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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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Swedish salmon sales ‘breached ban’

Category : Business, World News

Firms in Sweden have sold about 200 tonnes of Baltic salmon in Europe despite an EU ban targeting toxic chemicals in fish.

More: Swedish salmon sales ‘breached ban’

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£100m NI tax loophole to be closed

Category : Business, World News

A tax loophole that allows firms to dodge £100m a year in National Insurance will be closed under a new scheme targeting offshore payroll services.

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MorphoSys and Heptares Sign Alliance to Develop Antibody Therapeutics Targeting GPCRs

Category : Stocks

MARTINSRIED, GERMANY and MUNICH, GERMANY–(Marketwire – Feb 13, 2013) – MorphoSys AG /
MorphoSys and Heptares Sign Alliance to Develop Antibody Therapeutics
Targeting
GPCRs. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

See the original post here: MorphoSys and Heptares Sign Alliance to Develop Antibody Therapeutics Targeting GPCRs

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Bank chief calls for further action

Category : Business

Bank of England Governor Sir Mervyn King calls for further action to boost the UK’s economy and suggests a review of the Bank’s inflation targeting.

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Addex Scientists Discover and Characterize the First Potent and Selective Small Molecule Negative Allosteric Modulator Targeting mGlu7 receptor

Category : Stocks

GENEVA–(Marketwire – Dec 20, 2012) – Addex Therapeutics /
Addex Scientists Discover and Characterize the First Potent and Selective
Small
Molecule Negative Allosteric Modulator Targeting mGlu7 receptor
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

More: Addex Scientists Discover and Characterize the First Potent and Selective Small Molecule Negative Allosteric Modulator Targeting mGlu7 receptor

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Brookfield and Johnson Controls to Merge Australian and New Zealand Property and Facility Services Operations to Create Brookfield Johnson Controls

Category : Stocks

Global companies create new entity targeting A$18 billion outsourced property services market in Australia and New Zealand

Excerpt from: Brookfield and Johnson Controls to Merge Australian and New Zealand Property and Facility Services Operations to Create Brookfield Johnson Controls

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AARP seeks startups for seniors

Category : Stocks

Forget the kids. Entrepreneurs may begin targeting a much larger market.

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Facebook shares hit new low on worries about its mobile strategy

Category : Business

First set of results as public company show revenues in line with forecasts but mobile concerns remain

Facebook shares have fallen to a new low as the year’s biggest flotation continued its disastrous decline.

The social network dropped 17% to $22.28 as investors logged out following its first set of results as a public company. Revenues of $1.18bn ($750m) matched analysts expectations, but Wall Street was worried about the growing number of mobile users – now thought to account for 57% of the business – since the company has so far found it difficult to make money from advertising on these accounts.

Its shares had already come under pressure on Thursday after poor results from gaming group Zynga, which accounts for 12% of Facebook’s revenues.

The company floated at $35 a share in May, but it has been on the slide more or less ever since with many analysts saying they had been priced too dearly. But analysts at Morgan Stanley, the lead bank behind the much-hyped float, repeated their $38 price target although they admitted:

While we believe Facebook will lead the market in mobile ad targeting, agency and brand transitions to mobile may take longer than expected. Facebook must find the right balance of information sharing that will enable it to deliver favorable ad targeting, but not antagonize users or legislators who desire greater levels of privacy.

However the shares could come under further pressure in the run up to 19 August, when some early investors will be able to sell their shares, potentially flooding the market with stock.

Cameron defends economic policies

Category : Business, World News

The prime minister says the government has acted “decisively” on the economy, as he addresses an Olympics event targeting investment in the UK.

Link: Cameron defends economic policies

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Elderly warned on pressure sales

Category : Business

Older people and their families are warned to beware of scam operations targeting the elderly.

Read the rest here: Elderly warned on pressure sales

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