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Celebrating the Birth of a School

Celebrating the Birth of a School recognizes the opening of The HeartShare School in Brooklyn that focuses on children with autism and spectrum disorders. In addition to celebrating the opening of HeartShare’s newest program, the Gala also benefits 17,000 New Yorkers served by HeartShare each year. Attendees can expect to start the evening with a cocktail hour that will allow time to bid on a variety of items within the silent auction. Past auction items have included airfare and tickets to the Oprah Winfrey Show, an autographed basketball shoe from Miami Heat’s Shaquille O’Neal, memorabilia from New York Mets Jose Reyes, David Wright and Steve Trachsel and legendary singer Barbra Streisand. This year’s auction items include VIP Passes to the Macy’s Thanksgiving Day Parade, a Golf Resort getaway, an all-terrain vehicle, and more will provide entertainment for the entire family.

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Met hun gedurfde nieuwe reclamecampagne laat Marsh de andere kant ...

Rather than being solely something to guard against, Marsh believes managing risk smartly can give proactive companies a competitive advantage in their marketplace. "This campaign expresses our belief there should be a new, more complete approach to managing risk going forward, and also signals to our clients and the market that Marsh is back on its front foot," said Brian Storms, chairman and chief executive officer of Marsh. "There's no company in the world better positioned than we are to help clients understand the new realities of risks, mitigate them, and turn them into opportunities for upside." The Marsh campaign is running in print publications both in the U.S. and globally, including The Wall Street Journal, New York Times, Financial Times and key local and trade media. There is also an aggressive out of home campaign in several major cities throughout North America that includes airports, bus shelters, billboards and subway elements.

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Sweetly fumbling toward love

Cashback is a sweet, melancholy comedy for rueful romantics that should have landed here to honour St. Valentine. But we'll happily take it in the name of St. Patrick.

This expanded feature-length version of the 2006 Oscar-nominated short film by hugely talented young British writer-director Sean Ellis deals with the unhappy consequences of being dumped by a girlfriend.

The question asked is, What is love, anyway? And while we're at it, What is beauty? As formulated by shoe-gazing art student Ben Willis (appealing Sean Biggerstaff, the Quidditch captain in the first two Harry Potter films), there is no easy answer.

Ben is in pain. One day he's thick as thieves with Suzy (Michelle Ryan). The next, she's ditched him for a bigger man on campus. Because he's a sensitive artist, he takes the news like a shaft to the heart.

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Ahlibank launches chip-based credit cards

Ahlibank has launched new chip-enabled credit and debit cards, offering customers additional security against frauds.
The EMV (Europay Mastercard Visa) compliant card, also known as smart cards, carries data that ensure that it could be used only by an authorised customer, Ahlibank said.
Once all retail outlets have point-of-sale machines to read the smart chip, cardholders need to key in a secret PIN number, that reduces the risk of fraud.
Apart from enjoying higher protection against frauds, the customers also get a range of benefits including insurance and a package of reward options at a later stage.
Smart chip technology is gaining worldwide acceptance and a large volume of card transactions across the world are now carried out by 'chip and PIN'.

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Nanjing Automobile produces MG Rover cars

In a reversal of fortunes of both the British and Chinese auto industries, the Nanjing Automobile Group Corp. (NAC), started to make Britain's famed little sports car the MG in Nanjing.

NAC's new plant in Pukou area of Nanjing can produce 200,000 MG Rovers a year. The company won't say how many cars it will produce this year.Investment in the 300,000-square-meter factory will total 3.5 billion yuan (450 million U.S. dollars) over the next five years.

NAC bought the failed British carmaker MG Rover in July 2005 for 97 million U.S. dollars.

NAC will first make the MG7, a mid-scale sedan, and the MG TF sports car, which the company claims will be the first real sports car to be manufactured in China.

Construction of the new plant started last March. "It's amazing that in just one year's time, NAC has transferred equipment and facilities from the UK and has started producing cars," said Paul Stowe, NAC's quality director who has worked for MG Rover for 10 years.

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Celebrating the Birth of a School

Celebrating the Birth of a School recognizes the opening of The HeartShare School in Brooklyn that focuses on children with autism and spectrum disorders. In addition to celebrating the opening of HeartShare’s newest program, the Gala also benefits 17,000 New Yorkers served by HeartShare each year. Attendees can expect to start the evening with a cocktail hour that will allow time to bid on a variety of items within the silent auction. Past auction items have included airfare and tickets to the Oprah Winfrey Show, an autographed basketball shoe from Miami Heat’s Shaquille O’Neal, memorabilia from New York Mets Jose Reyes, David Wright and Steve Trachsel and legendary singer Barbra Streisand. This year’s auction items include VIP Passes to the Macy’s Thanksgiving Day Parade, a Golf Resort getaway, an all-terrain vehicle, and more will provide entertainment for the entire family.

