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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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NetDimensions (Holdings) Limited (NETDY: OTCQX International) | Home Country News Release – Director Shareholding and Total Voting Rights

Category : World News

NetDimensions (Holdings) Limited has filed a Home Country News Release – Director Shareholding and Total Voting Rights To view the full release click here (link to PDF).

Read more: NetDimensions (Holdings) Limited (NETDY: OTCQX International) | Home Country News Release – Director Shareholding and Total Voting Rights

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St Andrew Goldfields Ltd (STADF: OTCQX International) | SAS reports on Election of Directors and Appointment of Chairman of the Board of Directors

Category : Stocks

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SAS reports on Election of Directors and Appointment of Chairman of the Board of Directors

Canada NewsWire

TORONTO, May 10, 2013

TORONTO, May 10, 2013 /CNW/ – St Andrew Goldfields Ltd. (T-SAS) (OTCQX-STADF), (“SAS” or the “Company”) today announced that each of the nominees for
director of the Company as listed in the Company’s 2013 Management
Information Circular (available under the Company’s profile on SEDAR at
www.sedar.com and on the Company’s website at www.sasgoldmines.com) were elected at its Annual and Special Meeting of Shareholders held on
May 9, 2013.

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Phosphagenics Ltd. (PPGNY: OTCQX International) | Home Country News Release – Appendix 3Y Change of Director’s Interest

Category : Stocks, World News

Phosphagenics Ltd. has filed a Home Country News Release – Appendix 3Y Change of Director’s Interest To view the full release click here (link to PDF).

Link: Phosphagenics Ltd. (PPGNY: OTCQX International) | Home Country News Release – Appendix 3Y Change of Director’s Interest

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Ferguson to retire at end of season

Category : World News

Man Utd confirm manager is stepping down after 26 years to become director and ambassador.

More here: Ferguson to retire at end of season

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Phosphagenics Ltd. (PPGNY: OTCQX International) | Home Country News Release – Appendix 3Y Change of Director’s Interest Notice

Category : World News

Phosphagenics Ltd. has filed a Home Country News Release – Appendix 3Y Change of Director’s Interest Notice To view the full release click here (link to PDF).

Read the rest here: Phosphagenics Ltd. (PPGNY: OTCQX International) | Home Country News Release – Appendix 3Y Change of Director’s Interest Notice

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Grupo Financiero Banorte, S.A.B. De C.V. (GBOOY: OTCQX International Premier) | GFNorte´s AGM Proposals´ Update

Category : Stocks

We are sending an

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M&S lingerie chief Schaffer leaves

Category : Business, World News

Marks and Spencer’s director of lingerie and beauty Janie Schaffer leaves the retailer after three months.

Read the original post: M&S lingerie chief Schaffer leaves

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Let’s Gowex S.A. (LGWXY: OTCQX International) | GOWEX strengthens its Board Advisors and Directors by engaging world experts in telecommunications

Category : Stocks, World News

GOWEX strengthens its Board Advisors and Directors by engaging world experts in telecommunications

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Lydd airport given permission to increase capacity

Category : Business

Environmentalists disappointed by decision to approve plan to extend runway at Lydd, also known as London Ashford airport

Environmental groups including the RSPB and the Campaign to Protect Rural England (CPRE) are considering legal action to challenge the government’s decision to allow the expansion of Lydd airport in Kent.

The minor airfield, wedged between Dungeness nuclear power station, Romney Marsh and a nature reserve, has been given permission to extend its runway and handle up to 500,000 passengers a year.

The plan was approved by Eric Pickles, the communities and local government secretary, and Patrick McLoughlin, the transport secretary, following a protracted dispute over an application first submitted in 2006. The growth of London Ashford airport, as it is formally known, is designed to ease air congestion in the south-east and create local jobs.

But the decision is fiercely opposed by environmental activists, who fear it will destroy the tranquillity of the Kent coast and a nearby bird sanctuary. The RSPB and the CPRE are examining the 365-page report to see whether they can seek a judicial review in the high court.

The airfield has been owned by a Saudi businessman, Sheikh Fahad al-Athel, since 2001. As a director of the Al Bilad company, Athel came to attention for his role as a fixer for Saudi Arabia’s multibillion-pound Al Yamamah arms deal.

Lydd opened in 1956 and at the height of its success Silver City airways, Dan-Air and other firms were carrying 250,000 people a year. Business collapsed in the 1970s.

Shepway district council voted in favour of the expansion plan in 2010 but the scheme was called in by central government for assessment because of its national importance. Its approval allows the construction of a runway extension that can take Boeing 737 charter flights, and a new terminal building.

