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Sweden's Ericsson in $8.3 billion 5G deal with Verizon

Agence France-Presse
Posted at Jul 16 03:31 PM

Swedish telecommunications group Ericsson unveiled Friday a contract worth $8.3 billion to provide US operator Verizon with equipment for its 5G network, its biggest single contract ever. Read more »

Global minimum tax deal: What you need to know

Agence France-Presse
Posted at Jul 07 02:09 PM

Some 130 nations have agreed to what would be the biggest international tax reform in a generation to clamp down on big companies that are gaming the rules. Read more »

Taiwan tells US it hopes to sign free trade deal

Ben Blanchard and Yimou Lee, Reuters
Posted at Jun 30 06:52 PM

Taiwan's chief trade negotiator John Deng said on Wednesday he told the United States he hopes the two can sign a free trade agreement, a deal which would be a strong show of US support in the face of relentless Chinese pressure against the island.   Read more »

Spielberg signs major streaming deal with Netflix

Agence France-Presse
Posted at Jun 22 03:25 AM

The partnership with arguably Tinseltown's top director is a coup for Netflix at a time when competition with streaming rivals including Disney+ and HBO Max is heating up. Read more »

LBC signs P1.6-billion loan deal with Union Bank for warehouse, land acquisition

ABS-CBN News
Updated as of Jun 01 09:24 AM

Proceeds of the loan will be used for the construction of its new warehouse, importation and installation of a sorting machine, and land acquisition via loan takeout, LBC express said. Read more »

Only half of LGUs' COVID-19 vaccine order from AstraZeneca expected to arrive this year

ABS-CBN News
Posted at Apr 21 09:39 PM

The Philippines' vaccine czar Sec. Carlito Galvez Jr. told lawmakers Wednesday that only half of the local government unit's (LGU) vaccine orders from British-Swedish drug firm AstraZeneca are expected to arrive this year, with the remainder to be delivered in 2022. Read more »

DiCaprio, Katy Perry urge Biden to refuse Brazil environment deal

Jake Spring, Reuters
Posted at Apr 21 01:17 PM

Dozens of US and Brazilian celebrities, including film actor Leonardo DiCaprio, pop star Katy Perry and musician Gilberto Gil, released a letter on Tuesday urging US President Joe Biden not to agree to any environmental deals with Brazil's President Jair Bolsonaro. Read more »

Kobe Bryant’s estate ends 18-year partnership with Nike

Field Level Media
Posted at Apr 21 01:48 AM

Bryant was reportedly growing frustrated with the sneaker giant prior to his death and that frustration continued with his estate after his death. Read more »

Iran starts up advanced centrifuges in nuclear deal breach

Marc Jourdier, Agence France-Presse
Posted at Apr 10 08:39 PM

Iran announced Saturday it has started up advanced uranium enrichment centrifuges in a breach of its undertakings under a troubled 2015 nuclear deal, days after the start of talks on rescuing the accord. Read more »

No indemnification, no deal: Why private firms can't buy COVID-19 vaccines directly from drugmakers

ABS-CBN News
Posted at Mar 31 09:06 AM

The private sector cannot buy COVID-19 vaccines directly as drugmakers want an indemnification deal which only government can provide, an official said Wednesday.   Read more »

China urges US to seek Iran nuclear talks after ‘new developments’

Teddy Ng and Rachel Zhang, South China Morning Post
Posted at Mar 26 09:41 PM

Beijing has told Washington there have been “new developments” in the Iran nuclear situation and urged it to restart talks on the issue. Read more »

'Wait for your turn': Duque, Galvez urge strict adherence to vaccination priority list

ABS-CBN News
Posted at Mar 25 08:02 PM

The Department of Health and the government task force in charge of the country's pandemic response issued a joint statement Thursday to reiterate that the vaccine prioritization framework must be followed in light of local officials and a celebrity already getting COVID-19 jabs. Read more »

South Korea to boost funding for US troops under new accord

Andrea Shalal and Hyonhee Shin, Reuters
Posted at Mar 08 09:55 AM

South Korea will increase its contribution to the cost of US forces stationed in the country under an agreement reached with the United States, the State Department said on Sunday, easing an irritant in ties between the 2 allies. Read more »

Globe inks interconnection deal with DITO for mobile calls, SMS

ABS-CBN News
Posted at Feb 24 06:59 PM

Globe Telecom said Wednesday it signed an interconnection deal with the country's third telco DITO Telecommunity which will enable subscribers of both telcos to make domestic mobile calls and send SMS without additional charges. Read more »

Sandiganbayan scolds Tuguegarao mayor for 'losing attention' during online hearing

Adrian Ayalin, ABS-CBN News
Posted at Feb 23 06:53 PM

The Sandiganbayan 7th Division scolded Tuguegarao City Mayor Jefferson Soriano for "losing attention" during a videoconference hearing over his alleged involvement in the anomalous Philippine National Police (PNP) chopper deal when he was still a police general.  Read more »

PH, Pfizer discussing ‘minor clauses’ on COVID-19 vaccine supply deal - WHO official

Kristine Sabillo, ABS-CBN News
Updated as of Feb 23 06:47 PM

The World Health Organization on Tuesday said the Philippines already received a side letter from COVID-19 vaccine manufacturer Pfizer and that minor details are just being finalized in order for the country to receive its much-needed vaccines.   Read more »

PLDT, DITO sign interconnection deal for fixed, wireless subscribers

ABS-CBN News
Posted at Feb 23 09:35 AM

PLDT said it would establish and manage the facility which would operate as the "primary physical interface" for both firms.  Read more »

No indemnification deal for Sinovac's COVID-19 vaccine - Palace

ABS-CBN News
Posted at Feb 22 05:12 PM

The Philippines did not sign an indemnification deal for the COVID-19 vaccine of Beijing-based Sinovac Biotech, Malacañang said on Monday.    Read more »

Saudi arms producer in defense venture with Lockheed Martin

Agence France-Presse
Posted at Feb 22 08:17 AM

Saudi Arabia's state arms producer signed an agreement Sunday with US contractor Lockheed Martin to form a joint venture, a statement said, as Washington reviews weapons sales to the kingdom. Read more »

Taiwan says BioNTech vaccine deal on hold, cites potential Chinese pressure

Reuters
Posted at Feb 17 03:28 PM

A deal for Taiwan to buy 5 million doses of a COVID-19 vaccine developed by Germany's BioNTech SE is on hold, the island's health minister said on Wednesday, citing potential Chinese pressure for the delay. Read more »