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Norwegian oil fund blacklists China’s ZTE Corporation

first_imgNorway’s sovereign wealth fund has divested one of the world’s largest telecommunications companies over allegations of corruption and bribery.The NOK7.1trn (€742bn) Government Pension Fund Global’s Council on Ethics last year investigated ZTE Corporation, listed on the Shenzhen and Hong Kong stock exchanges, over concerns it was responsible for gross corruption, as defined by the fund’s own exclusion guidelines.In a statement, the fund’s manager, Norges Bank Investment Management, said its executive committee felt it was inappropriate to exercise its ownership rights to bring about change and instead opted to divest its stake worth NOK85m, accounting for just 0.15% in voting rights.The Council’s report from June last year noted the company had been sent a draft version of its report but had not commented in the findings, which listed allegations of corruption in 18 countries. The report adds: “All corruption allegations against ZTE of which the Council is aware relate to the payment of bribes to public officials to secure the award of contracts.“In 2012, ZTE’s representative in Algeria was sentenced to 10 years’ imprisonment for corruption in connection with a contract won by ZTE in the country.”The report points out that, following the sentencing of the representative in Algeria, the company was barred from bidding for public contracts for two years.It also cites allegations of corruption in Zambia, Kenya, the Philippines, Myanmar, Nigeria and Liberia, and claims “large” commission payments were passed to the prime minister of Papua New Guinea.The decision to exclude ZTE from the sovereign fund’s investment universe comes only a month after it decided to remove Alstom from its observation list after previous concerns over corruption.,WebsitesWe are not responsible for the content of external sitesLink to recommendation by Council on Ethicslast_img read more

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Kompany could feature for Belgium

first_imgManchester City captain Vincent Kompany could return to action in Belgium’s World Cup qualifier in Macedonia on Friday. City’s defensive linchpin has not played since suffering a calf injury in the FA Cup fourth-round win at Stoke on January 26 but club boss Roberto Mancini said last week he hoped Kompany would be able to face to Newcastle in their next Barclays Premier League game on March 30. In the meantime the 26-year-old has been summoned for international duty and is being assessed ahead of his country’s Group D double-header against Macedonia in Skopje, on Friday, and Brussels next Tuesday. Belgium assistant coach Vidal Borkelmans told Sky Sports News: “Vincent is very important, he is captain of the team. “We are quite happy he has been here. We will see. We will make about Wednesday a point whether he plays or not. “He must listen to the body. He must say, ‘I am okay’ and then it is a decision of the coach what he does, yes or no.” center_img Press Associationlast_img read more

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NASCAR at Pocono: Start time, lineup, TV schedule, live stream for Pocono 400

