Mitsubishi may partner with Merrill
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Mitsubishi Motors Corp, Japan&#39;s only money-losing car maker, and US brokerage firm Merrill Lynch plan to set up a joint venture in North America, the Nihon Keizai Shimbun said Saturday.
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TOKYO : Scandal-hit Japanese automaker Mitsubishi Motors Corp. will likely to get 100 billion yen (960 million dollars) in additional aid from three group firms, a report said.
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Boeing Co.  may invest in Mitsubishi Heavy Industries Ltd's  project to build Japan's first passenger jetliner, the Asahi newspaper reported on Wednesday.
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With Google Inc.  taking a  dominant lead in the Internet search market, it looks  increasingly likely that Microsoft Corp.  could make a  large acquisition, such as of Yahoo Inc. , Merrill  Lynch said on Friday.
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Scandal-hit Japanese carmaker Mitsubishi Motors denied reports that it was negotiating a business link with PSA Peugeot Citroen Group of France.
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Scandal-hit Japanese automaker Mitsubishi Motors is in talks with PSA Peugeot Citroen Group of France over a comprehensive alliance that includes a capital tie-up, a report said.
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TOKYO - Mitsubishi Heavy Industries said today it&#39;s in talks to buy a plot of land in central Japan&#39;s Nagoya city from Mitsubishi Motors for building aircraft parts.
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Merrill Lynch is expected to report that it will add to its announced write-downs, a person briefed on the plan said.
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Caterpillar Inc.  said on Thursday  it planned to take control of a construction machinery venture  with Japan's Mitsubishi Heavy Industries Ltd. (7011.T) as part  of its efforts to beef up its presence in Asia.
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Automaker DaimlerChrysler AG said Wednesday it has signed a contract with Japan&#39;s Mitsubishi Motors Corp. in which the two companies renewed their commitment to joint production and development projects.
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TOKYO : The brokerage arm of Japan&#39;s biggest lender, the Mizuho Financial Group, and Norinchukin Bank, the umbrella bank for farmers&#39; cooperatives, are considering expanding their ties, an official said.
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Mitsubishi Motors Corp. said it will sell $2 billion of US auto loans to Merrill Lynch &amp; Co. to help the automaker reduce debt.
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Amid strained ties with partner DaimlerChrysler, Japanese car maker Mitsubishi Motors could soon reduce cooperation with the German-US auto giant, Mitsubishi's chief executive revealed in a newspaper interview.
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U.S. investment banks Morgan Stanley  and Lehman Brothers  are among the bidders for a stake in Japanese house builder Daito Trust Construction Co , sources familiar with the deal said, in what could stack up to be one of the biggest buyouts ever in Japan.
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Merrill Lynch (MER:NYSE - news - research), despite a checkered history in the energy sector, is jumping back in with its acquisition of the energy-trading business of Entergy-Koch.
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FRANKFURT/TOKYO  - DaimlerChrysler AG DCXGn.DE  insisted on Thursday that joint development projects with  Mitsubishi Motors Corp 7211.T (MMC) would continue despite  its refusal this year to help bail out its Japanese partner.
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The Tokyo Stock Exchange  and the Chicago Mercantile Exchange (CME)  will begin talks on a possible business tie-up, the Nikkei business daily reported in its evening edition on Thursday.