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Intergraph Process, Power & Marine Agrees to Acquire NESTIX

2016-06-13 10:50:00| Offshore Technology

Finnish company is a leading developer of production management solutions for part fabrication and welding assembly.

In turnaround, Sweden agrees to continue nuclear power

2016-06-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Channel News Asia: Sweden's left-wing government struck a deal with the opposition Friday (Jun 10) to continue nuclear power for the foreseeable future, backtracking on its pledge to phase out atomic energy. The government coalition, made up of the Social Democrats and the Greens, had agreed in October 2014 to freeze nuclear energy development, while the opposition has been in favour of building new reactors. The deal is aimed at securing long-term energy supplies to households and industry, the government said....

Tags: power continue sweden nuclear

MTN Nigeria agrees to pay NGN 330 bln fine over 3 years

2016-06-10 15:39:00| Telecompaper Headlines

(Telecompaper) MTN Nigeria has announced that it has reached an agreement with the government of Nigeria over its fine for failing to cut off unregistered SIMs. The operator said it has agreed to pay a total cash amount of NGN 330 billion over three years, which is the equivalent of USD 1.671 billion at the official exchange rate and USD902 million at the Lagos Parallel Market Rate. It will pay this to the national government in full and final settlement of the matter.

Tags: years pay fine nigeria