first_imgStop us if you’ve heard this before, but Kyle Busch and Martin Truex Jr. have to be excited about where NASCAR is heading this week.Drivers will head to Pocono Raceway in Pennsylvania and Busch and Truex have to be excited as the two have combined to win the last three races at the Tricky Triangle. Also, the fact that each driver has won three races this year has to bode well for another good week.MORE: Watch the Pocono 400 live with fuboTV (7-day free trial)One of NASCAR’s two big flat tracks, the 2.5-mile course features high speeds and big horsepower, which has to have a lot of drivers excited.Ryan Blaney is still looking for his first win of the year and he has a victory here while other guys like Alex Bowman have to be thrilled to take a shot at Pocono.For Blaney it’s simply coming back to a track he loves, and for Bowman it’s just to keep up his recent run of success.Bowman has four straight top-10 finishes, including a run of back-to-back-to-back runner-ups.The Pocono 400 can be seen at 2 p.m. ET on Sunday on FS1.What time does the Pocono 400 start?The Pocono 400 will take place Sunday, May 26. Live coverage begins on FS1 at 2 p.m. ET.What TV channel is the Pocono 400 on?The Pocono 400 will be broadcast nationally on FS1. The race can also be live-streamed on the Fox Sports Go App or by subscribing to fuboTV, which offers a seven-day free trial .Pocono 400 schedule, how to watchAll of the events leading up to the week, including practices and races for the Xfinity Series, can be seen on NASCAR.com, PRN, MRN and FS1. Here’s a daily schedule of events leading up to the Pocono 400.(All times Eastern)Friday, May 31TimeEventChannel1:05 p.m.Xfinity Series first practiceNASCAR.com2:05 p.m.Cup Series first practiceNASCAR.com3:05 p.m.Xfinity Series final practiceFS24:05 p.m.Cup Series final practiceFS2/PRNSaturday, June 1TimeEventChannel10:05 a.m.Xfinity Series qualifyingFS1/fuboTV11:35 a.m.Cup Series qualifyingFS1/fuboTV1 p.m.Xfinity Series Pocono Green 250FS1/fuboTVSunday, June 2TimeEventChannel2 p.m.Pocono 400FS1/fuboTVPocono 400 starting lineupStartingDriverNumberTBDLandon Cassill00TBDKurt Busch1TBDBrad Keselowski2TBDAustin Dillon3TBDKevin Harvick4TBDRyan Newman6TBDDaniel Hemric8TBDChase Elliott9TBDAric Almirola10TBDDenny Hamlin11TBDRyan Blaney12TBDTy Dillon13TBDClint Bowyer14TBDRoss Chastain15TBDRicky Stenhouse Jr.17TBDKyle Busch18TBDMartin Truex Jr.19TBDErik Jones20TBDPaul Menard21TBDJoey Logano22TBDWilliam Byron24TBDReed Sorenson27TBDCorey Lajoie32TBDMichael McDowell34TBDMatt Tifft36TBDChris Buescher37TBDDavid Ragan38TBDDaniel Suarez41TBDKyle Larson42TBDDarrell “Bubba” Wallace Jr.43TBDRyan Preece47TBDJimmie Johnson48TBDCody Ware51TBDJJ Yeley52TBDQuin Houff77TBDAlex Bowman88TBDMatt DiBenedetto95last_img read more

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GAA RESULTS: DONEGAL NORTH

first_imgDownings Bay Hotel U-16 League Div 2 Section 1Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Glenfin 3 – 11 3 – 7 Moville Pairce Taobhoige Downings Bay Hotel U-16 League Div 2 Section 2Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Fanad Gaels 3 – 10 2 – 11 Cloughaneely Fanad Gaels Portsalon Downings Bay Hotel U-16 League Div 2 Section 1Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Red Hughs 2 – 13 1 – 3 Convoy CrossroadsDownings Bay Hotel U-16 League Div 2 Section 2Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Naomh Colmcille Newtown 8 – 10 0 – 7 Downings Pairc Colmcille Newton 25-Mar-2012 St Eunans B 4 – 13 1 – 8 Letterkenny Gaels O Donnell Park-LetterkennyDownings Bay Hotel U-16 League Div 2 Section 1Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Malin 1 – 8 0 – 13 Buncrana Malin Downings Bay Hotel U-16 League Div 1Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Burt 2 – 10 1 – 7 St Eunans Burt-Hibernian ParkDownings Bay Hotel U-16 League Div 2 Section 2Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Glenswilly 0 – 5 1 – 13 St Michaels Glenswilly-Pairc Naomh ColumbaDownings Bay Hotel U-16 League Div 2 Section 1Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Robert Emmets 8 – 6 0 – 3 Naomh Padraig Lifford Pairc EimeadDownings Bay Hotel U-16 League Div 1Date Team 1 Score Score Team 2 Venue Comment25-Mar-2012 Gaoth Dobhair 2 – 5 1 – 2 Carndonagh Pobal Scoil Gaoth DobhairGAA RESULTS: DONEGAL NORTH was last modified: March 25th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Donegal NorthGAA RESULTSlast_img read more

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