Chevron ordered to pay $19bn in environment damages
Washington - AFP
Chevron has been ordered to pay more than $19 billion in environmental damages, $1 billion more than originally decided, after an Ecuadoran court adjusted the amount on appeal, a source said. "Due to an involuntary calculation error, the reparations now amount to $19,021,552,000," said a court source in the northeastern Amazonian province of Sucumbios. Some 30,000 indigenous people and local farmers say the US oil firm Texaco contaminated large areas of Ecuador's Amazon Jungle when it operated in the region from 1964 to 1990, roughly a decade before Chevron acquired the company. After years of litigation, an Ecuadoran court in February 2011 ordered the company to pay $18 billion in damages.
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UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
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BA owner to buy bankrupt Austrian airline Niki
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
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Saudi will prepare a forum to support small and medium enterprises
GMT 20:54 2017 Saturday ,07 October
Toyota plans to build new Auris in UK on assumption of Brexit transition deal
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Japan's 'Virtual Currency Girls' debut
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Canine couture cuts a dash
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Vegas shooter's girlfriend says had no clue planning carnage
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Vivid accounts of Spain attacks from five witnesses
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US stocks at records; euro gains on hopes of German political deal
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ESPA unveils All is Calm All is Bright Christmas collections and debut advent calendar
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George W Bush slams Trump-era politics
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Slash antibiotic use in animals
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