Spanish multinational telecommunications company Telefonica has agreed to sell its stake in its Colombian unit to Millicom, a provider of fixed and mobile telecommunications services in Latin America, for US $400 million.
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Kazakh Railways (KTZ) has temporarily banned the export of agricultural goods via rail to China. KTZ explains the ban by referring to overloaded border crossings. At the Dostyk and Khorgos border crossings, 180 and 100 covered goods wagons respectively are waiting to be processed. According to KTZ, the Chinese railways do not unload the wagons…