Petrom planning 1 bln euro capital hike - source

By IBT Staff Reporter On 12/18/09 AT 9:19 AM

BUCHAREST - Romania's largest oil and gas group, Petrom which is majority owned by Austrian OMV, is planning a 1 billion euro ($1.44 billion) increase in its share capital, a government source said on Friday.

(Petrom's) capital hike might amount to some 1 billion euros, the source told Reuters, adding the government was willing to participate. (Reporting by Luiza Ilie; Writing by Marius Zaharia; Editing by Dan Lalor) ($1 = 0.6949 euro)

Business

To Uber Or Not? Americans May Be Ready To Give Up Their Cars
Using ride-hailing services full-time would mean avoiding the hassles of owning a car. But it could cost less, too — depending on how you value your time otherwise spent behind the wheel.

Technology

One-In-Four Emails From Federal Agencies Are Fraudulent
More than one-in-four emails with .gov addresses are fraudulent or unauthorized and the majority of the government has not implemented security standards to protect against it.

World

Why Frigid Office Temperatures Can Be Bad For Productivity
Women are more prone to freezing at workplaces as compared to men which consequently results in ill health and hamper productivity.

National

Football Coach Allegedly Asked Team To Taunt Player For Having Two Moms
Coach Duane Greaton allegedly told his team to taunt a player on the opposite team by saying, "Who’s your daddy?" whenever he was tackled in a recent game.

To Uber Or Not? Americans May Be Ready To Give Up Their Cars

One-In-Four Emails From Federal Agencies Are Fraudulent

Why Frigid Office Temperatures Can Be Bad For Productivity

Football Coach Allegedly Asked Team To Taunt Player For Having Two Moms