AMC Entertainment Holdings Inc., which reported its 12th consecutive quarterly loss on Tuesday, should avoid the “distractions” of its many new business ventures and dive deeper into its IMAX partnership, Read more
Tag: consortia
Altria takes on Juul, Philip Morris in smoke-free tobacco
Marlboro maker Altria Group Inc. said it is forming a partnership with Japan Tobacco Group to develop and sell heated tobacco devices in the U.S. and abroad. The move pits Read more
Ford exits Russia with joint-venture sale, but Moral Rating Agency slams ‘escape clause’
Ford Motor Co. is exiting its operations in Russia — which it had previously suspended — with the sale of its minority stake in a joint venture to manufacture commercial Read more
Exxon Mobil exits Russia after Kremlin’s ‘expropriation blackmail’
Exxon Mobil announced its exit from Russia this week after Moscow grabbed the company’s stake in the Sakhalin-1 oil and gas venture, a move described by an observer as “expropriation Read more
Stellantis to terminate Jeep China joint venture
Stellantis NV said Monday that it will end the joint venture that makes and distributes its Jeep brand in China and focus on selling imported Jeep cars in the country. Read more