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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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Alexium International Group Ltd. (AXXIY: OTCQX International) | Home Country News Release – Alexium Wins Contract Award to Supply US Marine Corps

Category : World News

Alexium International Group Ltd. has filed a Home Country News Release – Alexium Wins Contract Award to Supply US Marine Corps To view the full release click here (link to PDF).

See the rest here: Alexium International Group Ltd. (AXXIY: OTCQX International) | Home Country News Release – Alexium Wins Contract Award to Supply US Marine Corps

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iFabric Cements Supply Partnership With The North Face

Category : World News

MARKHAM, ONTARIO–(Marketwired – April 2, 2013) – iFabric Corp. (TSX VENTURE:IFA), hereinafter referred to as “iFabric” or the “Company”, today announced that it’s wholly-owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. (“IFTNA”), is to become a supply partner to The North Face®. (Alameda, CA).

“I believe that IFTNA is an excellent addition to the supply chain of The North Face” stated Hylton Karon President and CEO of iFabric. “The North Face is viewed as a market leader in outdoor apparel,” Mr. Karon continued, “We are extremely excited about being paired with such an elite brand” he added.

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Cyprus crisis: Anxious times for residents

Category : World News

In Cyprus, cash is not the only thing in short supply now

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AUDIO: ‘We provide unlicensed drugs’

Category : Business, World News

Today’s Friday boss is Peter George chief executive of Clinigen, a company set up to supply unlicensed medicines to UK patients in cases when a prescribing doctor thinks an unlicensed drug maybe the best option.

Continued here: AUDIO: ‘We provide unlicensed drugs’

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Japan’s Nikkei up 18% this year

Category : Business, Stocks

World stock markets have been piling on the gains as the never-ending supply of central bank cash and hints of stronger economic activity encourage investors to take on more risk.

Original post: Japan’s Nikkei up 18% this year

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Colder weather boosts British Gas

Category : World News

British Gas reports an 11% increase in profits from residential energy supply to £606m after a colder 2012 meant people used more gas.

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VIDEO: Horsemeat chain ‘too complicated’

Category : Business, World News

The managing director of retail chain Morrisons Convenience, Gordon Mowat, says the supply chain has been allowed to get too complicated.

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EU carbon price hits all-time low

Category : World News

The price of carbon under the EU Emissions Trading System hits a record low as Europe’s economic weakness contributes to an over-supply of permits.

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EDF £3bn deal with Network Rail makes trains ‘mainly nuclear powered’

Category : Business

French firm’s eight UK nuclear power stations behind supply to electrified tracks that will power 75% of trains by 2020

The majority of Britain’s trains will be indirectly running on nuclear power for the next 10 years following Network Rail’s agreement to a £3bn deal with EDF to supply electricity to the railways.

At present just over half of rail traffic is electric rather than diesel, but by 2020 three-quarters of Britain’s trains will be running on electricity as another 2,000 miles of tracks are converted, with lines in south Wales, the north-west and the Midlands among the biggest works ahead.

While the French-owned EDF already supplies most of Network Rail’s electricity, the deal puts the company on an exclusive footing until 2024. EDF benefits from guarantees that the railway’s supply of about 3.2TWh of electricity a year will be matched by energy generated from the company’s eight nuclear power stations.

David Higgins, Network Rail’s chief executive, said: “Rail is already the greenest form of public transport and this partnership with EDF Energy will help us make it greener still. Our work to electrify hundreds of miles of railway represents the biggest programme of rail electrification in a generation and will provide faster, quieter and more reliable journeys for millions of passengers every week while cutting the cost of the railway.”

Vincent de Rivaz, EDF Energy’s chief executive, said: “Network Rail is the biggest single electricity customer in the UK so this long-term deal is a massive vote of confidence in our nuclear backed energy.”

Electric trains are regarded by some as not only quieter and potentially more environmentally friendly than their diesel counterparts, but also as causing less wear and tear to the tracks.

Mortgage funds to rise, says Bank

Category : World News

The supply of mortgage funds will be increased “significantly” by the Funding for Lending Scheme, the Bank of England says.

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