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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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Aston Martin at risk of downgrade

Category : Business

Moody’s warns it is weighing downgrade of James Bond’s favorite automaker.

Originally posted here: Aston Martin at risk of downgrade

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General Motors ([[GM]] -0.1%) invests in a company that has developed a lightweight-steel prototype that could help the automaker produce more fuel-efficient cars in the future. The automaker’s VC arm fired up the investment in NanoSteel for an…

Category : Stocks, World News

General Motors (GM -0.1%) invests in a company that has developed a lightweight-steel prototype that could help the automaker produce more fuel-efficient cars in the future. The automaker’s VC arm fired up the investment in NanoSteel for an undisclosed amount in the hope that its steel alloy technology will be a game changer. 1 comment!

See the original post here: General Motors ([[GM]] -0.1%) invests in a company that has developed a lightweight-steel prototype that could help the automaker produce more fuel-efficient cars in the future. The automaker’s VC arm fired up the investment in NanoSteel for an…

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VIDEO: Peugeot announces 8,000 job cuts

Category : Business

French automaker PSA Peugeot Citroen has announced 8,000 job cuts and the closure of its Aulnay assembly plant.

Read this article: VIDEO: Peugeot announces 8,000 job cuts

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Ferrari’s F70, an Eco-Friendly Supercar

Category : World News

The Italian automaker and others are adding hybrid technology to elite cars

Originally posted here: Ferrari’s F70, an Eco-Friendly Supercar

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Honda’s net plunges 60% on floods

Category : World News

Honda Motor Co. said Friday it posted a group net profit of

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The Treasury Department freezes the pay of [[GM]] CEO Dan Akerson at 2011 levels, while 69 senior execs at the automaker see their compensation cut by 10%. Last year, the bailed out company knocked out record profits and regained the world’s largest…

Category : World News

The Treasury Department freezes the pay of GM CEO Dan Akerson at 2011 levels, while 69 senior execs at the automaker see their compensation cut by 10%. Last year, the bailed out company knocked out record profits and regained the world’s largest automaker moniker. 5 comments!

Read the rest here: The Treasury Department freezes the pay of [[GM]] CEO Dan Akerson at 2011 levels, while 69 senior execs at the automaker see their compensation cut by 10%. Last year, the bailed out company knocked out record profits and regained the world’s largest…

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Tohoku car sector sees signs of growth

Category : World News

For Matsushita Toso, a small auto surface treatment company in Tome, Miyagi Prefecture, the shiny black metal parts hanging at its newly introduced line are a sign of the auto industry’s growth and recovery from the March 11 disasters.
The company, with less than 60 employees and located just west of the tsunami zone on the Tohoku region coast, is currently producing about a dozen types of body parts for 30,000 of Toyota Motor Corp.’s high-profile Aqua compact hybrid vehicle per month, after it invested some

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BMW Fights Mercedes With New Fuel-Efficient 3-Series Sedan: Cars

Category : Business

While Bayerische Motoren Werke AG won the race for the U.S. luxury car market last year, the world’s largest premium automaker is keeping a sharp eye on its rear-view mirror.

Read more: BMW Fights Mercedes With New Fuel-Efficient 3-Series Sedan: Cars

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Honda surprises with gain in resurgent U.S.

Category : World News

Honda Motor Co. ended eight months of shrinking U.S. sales with an unexpected January gain as recovering auto demand also buoyed growth for Toyota Motor Corp., Nissan Motor Co. and Hyundai Motor Co.
Honda on Wednesday posted an 8.8 percent increase from a year earlier, compared with an average estimate of a 1.2 percent drop in a Bloomberg survey of six analysts. Sales rose 7.5 percent at Toyota, Asia’s largest automaker; 10 percent at Nissan; and 15 percent at Hyundai. Japanese and South Korean brands gained 13 percent, topping the industry’s 11 percent, Autodata Corp. said.

Continued here: Honda surprises with gain in resurgent U.S.

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