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Exclusive: Chevron puts Myanmar gas block stakes worth $1.3 billion up for sale - sources

2016-04-18 09:56:49| Oil & Gas - Topix.net

U.S. oil and gas major Chevron Corp has put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3 billion, would be the biggest deal involving Myanmar assets to date, financial sources familiar with the matter said. The sale, part of Chevron's efforts to preserve cash and retreat from non-core assets in the wake of sliding oil prices, is seen as setting the tone for future deals in a country that is opening up for business after historic elections last year.

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Forbes puts Turkey-born biotech billionaire's story on its cover

2016-04-16 02:35:05| Biotech - Topix.net

Forbes magazine has put the story of a Turkey-born biotech billionaire, Osman Kibar, who has been named the inventor of the "God Pill," along with his company Samumed on its latest cover as one of the top 30 global game changers in the world. "Samumed, the San Diego firm he [Kibar] has been stealthily building for a decade, is the most valuable biotechnology startup on the planet," said the Forbes story.

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Enduring Somalia drought puts hundreds of thousands at risk, UN warns

2016-04-13 15:09:09| Climate Ark Climate Change & Global Warming Newsfeed

IRIN: The severe drought in Ethiopia has made headline news. But it has also scorched northern Somalia a region far less able to cope with the impact. Some 385,000 people are already facing a hunger crisis in self-declared independent Somaliland and semi-autonomous Puntland, further to the east. The UNs emergency aid coordination body, OCHA, says an estimated 1.7 million people, nearly 40 percent of the 4.6 million people living in these areas, are in need of humanitarian assistance and livelihood...

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Wording Puts Truckers in Restart Limbo

2016-04-11 16:12:41| Trucking - Topix.net

Shannon Newton, the president of the Arkansas Trucking Association, recently traveled with representatives of state trucking companies to Washington, D.C., to meet with members of Congress about the rule being in a sort of limbo.

Tags: puts restart wording limbo

 

Apple FBI Tussle Puts Bull's-Eye on iPhone

2016-04-07 14:00:00| TechNewsWorld

The battle between the FBI and Apple over access to the iPhone of Syed Farook came to an abrupt end last week when the agency announced it no longer needed the company's assistance. Since the Department of Justice delayed a hearing on an order to force Apple to assist the FBI in brute-forcing the password, speculation has spread about how the agency planned to access the data.

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