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Headline tax rate on UK oil and gas sector to reduce from 50% to 40%, says report
2016-03-24 10:58:00| Offshore Technology
The headline tax rate on the UK's oil and gas sector reduction to 40% from 50% or 67.5% for mature fields could lead to a value increase of up to 20% for new developments and up to 70% for older sites, according to new analysis from GlobalData.
Global adoption of vegan diet could save 8 million lives by 2050, says study
2016-03-24 08:47:00| Climate Ark Climate Change & Global Warming Newsfeed
Fox: Celebrities like Morrissey, Natalie Portman and even Arnold Schwarzenegger have been preaching the gospel of vegetarianism for some time. Now, they have scientific evidence to back some of their claims. A new study published in Proceedings of the National Academy of Sciences says that widespread adoption of vegetarian or vegan diets could millions of lives and trillions of dollars by 2050. Imbalanced diets, such as diets low in fruits and vegetables, and high in red and processed meat,...
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MTA to run out of money for new projects June 30, chief says
2016-03-24 02:06:53| Railroads - Topix.net
Metropolitan Transportation Authority Chairman Thomas Prendergast pinpointed June 30 as the date that the MTA will have exhausted its ability to award new contracts. Photo Credit: John Roca Metropolitan Transportation Authority Chairman Thomas Prendergast pinpointed June 30 as the date that the MTA will have exhausted its ability to award new contracts.
That 'MMMBop' cover you love is probably being sung wrong, Hanson says
2016-03-24 00:11:42| Automakers - Topix.net
Brace yourself for some serious '90s nostalgia: Hanson's catchy tune "MMMBop" turns 20 on April 15 and the band dropped a major truth bomb about the song -- people have been singing it wrong this whole time. Two decades after recording the original self-released demo and six studio albums later, brothers Isaac, Taylor and Zac Hanson made the reveal in a lengthy Q&A with Vulture on Tuesday.
Ford could still make money even if U.S. auto sales fell 30%, CFO says
2016-03-23 17:02:26| Auto Dealers - Topix.net
Shanks on how Ford would handle a market fall: "We would adjust production to fit demand and do that very, very quickly." -- Ford Motor Co., responding to investor fears that the U.S. auto market is peaking, told analysts it could still earn a profit even if the industry's sales plunged 30 percent in one year.
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