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New mobile payment contender looms as Rocket and PLDT team up

2015-01-06 12:41:04| IT Services - Topix.net

A few months before its lukewarm IPO late last year, Germany's Rocket Internet took a $446 million investment from the Philippine Long Distance Telephone Company , the largest telecoms operator in the Philippines. At the time, Rocket and PLDT said they were going to work together on mobile and online payment technologies - and now we know more about that arrangement.

Tags: up team mobile payment

 

BG Group receives $350m payment from Egyptian Government

2015-01-05 01:00:00| Hydrocarbons Technology

UK-based oil and gas firm BG Group has received a $350m payment from the Egyptian Government after the country's decision to repay outstanding debts to the energy industry.

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AuRico, Crocodile revise payment arrangement from sale of two Aussie gold mines

2014-12-22 15:23:58| Energy - Topix.net

AuRico Gold Inc. will receive $20-million cash and a stream of royalty payments from Crocodile Gold Corp. under a revised agreement between the two companies. Under that plan, AuRico could have received more than $45 million from the mines' cash flow but over a longer period of time and after certain conditions were met.

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AuRico, Crocodile revise payment arrangement from sale of two Aussie gold mines

2014-12-22 15:07:03| Oil & Gas - Topix.net

AuRico Gold Inc. will receive $20-million cash and a stream of royalty payments from Crocodile Gold Corp. under a revised agreement between the two companies. Under that plan, AuRico could have received more than $45 million from the mines' cash flow but over a longer period of time and after certain conditions were met.

Tags: sale gold payment arrangement

 

Real Estate Mailbag: Is it legal to send insurance payment to lender?

2014-12-20 10:17:19| Real Estate - Topix.net

DEAR BENNY: My house was substantially damaged by a fire. My insurance company has been very responsive, but I have just been advised that they will be sending me a check for the damage payable to me and to my mortgage lender? Is this legal? DEAR CARLOS: Unfortunately, yes.

Tags: to send real legal

 

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