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Hundreds of Nissan Z® Enthusiasts Descend on Nashville for 23rd Annual International Z® Car Convention

29 July, 2010


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FRANKLIN, Tenn., July 30 /PRNewswire-FirstCall/ — Hundreds of Nissan Z® enthusiasts are expected to descend on Nissan North America, Inc. (NNA) headquarters this week for the 23rd Annual International Z® Car Convention in Nashville.  This year marks the 40th anniversary of the original Datsun 240Z.  One of the highlights of the convention, which runs from July 28th through August 1st, will be a day-long car show on Saturday on the front lawn of Nissan’s recently opened headquarters building in Franklin, Tennessee.

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SMEs rocked by aftershocks of recession

29 July, 2010

The bulk of British businesses are yet to return to pre-credit crunch levels of profitability.

RSM Tenon’s Business Barometer found that 70 per cent  of entrepreneurs are still waiting for their business to return to the levels seen before the financial crisis erupted in 2007.
 
Three years on and one in ten entrepreneurs (9 per cent) believe it will take at least another three years for their businesses to return to normal levels. Twenty-seven per cent predict it will take one to two years and one-fifth think two to three years is a more realistic timeframe for business levels to be restored.
 
Business-owners will be cheered to hear that RSM Tenon expects another 20,000 business failures this year. The

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Golden parachutes

26 July, 2010

ON TUESDAY July 27th BP announced its chief executive, Tony Hayward, was stepping down after just three years in the job. He leaves with a year’s salary, £1m ($1.6m), and a pension reported to be worth £11m, accrued over 28 years of service. On the same day the company revealed a quarterly loss of £17 billion, reflecting the cost of the oil spill in the Gulf of Mexico. Mr Hayward has received criticism over his handling of the Deepwater Horizon spill. For

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Emerging Capital Partners Closes Africa Fund III at $613 Million

24 July, 2010

WASHINGTON, July 25 /PRNewswire/ — Emerging Capital Partners (ECP), an international private equity firm focused on investing across the African continent, announced today the final close of its ECP Africa Fund III PCC (Africa Fund III) with total commitments of over $613 million.  Africa Fund III, one of the largest funds ever raised for investment across the African continent, marks the seventh fund managed by ECP, bringing the firm’s total capital raised to more than $1.8 billion, with more than $1 billion invested to date.

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Small Talk: WorldSpreads bets on popularity with online gamblers

23 July, 2010

It’s 2am. You’ve been out and had rather too much to drink and you want to carry on into the small hours. There are of course a number of online options available, some of them you might not want to share, but increasingly, people that find themselves firing up the laptop and turning to international currency markets, and financial spreadbetting.

Aim-listed WorldSpreads says that people from every walk of life, from south London bus drivers to professional traders, are turning to spreadbetting – not least because betting duty is the only charge you pay on your winnings.

Conor Foley, the group’s founder and chief executive, says that the market has served his group well: it has enabled it to pay back some long-standing investors, and the Aim’s reporting requirements have imposed a discipline that might otherwise have been missing.

As well as catering for people who want to trade equity, currency and bond markets, WorldSpreads is providing the infrastructure for a number of online gambling groups. <

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