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Posts Tagged ‘agrees’

India agrees to review Nimo Bazgo Dam project


LAHORE – India has agreed to the proposal put forward by Pakistan to review the design of Nimo Bazgo Dam project, also declaring the Pak demand of reactivating the telemetry system on rivers as acceptable.
This was decided on the first day of three-day meeting of the Indus River Commission held in the provincial capital on Sunday. G Aranga Nathan heads the nine-member Indian delegation while Jamaat Ali Shah is leading the Pakistani side. Pakistan informed the Indian delegation about the objections to Nimo Bazgo Dam, which was the main agenda of the first day of the meeting comprising the issues of the rapid decrease of water level in River Chenab, the construction of controversial Nimo Bazgo Dam and Chutak Power Plants on the River Indus by India that would cause blockage of more than 35,000 cusec water.
The Indian delegation, however, agreed to the proposals put forward by Pakistan and assured to consider the suggestions in near future but sought more time to deliberate the issue.
The Pakistani delegation informed Indians that Pakistan had already installed telemetry system for monitoring water shares among the provinces of the country while there were apprehensions and unrest among the people, particularly the farmersÂ’ community, over the water shortage due to the Indian projects on rivers.
PakistanÂ’s representatives stressed that it was the duty of India to ensure provision of complete water share of Pakistan despite having partial facility of use of water under Indus Water Treaty.
However, Jamaat Ali Shah said as the dialogues were of non-political nature, no immediate breakthrough could be expected, adding that Pakistan recorded its protest against the construction of all the controversial dams by India. He further said that the Indus Water Treaty Commission wanted to resolve all the pending issues in order to win the trust of public.
Appreciating the suggestion of the installation of telemetry system, Aranga Nathan asked for more time to deliberate the issue with the Indian experts. He said the telemetry system would help in minimising uncertainty and confusion between the two countries.
He said in case the commission failed to resolve the water issues in present session, another meeting was likely to be called soon. The meeting between the Indus River Commissioners of both the countries would continue on Monday (today) and Tuesday as well.

SGX and STOXX agrees on licensing of Euro STOXX 50 as underlying for futures contracts

Singapore Exchange (SGX) and STOXX, the global index provider and the creator of the leading European equity indices, today announced that they have reached a consensus on a licence agreement which will allow the SGX to list US-dollar denominated EURO STOXX 50 Index futures and options on futures.

Subject to regulatory approval, the targeted launch date for the US-dollar denominated futures and options on futures contracts will be in the second half of 2010.

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Opposition agrees on closer cooperation

An agreement was made between Serbia’s main opposition parties for closer cooperation. At the Saint’s Day, or slava, celebration of the New Serbia (NS) party, leaders of NS, the Democratic Party of Serbia (DSS), and the Serbian Progressive Party (SNS) met to talk about cooperation.

Ascendas REIT agrees to acquire 3 properties for total of $228.5m

Ascendas REIT, the business space and industrial real estate investment trust, says it has signed sale and purchase agreements to acquire two properties for $131 million and a Memorandum of Understanding for the purchase of a property under development in Jurong for $97.5 million.

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Heartland Agrees to $60M Settlement with Visa over Breach

Heartland Payment Systems agrees to pay as much as $60 million to Visa to address losses by credit and debit cardholders affected by the data breach Heartland suffered in 2008.
– Heartland Payment Systems on Jan. 8 announced that it has agreed to pay up
to $60 million to Visa to cover losses to credit and debit cardholders affected
by the massive
data breach Heartland suffered in 2008.
According to Heartland’s news release, the settlement agreement is quot;contingent


Heartland Agrees to $60M Settlement With Visa Over Breach

Heartland Payment Systems has agreed to pay as much as $60 million to Visa to address losses by credit and debit cardholders affected by the data breach Heartland suffered in 2008.
– Heartland Payment Systems has agreed to pay up to $60 million to Visa to cover losses to credit and debit cardholders impacted by Heartland’s massive data breach in 2008.
According to Heartland, the settlement agreement is contingent upon acceptance by financial institutions representing 80 perc…


RBS agrees to sell unit to Aberdeen for US$135m

Royal Bank of Scotland Group Plc, Britain’s biggest government-controlled bank, agreed to sell part of its fund management unit to Aberdeen Asset Management Plc for 84.7 million pounds ($189 million).
 
