Posts Tagged ‘ alliance ’

TPG willing to invest $1 billion in Olympus 

January 14, 2012
TPG willing to invest $1 billion in Olympus 

A disassembled Olympus camera and its parts are seen in this illustrative photograph taken in Tokyo November 24, 2011. Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking [...]

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Turkey's PM wants quick end to Libya intervention 

March 21, 2011
Turkey's PM wants quick end to Libya intervention 

A US F16 plane takes off from the Aviano air base in Italy on March 21, 2011. Turkey wants the international military operation against Muammar Gaddafi’s forces to be concluded as soon as possible so that Libyans can settle their own future, Prime Minister Tayyip Erdogan said on Monday. Speaking in Mecca, on the final [...]

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JAL agrees tie-up deal with Delta: report

January 16, 2010
JAL agrees tie-up deal with Delta: report

A Japan Airlines aircraft travels on a runway as Mount Fuji is seen in the background at Haneda airport in Tokyo January 15, 2010 Japan Airlines (JAL) has agreed on a tie-up with Delta Air Lines that will mean JAL joins the SkyTeam airline alliance, dropping its membership of the Oneworld alliance, a Japanese newspaper [...]

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Jetstar, AirAsia form low-cost alliance

January 8, 2010
Jetstar, AirAsia form low-cost alliance

In a world first for low-cost airlines, Jetstar and AirAsia announced Wednesday they would form a new alliance that would reduce costs and pool expertise, ultimately resulting in cheaper fares for both. The carriers said in a statement they would focus on cost reduction and potential savings.The statement said the key to the agreement was [...]

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Jetstar, AirAsia firm low-cost alliance

January 7, 2010
Jetstar, AirAsia firm low-cost alliance

In a world first for low-cost airlines, Jetstar and AirAsia announced Wednesday they would form a new alliance that would reduce costs and pool expertise, ultimately resulting in cheaper fares for both. The carriers said in a statement they would focus on cost reduction and potential savings. The statement said the key to the agreement [...]

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Grand Alliance Adds Vietnam Stop

December 16, 2009
Grand Alliance Adds Vietnam Stop

LookAtVietnam — The Grand Alliance ocean container shipping venture will add Vietnam to its Asia-US East Coast Express service next month. According to the US newspaper, Journal of Commerce, Alliance members Hapag-Lloyd, NYK Line and OOCL will add the deepwater port of Cai Mep to an AEX service that runs from Southeast Asia through the [...]

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PM encourages Japanese investment in Vietnam

November 9, 2009
PM encourages Japanese investment in Vietnam

Vietnam will continue to improve its business environment to attract more foreign investors, including those from Japan, says Prime Minister Nguyen Tan Dung. The PM made the pledge in Tokyo on November 6 while receiving the leaders of several leading economic groups, including the Japan Bank for International Cooperation (JBIC), the Japan Business Federation (Nippon [...]

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HCM City bus operators plead for higher subsidy

October 29, 2009
HCM City bus operators plead for higher subsidy

Bus operators in HCM City are reeling under high losses and want the administration to increase the rate of subsidy that has not been adjusted for the last two years. Bus operators have asked HCM City authorities to increase the rate of subsidy due to losses they are facing.The Sai Gon Coach Company expects to [...]

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Idemitsu may expand Vietnam Nghi Son refinery project

August 8, 2009
Idemitsu may expand Vietnam Nghi Son refinery project

Idemitsu Kosan Co., Japan’s second-biggest refiner, may expand a US$5.8 billion project in Vietnam as declining domestic demand forces it to seek alliances with rivals and shed capacity at home, the new president said. The company is in talks to buy land adjacent to the Nghi Son refinery, Kazuhisa Nakano, 61, said in an interview [...]

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Chrysler bankruptcy now 95 percent certain, CSM analyst says

April 24, 2009
Chrysler bankruptcy now 95 percent certain, CSM analyst says

Chrysler LLC has a 95 percent probability of entering bankruptcy as time dwindles before an April 30 deadline to cut debt and complete an alliance with Italy’s Fiat SpA, an industry analyst said. The likeliest outcome of a Chrysler filing for court protection would be the purchase of some factories and brands by automakers including [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...