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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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Retailers in Bangladesh safety pact

Category : World News

Retailers in Europe, including Hennes & Maurtiz and Inditex which owns Zara, say they will sign an accord to improve safety conditions in factories in Bangladesh.

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Bangladesh building collapse: safety fears grow as death toll mounts – video

Category : Business

Clothes workers in Bangladesh say the recent building collapse in Dhaka has made them concerned for their own safety

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Bird flu eats up Yum profits in China

Category : Business, Stocks

Yum said Wednesday that same-store sales in China dropped 20% in the first quarter, as it continues to grapple with the fallout from a food safety scandal and fears over a new strain of bird flu.

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State Agencies That Adopt Drivewyze Could Meet Core CVISN Requirements for e-Screening

Category : Stocks

LOUISVILLE, KENTUCKY–(Marketwired – April 24, 2013) - The Federal Motor Carriers Safety Administration (FMCSA) has announced that devices such as tablets, Electronic Logging Devices (ELDs) and smartphones are now defined as meeting the interpretation of a “Commercial Mobile Radio Service (CMRS) transponder” under the Commercial Vehicle Information Systems and Networks (CVISN) program.

Excerpt from: State Agencies That Adopt Drivewyze Could Meet Core CVISN Requirements for e-Screening

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McBoring: Dividend stocks rule, but for how long?

Category : Stocks

Boring companies in the consumer durables, health care and utility sectors are surging. Investors are still nervous and looking for safety.

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Greenland halts new oil drilling licences

Category : Business

Government reluctant to hand out new permits while exploration under existing licences will be subject to more scrutiny

The new government in Greenland has slapped a moratorium on the granting of fresh offshore oil and gas drilling licences in the country’s Arctic waters in a move which has been welcomed by Greenpeace but will disappoint the industry.

The ban came as one of the Arctic drilling pioneers, the British company Cairn Energy, failed in a bid to keep an injunction on any protests organised against it by Greenpeace.

A coalition agreement signed by prime minister Aleqa Hammond and others inside a newly elected administration said it would be “reluctant” to hand out any new permits, while exploration under existing licences could only be done under much heavier safety scrutiny. Oil industry experts in London said that a new licensing round that would have opened up waters off the north east of Greenland would not now take place.

Jon Burgwald, Arctic campaigner for Greenpeace in Denmark, said it was good news for everyone: “Until now, the people of Greenland have been kept in the dark about the enormous risks taken by the politicians and companies in the search for Arctic oil. Now it seems that the new government will start taking these risks seriously. The logical conclusion must be a total ban on offshore oil drilling in Greenland.”

Thecoalition agreement makes clear a parliamentary body will be established to scrutinise offshore operations while promising oil spill safety plans will be made publicly available in future.

Greenland, with Alaska and Russia, has been at the forefront of oil company hopes to uncover an estimated 25% of the world’s remaining oil and gas reserves lying under and around the Arctic ocean.

Early drilling operations by Cairn and Shell infuriated environmentalists worried about global warming and concerned that the pristine and icy waters of the far north could be irreparably damaged by any oil spills.

A decision by the former Greenland government and Cairn not to make public any spill response plan caused particular concern and led to Cairn’s Edinburgh headquarters being taken over briefly by protestors dressed as polar bears.

A legal injunction obtained by Cairn against Greenpeace International was lifted on Wednesday although a parallel one against Greenpeace UK, which organised the protest back in 2011, remains in place. Cairn spent $1.4bn (£1bn) drilling without commercial success off Greenland while Shell has just been forced to drop plans to drill again off Alaska this summer after it ran into a series of technical problems in the region during 2012.

Hammond’s Siumut party came to power this month following an election campaign dominated by a debate over the activities of foreign investors and concerns among the 57,000 population that Greenland’s future could be dictated by the demands of potentially polluting new industries rather than traditional Inuit fishing and hunting.

Gold bugs are back … sort of

Category : Business, Stocks

Worries about Cyprus prompted some investors to seek safety in gold.

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Young drivers ‘could save £370′

Category : World News

Young drivers could save up to £370 a year on their car insurance if the government introduced new safety standards, the Association of British Insurers says.

Excerpt from: Young drivers ‘could save £370′

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Orange County Business Council Welcomes Theodore Craver, CEO, Edison International

Category : Stocks

IRVINE, CA–(Marketwire – Mar 4, 2013) – Orange County Business Council is pleased to announce the 2013 Chairman’s Leadership Breakfast Series, beginning Wednesday, March 6, featuring Theodore Craver, Jr., Chairman, President and CEO of Edison International, the parent company of Southern California Edison. Craver will join business leaders and public officials for a candid discussion on the latest news on the San Onofre Nuclear Generating Station (SONGS), evaluate energy and safety issues, and the future prospects of the nuclear plant. The series, sponsored by AT&T and Wells Fargo, is hosted by Thomas Phelps of Manatt, Phelps & Phillips, LLP, and takes place quarterly at the Center Club in Costa Mesa.

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AngloGold Annual Earnings* of $924m, Second-Highest Ever

Category : Stocks, World News

JOHANNESBURG, SOUTH AFRICA–(Marketwire – Feb 20, 2013) – AngloGold Ashanti (NYSE: AU) today announced full-year adjusted headline earnings of $924m, the second-highest on record, despite a difficult year in which an unprotected strike and safety stoppages caused major disruption to its South African operations.

The rest is here: AngloGold Annual Earnings* of $924m, Second-Highest Ever

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