The sale, which includes the Investment Strategies division with 13.5 billion pounds of assets under management, is expected to complete in the first quarter, the Edinburgh-based bank said today in a statement.

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Lerono Bio-Chem agrees to buy Astam Mining for $200m

Lerono Bio-Chem said it entered a non-binding agreement to buy Astam Mining Pte. from PT Eastbourne Minerals Resources and Terenova Group for $200 million, according to a regulatory statement today.

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Psystar Agrees to Pay Apple $2.7 Million in Copyright Suit

Hackintosh company Psystar agrees to pay Apple nearly $2.7 million in damages and legal fees for selling PCs with Mac OS X Leopard preloaded onto them–but the legal drama isn’t over yet.
– Psystar, the Doral, Fla.,
company sued by computer
maker Apple for selling “Open Computers” PCs with Mac OS X Leopard preloaded
onto them has agreed to pay Apple $2.7 million in damages and legal fees to
partially settle a dispute over the sale of such computers. The companys Website
currently …


Ljajić agrees arrest of helpers was “mistake”

Coordinator of the Hague action team Rasim Ljajić says the arrest of indictee Ratko Mladić’s aides was apparently a mistake. “From this viewpoint, it would have been better if those aides had been used as potential leads toward Mladić,” Ljajić told reporters in Belgrade.

Senoko agrees to $2.35b buyout refinancing: Update

Senoko Power  the Singapore utility bought from Temasek Holdings last year by investors led by Marubeni Corp., agreed to borrow $2.35 billion to refinance a bridge loan used for the acquisition.
 
The financing comprises a $2.2 billion five-year senior loan and a $150 million similar-maturity working capital facility from lenders including Bank of Tokyo-Mitsubishi UFJ, DBS Bank, BNP Paribas SA and National Australia Bank, Senoko said in an e-mailed statement today.

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EU agrees on final stance for climate talks

EU leaders have urged other world powers to follow their lead after provisionally reaching a deal to help developing countries combat climate change.
Poorer nations are expected to need around 100 billion euros a year by 2020 to tackle rising temperatures.

Nonproliferation panel agrees on nuke reduction action plans

An international nuclear nonproliferation panel reached an agreement on its nuclear arms reduction action plans toward a world free of nuclear weapons at the final session of its three-day meeting in Hiroshima, the co-chairs of the panel said.
The International Commission on Nuclear Nonproliferation and Disarmament, however, refrained from disclosing a target figure for reducing nuclear [...]

NKorea agrees to talks with SKorea: Ministry

North Korea agreed to hold talks with South Korea this week, apparently signalling a wish for better relations a day after it test-fired short-range missiles.
Pyongyang accepted Seoul’s request for talks on flood prevention on Wednesday and discussions on humanitarian issues including family reunions on Friday, Seoul’s unification ministry said in a statement.
It comes after [...]

Hacker Agrees to Guilty Plea in Massive Data Breach Case

Notorious hacker Albert Gonzalez agrees to plead guilty to having a role in the theft of data from millions of credit and debit cards. Gonzalez, who has been tied by authorities to a cyber-crimewave that hit companies from Heartland Payment Systems to Hannaford Bros., now faces up to 25 years in prison.
– Reputed hacker Albert
Gonzalez, the

Miami man tied by investigators
to several major data breaches, has agreed to plead guilty to a
variety of charges, according to reports.
Under the plea agreement,
Gonzalez, 28, will face a maximum of 25 years in prison. According to
authorities, he is…