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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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Motorola ‘abused patent position’

Category : Business

Motorola “abused its position” when it filed a patent injunction against Apple in Germany, EU officials say.

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Commerzbank hit by cost of job cuts

Category : Business, World News

Germany’s Commerzbank reports a 94m-euro ($123m; £79m) loss in the first quarter after being hit by charges related to job cuts at the bank.

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23 Years After the End of the Dictatorship in the East: A Major Catholic Church Is Being Built in the Middle of the German Diaspora — Community Still Growing

Category : Stocks, World News

LEIPZIG, GERMANY–(Marketwired – Apr 27, 2013) – There’s nowhere else on Earth where so few people believe in God as in Eastern Germany, a worldwide study of the University of Chicago concludes. It states that only 13% of Eastern Germans declared to have always been religious.

Go here to read the rest: 23 Years After the End of the Dictatorship in the East: A Major Catholic Church Is Being Built in the Middle of the German Diaspora — Community Still Growing

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MorphoSys Initiates Phase 2 Study of Anti-CD19 Antibody MOR208 in B-cell Acute Lymphoblastic Leukemia

Category : Stocks

MARTINSRIED, GERMANY and MUNCHEN, GERMANY–(Marketwired – Apr 26, 2013) – MorphoSys AG /
MorphoSys Initiates Phase 2 Study of Anti-CD19 Antibody MOR208 in B-cell
Acute
Lymphoblastic Leukemia.

Read the original here: MorphoSys Initiates Phase 2 Study of Anti-CD19 Antibody MOR208 in B-cell Acute Lymphoblastic Leukemia

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Eurozone crisis live: German parliament debates Cyprus bailout

Category : Business

Bundestag MPs expected to criticise the handling of the Cypriot rescue plan this morning, with a vote expected around 10am BST (11am CET).

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Coffee rush fuels $10 billion takeover

Category : Stocks

The investment arm of Germany’s Reimann family has swallowed its third coffee takeover in less than a year, agreeing to pay almost $10 billion for the owner of the Douwe Egberts brand.

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Eurozone crisis live: Cyprus tops agenda as finance ministers meet

Category : Business

Finance ministers meet in Dublin to discuss crisis in Cyprus and Slovenia situation – with extensions to bailouts for Ireland and Portugal reportedly on the agenda

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George Soros: Germany must choose between eurobonds or euro exit

Category : Business

It is wishful thinking to believe Germany is ready to choose either of Soros options

George Soros was wasting his time in going to Frankfurt to persuade Germans of the merits of eurobonds. Anything that smells remotely like the pooling of debts within the eurozone is off-limits for political debate in Germany, at least before the autumn election. German voters are not in a mood to guarantee jointly the debts of politically rudderless Italy.

And Soros’s second suggestion – that Germany itself should leave the eurozone – is also a non-starter. That would not be defined by chancellor Angela Merkel as a successful way to save the single currency.

Yet Soros’s speech should not be dismissed as an irrelevant ramble. It starts from two accurate premises. First, that the euro crisis is far from resolved, as recession and Cyprus demonstrate. Second, that Germany, whether it likes it or not, is in the driving seat and the present course amounts to “doing the minimum to hold the euro together”.

So Soros is right that something has to give to secure the euro’s survival. But it’s wishful thinking to believe Germany is ready to choose either of his options.

US calls for European demand boost

Category : Business

US Treasury Secretary Jack Lew urges countries with the “capacity” to do more to boost consumer demand, following talks with Germany’s finance minister.

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Eurozone crisis: OECD warns Slovenia over bank debts – live

Category : Business

Cost of fixing Slovenia’s banking sector could be higher than estimated, warns OECD

Originally posted here: Eurozone crisis: OECD warns Slovenia over bank debts – live

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