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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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Roomlinx Provides Installation Update Through April 2013

Category : World News

DENVER, CO–(Marketwired – May 04, 2013) –  Roomlinx Inc., (OTCQB: RMLX), the innovative developer of media networks and interactive TV applications for hotels, today announced the completion of multiple installs through April 2013. 

Read more here: Roomlinx Provides Installation Update Through April 2013

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Cardia Bioplastics, Ltd. (CDRBY: OTCQX International) | Home Country News Release – Cardia and University of Sydney explore PPC applications

Category : Stocks, World News

Cardia Bioplastics, Ltd. has filed a Home Country News Release – Cardia and University of Sydney explore PPC applications To view the full release click here (link to PDF).

Excerpt from: Cardia Bioplastics, Ltd. (CDRBY: OTCQX International) | Home Country News Release – Cardia and University of Sydney explore PPC applications

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Vitesse Service Aware Switch Engines Simplify Service Delivery in Mobile and Cloud Access Networks

Category : World News

MEF CE 2.0 Ready Serval-2 With ViSAA Enables 10G Scalability for Bandwidth Intensive Network Applications

Originally posted here: Vitesse Service Aware Switch Engines Simplify Service Delivery in Mobile and Cloud Access Networks

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Bankers’ ‘honesty test’: nearly all pass City regulator’s check

Category : Business

Last year, four people failed the fitness and probity test to take on most risky jobs in British banks, while 24,319 passed

Just 30 out of 227,000 people have failed the City regulator’s “fit and proper” test to take on some of the most risky jobs in British banks since the onset of the financial crisis.

The Financial Conduct Authority (FCA), the new industry watchdog, said it has blocked just one in every 7,566 person applying to be come an FCA “approved person” in the last six years.

The FCA, which replaced the Financial Services Authority this month, said the test covered bankers’ “honesty, integrity and reputation”, “competence and capability” and “financial soundness”.

Four people failed the test last year, while 24,319 applicants passed. Between April 2007 and the end of 2012, the FCA’s predecessor rejected one appointment out of every 7,566 applicants for the financial services sector, according to figures first published by Reuters.

The “fitness and probity” test is designed to ensure only the most competent people take up risky roles in finance to prevent a repeat of the banking crisis.

A spokesman for the FCA refused to state how the test works or give examples of sample questions, but said it involves criminal record checks and county court judgements on debts.

He declined to state whether a criminal conviction would automatically lead to someone failing the test, but the guidelines state “particular attention” is paid to “offences of dishonesty, fraud, financial crime… [and] money laundering”.

The spokesman said the FCA only carries out interviews for people applying for the most senior positions. He was unable to say whether applicants’ morality and ethics are specifically tested.

The regulator said the number of failures is low because it also encourages some applicants, put forward for the test by their employers, to withdraw from the process because they are unlikely to pass. “In addition to 30 applications for approval being formally refused since 2007, during the same period, more than 7,000 applications were withdrawn after submission – many of which were after close scrutiny by the FSA,” the FCA said.

However, 97% of applicants were successful, even when the 7,000 withdrawals are included in calculations.

Critics of the banking sector argue that it has yet to show the cultural changes that have been called for by the wider public and trumpeted internally by the likes of Barclays. John Mann, a Labour MP and member of the Treasury select committee, told Reuters: “We have a cultural problem that has brought banking to its knees and cost the taxpayers a fortune and these people continue as if it’s business as usual. It’s about time that regulators got real about the problems in banking and I see no signs of that happening.”

Will Pomroy, corporate governance policy adviser at the National Association of Pension Funds, which represents assets of about £900bn, said he hoped the small number of failed applications reflected more robust assessments of staff competence, capability, honesty and integrity at company level.

“Investors expect the board to take responsibility – and be accountable – for setting the culture from the top and ensuring it filters down throughout the workforce,” Pomroy said. “They would not want to be relying solely on the assessments of the regulator for each individual employed in a controlled function – of which there a large number.”

AMG Announces Acquisition of Nitriding Technology for Advanced Wear Resistance Applications

Category : Stocks, World News

AMSTERDAM, THE NETHERLANDS–(Marketwired – Apr 12, 2013) – AMG Advanced Metallurgical Group
N.V.’s (“AMG”,
EURONEXT AMSTERDAM: “AMG”) AMG Engineering unit, ALD Vacuum Technologies
GmbH
(“ALD”) announces that it has acquired a patented wear and corrosion
resistance
nitriding technology that utilizes an active screen plasma nitriding
process
(“ASPN”). This revolutionary technology will enable ALD to expand its
services
to new aerospace and energy applications and the medical market.

