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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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California State Senator Mimi Walters and NAWBO National President Diane Tomb Headline NAWBO Orange County May 7th Dinner Meeting

Category : World News


ANAHEIM, CA–(Marketwired – April 25, 2013) –
The National Association of Women Business Owners-Orange County (NAWBO-OC), the premier organization for Orange County women business owners, will host guest speakers California State Senator Mimi Walters and NAWBO National President Diane Tomb at the organization’s May 7th dinner meeting. The meeting will take place at The Pacific Club in Irvine, CA at 6:30PM, with a networking reception beginning at 5:30PM. The event is open to members and non-members.

See more here: California State Senator Mimi Walters and NAWBO National President Diane Tomb Headline NAWBO Orange County May 7th Dinner Meeting

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LVMH-backed fund buys stake in Australian bushwear firm RM Williams

Category : Business

L Capital Asia, a private equity fund sponsored by French luxury group, buys 49.9% stake in 81-year-old Australian company

A private equity fund sponsored by French luxury brand LVMH Group has snapped up just under half of Australia’s RM Williams in a deal aimed at helping the bushwear firm expand further overseas.

The sale of the 49.9% holding was valued at around A$52m (£35.4m), said a source close to the deal who was not authorised to speak on the record.

Singapore-based L Capital Asia, which is also backed by Groupe Arnault, the holding company of LVMH chairman and chief executive Bernard Arnault, and Malaysia’s YTL Corp, specialises in developing distinctive but affordable brands in the Asia-Pacific region.

Last year, it took a 50% stake in upmarket Australian food store Jones the Grocer.

Ken Cowley, chairman and owner of RM Williams, which is known for its elastic-sided boots, will retain the majority holding. He said L Capital had committed to retaining Australian manufacturing for the firm’s products.

The 81-year-old Australian company has more than 50 stores around the world. The transaction is expected to be completed by mid-May and new board members will be announced then.

Japan seeks to join TPP trade talks

Category : Business, World News

Japan says it wants to join the talks on the Trans-Pacific Partnership (TPP), a free trade agreement currently being negotiated among 11 countries.

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Cathay Pacific profits plunge 83%

Category : Business, World News

Hong Kong-based Cathay Pacific posts a 83% plunge in profits amid higher fuel costs and a drop in demand for corporate travel.

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AltiGen Communications, Inc. (ATGN: OTC Link) | AltiGen Communications, Inc. to Announce First Quarter Fiscal Year 2013 Results

Category : Stocks

SAN JOSE, CA–February 4, 2013 – AltiGen Communications, Inc. (OTCQX: ATGN), the leading provider of integrated Microsoft-based Unified Communications solutions, will announce its first quarter fiscal year 2013 financial results after the close of regular market trading on Wednesday, February 6, 2013. The Company will also hold a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. ET).

What: AltiGen First Quarter Fiscal Year 2013 Conference Call

When: Wednesday, February 6, 2013 at 2:00 p.m. Pacific Time (5:00 p.m. ET)

Who: Jeremiah Fleming, Chief Executive Officer and President, and Philip McDermott, Chief Financial Officer

How: Dial (877) 407-8031 (domestic) or (201) 689-8031 (international) to listen in to the call. A live webcast will also be made available at www.altigen.com. A telephonic replay will be available approximately one hour after the call through March 5, 2013. To access the replay, dial (877) 660-6853 (domestic) or (201) 612-7415 (international), account #286 conference ID #408379.

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VIDEO: Japan’s Pacific rare earth survey

Category : Business, World News

Japan is ready to survey the ocean floor of the Pacific Ocean to find alternative sources of rare earth metals, to reduce reliance on supplies from China.

See the article here: VIDEO: Japan’s Pacific rare earth survey

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Alaska Pacific Energy Corp. (ASKE: OTC Link) | Quarterly Report

Category : World News

Fri, Jan 18, 2013 02:50 – Alaska Pacific Energy Corp. (ASKE: OTC Link) released their Quarterly Report concerning Disclosure Statement 3q. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=98173.

See more here: Alaska Pacific Energy Corp. (ASKE: OTC Link) | Quarterly Report

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Alaska Pacific Energy Corp. (ASKE: OTC Link) | CORRECTION: Director Resigns

Category : Stocks

September 4, 2012. Alaska Pacific Energy Corp. reports that Mr. Al Beaton,P.Eng, has resigned from the board of directors effective immediately.


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Cathay crew to continue smiling

Category : Business, World News

Cathay Pacific Airways customers will be greeted with a smile after all, following the end of a labour dispute.

Continued here: Cathay crew to continue smiling

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Teck Provides Update on Coal Shipments

Category : Stocks

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 21, 2012) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) (“Teck”) announced today that coal sales for the fourth quarter of 2012 are expected to exceed prior guidance of 6.2 million tonnes, and production for the first quarter of 2013 is not expected to be materially impacted by the damage to Berth 1 at Westshore Terminals. Teck will use alternative shipping options throughout the duration of the repairs at Westshore, including securing additional capacity through Neptune Terminals, Pacific Coast Terminals, Thunder Bay Terminals and Ridley Terminals. On the basis of Westshore’s estimated repair schedule for Berth 1 and expected loading capacity for Berth 2, Teck expects to have total shipping capacity of approximately six million tonnes in the first quarter of 2013.

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