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GFNi inks agreement with Russian firm

GLOBAL FERRONICKEL Holdings, Inc. (GFNi) has inked an agreement with Russian firm Vi Holding LLC, whose expertise involves low-cost mineral processing. In a statement, the country’s second-largest nickel producer said the memorandum of cooperation and partnership was signed by its Chairman Joseph C. Sy and Vi Holding Chairman Valery N. Krasnov. President Rodrigo R. Duterte […] The post GFNi inks agreement with Russian firm appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineNov 14th, 2017

Facebook probes whether data firm violated policies

WASHINGTON, USA – Facebook has suspended a Boston analytics firm from its site and says it is investigating whether the company's contracts with the US government and a Russian non-profit violated policies, the Wall Street Journal reported. The firm, Crimson Hexagon, says its platform allows clients – which include major US ........»»

Category: newsSource:  rapplerRelated NewsJul 22nd, 2018

Philippines could breach US sanctions if Russia arms deal proceeds

MANILA — The Philippines is at risk of breaching sanctions imposed by the United States if it proceeds with the purchase of grenade launchers from a blacklisted Russian firm, a deal that could test its longtime security alliance with Washington. A senior Philippine general familiar with the deal said Manila had agreed in October last year to […].....»»

Category: newsSource:  interaksyonRelated NewsJul 19th, 2018

Atimonan folk, environment advocates storm coal firm’s office

Residents from Atimonan, power consumers, together with the Power for People Coalition stormed the Atimonan One Energy (A1E) Head Office to condemn the ongoing illegal construction of Atimonan One Energy Coal Plant in Quezon.   "We continue to stand against the destruction of our province, with the construction of this project which not only threatens to harm the beauty of our province, but the welfare of its citizens," said Monsignor Noel Villareal of Our Lady of Angels Parish in Atimonan, Quezon.   "We are protesting the continued construction of the coal-fired power plant's facilities despite its Power Supply Agreement (PSA) still being pending and its Environmen...Keep on reading: Atimonan folk, environment advocates storm coal firm’s office.....»»

Category: newsSource:  inquirerRelated NewsJul 5th, 2018

Dude, Dell is going public again

Updated (7:26 p.m.) NEW YORK --- Dell is going public again after a five-year sojourn as a privately held company. In the $21.7 billion agreement announced Monday, the PC and data storage company is offering to exchange tracking stock for a new class of common shares, simplifying the complex ownership structure that is still held mostly by founder Michael Dell. The investment firm Silver Lake and Michael Dell took Dell Technologies Inc. private in 2013 as the company struggled, seeking a freer range of movement that comes with more distance from Wall Street and investors. Dell, like all PC makers, was hit hard as people shifted from laptops, to tablets and other mobile de...Keep on reading: Dude, Dell is going public again.....»»

Category: newsSource:  inquirerRelated NewsJul 2nd, 2018

First Trump-Putin summit has Cold War backdrop, U.S. allies

WASHINGTON- U.S. President Donald Trump and Russian President Vladimir Putin will meet for their first summit on July 16 in Helsinki, a venue famed for its Cold War diplomacy. The Kremlin and the White House simultaneously announced the place and date a day after reaching agreement for the two leaders to meet following a visit […].....»»

Category: newsSource:  interaksyonRelated NewsJun 29th, 2018

Trump, Kim sign agreement on denuclearisation, security of N.Korea

SINGAPORE, – U.S. President Donald Trump and North Korean leader Kim Jong Un pledged on Tuesday to work toward complete denuclearisation of the Korean peninsula while Washington committed to provide security guarantees for its old enemy. “President Trump committed to provide security guarantees to the DPRK and Chairman Kim Jong Un reaffirmed his firm and […].....»»

Category: newsSource:  interaksyonRelated NewsJun 12th, 2018

Agri dept’s food deal with SKorea firm to net P28B

THE Philippines’ three-year food agreement with South Korean supermarket chain EMart will earn P28 billion for the country’s agricultural sector and benefit farmers, Agriculture Secretary Emmanuel F. Piñol said on Thursday. In a statement, Piñol described the fruit and food supply pact—sealed by President Rodrigo Duterte and EMart President and CEO Gab-soo Lee at the [...] The post Agri dept’s food deal with SKorea firm to net P28B appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 7th, 2018

Putin: US would need to offer firm guarantees to NKorea

Russian President Vladimir Putin warned that the United States will have to offer North Korea solid security guarantees if it wants to strike a denuclearization deal......»»

Category: newsSource:  philstarRelated NewsJun 6th, 2018

Putin says all is not lost to save Iran nuclear deal

SAINT PETERSBURG, Russia – Russian President Vladimir Putin on Friday, May 25, said it was still possible to save the Iran nuclear deal signed in 2015, despite US President Donald Trump's decision to withdraw from the agreement. "The US president is not closing the door on negotiations," Putin said at the ........»»

