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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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TMM, Inc. (TMMI: OTC Pink Current) | Louis H. Siracusano, Jr. Joins TMMI Advisory Board

Category : World News

WILMINGTON, DELAWARE – May 1, 2013 – TMM, Inc. (Pink Sheet: TMMI) (“TMMI” or
“the Company”) is pleased to announce the appointment of Louis H.
Siracusano, Jr. to its advisory board, effective May 1, 2013.

Louis H.
Siracusano Jr. is the President/CEO and founder of VideoBank. Incorporated in
1992, VideoBank is an industry leader in digital video solutions for both
private enterprise and the U. S. military. VideoBank engineers design advanced
software and turnkey Digital Asset Management systems, furnishing customers
with a wide range of streamlined client-driven tools optimized for
storing, manipulating and distributing digital video, images and
documents.

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ABB to make $1bn solar acquisition

Category : World News

Swiss engineering firm ABB says it is to buy Californian solar energy firm Power-One for $1bn, as it predicts a booming market.

Read the rest here: ABB to make $1bn solar acquisition

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After a Wild Decade, What’s Next for Engineering, Construction, and Services?

Category : Stocks, World News

Engineering, Construction, and Services Companies Have Delivered Stellar Returns to Shareholders, but They Will Need Scale, Capital Discipline, and Smarts to Keep Up the Pace, Says a New Report From BCG

Follow this link: After a Wild Decade, What’s Next for Engineering, Construction, and Services?

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RusHydro JSC (RSHYY: OTCQX International Premier) | Results of the Board of Directors on March 20, 2013

Category : Stocks

Results of the Board of Directors on March 20, 2013< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

JSC RusHydro announces that the Company’s Board of Directors held a meeting in absentia on March 20, 2013.

***

The Board of Directors recommended to the Extraordinary General Meeting of shareholders (EGM) to be held on April 19, 2013 to approve the early termination of powers of the Board members elected by the Annual General Meeting of shareholders (AGM) on June 29, 2012, and approved the following candidates for election to the new Board of Directors [1]:

  • Ayuev Boris Iliych, Chairman of the Management Board, JSC System Operator of UES;
  • Danilov-Danilyan Viktor Ivanovich, Director, Water Engineering Institute, Russian Academy of Sciences;
  • Dod Evgeny Vyacheslavovich, Chairman of the Management Board, JSC RusHydro;
  • Zimin Viktor Michailovich, Chairman of the Government, Republic of Khakassia;
  • Morozov Denis Stanislavovich, Director from the Russian Federation in the Board of Directors of European Bank for Reconstruction and Development (EBRD);
  • Pivovarov Vyacheslav Victorovich, Chief Executive Officer, Altera Capital;
  • Poluboyarinov Mikhail Igorevich, First Deputy Chairman, Management Board Member, Vnesheconombank
  • Pfaffenbakh Berndt;
  • Stolyarenko Vladimir Mikhailovich, President and Chairman of the Board, Evrofinance Mosnarbank;
  • Gubin Ilya Nikolaevich, President, Member of the Board of Directors, Novikombank;
  • Volkov Eduard Petrovich, General Director, Power Engineering Institute;
  • Kudryavy Viktor Vasilyevich, Advisor to President, JSC EUROCEMENT Group;
  • Nozdrachev Denis Aleksandrovich, President, Chairman of the Management Board, Sviaz-Bank;

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Shortage of science graduates will thwart manufacturing-based recovery

Category : Business

Too few women studying science, maths and engineering and a curb on immigration make government hopes forlorn

The government’s hope that it can drive an economic recovery by growing the UK’s manufacturing industry will be thwarted by a lack of science and technology graduates, a report suggests.

The report – which concludes that there is an annual shortfall of 40,000 science, technology, engineering and maths (STEM) graduates – has been released amid calls for a national campaign to boost the number of women in science.

A spokesman for the Social Market Foundation (SMF) thinktank, said the number of home-grown graduates in STEM subjects needs to increase by half just to keep science-related industries at their current size.

If the government would like to grow these sectors to drive a recovery at the same time as reducing migration, the shortfall balloons even further.

Nida Broughton, a senior economist at the SMF, said: “The government has made clear its aim to rebalance the UK economy towards manufacturing and away from financial services. But it has also pledged to reduce immigration. Our analysis shows that the gulf between skills and jobs makes these aims incompatible in the short-term.”

The manufacturers’ association, the EEF, estimates that 90% of Britain’s engineers are male and 80% of workers in the manufacturing industry are male. That compares with other sectors, where men are an average of 51% of the workforce.

The EEF notes that manufacturing companies in the FTSE 100 have a higher than average number of women on their boards. But with 81% of directorships at manufacturing companies held by men and 92% of executive directorships, the representation of women on boards is still very low.

EEF chief executive Terry Scuoler, said: “There is no getting away from the fact that women are substantially under-represented in manufacturing at a time when industry needs to be tapping every talent pool.

