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Maritime Varsity: Ugborodo Community Dumps Warri Kingdom, Supports Okerenkeko Location … Alleges Olu of Warri Trying To Cause Fresh Crisis

Nigeria (Blank NEWS Online) –:  The people of Ugborodo Community in Warri South West Local Government Area of Delta State have said that they are satisfied with the current  location […]




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Happy ending for pups in drain

Puppies Mario and Luigi gambolled on the grass just days after being rescued from a drain in Cato Manor. A third puppy remains missing.




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Don't experiment with teachers and pupils by reopening schools prematurely during pandemic, union warns Motshekga

National Union of Public Service and Allied Workers says schools only be reopened when authorities can ensure everyone's 100% safety.




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SA military hardware exported to Turkey may end up in Libya or Syria

It is simply unfathomable that the National Conventional Arms Control Committee approved the export of military hardware to Turkey when that country is at war, both in Libya and in Syria.





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Auto Industry Interest Group Warns Moving Operations Overseas If Kia Loses Lawsuit

Ahead of the lower court decision on the definition of ordinary wage involving Kia Motors as a defendant, the nation's car makers warned that they would move their plants overseas if Kia loses the lawsuit. The Korea Automobile Manufacturers Association whose members include Hyundai Motor, Kia Motors, GM Korea, Renault Samsung, and Ssangyong Motor, said in a statement, "If Kia Motors must pay an additional labor cost of 3 trillion won after the ordinary wage litigation, we have no choice but to c...




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Punitive Damage Soon to Rise to Full Triple from up to 3 Times...FTC Chairman

Kim Sang-jo, Chairman of the Fair Trade Commission, said, "Our commission will soon announce plans to stop the practice of large companies using technology of small enterprises without proper compensation." He held a press conference on August 13 at the Sejong government complex in relation to his agency's bid to root out unfair practices in the retail industry and said, "The biggest obstacle for small- and medium-sized enterprises for their further development is the uneven relationship with...




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China's ZZQC Int'l Business Group to Move into Korean Market in Earnest

ZZQC International Business Group, China's major investment firm, will likely take part in Cityscape Korea 2017, the nation's largest international real estate trade show, signaling that it is moving into the Korean market in earnest. According to the secretariat office of Cityscape Korea on August 8, ZZQC will set up a booth in the Korea Economic Daily-sponsored exhibition and send five top executives to meet local developers and public agency officers. During the trade show period, the C...




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Hyundai Motor Set to Develop Pickup Truck Model Aiming at U.S. Market

Hyundai Motor is currently in the works to develop a pickup truck model for the U.S. market. Michael O'Brien, vice president in charge of product planning for Hyundai Motor America, said on August 22 in a press conference, "The top management approved a project to develop a pickup truck model." Pickup trucks are highly popular in the United States. There is only one pickup truck model available in Korea, which is Ssangyong Motor's Korando Sports.Hyundai Motor unveiled a pickup truck concept mode...




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Gov't Recouped Public Funds Only 68% for 20 Years

A government study said it had injected a total of 168.7 trillion won (US$150.8 billion) since the 1997 Asian financial crisis as part of an effort to clean up insolvent financial services firms and has only recouped 115 trillion won as of the end of the second quarter of this year. This is the recovery ratio of 68.3 percent in 20 years' time. Even though it looks good in appearance, there is a big difference from that of the U.S. government. The U.S. government had spent $426.4 billion for...




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Mixed Fortunes of LG Group and Hyundai Group in Terms of Market Value

The market value of LG Group companies has moved up to the third place after overtaking that of Hyundai Motor Group following Samsung and SK. Hyundai Motor lost out to LG after giving away the second place to SK Group in June this year. According to the Korea Exchange on September 6, the aggregate market capitalization (including that of preferred stocks) of LG Group's 16 publicly listed affiliates was 96,883 billion won as of the end of September 5. On the same day, the value of 16 publicly ...





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Update on the New Prospectus Regulation

Background The new Prospectus Regulation came into force on 20 July 2017 and is similar to the current Prospectus Directive (2003/71/EC) but there are some relaxations to the regime which will be helpful to traded companies and whilst the majority o...




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HR e-briefing 200 - Tax incentives for employer-supported children

With increasing numbers of working parents comes a sharper focus on employer support for childcare arrangements.  On 6 April 2005, the Government is to introduce new tax incentives in relation to childcare arrangements which are intended t...




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Bank Holiday decision sees UK catch up with rest of Europe

Government plans to ensure that workers don't have to take Bank Holidays as part of their annual leave will see the UK start to catch up with its European counterparts in terms of holiday provision. Currently up to two million workers in the UK hav...