Category: newsSource:  rapplerRelated NewsMay 26th, 2018

Revolution Precrafted bags Puerto Rico project

REVOLUTION Precrafted Properties Philippines, Inc. has been tapped by Grupo Cacho, Inc. to deliver more than 2,000 residential villas in Puerto Rico, bagging its fifth international deal in the last six months. The Antonio-led company said in a statement that it has recently signed an agreement with the Puerto Rican real estate firm for the […] The post Revolution Precrafted bags Puerto Rico project appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 22nd, 2018

Vietnam unit of Russia’s Rosneft fears Beijing backlash over South China Sea drilling

Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft, is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday......»»

Category: newsSource:  interaksyonRelated NewsMay 19th, 2018

$500M settlement in Nassar case won t be shared equally

By Ed White and David Eggert, Associated Press DETROIT (AP) — The $500 million settlement between Michigan State University and hundreds of Larry Nassar's victims will be divided up after weighing many factors, including the date and victim's age when the sexual assaults occurred and the impact it had on their lives, lawyers say. The school, where the sports doctor worked for nearly 20 years, announced Wednesday that it would set aside $425 million for 332 women and girls who say Nassar abused them and another $75 million to cover future claims. But it won't have a role in determining how much each victim will receive. That will likely fall to one or two former judges or experienced mediators who will be selected by lawyers to oversee the process, said John Manly, who represents roughly 200 victims in the worst sexual abuse case in sports history. "This can be wrapped up in four or five months," he predicted. Simple math says $425 million divided by 332 people would be $1.28 million each. But it's not "share and share alike," said attorney David Mittleman, whose Lansing-area firm represents 111 victims. Indeed, claims must be evaluated in many ways. Manly said some people could receive "substantially" more than $1.28 million while others get much less. Attorneys will also get a share of any award under agreements they have with clients. "The age of the abuse, the duration of the abuse," Manly said, listing the likely factors. "Treatment in the future and the past. Have you lost earnings? Are there things about a particular case that are aggravating or mitigating." Mittleman said the dates of the assaults will be important. Older abuse probably will be worth less because without the settlement, Michigan State could have been shielded by a statute of limitations. New York attorney Michael Barasch is not involved in the Nassar case but has represented hundreds of victims sexually abused by New York priests. He said a pool of money is "definitely the way to go." "You've got to have a sensible, systematic and transparent solution," Barasch said. "Who better than a fair mediator accepted by everybody? ... Some of these people are going to be disappointed — guaranteed. But I can tell you from my church abuse cases, the vast majority are so appreciative of having finality." Michigan State was accused of ignoring or dismissing complaints about Nassar, some as far back as the 1990s. The school had insisted that no one covered up assaults, although Nassar's boss was later charged with failing to properly supervise him and committing his own sexual misconduct. In a statement Thursday, his first since the settlement, Michigan State President John Engler apologized, calling Nassar an "evil doctor" whose assaults "shocked our campus and the nation." The former Michigan governor was hired as interim leader after Lou Anna Simon's sudden resignation in January. Michigan State hasn't disclosed how it will pay for the settlement besides leaning on insurance companies. Engler told reporters in Lansing on Thursday that he doesn't plan to ask state lawmakers for money. Dianne Byrum, a member of the school's governing board, said Michigan State likely would borrow money, tap savings, delay big projects and consider budget cuts. She said a tuition increase tied specifically to the Nassar case is unlikely. Nassar, 54, will be locked up for the rest of his life under three decades-long sentences for molesting athletes with his hands and possessing child pornography. He's at a federal prison in Arizona. In addition to working at Michigan State, Nassar worked with Indianapolis-based USA Gymnastics, which trains U.S. Olympians. His assaults were mostly committed in Michigan at his Lansing-area home, campus clinic and area gyms, but his accusers also said he molested them at a gymnastics-training ranch in Texas and at national and international competitions. The settlement applies only to Michigan State. Lawsuits are still pending against USA Gymnastics, the U.S. Olympic Committee and an elite gymnastics club in the Lansing-area. The deal surpasses the $100 million-plus paid by Penn State University to settle claims by at least 35 people who accused assistant football coach Jerry Sandusky of sexual abuse, though the Nassar agreement covers far more victims. ___ Eggert reported from Lansing......»»

