S. Africa to introduce carbon tax from 2015

South Africa will introduce a tax on carbon emissions in 2015 amid concerns of global warming, Finance Minister Pravin Gordhan announced on Wednesday.

Clearwire to tap into $80M financing from Sprint

(AP)—Clearwire says it will tap into $80 million in financing from Sprint, putting a hurdle in the way of a possible sale of the wireless network operator to Dish.

LodgeNet files for Ch. 11, plans sale to Colony

LodgeNet Interactive Corp. says it is filing for Chapter 11 bankruptcy protection as part of a plan to sell itself to investment firm Colony Capital for $60 million.

Consumer confidence plunges in December

(Phys.org)—Confidence plunged in December as consumers confronted the rising likelihood that political gridlock would push the country over the fiscal cliff.

Italian probe alleges Google underpaid tax

A probe by Italian tax authorities into US Internet giant Google's Italian arm has found it failed to declare income of 240 million euros ($310 million) and pay value added tax of 96 million euros.

Thai finance ministry urges 3G auction probe

Thailand's finance ministry on Friday called for a corruption investigation into the country's auction of third-generation (3G) mobile telephone operating licences because of fears of collusion.

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