Business

Exxon Petitions US Government for Waiver on Russia Sanctions

Washington, D.C. (GPA) – Secretary of State Rex Tillerson’s former employer Exxon Mobil, is seeking a to bypass US sanctions on Russia via a waiver from the federal government. The US oil giant Exxon Mobil petitioned the US government for a waiver from the Russia sanctions regime, imposed on Moscow following the outbreak of hostilities in Ukraine.  This […]

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Google Loses Monopoly Suit in Russia

Moscow (TeleSUR) – The search engine giant buckled under pressure and agreed to be less controlling about what Android phone manufacturers can do in Russia. Google paid a US$7.8 million fine to Russia’s antimonopoly agency, they have agreed to allow phone manufacturers to change the default search engine on devices. Google has also lost app exclusivity on new […]

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Netanyahu Facing New Investigation for Fraud and Bribery

(GPA) Tel Aviv – The Israeli police claimed to have found new information in an ongoing secret inquiry into Prime Minister Benjamin Netanyahu’s business dealings and at now asking the attorney general’s office to authorize a full investigation. The secret probe into Netanyahu began about nine months ago and revolved around accusations that the PM had […]

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heckler & koch

Heckler & Koch Will Stop Arming ‘Undemocratic and Corrupt’ Countries

(GPA) Oberndorf, Germany – German arms manufacturer Heckler & Koch has announced they’ll no longer be supplying weapons to countries they deem “undemocratic and corrupt,” many of the countries that fit this criteria are US allies. The primary countries who will lose access to the variety of pistols, rifles and submachine guns produced by the […]

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After Death of TPP, China Makes Moves to Dominate Asia With New Trade Pacts

(GPA) Lima – For all the horrible chapters and faults of the Trans Pacific Partnership (TPP), it seems President Obama was right about one thing – without the trade pact, southeast Asian countries are now looking to China for economic opportunity. This past week at the Asia-Pacific Economic Cooperation (APEC) summit in Peru, Barrack Obama spent […]

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public domain

As EU Talks Crumble, Turkey Hopes to Join ‘Shanghai Block’

(GPA) Ankara – After 11 years of continuous negotiations, Turkish president Recep Erdogan has said his country doesn’t need to join the European Union (EU) if it conflicts with national interests. Since the coup against Erdogan’s Growing autocratic rule in July, talks with the EU have hit an all time low due to continuous human […]

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AT&T, Time Warner To Merge: Here Are The Reasons You Should Care

(TFC) – AT&T and Time Warner are set to merge in an $86 billion deal that will almost certainly change the landscape of American media, and indeed, media in general. The deal, months in the making, is the second massive merger this year with long term ramifications for consumers across the globe. The first being the recent […]

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CEOs Can Now Be Prosecuted Like War Criminals at the Hague

(TeleSUR) – The court’s new focus on land grabbing and environmental destruction could help put a dent in corporate impunity. The International Criminal Court announced Thursday it will now hold corporate executives and governments legally responsible for environmental crimes. The Hague court made explicit references to widening its approach to include land grabbing, which has allowed private […]

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Flickr Author: woodleywonderworks Attribution 2.0 Generic (CC BY 2.0)

Report: Private Lenders Increase the Risk of a Global Debt Crisis

(teleSUR) Private creditors have replaced the public sector as lead borrower to developing countries, which has contributed to a new borrowing and lending boom. Private financial institutions are responsible for prompting a potential “new wave” of debt crises among developing nations, according to a new report carried out by European Think Tank Eurodad. Public debt in […]

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Image Credit: Flickr - Creative Commons - SAIF*ANU

Monsanto Rejects Bayer’s Latest Sweetened US$64 Billion Offer

(TeleSUR) – The agro-business giant has rejected a buyout offer from Bayer yet again. Bayer said its sweetened US$64 billion acquisition offer for Monsanto would not be subject to any financing conditions, responding to the U.S.-based agro-company’s rejection of its latest proposal on Tuesday. Bayer said it was disappointed by Monsanto’s rejection, saying the proposal offered immediate […]

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