The Media Line Staff Tel Aviv, Israel (TML) – Israel’s decision to reconsider its tax and royalty regime for energy is creating an atmosphere of uncertainty and risks future exploration, the partners in the giant Leviathan natural gas project said. Charles Davidson, the chief executive officer of Texas-based Novel Energy, and Gideon Tadmor, CEO of [...]
Archive for the ‘Finance News’ Category
Brazil’s Largest Newspaper Sues Blog Over Parody
Linda Young – AHN News Writer Sao Paulo, Brazil (AHN) – Brazil’s largest newspaper has sued an independent blog that had parodied the newspaper. Folha de S. Paulo sued the blog “Falha de S. Paulo,” which was created last September by brothers Lino and Mário Ito Bocchini. Lino is a journalist while Mário is a [...]
Iceland to repay Britain $3.45 billion debt due to Icesave Bank failure
Vittorio Hernandez – AHN News Reykjavik, Iceland (AHN) – Iceland will start repaying a $3.45 billion (EUR 2.6 billion) from Britain in 2016. Reykjavik owed the amount to London after the online Icesave Bank failed two years ago. The agreement to repay ends two years of dispute over interest rates between the two countries after [...]
Zuckerberg Pledges Half of Wealth to Charity
Vittorio Hernandez – AHN News Seattle, WA, United States (AHN) – Facebook co-founder Mark Zuckerberg pledged Thursday to give half of his wealth to charity. He made the promise by signing up with Bill and Melinda Gates and Warren Buffett’s Giving Pledge campaign. Aside from Zuckerberg, others who joined the campaign include billionaire investor Carl [...]
Wal-Mart to stop extra $1 Sunday pay for employees
Vittorio Hernandez – AHN News News Writer Bentonville, Arkansas, United States (AHN) – Wal-Mart Stores announced Wednesday that it will no longer pay its employees who work Sundays an additional $1 an hour. The new policy, however, would only cover workers hired after Jan. 1, 2011. Current U.S. employees numbering 1.4 million will not be [...]
Tax Cuts: President Wins Republicans While Democrats Play Politics
Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – President Barack Obama on Tuesday called fellow Democrats to quit playing games with ordinary Americans’ lives noting that his top priority is ” to do what’s right for the American people, for jobs, and for economic growth.” Addressing journalists at a press conference [...]
Indian Airlines Directed To Publish Tariff Structure On Website For Transparency
AHN News Staff New Delhi, India (AHN) – The Indian Directorate General of Civil Aviation (DGCA) has asked all the Indian airlines to make their airfares public by putting up the relevant information on their respective websites. The airlines have been given a 48-hour deadline to comply with this instruction. The Government wants to ensure [...]
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