimeridanaftemporikinewsbeast2mo ago3 sources

PPC Group and Vodafone Greece Explore Joint Fiber Optic Venture

PPC Group (Public Power Corporation) and Vodafone Greece are exploring a potential partnership to create a jointly controlled company for fiber optic infrastructure, with a non-binding term sheet outlining key principles for the 50:50 joint venture. This collaboration is expected to significantly impact competition in the Greek fiber optic market and benefit consumers.

Eni and Petronas Launch New Southeast Asia Gas Joint Venture, Searah
BusinessYahoochannel-news-asiaANSA+1seeking-alpha2mo ago4 sources

Eni and Petronas Launch New Southeast Asia Gas Joint Venture, Searah

Italian energy company Eni and Malaysian oil and gas giant Petronas have officially launched Searah, an independent joint venture focused on natural gas operations in Southeast Asia. This new venture aims to expand their presence and activities in the region's gas market.

Baltic States Boost Defenses Amid Russian Threat Warnings
WorldReutersBBCbloomberg+58wsjFTThe GuardianAl Jazeeradr-dknzzyle-uutisetnos+50 more2mo ago61 sources

Baltic States Boost Defenses Amid Russian Threat Warnings

Latvia plans to deploy drone fighters along its border with Russia, while NATO is set to strengthen its assigned forces in the Baltic states. This comes as EU officials warn of a dangerous moment and the possibility of Russia attacking NATO countries.