Category: sportsSource:  abscbnRelated NewsMay 18th, 2018

Vietnam unit of Russia’s Rosneft fears Beijing backlash over recent drilling in part of South China Sea

HANOI — Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft, is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday. Rosneft said on Tuesday its Vietnamese unit had […] The post Vietnam unit of Russia’s Rosneft fears Beijing backlash over recent drilling in part of South China Sea appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 17th, 2018

MPIC unit awarded Dumaguete water district concession deal

A UNIT of Metro Pacific Investment Corp. (MPIC) has received the notice of award to operate a water district in Dumaguete City under a P1.62-billion concession agreement that spans 25 years, the listed firm said on Wednesday. MPIC said its subsidiary MetroPac Water Investments Corp. (MPW) received on May 16 the award, which covers the […] The post MPIC unit awarded Dumaguete water district concession deal appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 16th, 2018

Davao to sign MOA with firm for review of fiscal incentive offerings

DAVAO CITY (MindaNews / 16 May) – The city government here signed on Wednesday a memorandum of agreement (MOA) with Isla Lipana & Co. for the updating of the 2012 Davao City Investment and Incentive Code, according to Lemuel Ortonio, head of the Davao City Investment Promotions Center (DCIPC). The signing took place during the […].....»»

Category: newsSource:  mindanewsRelated NewsMay 16th, 2018

Russia cuts World Cup squad player who faced doping case

MOSCOW (AP) — Russia cut from its World Cup squad a player who faced a doping investigation. The Russian Football Union said on Monday defender Ruslan Kambolov injured a calf muscle during a game for Rubin Kazan the day before. He was replaced by 38-year-old veteran Sergei Ignashevich, who has come out of international retirement. The RFU said coaches dropped Kambolov, "taking into account the training time (until the World Cup begins) and the possibility of exacerbating the problem." Kambolov was investigated by FIFA this year following the publication of World Anti-Doping Agency investigations alleging Russian officials covered up earlier doping cases. Lawyers for Kambolov said last month his case was closed for lack of evidence, though FIFA hasn't confirmed that. The center back Ignashevich has made 120 appearances for Russia but last played for the team at the 2016 European Championship. Russia coach Stanislav Cherchesov said he met on Sunday with Ignashevich, who refused previous comeback pleas. "Ignashevich heard me out calmly," Cherchesov said in a statement. "And today he gave his agreement after the results of Kambolov's examination became clear." Ignashevich said the call was a surprise "but I thought saying yes was the right thing to do," in comments on the team Twitter feed. "After all, it's the World Cup and moreover it's happening in our country. I'll give every effort to help the team." Russia is struggling ahead of the tournament with no wins in its last five games. Since the start of 2016, it has played 13 games against teams who will be at the World Cup and won only once, against South Korea. In Group A, Russia plays Saudi Arabia in the opening game of the World Cup on June 14 in Moscow, followed by Egypt and Uruguay. Ahead of the tournament, Russia has scheduled friendlies against Austria away on May 30 and against Turkey in Moscow on June 5. Russia's 28-man preliminary squad must be cut to 23 players by June 4......»»

Category: sportsSource:  abscbnRelated NewsMay 15th, 2018

Osmeña lashes at council after ‘no’ vote on Gokongwei-led project

CEBU CITY Mayor Tomas R. Osmeña took to social media his disappointment after the city council junked the proposed joint venture agreement (JVA) between the local government and a Gokongwei-led firm for the P18-billion mixed-use project on Kawit Island. Mr. Osmeña lashed at the members of the opposition led by Vice-Mayor Edgardo C. Labella for […] The post Osmeña lashes at council after ‘no’ vote on Gokongwei-led project appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 14th, 2018

Firm tied to Russian oligarch gave Michael Cohen $500,000, says Stormy Daniels’ lawyer – The Guardian

Donald Trump’s attorney and legal fixer, Michael Cohen, was paid half a million dollars by a company affiliated with a Russian […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsMay 9th, 2018

Robinsons Land partners with Hong Kong firm for residential project

MANILA, Philippines – Robinsons Land Corporation , the property arm of the Gokongwei group, partnered with Hong Kong Land Group (HKLG) to develop a P5.6-billion residential project in Pasig City. Robinsons Land told the Philippine Stock Exchange (PSE) on Tuesday, May 8, that it signed an agreement with HKLG to form ........»»

Category: newsSource:  rapplerRelated NewsMay 8th, 2018

Robinsons Land partners with Hong Kong firm for P5.6-billion Pasig project

Robinsons Land Corp. (RLC) has partnered with Hong Kong Land Group (HKLG) for the development of real estate projects in the country, starting with a P5.6-billion residential property in Pasig City. The Gokongwei-led property developer disclosed to the stock exchange on Tuesday, May 8, that it has signed an agreement with HKLG through its representatives […] The post Robinsons Land partners with Hong Kong firm for P5.6-billion Pasig project appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 8th, 2018