Opponents, who fear passenger numbers will eventually increase to two million a year, have six weeks to appeal against the decision.

The RSPB’s conservation director, Martin Harper, said: “This is the wrong decision as it opens the door to real damage to Dungeness, to its wildlife and the quality of life for many of its residents and risks destroying a unique asset that is enjoyed by hundreds of thousands of people.

“Dungeness is a special place for nature, which is recognised globally for the importance of its wildlife. This decision means nowhere is safe and signals that nature is in trouble in the face of unfettered growth – these are worrying times for all who care for Britain’s wildlife. We will be taking time to review the detail of the decision – and to plan our next steps.”

Neil Sinden, policy and campaigns director at the CPRE, said: “This is a terrible decision which threatens one of the few remaining areas of rural tranquillity in heavily pressured south-east, and in a county once proudly described as the Garden of England. And it will not just alarm environmentalists.

“There were many in the aviation sector who considered this scheme to be nonsensical and a non-starter. If there are any economic benefits, which is unlikely, they will be heavily outweighed by the environmental damage that it will cause on so many levels. Campaigners are bound to consider all legal options to have this disturbing decision overturned.”

Keith Taylor, the Green party MEP for the south-east, said: “The expansion also brings with it a serious nuclear safety issue that the government seems to have ignored. This government decision is bad for wildlife, potentially dangerous for local people and a step in the wrong direction in fighting climate change.”

Hani Mutlaq, Lydd airport’s executive manager, said he was delighted with the go-ahead. “I’m very pleased,” he told the Guardian. “I hope construction will start this year. At the moment we only have scheduled flights to Le Touquet in France but with a longer runway we will have the capacity for 737s that can reach destinations across Europe.”

Richard Griffiths, the planning lawyer who led the team advising the airport’s owner, said: “This is a significant decision from the government given the crossroads which aviation policy currently faces. [It] is perhaps an indication of the government’s support for aviation expansion where the environmental impacts are demonstrated to be acceptable.

“Clearly the government has accepted that there is a need to grow capacity in the country’s airports. However, whilst this is an important decision for both the aviation industry and also for infrastructure investment in Kent, questions should be asked why it has taken over six years to make a decision on these proposals.”

The decision states: “After careful consideration, [the secretaries of state] are satisfied that there would be no likely significant effects on any designated conversation sites and also that the proposals would not have a significant effect on nuclear safety, landscape or tranquillity.”

Environmental activists claimed the proximity of Dungeness nuclear power station posed a severe risk if there was an air accident. In a local referendum, residents rejected the expansion scheme by a ratio of two to one.

Post Office announces plans to launch current account

Category : Business

Customers want ‘simplicity, transparency and good value for money’, says Post Office director of financial services

Post Office has announced plans to re-enter the current account market with a new banking deal for consumers over the next few weeks. Details of the account are scant, but it is thought that the combination of a well-known brand and a large branch network could make it a serious challenger to the big four banks, particularly when new rules making it easier to switch accounts come into force later this year.

Nick Kennett, director of financial services at Post Office, said that research into the current account market had suggested customers primarily want “simplicity, transparency and good value for money”.

He added: “With over 11,500 branches, which is more than all the UK banks combined, we can provide this through the most convenient and accessible retail network in the UK.”

Post Office already offers a range of financial services including savings, credit cards and travel money, and recently introduced in-branch mortgage advice for consumers. Kennett said that the launch of a current account was part of the “significant transformation” of the brand.

The account will initially be launched in a small number of branches, before a wider-roll out next year.

Kevin Mountford, head of banking at comparison website MoneySupermarket, said the launch was “big news” for consumers. “The fact that the Post Office is a popular trusted brand, already has a large savings account portfolio, and has over 11,500 branches throughout the country means it can be a serious challenger in the current account market,” he said.

Michael Ossei, personal finance expert at uSwitch.com, said the banks should see Post Office as “a serious threat”, with those in rural areas especially likely to be attracted by its branch network.

However, Andrew Hagger, director of Moneycomms.co.uk, cautioned that more detail is needed, pointing out that the excitement surrounding Marks & Spencer’s entrance to the market last year quickly subsided when it emerged the accounts had fees of up to £20 a month.

This is not the first foray into current account banking by Post Office, which was the home of the state-owned Girobank for two decades until its sale to Alliance & Leicester building society in 1990. At that point, it was the sixth-largest provider of current accounts in the UK. It comes at a time when competition in the market is heating up, with Tesco and Virgin Money known to be working on their own launches, and existing providers enhancing their deals to attract consumers.