View original post here: AMG Announces Acquisition of Nitriding Technology for Advanced Wear Resistance Applications

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Northern Power Systems Expanding Commitment to Wind Turbine Market in Italy

Category : Stocks

Dedicated Mediterranean Region Applications Engineer Added to Team

Go here to read the rest: Northern Power Systems Expanding Commitment to Wind Turbine Market in Italy

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Dyesol Ltd. (DYSOY: OTC Link) | Dyesol and Singapore’s NTU Sign Agreement

Category : Stocks

Australian renewable energy firm, Dyesol Limited, and the Energy Research Institute at Nanyang Technological University (ERI@N) in Singapore have advanced their international research collaboration plans with the formal signing of their Research Collaboration Agreement.

The two-year agreement will see a sharing of resources to create scalable and commercially feasible solid state Dye Solar Cell technology (DSC) technology, a low-cost renewable energy technology that operates efficiently in variable and low-light conditions.

“This collaboration is highly beneficial for both parties and leverages our complementary skill sets,” said Dyesol CEO Gordon Thompson.

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1m apply for apprenticeships in 2012

Category : Business

1.13m applications were received via National Apprenticeship Service database, with only 106,000 vacancies advertised

More than 1 million applications for apprenticeships were submitted in 2012, far more than the number of vacancies available.

According to the National Apprenticeship Service, 1.13m applications were received through its online database, with about 106,000 vacancies advertised, some 80% of the total apprenticeships available across the country.

In February the government made funding available to help businesses take on apprentices, a grant open to companies employing up to 1,000 people who have never taken an apprentice or have not recruited one in the previous 12 months.

David Way, chief executive of the NAS, said: “The high number of applications generated in 2012 is further evidence of just how popular apprenticeships have become. The quality training on offer means apprenticeships are fast becoming a first-choice career option for a wide range of people.

“In 2013 we hope to see further growth in the number of new vacancies registered online and an increase in the number of apprenticeships available in key industry sectors such as the digital and creative industries, engineering and IT. We would like to help even more employers use apprenticeships to recruit new staff and are encouraging them to find out more about the funding available.”

The business and administration sector was the most popular for both applications and available vacancies, while London had more applications than other regions, followed by the West Midlands and Greater Manchester. The gender split showed males applied for 56% of the vacancies.

Last week the government announced the introduction of a new range of apprenticeships equivalent to bachelors and masters degrees in subjects including law and accountancy. The skills minister, Matthew Hancock, said: “In the past, apprenticeships were restricted to only some trades, and some parts of the economy. Now we are introducing apprenticeships in all types of jobs, including a new route to the professions, to ensure everyone can reach their potential.”

KING ICT Joins Objectivity Global Partner Program to Deliver InfiniteGraph the Only Distributed Graph Database to Healthcare Organizations Across Eastern Europe

Category : Stocks

SUNNYVALE, CA–(Marketwire – Dec 18, 2012) – Objectivity, Inc. announced today that KING ICT has joined the Objectivity Global Partner program to bring InfiniteGraph, the only distributed graph database to healthcare organizations across Europe. As the growing challenge of real-time healthcare data and patient records management rises, organizations are turning to the power of the graph to bring just in time analysis and data management to discover the connections between patients, treatment and data. King ICT, the leading systems integrator in Eastern Europe, has joined Objectivity to help foster new graph applications to the market.

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Ilmenau University of Technology Partners With Objectivity to Leverage the Power of the InfiniteGraph Distributed Graph Database in Its Technology Courses and Research

Category : Stocks

SUNNYVALE, CA–(Marketwire – Dec 18, 2012) – Objectivity, Inc. announced today that it has partnered with Ilmenau University of Technology, to bring the power of InfiniteGraph, the only distributed graph database (DGDB), into its courses and research. For more than 20 years, Objectivity has been companies from the Department of Defense to Ericsson and CUNA Mutual tackle the hurdles of Big Data. InfiniteGraph is the only commercial graph database that can process billions of edges and nodes in a distributed environment. Through this partnership Ilmenau will teach students about cutting edge uses for the graph database and how to build applications and research that leverage its real-time analysis. 

See more here: Ilmenau University of Technology Partners With Objectivity to Leverage the Power of the InfiniteGraph Distributed Graph Database in Its Technology Courses and Research

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