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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to 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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Micro Focus Delivers Mainframe Modernization With Enterprise Developer for IBM zEnterprise

Category : Stocks, World News

Innovative Technology Improves Software Developer Capability and Increases Speed of Steria Application Maintenance Services Delivery

Link: Micro Focus Delivers Mainframe Modernization With Enterprise Developer for IBM zEnterprise

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VIDEO: MPs criticise disability work tests

Category : Business, World News

The government’s workplace capability assessments, designed to get more disabled people back to work, have been heavily criticised by a committee of MPs.

Read the original: VIDEO: MPs criticise disability work tests

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Iran may quit nuclear non-proliferation treaty if attacked: IRGC commander – Xinhua

Category : Stocks
Iran may quit nuclear non-proliferation treaty if attacked: IRGC commander
• The IRGC chief said Iran may quit the NPT if its nuclear facilities come under attacks. • The IRGC chief said in the case of an attack by Israel, Iran would close strategic Strait of Hormuz. • The IRGC chief also said Sunday that Iran does not have
Iran admits it is helping Assad in SyriaSan Francisco Chronicle
Israeli leader urges US voters to consider Iran in electionDetroit Free Press
Netanyahu: Iran close to nuke

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G4S Olympic effort shows limits of private sector, says Philip Hammond

Category : Business

Defence secretary praises military rescue of Games security and says lessons can be learned

The failure by G4S to meet the Olympics security requirements has shown the limitations of private sector companies taking on public sector contracts, the defence secretary, Philip Hammond, said.

In an interview with the Independent, he said: “I came into the MoD with a prejudice that we have to look at the way the private sector does things to know how we should do things in government. But the story of G4S and the military rescue is quite informative.”

Hammond said as two models of how to approach a problem “you could not get two greater extremes than the G4S model and the military model”.

“The G4S model says here is a cost envelope within which I have to deliver an outcome and therefore I have to do it incredibly leanly.

“So G4S were literally hiring people and expecting to deploy them three days later, into a live situation; trying to build up a management structure overnight, at the beginning of the operation.

“A very lean structure, with lots of dependence on self-motivation by the people in the workforce; scheduling their own shifts, for example, by accessing an internet site.

“The military comes at it from the exact opposite extreme. What’s the job that needs to be done? OK, we’ll do it. Whatever it takes we’ll pour in massive over-resourcing, massively heavy structures of management.”

He added: “What the military primarily deliver is contingent capability and I haven’t been able to think of a single large-scale example where a private organisation delivers a contingent capability.

“You pay for it, year in, year out, but you probably never use it for what it’s designed for.”

An MoD spokesman said: “The defence contribution to the Olympics was always planned to avoid an impact on current operations.

“So, while some individual training and leave may need to be rescheduled, this will be managed and will not impact on operations including the ongoing mission in Afghanistan.

“Given the scale and importance of this once-in-a-generation event, including the forthcoming Paralympics, it is right that all across government play a part in ensuring the success of the Games.

“This includes the armed forces who have done a fantastic job while continuing to deliver on other standing tasks and duties.”

SI2C 2012 Midyear Announcement

Category : Stocks, World News

HSINCHU, TAIWAN–(Marketwire – Jun 17, 2012) – In early June, Taiwan Supra Integration and Incubation Center (SI2C) had their first new drug portfolio advisory group (NDPAG) meeting to discuss progress on the mapping and capability building of R and D drug discovery and development as well as review of opportunities and technologies proposed by the work group for full due diligence. The advisory group endorsed value chain mapping of lung cancer, liver cancer, and TB/MDR-TB, with suggestions on steps to further strengthen Taiwan capability to discover and develop new drugs against these diseases of high medical need in Taiwan, China, and other Asia-Pacific countries. Among seven opportunities reviewed for entering full due-diligence step for incubation and seed funding, one project was approved by the advisory group.

Read the original here: SI2C 2012 Midyear Announcement

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Japan’s revolving-door immigration policy hard-wired to fail

Category : World News

Last December, the Japanese government announced that a new visa regime with a “points system” would be introduced this spring.
It is designed to attract 2,000 non-Japanese (NJ) with a “high degree of capability” (kōdo jinzai), meaning people with high salaries, impeccable educational and vocational pedigrees, specialized technical knowledge and excellent managerial/administrative skills.

Read more: Japan’s revolving-door immigration policy hard-wired to fail

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