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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...

Read more’s Cost per Lead Program Offers an Alternative Sales Approach

Category : Stocks, World News

CROSSVILLE, TN–(Marketwired – May 10, 2013) – Cost per Lead: List for free, pay for results with NextTruck. Crossville, Tennessee-based has announced an exciting alternative to standard truck and trailer classified advertisements with their new cost per lead program. NextTruck has been a leader in the truck and trailer marketplace for several years, and has established a base of hundreds of advertisers who offer thousands of products for sale. The standard practice in the vehicle resale market is for a listing service to charge a monthly listing fee, whether the item has received offers or not. This may be the right choice for some, but an exciting alternative is the new cost per lead program — list for free, pay for results!

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Diageo boss Paul Walsh to step down

Category : Business

Chief executive stepping down after 13 years, making way for Ivan Menezes

The boss of Diageo, Paul Walsh, is stepping down after 13 years at the helm of the company behind Smirnoff and Guinness. He will make way for company-veteran Ivan Menezes, who has been chief operating officer of the drinks group since March last year.

Walsh, 57, will step down from the board at the annual meeting in September and will stay on until June next year to help ease the transition, drawing a full executive salary.

Last year, Walsh received a £1.2m salary, as part of a total pay package worth £11.2m. Diageo chairman Lord Davies said that his remuneration was “appropriate” given the strong performance of the business. Walsh has complained about anti-business sentiment in the UK, claiming that top executives are “constantly bludgeoned” for their high pay.

He has also cashed in shares worth £12.7m since last September, though he retains a substantial personal holding in the drinks group of 770,000 shares worth £15.4m.

Walsh has been chief executive of Diageo, which also owns Baileys and Johnnie Walker, since September 2000. The company’s share price has more than tripled in that time, aided by acquisitions including Turkey’s Mey Içki and the recent agreement to buy a stake in India’s biggest liquor maker, United Spirits.

Faced with sluggish demand in recession-hit European economies, Diageo has been buying up brands in emerging markets, where it aims to make around half of its turnover by 2015.

Walsh said on Tuesday: “Diageo is one of the world’s leading businesses, a position it has earned through the efforts of every one of its talented people, who are passionate about our brands, our contribution to society and our performance. The pivotal role which Ivan has played in building this position for the business demonstrates that he is the right person to lead Diageo on the next stage of its journey.”

Menezes originally hails from India, and headed up Diageo’s key North America division for eight years before his appointment as chief operating officer last year.

Martin Deboo of Investec said: “It’s not a total surprise, that’s the first thing to say. This has been a well-flagged transition.” He added that Menezes had been the lead candidate to take over. “It was very much his to lose,” he said. The City was unmoved by the news and the shares inched up 0.25% in early trade.

A Diageo spokeswoman said Walsh had not yet decided what his next move would be. He holds a number of corporate non-executive roles, as well as working as a business ambassador for the government’s business department.

His is the second high-profile departure from the FTSE 100 in a week, after Peter Voser stepped down as chief executive of oil group Shell.

Celebrate Earth Day and Save Water Outdoors

Category : Stocks, World News

Local Homeowners Lead the Way With Beautiful Water-Wise Landscapes

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Earth Day Is a Great Time to Save Water Outdoors

Category : Stocks

Southern California Homeowners Lead the Way With Beautiful Water-Wise Landscapes

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Coke profits lose fizz in Europe

Category : World News

Falling sales in Coca-Cola’s key recession-hit European markets lead to a 15% decline in profits.

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Increasing Opportunities for Aboriginal People in the Workplace: The Business Community Must Play a Lead Role

Category : Stocks

Diverse perspectives lead to innovation and improved results for individuals, businesses and Canada

Continued here: Increasing Opportunities for Aboriginal People in the Workplace: The Business Community Must Play a Lead Role

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Cable considers HBOS bankers action

Category : Business, World News

Vince Cable launches moves which could lead to three former HBOS directors being banned from serving as company bosses.

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Universal Credit ‘fraud risk’ fear

Category : World News

MPs demand a “swift assurance” from ministers that the introduction of Universal Credit will not lead to a rise in benefit fraud.

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VIDEO: Investment boost for UK oil field

Category : World News

A consortium of oil companies is to invest more than $500m (£330m) in an appraisal drilling programme which could lead to further development of a giant North Sea field.

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Agreement to Acquire Company-Owned Processing Plant

Category : Stocks

LONDON, ENGLAND–(Marketwire – March 15, 2013) - Arian Silver Corporation (“Arian” or the “Company”) (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, today announces that it has signed a provisional agreement with Sandy Hill Ltd, a company incorporated in the British Virgin Islands, to acquire a processing plant currently located close to Zacatecas City, with a capacity to treat up to 1,500 tonnes per day of silver-lead-zinc ore (“EL Bote Mill”).

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