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With headquarters in London and Houston, the combined company will have roughly $23 billion in annual revenue and offer oilfield gear including blowout preventers, pumps, drilling, chemicals, other products and services for oil producers in 120 countries.HOUSTON, July 3 (Reuters
) - General Electric Co on Monday completed its buyout of
Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world's second-largest oilfield service provider by revenue.
"They can't out of hand stop it, because it's very difficult for them to trace those things," said Ann Ravel, a former member of the U.S. Federal Election Commission. The clandestine purchase of advertising on the site through fake personas was particularly alarming, she said.The G20 discussed the question
of Chinese overcapacity during its 2016 meeting and asked the Organization for Economic Cooperation and Development (OECD) to monitor efforts to curb supply, but to little avail.The defendants are accused of
stealing social security numbers of Americans to open up fraudulent accounts on digital payment system PayPal Holdings Inc. They purchased space on computer servers located within the United States to use virtual private networks to mask their identities and pose as Americans.
The draft of the final communique mentions the usual pledge on devaluations and exchange rates: "We will refrain from competitive devaluations, and will not target our exchange rates for competitive purposes."
Gazprom is the sole shareholder in Nord Stream-2, shouldering 50 percent of the cost of the pipeline, which will be able to carry 55 billion cubic metres of gas a year into a terminal in Germany and is due to start operating in 2019.The Russians' alleged campaign began with three weeks of
reconnaissance in 2014, when two of them traveled to nine U.S. states, including Colorado and Michigan, according to the indictment. They were equipped with cameras, SIM cards, drop phones and, if needed, "evacuation scenarios," the indictment says.
The indictment of 13 Russian nationals on Friday, announced by U.S. Special Counsel Robert Mueller, made extensive use of records from Facebook and Instagram, according to people familiar with the matter.
The company will have access to GE's research and development facilities and be able to access GE's Predix software and analytics, Simonelli said. (Reporting by Liz Hampton and Ernest Scheyder; Writing by Ernest Scheyder; Editing by Marguerita Choy)
"We each bear some responsibility for exercising good judgment and a healthy amount of skepticism when it comes to the things we read and share on social media," Senator Mark Warner, the top Democrat on the Senate Intelligence Committee, said in a statement.It describes the
Kremlin-linked Internet Research Agency in St. Petersburg as an organized bureaucracy. It was backed by an annual budget of millions of dollars, employed hundreds of people and boasted several departments dedicated to specific projects, like search-engine optimization and graphics.Yet the combination of tactics
revealed in the indictment, including the use of shell corporations and stolen IDs, deployment of virtual private networks to avoid online detection, and payments to unwitting Americans, suggests even a company as powerful as Facebook could struggle to stop such activities by itself as they happen.MOSCOW, Sept 13 (Reuters
) - U.S. sanctions have made financing large Russian projects "almost impossible", the chief executive of Austrian energy company OMV, which has invested in the Nord Stream-2 trans-Baltic gas pipeline project, said on Wednesday.SAN FRANCISCO/WASHINGTON, Feb
16 (Reuters) - The Russian influence operation designed to tamper with the 2016 U.S. presidential election used a combination of old-school espionage tactics and 21st-century technologies that will not be easy to stop, even now that the methods have been exposed, experts said.
For GE, the deal will help it focus more on the oil and gas sector, especially in North America, while shielding the parent company's earnings from the energy industry's boom and bust cycles. All of GE's oil and gas-related businesses will be folded into the new company, which will be 62.5 percent owned by GE. Baker shareholders will own the rest and receive a one-time, $17.50 dividend."The current situation does not have an effect on the
financing agreement but could influence the optimization process," he added. (Reporting by Vladimir Soldatkin; additional reporting by Shadia Nasralla; editing by Susan Fenton and Alexander Smith)Facebook could go further in monitoring its platform and adopt the process cryptocurrency firms use to verify bitcoin traders, said Jordan Lieberman, president of ad firm Audience Partners. But if Facebook raises the bar much higher, "It's going to interrupt revenue flows and it's absolutely going to cost them money."For Baker Hughes, the deal
helps it grow in size and become an even-more important player in the industry after antitrust concerns scuttled a tie-up last year with rival Halliburton Co . The GE deal vaults the merged business past Halliburton to rival only Schlumberger NV for dominance in the global oilfield service market.In the event you loved this
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