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Broken Deal between BHP Billiton and Rio Tinto

Only 16 months after revealing their joint venture plan, BHP Billiton and Rio Tinto canceled the $116bn iron-ore joint venture proposal. The deal was expected to be cancelled since major…

Nissan Part of Joint Company to Promote ‘4R Energy’ Business

Nissan Motors and Sumitomo Corporation have announced the establishment of a new joint-venture research company. The new joint company was established on September 14 and will conduct research regarding the…