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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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The new Apple price targets

Category : Business, Stocks

In the past week, at least eight Apple analysts have lowered their targets.

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What to expect after we fall off the cliff

Category : Business, Stocks

Bank of America economist Ethan Harris says there’s a “decent chance” that Congress won’t reach a deal by January 1. He’s lowered his growth forecast to reflect that.

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Downgrade raises pressure on Madrid to accept bailout

Category : Business

S&P says it has lowered the rating on Spain’s debts two notches – to BBB- – following slump in country’s fortunes

Spain’s government came under pressure on Wednesday night to accept rescue funds from Brussels after the credit ratings agency Standard & Poor’s downgraded the country to BBB-, just above junk status.

S&P said it had lowered the rating on Spain’s debts two notches following a slump in its fortunes that meant its recession would be longer and unemployment higher than expected.

The agency also cited the increase in social unrest and the probable rise in tensions between central government and

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China eased restrictions for foreign investors on Friday as it looks to further open its financial system, spark its economy and revive confidence in its stock market. The government has simplified the authorization process for Qualified Foreign…

Category : Stocks, World News

China eased restrictions for foreign investors on Friday as it looks to further open its financial system, spark its economy and revive confidence in its stock market. The government has simplified the authorization process for Qualified Foreign Institutional Investors (QFII), lowered the minimum requirements for these firms, and expanded the scope of investments they’re allowed to make.
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Follow this link: China eased restrictions for foreign investors on Friday as it looks to further open its financial system, spark its economy and revive confidence in its stock market. The government has simplified the authorization process for Qualified Foreign…

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Starbucks sharply lower after earnings miss

Category : Business

Starbucks shares were sharply lower Friday after the coffee merchant lowered its outlook and reported earnings that fell short of Wall Street’s expectations.

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US trade deficit narrows in May

Category : Business

The US trade deficit narrowed in May from April, as cheaper oil lowered the value of imports, while exports to Europe and China rose.

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Pound hits new high against euro

Category : Business, World News

The pound hits its highest level against the euro since November 2008, the day after the European Central Bank lowered its key interest rate.

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ECB cuts rates to all-time low

Category : Stocks

The European Central Bank lowered interest rates Thursday to all-time lows but did not introduce any unconventional moves to stimulate economic activity.

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Stocks plummet on Europe jitters

Category : Business, Stocks

U.S. stocks fell Monday as investors lowered their expectations for a key summit of European Union leaders later this week.

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Cognizant: Investors Should Keep the Faith

Category : Stocks

Cognizant President Gordon Coburn and CFO Karen McLoughlin explain why the company’s lowered outlook shouldn’t alarm investors.

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