Word: ticketes
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Starting next January, whenever you buy an airline ticket at a travel agency or online, there'll be a new question to answer before you hand over your credit card: Would you be willing to donate $2 to help fight HIV/AIDS, malaria and tuberculosis in Africa...
...UNITAID was founded in 2006. Its $400 million annual budget is funded by Britain, France, Norway, Brazil and Chile. Douste-Blazy is now trying to turbo-charge those efforts by bringing in private donations. He's set up a foundation linked to UNITAID that will collect the voluntary airline-ticket levy and distribute it to key players in the field of medical assistance in Africa and elsewhere. Recipients will include the U.N. children's agency UNICEF and the Clinton foundation. As well as targeting HIV/AIDS, tuberculosis and malaria, the money will also be spent on improving maternal health and reducing...
...original version of this story misstated that the Bill and Melinda Gates Foundation will be receiving money from the new airline-ticket voluntary surcharge to help fund development projects...
That’s right, maybe H1N1 is your free ticket into J-term housing. Just imagine finishing your thesis in an air-locked chamber with no distractions but your own vomiting...
...with big-ticket IPOs like those of Adani Power and National Hydro Electric Power Corp. falling below their launch prices last week, and smaller entrants like Excel Infoways and Mahindra Holidays and Resorts continuing to trade below listing prices, retail investors are turning wary. The latest IPO, that of state-run Oil India which closed Sept. 10, saw a relatively muted retail response, say investment bankers, with most of the interest coming from institutional buyers. "We've invested very selectively in the companies that have come to markets post elections," says Sukumar Rajah, chief investment officer at Franklin Templeton Mutual...