Energy & Mining – Weekly Industry News

Stellar Diamonds signs Baoulé diamond pipe JV agreement, By Leandi Kolver, Posted on Mining Weekly JOHANNESBURG (miningweekly.com) – Aim-listed Stellar Diamonds has signed a joint venture (JV) agreement with Guinea-based Société Tassiliman, through which it secured the option to acquire up to a 100% interest in the 5 ha diamondiferous Baoulé pipe, in Guinea. Located in the former…

Anti-Corruption & Fraud – Industry News

Why Corruption In Spain Is Soaring, by Harrison Jacobs, Posted on Business Insider Australia Corruption is rising faster in Spain than anywhere except for civil-war-torn Syria, according to Transparency International’s 2013 Corruption Perceptions Index (CPI), published on Tuesday. Spain dropped 10 places to 40 out of 177 in the corruption rankings. Anne Koch, Transparency International’s director for Europe…

Financial Services – Weekly Industry News

Russian, Italian state funds agree investment deal-official, Posted on Reuters Nov 25 (Reuters) – Russia’s state-backed private equity investment fund and Italy’s strategic state investment fund have agreed an investment deal of up to 1 billion euros ($1.35 billion), a senior Italian official said on Monday. [Read More…]   B2B: Transfer Pricing — First Practical…

Online Gaming – Industry News

Online gambling issues persist into second week of web betting in N.J., By Ryan Hutchins/The Star-Ledger , Posted on NJ.com Atlantic City – More than a week after online gambling began in New Jersey, casinos and their partners are still struggling to verify the location of people who want to play on the new websites. Steve Callender, the…

Anti-Corruption & Fraud – Weekly Industry News

Comment: Australia must strike a higher note on anti-corruption, by Fleur Johns and David Hertzberg, Posted on SBS Australia’s anti-corruption legislative framework is meek compared to the US and the UK, with concerning implications for our global business dealings and diplomatic relations. Renewed claims before the Victorian Supreme Court that Leighton Holdings engaged in corrupt practices, allegedly…

Energy & Mining – Industry News

SEMAFO Sells Its Interest in the Samira Hill Mine in Niger, Posted on Market Watch MONTREAL, QUEBEC, Dec 02, 2013 (Marketwired via COMTEX) — SEMAFO Inc. CA:SMF -1.61% (omx:SMF) today announced the closing of the sale of its 80% interest in Societe des Mines du Liptako S.A. (“SML”) to Societe de Patrimoine des Mines du Niger S.A.(“SOPAMIN”). African GeoMin…

Insurance and Reinsurance – Weekly Industry News

Buyers urged to better articulate cyber risks, By Sarah Veysey, Posted on Business Insurance LONDON — Insurance buyers need to better articulate the cyber risks that their organizations face to secure coverage outside of the narrow bands available in the market, a leading cyber insurance broker said during a panel discussion Wednesday. There is about $1 billion…

Online Gaming – Industry News

201113- ONLINE GAMBLING: COMMISSION ACTS AGAINST GAMBLING LEGISLATION OF SEVERALl MEMBER STATES, Posted on EGBA 20 November 2013. Today the European Commission launched formal infringement proceedings against the online gambling legislation of 6 Member States and issued 2 ‘reasoned opinions’ against Sweden for failing to comply with EU law. This move follows repeated calls from…

Financial Services – Weekly Industry News

Russian, Italian state funds agree investment deal, By Giselda Vagnoni and Stephen Jewkes, writing by Catherine Hornby; editing by Ralph Boulton,  Posted on Reuters Reuters) – Russia’s state-backed private equity investment fund and Italy’s strategic state investment fund have agreed a deal to invest up to 1 billion euros ($1.35 billion) in companies and projects in the two countries, officials said…

Life Sciences – Weekly Industry News

(BW) Teva and Mylan Settle Copaxone(R) Patent Litigation in France, the UK and the Netherlands, Posted on The Wall Street Journal JERUSALEM–(BUSINESS WIRE)–November 25, 2013–  Teva Pharmaceutical Industries (NYSE:TEVA) and Mylan Inc. (NASDAQ:MYL) today announce that certain of their affiliates have agreed to settle and dismiss pending patent litigation involving Copaxone(R) (glatiramer acetate) in the United…

Anti-Corruption & Fraud – Weekly Industry News

Officials, others held in Poland over corruption, Posted on Boston.com WARSAW, Poland (AP) — Eighteen people including current and former state officials were detained in Poland on Tuesday on suspicion of large-scale corruption, investigators said. The detentions are a blow to the government of Prime Minister Donald Tusk, which is seeking to improve its image halfway…