Ohio Scratch-Off Turns Into $300K Windfall for Lucky Winner
LANCASTER, Ohio — A Circle K customer in Lancaster turned a $10 Feeling Lucky ticket into a $300,000 windfall, Ohio Lottery officials announced. The winning ticket was sold at Circle K #5556…
Australia’s NAB warns of end to windfall from rising rates
By Byron Kaye and Himanshi Akhand (Reuters) – National Australia Bank Ltd, the country’s No. 2 lender, fell short of analyst forecasts in half-year profit released on Thursday and took a hit…
Hungary’s price caps, windfall taxes dent morale among German firms -survey
BUDAPEST (Reuters) – Price caps to curb surging inflation and windfall taxes imposed by Hungary’s government have hurt sentiment among German firms in the country, a business survey showed on Wednesday. Germany…
Fox News’ Biggest Rival Predicts Massive Windfall From Tucker’s Abrupt Departure
Fox News’ Biggest Rival Predicts Massive Windfall From Tucker’s Abrupt Departure Harold Hutchison on April 24, 2023 A rival cable channel predicted it would see a boost in ratings Monday following the…
Long Awaited US-Australia Submarine Pact Promises To Be A Windfall For American Defense Contractors: REPORT
Long Awaited US-Australia Submarine Pact Promises To Be A Windfall For American Defense Contractors: REPORT Micaela Burrow on March 9, 2023 The U.S. and Australia plan to massively invest in American defense…
India’s Reliance Industries misses profit view on windfall tax
By Sethuraman N R BENGALURU (Reuters) -Reliance Industries Ltd on Friday reported a bigger-than-expected drop in quarterly profit as India’s biggest company by market valuation took a hit from the government’s windfall…
Spain seeks to set nuclear and hydro prices to end windfall profits
MADRID (Reuters) – Spain wants the EU to allow it to set prices for nuclear and hydroelectric as it seeks to decouple the cost of electricity production from gas and curb windfall…
BOJ’s policy tweak hasn’t led to lending windfall, Mizuho head says
By Ritsuko Shimizu TOKYO (Reuters) – The Bank of Japan’s decision to let long-term rates rise more has not sparked a boom in revenue from lending as the central bank has yet…
Hungary imposes windfall tax on drug producers to plug budget gap
BUDAPEST (Reuters) -Hungary’s government has imposed a windfall tax on drug producers based on net revenues generated in 2022 and 2023, as it tries to plug holes in the state budget. According…
Portugal approves windfall tax on energy firms, food retailers
By Sergio Goncalves LISBON (Reuters) – Portugal’s parliament on Tuesday approved a 33% tax on the windfall profits that energy companies and food retailers may be bringing in with inflation at a…
Italy collects around 2.8 billion euros from 2022 energy windfall tax
By Giuseppe Fonte ROME (Reuters) -Italy has so far collected around 2.8 billion euros ($3 billion) from a contested windfall tax on energy companies in force for this year only, Economy Minister…
Spanish windfall tax on banks, energy firms clears first hurdle
MADRID (Reuters) – An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backing of the…
EDF could lose 5 billion euros from France’s windfall tax -Les Echos
PARIS (Reuters) – A planned French windfall tax on energy companies’ profits during Europe’s current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion euros ($5.20 billion) next year,…
Energy windfall improved Algeria’s economic position, says IMF
TUNIS (Reuters) – Higher energy prices have “materially improved” the Algerian economy’s near-term outlook, the International Monetary Fund (IMF) said on Monday, adding that fiscal rebalancing is still needed to put public…
Analysis-Biden’s threatened windfall oil tax unlikely to pass U.S. Congress
By Timothy Gardner and Andrea Shalal WASHINGTON(Reuters) – President Joe Biden’s threat to impose a windfall profits tax on oil companies is unlikely to pass in the U.S. Congress, even if Democrats…
Biden To Call For Windfall Tax On Energy Companies Days Before Midterms: REPORT
Biden To Call For Windfall Tax On Energy Companies Days Before Midterms: REPORT Jack McEvoy on October 31, 2022 President Joe Biden will propose taxing energy companies’ profits as the White House…
‘Discourage Investment’: Clinton Treasury Secretary Bashes Biden’s Windfall Oil Tax Plan
‘Discourage Investment’: Clinton Treasury Secretary Bashes Biden’s Windfall Oil Tax Plan Jack McEvoy on November 1, 2022 Former President Bill Clinton’s Treasury Secretary Larry Summers on Tuesday criticized President Joe Biden’s plan…
BP sees $2.5 billion UK tax bill this year including windfall levy
LONDON (Reuters) -BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 million in a windfall tax, a spokesperson said on Tuesday. Britain…
Column-Central bank guns spiked by bank windfall backlash: Mike Dolan
By Mike Dolan LONDON (Reuters) – Central banks may be forced to rethink and even undermine one of their prized emergency policy tools as popular resistance mounts against giant cash transfers to…
Austria considers windfall tax on energy companies
(Reuters) – Austria is considering a windfall tax on the profits made by energy companies, Vice Chancellor Werner Kogler said on Saturday. The Green party politician said he wants to decide by…
Spain to assess extending bank, energy windfall taxes beyond 2 years
MADRID (Reuters) – The Spanish government will assess whether to extend a windfall tax on Spanish banks and large energy firms beyond the currently proposed two years, Budget Minister Maria Jesus Montero…
Federal Employees Could Get A Huge Windfall From Biden’s Student Loan Bailout
Federal Employees Could Get A Huge Windfall From Biden’s Student Loan Bailout John Hugh DeMastri on September 15, 2022 Federal employees could receive thousands of dollars in refunds for student loans payments…
China reaps energy windfall as West shuns Russian supplies
By Muyu Xu and Emily Chow SINGAPORE (Reuters) – China is buying more and less expensive energy supplies from Russia this year, reaping the benefits of a plunge in European purchases just…
Czech windfall tax would affect energy, banks and maybe another sector -finance minister
PRAGUE (Reuters) – The Czech government will decide in three weeks whether to impose a windfall tax on large energy companies and banks and may include one more sector if it goes…
Spanish banks weigh impact of windfall tax, consider legal challenge
By Jesús Aguado and Emma Pinedo MADRID – BBVA and Caixabank on Friday said they were looking at the potential impact of a proposed tax on banks in Spain and exploring taking…
Spanish ruling coalition proposes windfall tax on utilities and banks
By Christina Thykjaer and Jesús Aguado MADRID – Spain’s leftist ruling coalition introduced a draft bill on Thursday to create a temporary tax on banks and power utilities, aiming to raise 7…
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