• Most Popular
  • Most Shared

Deals

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu.  Commentary 

» More Deals News

Sony: no plans to buy out Ericsson stake in venture

SUN VALLEY, Idaho
Thu Jul 9, 2009 4:23pm EDT

Stocks

   

SUN VALLEY, Idaho (Reuters) - Sony Corp (6758.T) has no plans to buy out Ericsson's (ERICb.ST) stake in their loss-making mobile joint venture Sony Ericsson, said Sony Chief Executive Howard Stringer on Thursday.

Deals  |  Inflows Outflows  |  Japan

Analysts have said that Sweden's Ericsson would like to abandon the joint venture and leave it in the hands of the Japanese electronics company. Sony Ericsson has said it had no indication that either partner was considering pulling out.

"We have no plans at the moment. We want to make this partnership work," Stringer said on the sidelines of the Sun Valley media and technology conference organized by Allen & Co.

(Reporting by Yinka Adegoke, writing by Tiffany Wu; Editing by Tim Dobbyn)
Deals
Inflows Outflows
Japan


More from Reuters

Photo

U.S. probing if al Qaeda linked to airplane incident

WASHINGTON (Reuters) - The Obama administration said on Sunday it was investigating whether al Qaeda was involved in a Christmas Day attempt to blow up a passenger jet and sought to head off Republican attacks over its anti-terrorism measures. | Video

» More Top News
A Delta Airbus 330 airliner sits on a runway at Detroit Metropolitan Airport in Romulus, Michigan in this video grab made December 25, 2009. Credit: REUTERS/WDIV TV/Handout

The battle in mid-air

The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers.  Full Article 

U.S.
A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

Global Markets