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The anticipated partnership of San Miguel Corp. with Telstra is currently under threat. PLDT is planning to file legal charges against the conglomerate for withholding to share their most-valuable 700MHz spectrum.

The Vatican should be much more aggressive in dealing with people suspected of financial crimes like money laundering and step up prosecutions and indictments, a European finance watchdog agency said on Tuesday.

U.S. prosecutors are preparing to unveil drug trafficking charges against the head of Venezuela's National Guard, according to people familiar with the case, as the United States investigates the suspected involvement of senior Venezuelan officials in the cocaine trade.