Finance Law

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ZAMBOANGA, Philippines: A Roman Catholic-run school in the southern Philippines has caused controversy by banning Muslim students from wearing the hijab headscarf.Mehol Sadain, who heads the National Commission on Muslim Filipinos, said Sunday he had written to Pilar College in the mixed Muslim-Christian port city of Zamboanga to demand it reverse its policy.While the school [...]

The government’s NIS 14.15 billion austerity package will be the subject of a special Knesset session Monday afternoon, after the Ministerial Committee on Legislation approved the package Sunday. Should it pass the Knesset, Value Added Tax (VAT) will rise by one percentage point to 17% on September 1. Above-average income will be taxed an extra [...]

By: Agence France-Presse August 5, 2012 6:57 PM Tweet InterAksyon.comThe online news portal of TV5 ZAMBOANGA CITY, Philippines — A Catholic-run school here has caused controversy by banning Muslim students from wearing the hijab headscarf. Mehol Sadain, who heads the National Commission on Muslim Filipinos, said Sunday he had written to Pilar College in mixed [...]

Knight Capital Group Inc. (KCG), fighting to stay in business after a $440 million loss spurred by a software failure, worked with its advisers to find a buyer or investor. The market maker responsible for about 10 percent of American equity volume turned to Goldman Sachs Group Inc. (GS) on Aug. 1 to buy the [...]

There’s a passage in the Old Testament’s Deuteronomy that says if a case too difficult to decide comes before the courts, it should be brought to the Levite priests who will render a verdict in God’s name. However, one University of Alberta researcher says that may be taking religious freedom a step too far. Sarah [...]

[Tim Hacker/ Tribune] School Zones Drivers proceed through a school zone in Chandler out in front of San Marco Elementary Friday, August 3, 2012. [Tim Hacker/ Tribune] [Tim Hacker/ Tribune] School Zones Drivers proceed through a school zone in Chandler out in front of San Marco Elementary Friday, August 3, 2012. [Tim Hacker/ Tribune] Back [...]

Air France-KLM Group (AF)’s effort to cut the biggest debt pile of any European airline prompted a two- month rally in its credit that’s leaving peers behind. The cost of insuring the debt of Europe’s biggest airline fell 30 percent to a five-month low since Air France-KLM unveiled a reorganization plan on May 24 that [...]

LONDON (Reuters) – Iraqi Kurdistan’s crude oil is plentiful and easy to get at, rare among undeveloped energy resources. The man managing it, a former North Sea engineer and consultant turned politician, knows how to attract investment. But the companies working there under contracts with the semi-autonomous Kurdistan Regional …