Financial News


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21 March 2010 12:54 PM
HAIFA, Israel, March 21, 2010 /PRNewswire/ - Net Income totals $349 million - Compared with Net Loss of $109 million in 2008 - ORL to distribute a dividend amount of approximately $75 million - Reported consolidated operating income of $357 mil

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21 March 2010 12:53 PM
The Israeli cabinet has backed a $214m investment plan for Israeli Arabs, who have long suffered inequality and a history of discrimination.Israeli-Arab groups gave the news a cautious welcome but said some of the money just made up for cuts last ye

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21 March 2010 12:43 PM
The National Energy Regulator ofSouth Africa will later this week announce tariff increases thatTransnet Ltd. will be allowed to charge users of its fuelpipelines, the Business Times reported, citing Rod Crompton, oneof the regulator’s senior offici

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21 March 2010 12:34 PM
Venezuela's electricity crisis, caused by a drought linked to the El Nino phenomenon and an overstretched grid, puts its $300 billion economy at risk of contraction, may cut the OPEC nation's oil-product exports, and is denting President Hugo Chavez

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21 March 2010 12:23 PM
—The Department of Finance has given the go-ahead for the sale of the Philippine National Construction Corp.’s stake in the South Luzon Expressway (SLEx), the proceeds of which will help the government cover its budget deficit for the year. Interest

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21 March 2010 12:23 PM
—Global Business Power Corp., the power generation arm of the Metrobank Group, is studying the possibility of infusing additional investments in power generation in the Visayas after it completes its existing projects in the area. “The Visayas will

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21 March 2010 12:23 PM
—It’s one thing to turn your lights off for an hour for Saturday’s global celebration of Earth Hour, but it’s an entirely different thing to commit to make every hour of your life an effort to ensure the planet’s survival. Former Environment Secreta

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21 March 2010 12:23 PM
Most Read Other Most Read Stories x BusinessOld bakery still charms buyersBiggest gold producer produces another goldGiant heeds consumer calls to go greenPower, power, powerPacific Plaza Tower heatBananas as HIV-blockersBIR to run after other g