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Chinese Government to Pay Cities $1.6 Billion to Reduce Air Pollution

2014-02-17 18:22:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The Chinese government is so disturbed by its nation`s growing reputation for poor air quality that is willing to pay cities that try to buck the trend. China`s cabinet has announced the development of a fund worth $1.6 billion to reward cities and regions that make efforts to control key areas of pollution, according to a report from The Associated Press (AP). Key goals include controlling particulate matter in the air, curbing coal consumption, promoting "high-quality gasoline" for vehicles,...

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Toyota may pay $1 billion to settle federal criminal investigation

2014-02-12 05:32:33| Automakers - Topix.net

Toyota Motor Corp. is reportedly close to paying a $1 billion fine to settle a four-year federal criminal investigation into whether it properly reported safety complaints to regulators.

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Johnson & Johnson agrees to pay $2.5 billion to resolve thousands of hip replacement lawsuits

2013-11-20 01:36:49| Biotech - Topix.net

Johnson & Johnson said late Tuesday that it will pay $2.5 billion to settle thousands of lawsuits brought by hip replacement patients who accuse the company of selling faulty implants that led to injuries and additional surgeries.

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Starbucks to Pay Mondelez $2.76 Billion to Settle Bagged-Coffee Dispute

2013-11-13 05:14:39| Food - Topix.net

Starbucks Corp. said it would pay Mondelez International Inc. $2.76 billion to settle a dispute over the coffee-shop chain's bagged coffee business.

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ONGC to Pay Anadarko $2.64 Billion for Stake in Gas Field

2013-08-26 05:12:47| Telecom - Topix.net

ONGC Videsh Ltd., a unit of India's biggest energy explorer Oil & Natural Gas Corp., agreed to pay $2.64 billion to buy a 10 percent stake in a Mozambique gas field from Anadarko Petroleum Corp. The liquefied natural gas project "is strategically located to supply LNG to India at a competitive price," New Delhi-based ONGC said today in statement on ... (more)

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