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Business Strategy Contracts

  • May 26- Canada's BlackBerry Ltd said on Friday that U.S. chipmaker Qualcomm Inc has agreed to pay the software maker $940 million, including interest and legal fees, to settle a royalty dispute. Qualcomm had said in April that it would have to refund BlackBerry $814.9 million, plus interest and attorneys' fees, in an arbitration over royalties for certain past...

  • BEIRUT, May 24- Iran has signed a contract worth more than 550 million euros with Spain's Tubacex to buy corrosion resistant alloy pipes for its oil industry, the oil ministry's news agency reported on Wednesday. An agreement between Iran and Western powers led to a number of sanctions being lifted in January 2016 in exchange for curbs on the country's nuclear...

  • The hard drive assembly line at Western Digital.

    Western Digital has sought international arbitration to stop partner Toshiba from selling its chips arm without its consent.

  • TOKYO, May 15- Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. A legal battle could delay or put an end to the auction that could fetch some $18 billion and has attracted suitors such as...

  • TOKYO, May 15- Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. California- based Western Digital is a long-standing joint venture partner in Toshiba's main semiconductor plant in...

  • TOKYO, May 15- Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. California- based Western Digital is a long-standing joint venture partner and runs Toshiba's main semiconductor plant...

  • LONDON, May 12- U.S. oil firm Cobalt said it had filed requests for arbitration seeking more than $2 billion from Angola's state-run Sonangol after the two failed to reach an agreement on license deadline extensions on two deepwater blocks, company filings showed this week. It filed a separate request for arbitration against Sonangol seeking more than $174...

  • LONDON, May 12- U.S. oil firm Cobalt said it had filed requests for arbitration seeking more than $2 billion from Angola's state-run Sonangol after the two failed to reach an agreement on licence deadline extensions on two deepwater blocks, company filings showed this week. It filed a separate request for arbitration against Sonangol seeking more than $174...

  • Johnny Depp making headlines off-screen

    Johnny Depp is best known on-screen for his loveably flawed portrayal of Captain Jack Sparrow of the Pirates of the Caribbean franchise - among other roles.

  • Net income available to the company's shareholders rose to $888 million, or 72 cents per share, in the first quarter ended March 31 from $169 million, or 15 cents per share, a year earlier. Excluding a $386 million arbitration-related charge in the latest quarter, operating profit was $1.04 per share, topping the analysts' average estimate of 99 cents per share,...

  • April 19- Qualcomm Inc, the largest maker of chips used in smartphones, reported 9.6 percent fall in quarterly revenue, hurt by an arbitration decision to pay Canada's BlackBerry Ltd for previously received royalties. Net income attributable to the company fell to $749 million, or 50 cents per share, in the second quarter ended March 31, from $1.16 billion, or 78...

  • *Total signed first short-term LNG deal with Japan's JERA. PARIS, April 13- French oil and gas major Total has signed a short-term liquefied natural gas supply contract with Japan's JERA, signalling its willingness to offer flexible terms to traditional buyers amid a global glut and lower prices, the group's President for Gas, Renewable and Power told Reuters.

  • Trump's former adviser allegedly advising the Chinese

    Paul Manafort is reportedly advising a Chinese billionaire on how to win U.S. construction contracts from the federal government.

  • *Total signed first short-term LNG deal with Japan's JERA. PARIS, April 13- French oil and gas major Total has signed a short-term liquefied natural gas supply contract with Japan's JERA, signaling its willingness to offer flexible terms to traditional buyers amid a global glut and lower prices, the group's President for Gas, Renewable and Power told Reuters.

  • *Total signed first short-term LNG deal with Japan's JERA. PARIS, April 12- French oil and gas major Total has signed a short-term liquefied natural gas supply contract with Japan's JERA, signalling its willingness to offer flexible terms to traditional buyers amid a global glut and lower prices, the group's President for Gas, Renewable and Power told Reuters.

  • TORONTO, April 12- Canada's main stock index fell on Wednesday, as losses for its heavyweight financial and natural resource sectors offset a sharp boost in BlackBerry Ltd shares after it won an arbitration ruling against chipmaker Qualcomm Inc.. Major oil sands player Canadian Natural Resources Ltd fell 1.2 percent at C $44.72. "Earnings season is coming up...

  • TORONTO, April 12- Canada's main stock index slipped in morning trade on Wednesday, as losses for its heavyweight financial and natural resource sectors offset a sharp boost in BlackBerry Ltd shares after it won an arbitration ruling against chipmaker Qualcomm Inc.. BlackBerry surged 17.2 percent to C $12.04, its highest level since January 2016, after...

  • DUBAI, April 9- Iran's top security body is still reviewing the Iran Petroleum Contract model, Oil Minister Bijan Zanganeh was quoted as saying on Sunday, as the contracts aimed at attracting foreign investors appear to face fresh delays. In January, Iran named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects under the...

  • NEW YORK, April 6- Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an affinity for far-dated contracts, the CME Group Inc said on Thursday. Shale has since emerged as a resilient rival to the Organization of the Petroleum Exporting Countries...

  • CHIBA, Japan, April 6- Nigeria LNG has begun talks with potential buyers on new contracts for gas supplies from its first three production units at its liquefied natural gas terminal, a senior official from the African company told Reuters. He was attending the Gastech trade conference in Chiba outside Tokyo. Nigeria LNG is a venture between state-owned...