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Italy Post Office Aid Will Be Examined Before 2014 Planned Sale

pedestrian passes red mailboxes outside a Poste Italiane SpA post office in Milan.A pedestrian passes red mailboxes outside a Poste Italiane SpA post office in Milan.A pedestrian passes red mailboxes outside a Poste Italiane SpA post office in Milan.getsfrom the state, including annual pension relief of almost 1billion euros ($1.4 billion), before its partial sale plannedfor this year, a senior official...
Source : Bloomberg |
Category : International

FREE DRINKS ON AMTRAKAuditor: Save money by cutting gratis booze, meals

Train kills 7 elephants crossing railroad tracks in India...
Source : Fox News |
Category : Headlines

​Surgeon’s heart beats for the poor

doctor not only treats but also feeds patients! In UN Mehta Institute of Cardiology and Research, every evening nearly 50-odd poor people and their relatives who have undergoneThese people are so poor, they can hardly afford treatment. Spending Rs 35-55 for a meal outside the Civil Hospital campus seems like blasphemy to them.This dinner is provided gratis by cardiac surgeon Dr Bhupesh Shah who no...
Source : Times Of India |
Category : City | City : Ahmedabad

Non-resident Gujaratis turn saviours of poor

Simran Pathan, 11, never went to school. Born with a congenital spine deformity which made her bend at the spine like an old woman, a few steps of walking would tire the little girl out. With private doctors quoting hefty sums for corrective surgery, there was little hope for this daughter of a daily wager in Mehsana. Recently, a team ofand US doctors performed specialized surgery on Simran gratis....
Source : Times Of India |
Category : City | City : Ahmedabad

Italy's postal service steps in with financing for debt-ridden Alitalia

Italy's postal service, Poste Italiane SpA, has stepped in to help the debt-ridden national airline Alitalia.The government said Thursday that Poste would help recapitalize Alitalia and ensure service amid concerns that the carrier might ground to a halt without new financing. News reports have said it needs a capital increase of 300 million euro ($406 million).In a statement, the government warned...
Source : Fox News |
Category : Others

Italy Said to Near Rescue of Alitalie by Postal Service

accord brokered by the government may be announced assoon as today, said the people, who asked not to be named as thematter is private. Poste Italiane SpA may contribute 75 millioneuros ($102 million) to a 300 million-euro capital increase, oneof the people said. The agreement remains tentative and maystill break down, the people said.Enlisting the help of the postal service would supportChief Executive...
Source : Bloomberg |
Category : International

Italy's Post Office Approves Alitalia Investment

ROME—Italy's post office has approved a €75 million ($103 million) outlay to take a stake in Alitalia SpA, completing the troubled airline's capital-raising effort just as it embarks on talks with Etihad Airways for another cash injection.The board of Poste Italiane, a company wholly owned by the Italian state, backed the plan in a long meeting...
Source : WSJ |
Category : Others

Telecom Italia CEO Bernabe Is Said to Plan Resignation This Week

Chief Executive Officer Franco Bernabe plans to tender his resignation this week after losing the support of the carrier’s biggest shareholders, according to a person with knowledge of the matter.Bernabe, 65, intends to tell the board at a meeting scheduled for Oct. 3 that he is ready to step down, said the person, asking not to be identified because the deliberations are confidential. Poste Italiane...
Source : Bloomberg |
Category : International

Italian Minister Against State Railway Sale

ROME—Italy will continue with its planned privatization of Poste Italiane SpA and aviation authority ENAV SpA, but selling off the state railway is "anachronistic," the country's transport minister said Wednesday.The Italian government expects to raise as much as €4 billion from the sale of minority stakes in both companies as part of a plan to boost state efficiency and reduce public debt....
Source : WSJ |
Category : Others

Can you help me track down my lost pension?

employment was transferred but I never received my ex-gratia payment. Can you help me track down my lost pension?Iwas employed by Alitalia (Linee Aeree Italiane), but in May 2005 my employment was transferred to Alitalia Airport (part of Alitalia Group).In February 2006, I received a letter from Alitalia stating I would receive an ex-gratia payment for the loss of my defined benefit pension scheme.The...
Source : dailymail |
Category : Business