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British energy major BP abandons Indian oil deal
YAHOO
AFP - Oil giant BP said that it had abandoned efforts to forge a venture with India's state-run Hindustan Petroleum (HPCL).
EU Regulators OK Time Warner-CBS Venture
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AP - European Union antitrust regulators cleared the Warner Bros. network's 50-50 joint venture with CBS Corp.'s UPN television network on Thursday, saying there were no competition concerns on the plan for the European market.
Rosneft launches Chinese venture
BBC
State-owned Russian oil firm Rosneft sets up two joint ventures with Chinese counterpart CNPC.
Japan's Sanyo to ally with Taiwan's Quanta in TVs
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AFP - Japan's loss-making Sanyo Electric and Taiwan's Quanta Computer Inc said they had agreed to form a joint venture in the fast-growing market for flat-panel televisions.
Sanyo and Quanta expected to announce TV tie-up
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Reuters - Japan's Sanyo Electric Co. (6764.T) and Taiwan's Quanta Computer Inc. (2382.TW) are expected to announce later on Friday they plan a tie-up in TV manufacturing that could involve a joint venture to boost their presence in the fast-growing flat TV market.
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Kevin Federline May Resort To Stripping If Album Sales Prove Lax
AHN
Ayinde O. Chase - AHN Staff Writer Miami, FL (AHN) - With reports of Britney Spears curbing hubby Kevin Federline’s spending, when asked what he’ll do if his latest musical venture doesn’t take off, Federline replied he’d be a “stripper.” K-Fed may soon list his...
Sources: AHN
Kevin Federline May Resort To Stripping If Album Sales Prove Lax
AHN
Ayinde O. Chase - AHN Staff Writer Miami, FL (AHN) - With reports of Britney Spears curbing hubby Kevin Federline’s spending, when asked what he’ll do if his latest musical venture doesn’t take off, Federline replied he’d be a “stripper.” K-Fed may soon list his...
Sources: AHN
Taiwan's AU Optronics plans China joint venture
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AFP - Taiwan-based AU Optronics Corp, the world's third largest flat panel display maker, said it plans to set up a 30 million US dollar joint venture in Xiamen, southeastern China, to produce back-light modules and other components for flat panel display use.
Sources: YAHOO
Philippines vows no leniency for rogue troops
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Reuters - Rogue soldiers face tough action by the Philippine government to discourage coup plots after moves to rehabilitate "habitual delinquents" failed, Defense Secretary Avelino Cruz said on Monday.
Sources: YAHOO
Microsoft unveils new mini-PC as CeBIT high-tech fair opens
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AFP - The world's biggest high-tech fair, the CeBIT, showcased the digital world of tomorrow awaiting consumers, as Microsoft made the first big announcement of the event.
Sources: YAHOO
iTunes Inks Deal With Comedy Central
AHN
Denise Royal - AHN Staff Writer New York, NY (AHN) - On Wednesday, Apple says it is taking its first step toward monthly subscriptions, offering "The Daily Show with Jon Stewart" and "The Colbert Report" for $9.99 a month or $1.99 per episode. The venture is being launched by iTunes in...
Sources: AHN
Bird Flu Found in Mammal in Germany
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AP - The H5N1 bird flu virus has been found in a weasel-like mammal called a stone marten, a German laboratory said Thursday, indicating the disease has spread to another animal species.
Sources: YAHOO
LG Philips develops world's largest LCD screen
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AFP - LG Philips, a Dutch-South Korean joint venture, said it had developed a 100-inch liquid crystal display (LCD) screen, the world's largest.
Sources: YAHOO
Agency, TV Execs Question Nielsen's Dropping PPM Deal
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AdWeek.com - Reaction to Nielsen Media Research's decision last week to quit a joint venture with Arbitron for the Portable People Meter dashed the hopes of agency executives and TV broadcasters who looked forward to single-source, multimedia measurement. On the news that Arbitron would go it alone, the company's stock slid more than 11 percent to a 52-week low.
Sources: YAHOO
Boeing, Lockheed venture faces deadline
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Reuters - Lockheed Martin Corp. or Boeing Co. could terminate an agreement to merge their military rocket launch units if the deal is not finalized by March 31, under a clause in the contract.
Sources: YAHOO
AT&T-BellSouth Deal May Affect Services
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AP - AT&T Inc.'s planned acquisition of BellSouth Corp. comes at a complex time in telecommunications. The traditional telephone business is under assualt by cellular and Internet-based calling, and the distinction between local and long-distance phone service is fading. In response, phone companies are investing heavily to start selling subscription TV and bolster their wireless and Internet services.
Sources: YAHOO
Share scramble as Reliance lists cell-phone venture
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AFP - Cellular phone company Reliance Communication Ventures (RCoVL) made its debut on Indian stock markets, opening above analyst expectations and pushing telecom stocks up.
Sources: YAHOO
Verizon says working to acquire Vodafone stake
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Reuters - Verizon Communications , one of the largest telecommunications companies in the U.S., reiterated on Monday it was working to buy out partner Vodafone Group Plc from their Verizon Wireless joint venture.
Sources: YAHOO
Scramble for shares as Reliance lists cellular phone venture
YAHOO
AFP - Cellular phone company Reliance Communication Ventures (RCoVL) made its debut listing on Indian stock markets, opening above analysts' expectations and pushing telecom stocks up.
Sources: YAHOO
Scramble for shares as Reliance lists cellular phone venture
YAHOO
AFP - Cellular phone company Reliance Communication Ventures (RCoVL) made its debut listing on Indian stock markets above analysts' expectations and pushed other telecom stocks up.
Sources: YAHOO
AT&T to Buy BellSouth for $67B in Stock
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AP - AT&T Inc. is buying BellSouth Corp. for $67 billion in stock in a bid that further consolidates the telecommunications industry and would give AT&T total control of their growing joint venture, Cingular Wireless LLC.
Sources: YAHOO
Orange to use Walkman phone, promote diva Aguilera
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Reuters - Mobile phone operator Orange said on Friday it would roll out Sony Ericsson's new Walkman phones across Europe in a venture that includes a sponsorship deal with pop diva Christina Aguilera.
Sources: YAHOO
Arbitron Shares Fall After Nielsen Move
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AP - Shares of Arbitron Inc. tumbled Thursday, a day after the radio ratings company said Nielsen Media Research would not join it in a joint venture to use a new technology for measuring broadcast audiences.
Sources: YAHOO
Baseball Slugger To Venture Into TV Reality
AHN
Yvonne Lee - All Headline News Staff Reporter (AHN) - He's done virtually everything else in baseball, now San Francisco Giants' slugger Barry Bonds is set to star in a weekly half-hour television series. It will be called "Bonds on Bonds." The reigning National League most valuable player has...
Sources: AHN
Dueling producers assume "Crash" position in court
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Reuters - The feud over producing credits on Oscar best picture nominee "Crash" has escalated as producers Cathy Schulman and Tom Nunan have sued real estate mogul and movie financier Bob Yari, alleging that he withheld millions in profits, damaged their reputations and used their joint venture to promote his other interests.
Sources: YAHOO
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