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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
Eastridge mall in San Jose is bought for $200 million
2016-01-16 09:55:41| Real Estate - Topix.net
A joint venture has bought San Jose's landmark Eastridge mall for $200 million and signed high-profile retailer H&M to a lease for the regional mega-mall, executives said Friday. Pacific Retail Capital Partners and Silverpeak Real Estate Partners teamed up to buy the 1.4 million-square-foot Eastridge mall near the interchange of U.S. 101 and Tully Road.
$2.5 million donation boosts support for hotel college facility at UNLV
2016-01-15 20:19:00| American School & University
Marriott Foundation gift support university's plans for 93,000-square-foot Hospitality Hall read more
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hotel
college
million
CSX Plans $272 Million Intermodal Rail Terminal in NC
2016-01-15 08:43:55| Railroads - Topix.net
Florida-based transportation giant CSX Corp. is planning a $272 million intermodal rail terminal in North Carolina serving the Raleigh region that it envisions as a major transportation hub to make the state's ports more competitive. The major freight rail infrastructure project in the Triangle project will spur economic development and help position the region as a major transportation logistics hub, says the company.
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