“Some will argue for quotas for women on boards but this would not address the underlying need for a substantial increase in the pipeline of women with engineering and other key skills going into industry.”

The EEF is calling for a national campaign to increase the number of women studying STEM topics to professional level, as well as to promote apprenticeships and other vocational routes into work.

According to the SMF, even if the same number of girls as boys studied STEM subjects beyond GCSE, there would still be a significant skills shortage. As well as boosting uptake of STEM subjects among girls, the SMF said the UK must improve results at GCSE level. It calls for the government to increase pay for science and maths teachers, relax the eligibility criteria for teacher training and encourage international recruitment of science and maths teachers in the short-term.

VIDEO: will.i.am promotes science subjects

Category : Business

Musician will.i.am is encouraging young people to engage with science, technology, engineering and maths.

More here: VIDEO: will.i.am promotes science subjects

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VIDEO: Can women plug the engineering skills gap?

Category : World News

Sima Kotecha reports for Newsnight on attempts to change the image of engineering as a dirty, physical job for men and get more women to choose it as a career and help solve the skills shortage in a vital part of the British economy.

Originally posted here: VIDEO: Can women plug the engineering skills gap?

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Guavus Acquires Neuralitic Systems

Category : Stocks

Acquisition Allows Company to Deliver a Comprehensive Suite of Big Data Applications for Marketing, Customer Care and Network Engineering to Communication Service Providers

Read this article: Guavus Acquires Neuralitic Systems

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Anadarko Announces Advancement of Mozambique LNG Project

Category : Stocks, World News

Reaches Heads of Agreement With Eni

Awards Front-End Engineering and Design Contracts

Read more: Anadarko Announces Advancement of Mozambique LNG Project

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Few women at top in engineering, science and tech firms, MPs told

Category : Business

Boardrooms of engineering firms have fewest number of women and some academic societies have one female member for every 75 men

Women working in science, technology, engineering and mathematics are more under-represented at senior levels than in any other business sector, a new report says.

Boardrooms at science and engineering companies have some of the lowest proportions of women, while some top academic societies have as few female members as one for every 75 men, a study by the Royal Society of Edinburgh has found.

The report was revealed to MPs on the business select committee, who are looking at how to boost women’s representation in the workplace. It showed that just 4.9% of fellows at the Royal Society of Chemistry are women. At the Institute of Physics, it is 4.7%; the Royal Academy of Engineering has 3.8%; and the Institution of Civil Engineers has just 1.5%. These disciplines already attract relatively few women – but female representation is even lower in the top ranks.

Last month Vince Cable, the business secretary, wrote to the eight FTSE 100 companies with men-only boards to encourage them to improve their diversity. The eight – Antofagasta, Croda, Glencore, Xstrata, Kazakhmys, Melrose, Randgold and Vedanta – are largely mining and natural resources companies with HQs outside the UK.

Jocelyn Bell Burnell, an astrophysics professor at Oxford University, told the committee the biggest problem for women in these industries was culture: “This is not biology, this is not women’s brains. This is the culture in the country of what is considered appropriate for women to do.

“It is my impression that it’s our sisters, our cousins and our aunts that determine what we do to a large extent. They influence the early decision of girls and then their progress will be determined by the people in power – which are often men.”

The report, Tapping All Our Talents, which she co-authored, also revealed that women represent just 8% of those who have either a controlling interest in or own a science, technology, engineering and mathematics (Stem) firm. By comparison, 41% of non-Stem businesses are owned or controlled by women.

Adrian Bailey MP, chairman of the committee, said: “I was aware there was a lower level in science and engineering, but I didn’t realise it was quite so low.

“Nobody seems to have ownership of the problem and are very willing to pass responsibility on, which helps no one.”

He added: “Whilst there is a parental attitude suspicious to science and engineering it may well offset anything done by the schools or industry.”

The EU has been considering legislation to force companies to have women make up 40% of the boardroom, although the proposals are now expected to be watered down or made voluntary.

The report found that of the 10,755 projects which received funding by the directorate general for research at the European commission, only 17% had a woman as “scientific co-ordinator” and 16% as “scientist in charge”.

It also found that the UK came 17th in a list of how well women are represented in the field of astronomy.

Argentina came top, with women making up 37% while women make up 12% of UK-based astronomers.

Institutes in the UK have introduced various initiatives to try to increase the number of women in Stem industries, but some admit more can be done to address the historical problem.

Matthew Harrison, director of education and engineering at the Royal Academy of Engineering, said: “We have to make our profession more welcoming to women and go out of our way to make that happen, and when we’ve got our own house in order we need to look at schools. The problem starts in the choices young people make at the age of 16.”

Institution of Civil Engineering director general, Nick Baveystock, said: “At ICE, we have a dedicated under 19s programme that involves mentoring, competitions and other engagement with schools to ensure we are promoting engineering to both girls and boys at an early age. We are seeing some positive results with female graduate and student members increasing every year.”

Director of education and science at the Institute of Physics, Professor Peter Main, said: “This problem stems from a long historical legacy.

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