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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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EU warns China over telecom payments

Category : Business

The EU warns it may investigate claims that Chinese telecom firms have been paid subsidies, allowing them to flood markets with cheap equipment.

Read the original here: EU warns China over telecom payments

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Amazon paid £2.4m in tax in 2012

Category : Business, World News

Amazon’s UK unit paid £2.4m in corporation tax last year, despite making sales of £4.3bn, the online retailer’s accounts show.

See original here: Amazon paid £2.4m in tax in 2012

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VIDEO: YouTubers welcome charging plan

Category : World News

Two of the UK’s most popular YouTube stars talk about new paid subscriptions coming to the site.

Original post: VIDEO: YouTubers welcome charging plan

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Greece: Three years after the bailout

Category : Stocks

In May 2010, Greece turned to the EU and IMF for help. But the nation has paid a heavy price in lost output and soaring unemployment.

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Global eTelecom, Inc. to Be Featured on 21st Century Business Television May 8 and May 11, 2013

Category : Stocks

FT. WALTON BEACH, FL–(Marketwired – May 7, 2013) – Multi-Media Productions (USA), Inc. is pleased to announce that Global eTelecom, Inc. (GETI) will be airing on 21st Century Business on CNBC (as paid programming) on May 8, 2013 and on the Fox Business Network (as paid programming) on May 11, 2013. Click for CNBC Airing Schedule. Click for Fox Business Airing Schedule.

Continue reading here: Global eTelecom, Inc. to Be Featured on 21st Century Business Television May 8 and May 11, 2013

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Shots fail to pay players’ wages

Category : Business, World News

Aldershot Town chairman Shahid Azeem confirms the League Two club have not paid players their wages for April.

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Akzo Nobel N.V. (AKZOY: OTCQX International Premier) | AkzoNobel shareholders approve dividend

Category : Stocks, World News

April 26, 2013

At today’s Annual General Meeting (AGM), shareholders of Akzo Nobel N.V. (AkzoNobel) adopted the company’s 2012 financial statements and agreed that the 2012 financial year dividend would be €1.45 (2011: €1.45) per common share. An interim dividend of €0.33 was paid in November 2012, which means the final payment will be €1.12 per share.

The final dividend will be paid on May 29, 2013. Under the conditions to be published by the company and at the shareholder’s election, this dividend will be paid either in cash or in stock. The AkzoNobel shares will be traded ex-dividend on Euronext Amsterdam as of April 30, 2013. The record date is May 3, 2013.

Board of Management changes
Tex Gunning and Leif Darner stepped down from the Board of Management effective April 26, 2013. The AGM thanked Mr. Gunning and Mr. Darner for their respective contributions to AkzoNobel.

Amendments to the Board of Management remuneration policy
Shareholders also adopted all other proposed resolutions, including amendments to the Board of Management’s remuneration scheme. The amendments to both short and long term incentives are intended to more closely align executive remuneration with AkzoNobel’s strategy, as announced on February 20, 2013.

Details of the amendments are available on the company’s website.

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AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to excellence and delivering Tomorrow’s Answers Today(TM).

Not for publication – for more information

Corporate Media Relations, tel. +31 20 502 7833

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RusHydro JSC (RSHYY: OTCQX International Premier) | RusHydro paid coupons on series 01 and 02 bonds

Category : World News

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Axminster Carpets to keep weaving after purchase by local consortium

Category : Business

Undisclosed sum paid for 258-year-old firm which went into administration in March with loss of 300 jobs

The carpet firm Axminster has been saved from closure by a consortium of local business people.

The company went into administration in March after a 258-year history that saw it supplying carpets for government and royalty. Thousands of people backed the campaign to rescue the heritage brand, which had been buffeted by the combination of rising commodity prices and dwindling sales in the economic downturn. Around 100 jobs will be secured, although 300 people were made redundant last month.

The price paid by the local consortium to the administrators has not been disclosed, but the deal means the company’s factory and outlet shop in Axminster, and another outlet in Buckfast, will keep running.

Speaking for the administrators, Benjamin Wiles said: “We are absolutely delighted to be able to announce that we have secured the future of Axminster Carpets, one of the best-known British brands, following the successful sale of the business and assets of the company to Axminster Carpets (2013).

“It is a great result to secure the continuance for such an iconic name. I believe we have secured the best possible outcome for the local region and most importantly the staff.”

The new Axminster Carpets company will be led by Josh Dutfield, a former managing director and the grandson of Harry Dutfield, the man who revived the company in the early 20th century. Josh Dutfield said he and his colleagues had “been truly overwhelmed by the support received from the residents of the town of Axminster in our endeavours to secure the future of the business”.

The small Devon town saw carpets first manufactured in 1755, and had become synonymous with the trade before recent struggles put its local future in doubt.

Katharine Hamnett: ‘There’s a lot of testosterone in nuclear power’

Category : Business

The campaigning fashion designer is back with anti-Trident T-shirts. After attending the CND march at Aldermaston, she’s more fired up than ever – threatening to form a political party

I woke up so depressed on Tuesday morning,” says Katharine Hamnett – evenly, quietly, the way she says everything. “I felt like killing myself, and then I thought, ‘Actually, I’m going to launch a political party.’” I look for a

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