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Vimpelcom takes USD 900 mln charge for Uzbek investigation

2015-11-03 08:46:00| Telecompaper Headlines

(Telecompaper) Vimpelcom announced it will take a provision of USD 900 million to cover potential liabilities in the investigation into its Uzbekistan activities. Vimpelcom said it was still in talks with the authorities on resolving the case and there was no assurance as to the final cost to the company. The Securities and Exchange Commission and Department of Justice in the US where Vimpelcom is listed and the Public Prosecutor (Openbaar Ministerie) of the Netherlands where Vimpelcom is based are investigating how Vimpelcom obtained its operating licence in Uzbekistan. The company is suspected of paying bribes to a close relative of Uzbek president Islam Karimov, in exchange for access to Uzbekistan's telecommunications market. Vimpelcom has been in talks with the authorities on settling case since early this year.

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Roads may one day charge your electric car while you're driving

2015-10-29 18:07:11| Wireless - Topix.net

At least two universities are testing or preparing to test wireless charging stations embedded along roadways that will incrementally recharge vehicles as they drive over them. Clemson University's International Center for Automotive Research in Greenville, S.C., has been testing stationary wireless vehicle charging and is now preparing to test mobile wireless recharging for vehicles.

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New chairman takes charge at Kennametal; Mascaro partners to develop gas infrastructure

2015-10-28 08:22:29| Industrial Machines - Topix.net

Retired Mosaic Co. executive Lawrence Stranghoener was elected chairman of the board of Kennametal.

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Could we charge our phones through the air?

2015-10-27 22:11:06| Wireless - Topix.net

Can you imagine a world in which you never need to plug your phone in to charge again? You walk down the street or into a cafe or hotel and tiny beams of energy wirelessly charge your phone. That's the claim of one California-based entrepreneur and inventor.

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