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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to 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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Spanish economic decline worsens

Category : Business, World News

Spain’s economic downturn worsened in the last three months of 2012, official data indicates, while across the eurozone retail sales continued to fall.

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AUDIO: More Scottish clubs ‘in financial trouble’

Category : Business

The finances of Scottish football clubs have worsened in the last six months, according to a survey.

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King ‘pessimistic’ about economy

Category : World News

Bank of England governor Sir Mervyn King says he is “pessimistic” about the global economy, saying the situation has worsened in the past few weeks.

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Icahn Buys 7.6% of Chesapeake Energy, Seeks Major Board Change

Category : Business, Stocks

NEW YORK (TheStreet) — The rumors about Carl Icahn taking a stake in Chesapeake Energy were true, though what it will mean for the embattled — and stubborn — oil and gas company remains uncertain.

Activist investor Icahn revealed a 7.6% stake in Chesapeake Energy after the close on Friday, larger than the 4% stake that had been rumored in the press for weeks, and larger than the 5.8% stake that Icahn had amassed in late 2010, before selling at a quick profit.

While Icahn’s 2010 investment didn’t pan out as an activist push and the shareholder return destruction and corporate governance issues have only worsened since for Chesapeake Energy, this time Icahn says he is playing the stock for activist reasons. Carl Icahn …

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