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Ooredoo FY profits lower on forex, Myanmar costs

2014-03-05 08:12:00| Telecompaper Headlines

(Telecompaper) Ooredoo group revenue for 2013 increased by 1.1 percent to QAR 33.9 billion from 2012 with strong performances in Qatar, Algeria and Iraq. Fourth quarter revenue dipped to QAR 8.37 billion from QAR 8.64 billion a year earlier. Full year net profit declined by 12.5 percent to QAR 2.58 billion from QAR 2.95 billion, and Ooredoo posted a 36 percent drop in fourth quarter net profit to QAR 510 million. EBITDA for the full year declined by 6 percent to QAR 14.6 billion from QAR 15.6 billion in 2012. The EBITDA margin fell to 43 percent due to the adverse currency impact of the Indonesian Rupiah, Myanmar start-up costs, brand roll-out costs and the group's investment in Kuwait's recovery strategy.

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Translational Imaging Center To Speed Drug Development, Lower Costs

2014-03-05 06:12:43| drugdiscoveryonline News Articles

MPI Research, inviCRO, and 3D Imaging today formally announced the name of their new advanced imaging center being built at the MPI Research headquarters in Mattawan, Mich

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VIDEO: 'Childcare costs made me quit my job'

2014-03-04 07:15:11| BBC News | Business | UK Edition

Mother-of-three Lynne Keeble describes how she was forced to give up her job because of the cost of childcare.

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Fort Pierce commissioners to ask state for money to pay costs related to All Aboard Florida

2014-03-04 05:35:52| Railroads - Topix.net

The City Commission on Monday unanimously approved a resolution requesting the state help pay for costs associated with the 110-mph All Aboard Florida high-speed railway.

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Childcare 'costs more than mortgage'

2014-03-04 02:36:38| BBC News | Business | UK Edition

Many parents in Britain are now paying more for childcare in a year than they pay for their mortgages, research suggests.

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