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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Petrobank Announces Agreement With PetroBakken To Create Two Fully Independent Companies

Category : Stocks, World News

CALGARY, ALBERTA–(Marketwire – Oct. 29, 2012) - Petrobank Energy and Resources Ltd. (TSX:PBG) is pleased to announce that we have entered into an agreement with PetroBakken Energy Ltd. (TSX:PBN), our 57% owned subsidiary, to complete a corporate reorganization that will see Petrobank shareholders effectively receive Petrobank’s proportionate interest in our PetroBakken share holdings while maintaining their interest in the remaining Petrobank assets (the “Reorganization“). Petrobank and PetroBakken have signed an arrangement agreement detailing the terms and conditions of the Reorganization. The Board of Directors of each Company have approved the Reorganization, which is anticipated to become effective on December 31, 2012 (the “Effective Date“).

Read more: Petrobank Announces Agreement With PetroBakken To Create Two Fully Independent Companies

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New mortgage rules set for 2014

Category : Business

Tougher rules on UK mortgage lending have been confirmed by the City regulator, but they will come into force later than anticipated.

Continued here: New mortgage rules set for 2014

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Apple launches iPad Mini tablet

Category : World News

Apple launches its widely-anticipated smaller tablet, the iPad Mini, at an event in California.

See more here: Apple launches iPad Mini tablet

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The Treasury confirms it’s putting another $18B worth of [[AIG]] stock on the block, as observers recently anticipated. AIG plans to buy up to $5B worth of the shares at the IPO price.

Category : Stocks

The Treasury confirms it’s putting another $18B worth of AIG stock on the block, as observers recently anticipated. AIG plans to buy up to $5B worth of the shares at the IPO price. 9 comments!

Link: The Treasury confirms it’s putting another $18B worth of [[AIG]] stock on the block, as observers recently anticipated. AIG plans to buy up to $5B worth of the shares at the IPO price.

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