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'$200 billion still needed': Sisi thanks attendees of...
2015-03-15 22:19:42| Industrial Machines - Topix.net
During his closing speech, President Abdel Fattah Al-Sisi called for holding the summit every year in Sharm El-Sheikh. The Egypt Economic Development Conference , referred to as Economic Summit, ended on Sunday after three days that witnessed the signing of agreements between the Egyptian government and companies, and the announcement of investments worth billions of dollars.
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NAACP, Steve Forbes Accuse DISH of Bilking Taxpayers Out of $3 Billion
2015-03-14 15:46:55| Telecom - Topix.net
The NAACP and free-market evangelist Steve Forbes joined a growing chorus this week in criticizing DISH Network's scheme to bilk taxpayers out of more than $3 billion. In a letter to FCC Chairman Tom Wheeler Thursday, the Communications Workers of America and the NAACP claimed that in the FCC's most recent spectrum auction, "the largest beneficiary of the 'small business' bidding credit was DISH Network, a company with a $34.6 billion market cap."
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Japan promises US$4 billion in aid to combat disasters over four years
2015-03-14 09:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Japan will provide assistance amounting to US$4 billion (2.71 billion pounds) in the coming four years to reduce the number of disaster victims and their suffering around the world, Japanese Prime Minister Shinzo Abe said on Saturday. Under the initiative, Tokyo will train 40,000 government officials and local leaders - including a project focussed on women - to spearhead national efforts to cut disaster risk and build back better after disasters, Abe told a U.N. conference in the northeastern...
Top regulator proposes PG&E pay $1.6 billion penalty
2015-03-14 01:58:40| Energy - Topix.net
California's top regulator is proposing Pacific Gas & Electric Co. pay $1.6 billion as penalty for causing a deadly 2010 gas-pipeline explosion in the San Francisco Bay Area.
Alibaba Group Holding Ltd (BABA) Values Snapchat At $15 Billion
2015-03-13 13:54:02| Apparel - Topix.net
Alibaba Group Holding Ltd values photo sharing platform Snapchat at $15 billion, if reports of a $200 million investment on Fox Business are anything to go by. The investment by Alibaba does not come as a surprise as Snapchat has on its ranks respected banker, Imran Khan, as its chief strategy officer who helped the giant e-commerce to IPO last year.
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