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GAZA CITY, Gaza Strip: The term "financial meltdown" is taking on a whole new meaning in the Gaza Strip: Under pressure by Israeli sanctions, local banks are literally running out of cash. Most banks have sharply curtailed withdrawals, the U.N. has stopped...
Tags: Gazans, gaza, cash crunch
Faced with mounting losses, Indian Oil Corp, the nation's largest fuel retailer, has 'temporarily' stopped giving new domestic cooking gas (LPG) connections, a move that has led a wait list of over 2 lakh. "We have not bought new cylinders for almost...
Tags: india, IOC, chairman sarthak, LPG, Sarthak Behuria, lpg connections, cash crunch, ioc chairman, net profit
In filings with the Securities and Exchange Commission, Mesa said the end of the deal will cost the company $960 million in lost sales over the next four years. Leasing costs, labor and other expenses during that same period will add up to about $250...