Thursday, July 27, 2017

US oil firm Halliburton to pay $30 mn to settle Angola bribery case

Yahoo News - Latest News & Headlines
US oil firm Halliburton to pay $30 mn to settle Angola bribery case

US oil firm Halliburton to pay $30 mn to settle Angola bribery caseOil field services giant Halliburton will pay nearly $30 million to resolve allegations of bribery in Angola, US regulators announced Thursday. Former Halliburton vice president Jeannot Lorenz also agreed to pay a $75,000 fine for falsifying the company's books and circumventing internal controls, the Securities and Exchange Commission said in a statement. Lorenz steered $13 million in contracts to a local company owned by a former Halliburton employee with ties to an official at the Angolan state oil company Sonangol.


Iran claims successful rocket test, move likely to anger U.S.

Iran claims successful rocket test, move likely to anger U.S.Iran has successfully tested a rocket that can deliver satellites into orbit, state television reported on Thursday, an event likely to raise tensions with the United States because of its potential use in a ballistic missile. Washington has said Iran is defying a U.N. resolution calling on it not to undertake any activity related to ballistic missiles designed to be capable of delivering nuclear weapons. "The Imam Khomeini Space Centre was officially opened with the successful test of the Simorgh (Phoenix) space launch vehicle," state television said.


Deadly accident at the Ohio State Fair

Deadly accident at the Ohio State FairThe Ohio State Fair will open Thursday one day after a man was killed and seven other people were injured when a thrill ride broke apart, but the rides won’t be running until they all are deemed safe, officials state. Video captured by a bystander at the fair Wednesday evening shows the Fire Ball ride swinging back and forth like a pendulum and spinning in the air when it crashes into something and part of the ride flies off. Ohio State Medical Center said three of the injured were being treated there.


Yahoo News - Latest News & Headlines
US oil firm Halliburton to pay $30 mn to settle Angola bribery case

US oil firm Halliburton to pay $30 mn to settle Angola bribery caseOil field services giant Halliburton will pay nearly $30 million to resolve allegations of bribery in Angola, US regulators announced Thursday. Former Halliburton vice president Jeannot Lorenz also agreed to pay a $75,000 fine for falsifying the company's books and circumventing internal controls, the Securities and Exchange Commission said in a statement. Lorenz steered $13 million in contracts to a local company owned by a former Halliburton employee with ties to an official at the Angolan state oil company Sonangol.


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