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UPDATE 1-Vale dam disaster partially caused by excess water, panel report says

A disaster at one of Vale SA ‘s tailings dams earlier this year that killed at least 255 people was partially triggered by “a persistently high water level” that caused the dam to lose its strength, according to a report by a panel of experts appointed by Vale’s legal advisers. The report, released by Vale on Thursday, said there was no warning that the dam was unstable, and that no seismic activity or explosions in the area were recorded on the day the dam burst in late January. The Brumadinho disaster came less than four years after another …read more […]

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Nokia, Daimler, others agreed to mediation to resolve licensing dispute

Nokia, German carmaker Daimler and several car parts suppliers have agreed to independent mediation to resolve their technology licensing dispute, the Finnish telecoms equipment maker said on Thursday. The move, if it leads to a successful outcome, could stave off a possible EU antitrust investigation following complaints by Daimler, Bury Technologies, Continental, Valeo and Thales-owned Gemalto to the European Commission. The Finnish telecoms equipment maker and Daimler have been at loggerheads on who should apply and pay royalties on technologies key to navigation to systems, vehicle communications and self-driving cars. …read more […]