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Contracts Arbitration

  • SANTIAGO, July 4- Chilean mining company Antofagasta Minerals, one of the biggest global copper producers, on Tuesday was facing potential strikes from workers at its Zaldivar mine and by supervisors at Centinela as contract talks continue. Meanwhile supervisors at Centinela mine have already voted to strike although they expect a government mediation...

  • LUANDA, July 3- Angola's state oil company Sonangol will soon respond to an arbitration request by U.S. oil firm Cobalt which is seeking more than $2 billion from the African company after the two failed to reach an agreement on license deadline extensions on two deepwater blocks, a company official said on Monday. "We will within two weeks at most, give an answer to...

  • WASHINGTON, June 27- California took another step on Tuesday toward allowing state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration, as a bill inspired by last year's Wells Fargo scandal passed a key Assembly committee. The bill has already passed the state Senate.

  • *Project would be first oil development in Senegal. *Woodside says Senegal govt confirms firm's participation. June 21- Woodside Petroleum on Wednesday confirmed that fellow Australian energy company FAR Ltd had requested arbitration in an ownership dispute that has delayed a promising oil project off Senegal.

  • DUBAI, June 18- Kuwait's ruler called on Sunday for Gulf Arab states to overcome a diplomatic dispute with Qatar that has led to the worst regional split in years, saying all parties had a duty to preserve regional unity. Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, who is leading mediation efforts after Saudi Arabia, the United Arab Emirates and Bahrain severed ties...

  • *Seeks injuction with California court. TOKYO, June 15- Western Digital Corp said it has sought a court injunction that would prevent Toshiba Corp from selling its NAND chip business until its arbitration case against the Japanese conglomerate has been decided. In May, the California- based firm sought international arbitration arguing that Toshiba needs its...

  • DOHA/ DUBAI June 6- Qatar's ruler postponed an address to his country on Tuesday over its sudden and damaging diplomatic isolation from other leading Arab nations, in order to allow Kuwait some time and room to mediate. Qatar's foreign minister, Sheikh Mohammed bin Abdulrahman al-Thani, said Doha was ready for mediation efforts after Saudi Arabia, Egypt, the...

  • WASHINGTON, May 31- California lawmakers are making headway on legislation to allow state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration. The state Senate on Tuesday passed the bill, spurred by last year's Wells Fargo phantom accounts scandal. "Instead of allowing victims to have...

  • TOKYO, June 1- Toshiba Corp has moved some of the assets of its memory chip unit back to the parent company in a bid to ward off Western Digital Corp's legal claim that the Japanese conglomerate cannot sell the unit without the U.S. partner's consent. Western Digital, which jointly owns a semiconductor plant with Toshiba in Japan, sought international arbitration...

  • KIEV, May 31- Ukraine's Naftogaz said on Wednesday an arbitration court in Stockholm had ruled in its favor in a dispute with Gazprom over take-or-pay gas contracts, although the Russian firm said the ruling was an interim stage in the court process. The result was welcomed by Ukrainian leaders as a breakthrough in Kiev's bid to reduce its energy dependence on...

  • TOKYO, June 1- Toshiba Corp has moved some of the assets of its memory chip unit back to the parent company to ward off Western Digital Corp's legal claim that the Japanese conglomerate cannot sell the unit without the U.S. partner's consent. Western Digital, which jointly owns a semiconductor plant with Toshiba in Japan, sought international arbitration in mid...

  • KIEV, May 31- Ukraine's Naftogaz said on Wednesday an arbitration court in Stockholm had ruled in its favor in a dispute with Gazprom over take-or-pay gas contracts, although the Russian firm said the ruling was an interim stage in the court process. The gas dispute is a byproduct of the worsening relations between Kiev and Moscow since Russia's annexation of...

  • *Singapore wants to be LNG arbitration hub for Asian LNG trade. *Trafigura proposes Singapore as Asian LNG arbitration venue. SINGAPORE, May 31- A spat brewing between Qatar, the world's No.1 producer of liquefied natural gas, and its biggest customers in Japan underscores rising tensions between buyers and sellers of the super-chilled fuel as a supply glut...

  • WINNIPEG/ MONTREAL, May 29- Canadian rail shippers are urging Ottawa to intervene in a looming strike at Canadian National Railway Co, the country's largest railroad, fearing that a shut-down would immediately damage business. Freight Management Association of Canada wrote to Labour Minister Patty Hajdu on Sunday asking her to impose binding arbitration to...

  • WINNIPEG/ MONTREAL, May 29- Canadian rail shippers are urging Ottawa to intervene in a looming strike at Canadian National Railway Co, the country's largest railroad, fearing that a shut-down would immediately damage business. Freight Management Association of Canada wrote to Labour Minister Patty Hajdu on Sunday asking her to impose binding arbitration to...

  • 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...

  • MANILA, May 19- Philippine President Rodrigo Duterte said on Friday Chinese counterpart China Xi Jinping had warned him there would be war if Manila tried to enforce an arbitration ruling and drill for oil in a disputed part of the South China Sea. In remarks that could infuriate China, Duterte hit back at domestic critics who said he has gone soft on Beijing by...

  • SAN JUAN, May 17- Puerto Rico's main creditors, meeting before a U.S. bankruptcy judge in the largest public finance restructuring case in history, are interested in continuing mediation settlement talks to resolve the island's unpayable $70 billion debt bill. In the first hearing since the U.S. commonwealth filed for bankruptcy on May 3, a lawyer for Puerto...

  • SAN JUAN, May 17- Puerto Rico's main creditors, meeting before a U.S. bankruptcy judge in the largest public finance restructuring case in history, are interested in continuing mediation settlement talks to resolve the island's unpayable $70 billion debt bill. A lawyer for Puerto Rico's federal financial oversight board told U.S. district court judge Laura...

  • 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.