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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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Frozen Food Gift Group Inc (FROZ: OTC Link/FINRA BB) | Venue Change

Category : Stocks

Fri, Apr 05, 2013 12:00 – Frozen Food Gift Group Inc (FROZ: OTC Link/FINRA BB) – Venue Change – The symbol, FROZ, no longer trades on FINRA BB. As of Fri, Apr 05, 2013, FROZ trades on OTC Link/FINRA BB. You may find a complete list of venue changes at otcmarkets.com.

Read the original post: Frozen Food Gift Group Inc (FROZ: OTC Link/FINRA BB) | Venue Change

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Sunrise Growers to be sold

Category : Business, Stocks

The frozen strawberry company is switching private equity sponsors.

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Frozen beefburger sales down 43% since start of horsemeat scandal

Category : Business

Data also shows decline in frozen ready meals as Whitbread calls for overhaul of how processed meat industry is regulated

Sales of frozen beefburgers have decreased by 43% since the start of the horsemeat scandal as shoppers steer clear of products they fear might not be quite what they claim on the label.

Data from market research firm Kantar Worldpanel shows sales of frozen ready meals have also been hit, down 13% since the Food Safety Authority of Ireland said in mid-January that it had found horsemeat in beefburgers destined for sale in retailers including Tesco, Lidl and Aldi.

The figure also shows Tesco, which was one of the most affected after 100% horsemeat was found in its own-brand lasagnes, suffered its worst monthly fall in market share for at least 20 years in the four weeks to 17 February. Kantar said this was more likely because of a reduction in big promotions compared with a year ago, rather than shoppers staying away in protest against the scandal. However, retail analysts at Barclays said Tesco “may indeed be suffereing a degree of consumer backlash”.

Edward Garner, director at Kantar, said: “There is still a huge rebuilding of trust for retailers to do. We won’t see a bounce back in frozen meat sales for a while, until this has been resolved in the courts.”

The supermarket chain Morrisons, which runs its own abattoirs, revealed last week it had seen a boost in fresh meat sales. There have also been increases

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Health Hazard Alert: Certain The Gourmet Meat Shoppe and The Butcher’s Cut Brands of Frozen Beef Burgers May Contain E. coli O157:H7 Bacteria

Category : Stocks, World News

OTTAWA, ONTARIO–(Marketwire – Feb. 20, 2013) - The Canadian Food Inspection Agency (CFIA) and Canada Safeway Limited are warning the public not to consume The Gourmet Meat Shoppe and The Butcher’s Cut brands of Frozen Beef Burgers described below because these products may be contaminated with E. coli O157:H7 bacteria.

See the rest here: Health Hazard Alert: Certain The Gourmet Meat Shoppe and The Butcher’s Cut Brands of Frozen Beef Burgers May Contain E. coli O157:H7 Bacteria

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Sahara firms’ bank accounts frozen

Category : Business, World News

Bank accounts of two firms of Sahara, one of India’s biggest business houses, are frozen for failing to refund money to millions of investors.

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VIDEO: Why public sector pay bill increased

Category : World News

George Osborne has frozen public sector pay and cut public sector jobs but in the last two years the public sector pay bill has gone up, despite pay freezes.

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Letters: Food for thought on poor nutrition

Category : Business

Financial speculation in commodity markets is a significant factor in rising food prices, and a contributor to the three price spikes in the last five years (Britain in nutritional recession as rising prices take toll on diet, 19 November). Proposals for regulations to curb speculation on food are on the table at the EU and could, if strong enough, prevent prices repeatedly spiralling far beyond the levels dictated by supply and demand.

So far, the UK government has failed to back tough rules on speculation. George Osborne and his fellow EU finance ministers are due to vote on the proposals in the coming weeks. If the chancellor is not yet convinced of the need to protect food from finance, perhaps the stark evidence of rising food poverty in the UK will do the job?
Heidi Chow
Food campaigner, World Development Movement

• Please would you stop using the term “austerity Britain” to descibe the current plight of the poorest people in our country. Austerity was what was experienced during the second world war, and afterwards, and still has the resonance of “we are all in it together”. Many foods and other commodities were simply not available. Many which were available were rationed for everybody. I do not wish to paint a false, rose-coloured picture of our society at that time; there was a black market for many goods, there were looters, people with money could sometimes obtain goods others could not afford. But overall both rich and poor were equally affected by the food shortages of the time and, for example, by the power shortages in the immediate aftermath of the war.

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Futures brokerage PFGBest shut amid funding questions

Category : Stocks

Accounts of futures brokerage PFGBest have been frozen by the National Futures Association, which says the firm has insufficient funds to carry out its trades.

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No 2012 Raises for CEOs at AIG, Ally, GM

Category : Business

NEW YORK (TheStreet) — The Treasury Department Friday said that the CEOs of Ally Financial, American International Group and General Motors won’t get pay raises in 2012.

The companies received exceptional assistance under the Troubled Asset Relief Program and are still partly owned by the federal government.

In a news release, the Treasury Department said pay packages for the three companies’ CEOs were frozen at 2011 levels but there was a change in the mix of stock salary and long-term restricted stock for these executives.

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Over-65s’ tax-free income freeze

Category : World News

The amount of income that is not taxed will be frozen for those aged over 65, affecting the financial plans of those approaching retirement.

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