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14:48 TeliaSonera to take $844 million Uzbekistan, Denmark charges
2016-01-16 12:48:46| Telecom - Topix.net
TeliaSonera AB wrote down the value of its Uzbekistan operations by 5.3 billion kronor as the Swedish company prepares to pull out of the country that is the center of several legal probes over alleged bribery tied to phone licenses, reports Bloomberg. The accounting method for the Eurasian business will be changed to one based on estimated sales proceeds rather than on discounted cash flow, the company said Thursday in a statement.
Tags: million
charges
denmark
uzbekistan
14:48 TeliaSonera to take $844 million Uzbekistan, Denmark charges
2016-01-16 12:45:55| IT Services - Topix.net
TeliaSonera AB wrote down the value of its Uzbekistan operations by 5.3 billion kronor as the Swedish company prepares to pull out of the country that is the center of several legal probes over alleged bribery tied to phone licenses, reports Bloomberg. The accounting method for the Eurasian business will be changed to one based on estimated sales proceeds rather than on discounted cash flow, the company said Thursday in a statement.
Tags: million
charges
denmark
uzbekistan
14:48 TeliaSonera to take $844 million Uzbekistan, Denmark charges
2016-01-16 11:08:56| Appliances - Topix.net
TeliaSonera AB wrote down the value of its Uzbekistan operations by 5.3 billion kronor as the Swedish company prepares to pull out of the country that is the center of several legal probes over alleged bribery tied to phone licenses, reports Bloomberg. The accounting method for the Eurasian business will be changed to one based on estimated sales proceeds rather than on discounted cash flow, the company said Thursday in a statement.
Tags: million
charges
denmark
uzbekistan
Uzbekistan still using forced labour in 2015
2015-12-18 16:21:00| Daily apparel & textile news and comment - from just-style.com
The government of Uzbekistan continued to use forced labour in 2015, a new report suggests, with more than 1m citizens compelled through various means to grow and pick cotton.
Tags: forced
labour
uzbekistan
World Bank urged to stop Uzbekistan loans over cotton labour
2015-11-25 12:02:00| Daily apparel & textile news and comment - from just-style.com
Groups including those representing global apparel retailers and importers, are urging the World Bank to suspend loans to Uzbekistan over concerns about the use of forced labour in this autumn's cotton harvest.
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