TOKYO, June 18 (Reuters) - Japan's Hitachi ( HTHIF ) is considering selling its 40% stake in an air-conditioning joint venture with Johnson Controls International Plc ( JCI ), Bloomberg News reported on Tuesday, citing people familiar with the matter. The deal could value the joint venture, Johnson Controls-Hitachi Air Conditioning, at almost 500 billion yen ($3.16 billion), Bloomberg reported...

(Reuters) -U.S. machinery maker Caterpillar's former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed. Caterpillar Inc, which makes machinery for the construction, mining and oil and gas industries, suspended operations in its manufacturing facilities in Russia in 2022, joining a number of foreign companies that halted business in the...

June 18 (Reuters) - Stellantis ( STLA ) is recalling over one million vehicles in the U.S. over a problem with rear view cameras that stopped images from displaying, raising the risk of a crash, the U.S. auto safety regulator said on Tuesday. The recall involves some 2021-2022 Dodge Durango, 2021-2023 Chrysler Pacifica, Jeep Grand Cherokee L, 2022 Ram 1500,...

June 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Shell has agreed to buy Singaporean liquefied natural gas (LNG) company Pavilion Energy from global investment company Temasek in a move the oil major said will strengthen its leadership position in LNG, according to statements. ** TA Associates is preparing to...