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The Week In Russia: Up In The Air -- The Future’s Uncertain And So Is The Past

As Russia prepared for scaled-down Victory Day ceremonies, coronavirus infections rose fast and Moscow's mayor suggested the real numbers may be much higher than the official count.



  • Steve Gutterman's Week In Russia
  • Russia
  • Picks
  • Blogs
  • Steve Gutterman's Week In Russia

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Afghan Farmers Supply Opium Trade As Money Dries Up

Farmers in Afghanistan are growing poppies in government-controlled areas, insisting that there are no real economic alternatives to cultivating the flowers for the opium trade. It's estimated that Afghanistan's poppy fields are the source for much of the world's illegal heroin supply.





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Covid 19 coronavirus: Up to two-week wait for The Warehouse deliveries

The Warehouse is advising customers on its website deliveries could take up to two weeks to arrive.It said while it was trying to get through orders as quickly as possible, because of the high number of orders it was struggling...




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Guin�e Bissau: Mercato - Le PSG connait le prix � payer pour Dayot Upamecano

Auteur d'une excellente saison avec le RB Leipzig, Dayot Upamecano est tr�s convoit� sur le march�. ......




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Les dettes des compagnies p�troli�res aupr�s de l'Etat s'�l�vent � 67 millions de dollars

Le volume des dettes des compagnies p�troli�res aupr�s de l'�tat, s'�l�ve � 67 millions de dollars (l'�quivalent de 194 millions de dinars), a r�v�l� le minist�re de l'�nergie, des Mines et de la Transition �nerg�tique. ......




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Alg�rie: R�pression de la Corruption - 15 fonctionnaires des Finances mis � la disposition de l'OCRC

Alger -Le nombre de fonctionnaires...




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KZN couple stabbed multiple times during house robbery

Police are investigating a house robbery in which a couple in Amanzimtoti, on the south coast of KwaZulu-Natal, believed to be in their 50s was stabbed. ......




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Coronavirus - Malawi: COVID-19 Daily Information Update (9th May 2020) APO Group - Africa-Newsroom: latest ...

Download logo New Cases: 13 Total Confirmed Cases: 56 Total Active Cases: 39 Total Recovered: 14...




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Coronavirus: Zambia COVID-19 Statistics Status Update (9th May 2020) Coronavirus: Zambia COVID-19 Statistics Status Update ...

New: 85 confirmed cases (reported from 9 Lusaka, 76 Nakonde); 3 deaths (reported from 2 Lusaka, 1...




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Coronavirus - Africa: COVID- 19 ECOWAS Daily Update for May 8, 2020

(MENAFN - African Press Organization) COVID-19 ECOWAS Daily Update for May 8, 2020Distributed by APO Group on behalf of West African Health Orga... ......




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Married couple, 85 and 86, die in Delaware cemetery shooting

A married couple from Maryland ages 85 and 86 were the victims of a deadly shooting at a veterans cemetery in Delaware.




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Coronavirus – Legal consequences of supply shortages – Germany

1.1 What impact might production downtime or circumstances with similar effect have on supply contracts? Reduced production or similar measurements and resulting supply shortages can cause severe problems to distributors or intermediaries, as they ...




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The World Cup, Le Tour de France and the Commonwealth Games: Tempting times for ambush marketing

During major sporting events, certain brands will actively pursue an “ambush marketing” strategy meaning that they will deliberately seek to associate their products with an event, despite not being one of the official sponsors. However,...




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European Commission aims to level the playing field between suppliers and large customers by introducing recommendations on unfair trade practices

European Commission aims to level the playing field between suppliers and large customers by introducing recommendations on unfair trade practices The European Commission recently adopted a Communication encouraging EU Member States to look at ways ...




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Germany: Federal Cartel Office bans food retail giant EDEKA from squeezing suppliers, Edeka goes to Court

The German Federal Cartel Office (“Bundeskartellamt”, BKartA) has issued a decision stating that attempts by Germany’s largest supermarket, EDEKA, to force suppliers to grant it so called “wedding rebates”, in the form ...




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Malawi Top Court Upholds Presidential Election Re-Run

President Peter Mutharika, whose win in last year's vote was challenged, had appealed the re-run, which is now to be held July 2




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Brexit update: implications for the UK capital markets regime

The UK Government’s firm intention is that the UK will leave the European Union at 11 pm on 31 January 2020. As part of the withdrawal agreement setting out the terms of the UK’s exit (Withdrawal Agreement), the EU and the UK have agree...




