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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 Chinese balancing act

Category : Business

How services are taking over from manufacturing in China

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Strike affects Bus Eireann services

Category : Business

Bus Eireann says the “vast majority of its services” are not operating due to industrial action, including some cross-border services.

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Exclusive: Three Arch co-founder forms new VC firm

Category : Business

Veteran venture capitalist Wilf Jaeger launching new firm focused on healthcare services.

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Markets soar as US unemployment hits lowest level since 2008

Category : Business

Dow Jones Industrial Average pushed past 15,000 briefly after figures showing joblessness had fallen to 7.5% in April

Stock markets rose to record levels as the job market avoided a feared spring freeze by adding 165,000 new jobs last month, marking a four-year low in US unemployment.

Joblessness fell to 7.5% in April, its lowest since December 2008, in news that pushed the Dow Jones Industrial Average past 15,000 briefly and saw Standard & Poor’s 500-stock index pass 1,600 for the first time. After the initial surge the Dow Jones Industrial Average edged back below 15,000 in the afternoon, while Standard & Poor’s 500-stock index also slipped back below 1,600.

Figures from the US labour department came after a week of worrying signals for the US’s fragile economic recovery as the Federal Reserve warned that Washington’s budget cuts were holding back the economy.

Federal budget reductions, triggered by the sequestration spending cuts, started in March and initial estimates of the immediate impact on jobs was negative. However, those figures were revised up alongside the publication of the April data. The Bureau of Labour Statistics (BLS) dampened fears of a slowdown on Friday as it declared that the US had added 114,000 jobs over February and March.

In a note to clients, Dan Greenhaus, chief strategist at trader BTIG, said sequestration seemed to have had “little to no effect on this report”.

The number of long-term unemployed – those jobless for 27 weeks or more – declined by 258,000 to 4.4 million and their share of the total declined by 2.2 percentage points to 37.4%. Over the past 12 months the number of long-term unemployed has decreased by 687,000, and their share has declined by 3.1 points.

The BLS said that over the prior 12 months employment growth had averaged 169,000 per month. The figure is still low after revisions but the latest report paints a far healthier picture of the jobs market than had been expected.

The private sector added 176,000 new jobs last month. Professional and business services added 73,000 jobs in April and have added 587,000 jobs over the past year, said the BLS.

Employment in temporary help services rose 31,000, professional and technical services added 23,000, and retail trade employment increased by 29,000 in April. The BLS said last month that retail had shed 24,000 jobs, triggering concerns about a slowdown in spending after the imposition of payroll taxes at the end of the year. The manufacturing sector, a closely watched gauge of broader economic strength, was unchanged in April, while government employment fell by 11,000.

UK services sector growth speeds up

Category : Business, World News

The UK’s services sector, which accounts for around 75% of the economy, grew by its fastest rate in eight months in April, new data suggest.

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Mossack Fonseca & Co. Sponsors the International Film Festival of Panama

Category : Stocks

PANAMA CITY–(Marketwired – May 3, 2013) –  Mossack Fonseca & Co. will participate as a sponsor of the International Film Festival of Panama (IFF Panama), which will be held from 11 to 17 April 2013. The company participates as a law firm specializing in intellectual property and other legal services. Carlos Sousa-Lennox, Director of Marketing for the company, said: “We are pleased to work with the various cultural initiatives and the protection of intellectual property in this way to support national and international artists.”

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General Finance & Development, Inc. (GFDV: OTC Pink Current) | General Finance and Development Holds Annual Shareholders Meeting

Category : Stocks

General Finance and Development, Inc. (OTC Markets: GFDV).

The annual meeting of the shareholders was held Thursday April
25, 2013 at the offices of General Finance and Development, Inc.

The election of the directors was voted with 91% of the
shares voting.

It was resolved that the current directors are elected for an
additional one more year and/or until the next shareholders meeting.

Chairman and CEO William Kieger reviewed 2012 results and
disclosed that wholly owned subsidiary Corporate Art Force year-to-date sales
orders were up 20% over the same time period in 2012.

No other business was presented or transacted.

General Finance and Development, Inc. provides capital and
business development services to small and medium size companies. Capital is
provided to qualified companies by equity and/or strategic loan agreements.
Business development services include business planning, organization and
management development. GFD also pursues merger/acquisitions and joint venture
projects.

The
foregoing material may contain forward-looking statements. We caution that such
statements may be subject to uncertainties and that actual results could differ
materially from the fore-going statements. Readers accordingly should not place
undue reliance on these forward-looking statements which do not reflect
anticipated or unanticipated events or circumstances occurring after the date
of these forward-looking statements. More information regarding General Finance
and Development including financial statements and reports is available at the
company’s website www.genfd.com and www.otcmarkets.com.

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NTC Agrees to Payment Schedule With Former Mine Contractor

Category : Stocks

VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 24, 2013) - North American Tungsten Corporation Ltd. (TSX VENTURE:NTC) (“NTC” or “the Company”) is pleased to announce that it has reached an agreement with Procon Mining & Tunnelling Ltd. (“Procon”) on a schedule for payment of final amounts due in respect of a contract under which Procon provided mining services to the Cantung mine. The Company is now using its own workforce for such services.

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Eurozone output ‘continues to fall’

Category : World News

Activity in the eurozone’s manufacturing and services sectors continued to fall in April, a survey indicates, with output in Germany declining.

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Enseco Energy Services Corp. Announces Results for the Nine Months Ended December 31, 2012

Category : Stocks, World News

CALGARY, ALBERTA–(Marketwired – April 19, 2013) – ENSECO ENERGY SERVICES CORP (“Enseco” or the “Company”) (TSX VENTURE:ENS) is pleased announce its financial results for the nine months ended December 31, 2012.

Please note that the corporation changed its year end to December 31 and these results are for a nine month period only.

See original here: Enseco Energy Services Corp. Announces Results for the Nine Months Ended December 31, 2012

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