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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

October 15, 2016 by · Leave a Comment 

Samsung Galaxy Note 7 smartphone devices will be banned from aircraft in the United States starting on Saturday at noon EDT (1600 GMT) under an emergency order, regulators said on Friday after numerous reports of the

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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

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India and Russia sign energy, defense deals worth billions

October 15, 2016 by · Leave a Comment 

India and Russia signed billions of dollars of defense and energy deals on Saturday at a summit that sought to inject new life into a relationship that has been tested by shifting global alliances and conflict in the Middle East. Under the biggest agreement, a group led by Russian state oil major Rosneft said it would pay $12.9 billion for a controlling stake in both India's Essar Oil and port facilities that it owns. The countries, …

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India and Russia sign energy, defense deals worth billions

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Redstone’s granddaughter says she backs Viacom’s directors

June 2, 2016 by · Leave a Comment 

The independent directors have questioned Sumner Redstone's mental competence, and said they will legally contest any move by his purported representatives to remove them from Viacom's board. “I will soon be announcing legal steps to join with the Viacom directors in our common cause to liberate my grandfather from Shari's clutches and protect my fellow trust beneficiaries and myself …

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Redstone’s granddaughter says she backs Viacom’s directors

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Uber raises $3.5 billion from Saudi Arabia’s sovereign wealth fund

June 2, 2016 by · Leave a Comment 

By Heather Somerville SAN FRANCISCO (Reuters) – Uber [UBER.UL] has raised $3.5 billion from Saudi Arabia's sovereign wealth fund, the U.S. ride-hailing service said on Wednesday, gaining a crucial partner in its expansion into the Middle East. The investment from the Saudi Arabian Public Investment Fund…

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Uber raises $3.5 billion from Saudi Arabia’s sovereign wealth fund

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Exclusive: France’s Sephora to open shops in Iran next year

October 30, 2015 by · Leave a Comment 

By Astrid Wendlandt and Pascale Denis PARIS (Reuters) – France's Sephora plans to open several shops in Iran starting next year, becoming one of the first major European specialist cosmetics retailers to directly invest in the country as it emerges from years of economic sanctions. Sephora, part of luxury industry leader LVMH , running around 2,000 outlets worldwide, is keen to build its presence in Iran …

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Exclusive: France’s Sephora to open shops in Iran next year