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Coronavirus - Update for UK companies - UK

Year end reporting and filing accounts Year end reporting and audit As a reminder, the Financial Reporting Council (FRC) published advice to all companies and auditors in February on COVID-19 related risk disclosures in year-...




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Eversheds Sutherland supports SPX FLOW on the sale of its Power and Energy segment

Eversheds Sutherland has supported SPX FLOW on the sale of its Power and Energy segment to funds managed by affiliates of Apollo Global Management, Inc for approximately $400 million. SPX FLOW are based in Charlotte, North Carolina and are a leading...




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Eversheds Sutherland advises CEO and owner of Sarcus group on the sale to private equity investor Maxburg Capital Partners

Eversheds Sutherland has advised the CEO and owner of Saracus group on the sale of the group to an investment fund managed by private equity investor Maxburg Capital Partners. The parties agreed to keep the purchase price confidential. The client wi...




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The Greater Good: real estate supporting the fight against covid-19

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Retail groups with Swiss financing arrangements

The Swiss Federal Supreme Court recently considered whether a dividend distributed by a Swiss company that participated in a zero balancing financing arrangement had been distributed lawfully. The case refers back to 2001 when Swisscargo AG distribu...




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UPC Preparatory Committee launches fees consultation

The Preparatory Committee for the Unified Patent Court (“UPC”) has published a consultation document providing the proposed fee structure of the UPC, a table of court fees, and details of the ceilings for recoverable costs. The consultat...




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Germany: Bundeskartellamt blocks takeover by food retailer EDEKA of Kaiser’s Supermarkets, Parties apply for ministerial authorization

On 31 March 2015, the German Federal Cartel Office (“Bundeskartellamt”, BKartA) announced that it has blocked the proposed takeover of approximately 450 Kaiser’s Tengelmann supermarket branches by EDEKA, the leading German food ret...




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Commission probes online restrictions on retailers - e-commerce sector inquiry update

It has been reported that the European Commission (the “Commission”) is asking retailers to detail the difficulties they face while trying to sell their products online, as part of the lengthy questionnaires sent to the retailers followi...




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Food / Retail Sector Update: European Commission President calls for review of supermarkets’ power

On 9 September 2015, in his first State of the Union address, European Commission President Jean-Claude Juncker called for a review of the power wielded over food markets by groups of retailers and the “need to break some retail oligopolies&rd...




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Food / Retail Sector Update: European Commission President calls for review of supermarkets’ power

On 9 September 2015, in his first State of the Union address, European Commission President Jean-Claude Juncker called for a review of the power wielded over food markets by groups of retailers and the “need to break some retail oligopolies&rd...




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Timber Regulation: Recent updates and developments

Background Since coming into force in 2013, the EU Timber Regulation 995/2010 (“Timber Regulation”) has placed a due diligence obligation on businesses, requiring systems to be put in place to minimise the possibility that illegally harv...




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Competition and Markets Authority publishes updated retail mergers commentary

Introduction The Competition and Markets Authority (“CMA”), the authority responsible for operating and enforcing the UK merger control regime, has published its updated Retail Mergers Commentary (“New Commentary”).1 The CMA ...




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Shipping: New BIMCO "SUPERMAN"

It is becoming increasingly common for a buyer to engage a third party service provider to supervise the construction of a new vessel on its behalf. However to date there has been no standard form contract upon which the buyer and supervisor could b...




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Spar Shipping A.S v Grand China Logistics Holding (Group) Co. Ltd [2016] EWCA CIV 982

In this case, the Court of Appeal provided a long awaited decision answering whether a charterer’s failure to pay an instalment of hire punctually is a breach of condition under a time charterparty thus enabling the shipowner to terminate the ...




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O.W Bunkers (US update) ING Bank v MV TEMARA

As is common practice now, ING Bank (“ING”) filed a number of cases asserting rights to amounts due and payable to O.W Bunker & Trading A/S (“O.W Bunker) for the provision of bunkers of fuel oil to vessels.  These cases in...




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Interrupting the ticking clock in respect of a counterclaim

It has always been imperative that a claimant keeps at the forefront of its mind that time is ticking and that any claim it wishes to make must be brought in time. The respective time limit may be set out in statute, such as the Limitation Acts or o...




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UK: Regulation of Network Rail: An update on ORR’s PR18 framework consultation, “Overall framework for regulating Network Rail: A PR18 Consultation – July 2017”

What is the purpose of the Consultation? The Office of Rail and Road (the “ORR”) is engaged in the 2018 regulatory review of Network Rail, known as the 2018 Periodic Review or “PR18”. PR18 will determine what Network Rail mus...