Month: November 2018

U.S. SEC fines Floyd Mayweather and DJ Khaled over token offerings

Boxer Floyd Mayweather Jr. and music producer DJ Khaled failed to disclose payments they received for promoting investments in initial coin offerings, the U.S. Securities and Exchange Commission (SEC) said on Thursday. Neither Mayweather nor Khaled Mohamed Khaled admitted or denied the regulator’s charges, but agreed to pay a combined $767,500 in fines and penalties,… Read More U.S. SEC fines Floyd Mayweather and DJ Khaled over token offerings

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Unilever chief executive Paul Polman set to retire following headquarters row 

Unilever’s Chief Executive Paul Polman will step down next month after 10 years in the job, leaving insider Alan Jope to step into his shoes after the Anglo-Dutch group’s failed attempt to shift its headquarters. A UK investor revolt forced Polman and the Unilever board to scrap a plan in October to move the headquarters… Read More Unilever chief executive Paul Polman set to retire following headquarters row 

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U.S. Army awards Microsoft $479.2million contract to supply augmented reality system prototypes

The U.S. Army said on Wednesday that it has awarded Microsoft Corp a $479.2 million contract to supply prototypes for the Army’s augmented reality systems helping soldiers in training and combat missions. The Army posted the contract award on its website. “Augmented reality technology will provide troops with more and better information to make decisions,”… Read More U.S. Army awards Microsoft $479.2million contract to supply augmented reality system prototypes

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Ukraine’s President Petro Poroshenko accuses Russia of plans to annex his country

Ukrainian President Petro Poroshenko accused Russia’s Vladimir Putin on Thursday of wanting to annex his entire country and called for NATO to deploy warships to a sea shared by the two nations. Poroshenko’s comments to German media were part of a concerted push by Kiev to gain Western support for more sanctions against Moscow, securing… Read More Ukraine’s President Petro Poroshenko accuses Russia of plans to annex his country

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Russia blocks two Ukrainian Azov Sea ports

Two Ukrainian Azov Sea ports, Berdyansk and Mariupol, are effectively under blockade by Russia as vessels are being barred from leaving and entering, Ukraine’s infrastructure minister, Volodymyr Omelyan, said on Thursday. Overall, 35 vessels have been prevented from carrying out normal operations and only vessels moving towards Russian ports on the Azov Sea are permitted… Read More Russia blocks two Ukrainian Azov Sea ports

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Two U.S. Navy ships pass through Taiwan Strait

The United States sent two Navy ships through the Taiwan Strait on Wednesday in the third such operation this year, as the U.S. military increases the frequency of transits through the strategic waterway despite opposition from China. The voyage risks further raising tension with China but will likely be viewed in self-ruled Taiwan as a… Read More Two U.S. Navy ships pass through Taiwan Strait

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U.S. considering tougher checks, restrictions of Chinese students over espionage fears

The Trump administration is considering new background checks and other restrictions on Chinese students in the United States over growing espionage concerns, U.S. officials and congressional sources said. In June, the U.S. State Department shortened the length of visas for Chinese graduate students studying aviation, robotics and advanced manufacturing to one year from five. U.S.… Read More U.S. considering tougher checks, restrictions of Chinese students over espionage fears

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Scores injured as magnitude-6.3 earthquake hits western Iran

Iran said on Sunday that no fatalities had been reported but that about 200 people were injured after an earthquake of magnitude 6.3 struck near its western border with Iraq, Iranian state TV reported. The tremor was also felt in the Iraqi capital Baghdad and in Kuwait. “About 200 to 210 people have been injured… Read More Scores injured as magnitude-6.3 earthquake hits western Iran

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