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Debunking auto insurance myths

Just as there are many differences between a Toyota and a Lexus, there are many differences between auto insurance policies, although you have to look more closely to spot them. However, choosing a low-cost auto insurance policy may end up costing you thousands of dollars. The familiar pitch, "save hundreds of dollars in 15 minutes," obscures complex coverage issues that may have you paying much more in the end.

Your Liability Exposure

Many auto insurance policies have low liability limits which don't reflect an individual's true worth. In fact, in several states, the recommended limits are as low as $25,000. Because every auto insurance policy is different, it's best to read your policy carefully and make sure you're not part of the up to 50 percent of drivers who are under-insured.

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Reddy doesn't have magic pill

Zooming credit: The main problem is that the brakes havent worked so far. Banks have raised interest rates repeatedly and the RBI has been stamping hard on liquidity, but all these moves have had little impact on credit growth. RBI data on Saturday showed that as of March 16, 2007, credit growth was nosing 29%. Thats just a shade below the average credit growth of 30.38% for the last one year, according to Bloomberg Data.

More importantly, the number is 400 basis (4%) points above the RBIs stated comfort zone of 25% or less credit growth.

Banks and corporates continue to mop up money through floating rate notes and yen borrowings abroad. This is a double whammy for the RBI: the resultant forex inflows upend the RBIs efforts to slow down credit growth and infuses additional rupee liquidity, which feeds inflation.

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Report: Wal-Mart moves to offer more financial services

Wal-Mart Stores Inc. has renegotiated the terms of leases with several banks that operate in its stores to give Wal-Mart the right to offer financial service products it does not currently sell, such as mortgages, home-equity lines of credit and consumer loans, according to a report.

The Wall Street Journal reported that at least one of the leases, obtained by Dow Jones Newswires, also gives the store the ability to offer debit cards and investment products.

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Our Readers' Views

I see where citizens who live in the Port of Vancouver's tax district are gathering signatures to place an initiative on the ballot to repeal the tax increase imposed by the port to buy industrial land. Here in Camas and Washougal, we may see a similar action by our port. However, our port will more than likely be asking to purchase waterfront land to hand over to RiverWalk, LLC, so they can build condominiums and retail shops for a ridiculously low lease- agreement.

I want to be the first to tell the Port of Camas-Washougal that I will oppose any new port taxes to purchase private land to promote RiverWalk, LLC. Further, because the port has committed millions of dollars in public assets toward a lease agreement that was not approved by the public, nor was the lease open for competitive bidding from other developers, might this contract be interpreted as gifting state assets?

Bernice S.

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Running the realty check

One of the first companies to attract strategic foreign investments in India's real-estate sector, Mantri Developers is focused on residential as well as commercial realty. In an interview to Business Line, Mr Sushil Mantri, Chairman and Managing Director of the company, dwelt on several issues of interest to investors in property as well as property stocks. What is the business model that works in the residential space? How should investors evaluate IPOs of realty companies? He also discussed the benefits that Morgan Stanley's investment has brought to the table for Mantri and the competencies required to tap such Private Equity (PE) investors.

Excerpts from the interview:

Why do you think Mantri was the preferred option for Morgan Stanley's first investment in India's real-estate sector?

We started our operations in 1999 and from Day One we had set some norms, including that we will do all the projects through one company.

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Credit cards pick up fee if you damage rented car

When you try to use your credit card to cover collision damage to a rental car, the rental agent may lie to you about the coverage your card provides. Recently, I received e-mails from two readers reporting on the same scam at two rental companies: Agents told them that although their cards covered damage to the vehicle, they didn't cover the additional "loss of use" fee the car company would collect for the rental revenue lost while a damaged car was out of service. That statement is a flat-out lie.

When you rent a car, you're on the hook for any damage done to that car during your rental, plus loss of use, so you have to find some way to cover your risk. Rental companies, of course, are happy to sell a "collision damage waiver" (CDW) or "loss and damage waiver" -- essentially the same thing -- to absolve you of that risk.

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US STOCKS-Indexes slip on growth worry, profit-taking

NEW YORK, May 14 (Reuters) - U.S. stocks fell on Monday as renewed concerns about the economy's health overshadowed news of a $7.4 billion deal to buy a majority of Chrysler.

In addition, investors opted to take profits after six straight weeks of gains by the main indexes, traders said.

The Dow Jones industrial average (.DJI: Quote, Profile, Research was down 16.90 points, or 0.13 percent, at 13,309.32. The Standard & Poor's 500 Index (.SPX: Quote, Profile, Research was down 6.50 points, or 0.43 percent, at 1,499.35. The Nasdaq Composite Index (.IXIC: Quote, Profile, Research was down 22.69 points, or 0.89 percent, at 2,539.53.

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Businesses urge govt to define 'hoarding'

Country's businesses yesterday urged the government to provide them with a guideline defining the volume of stock of essentials that will be treated as hoarding.

Business leaders from across the country also promised their all-out cooperation with the government actions against the hoarders and food adulteration and sought revision of the law regarding stockpiling of essential products.

"To meet the market demand I need to maintain a reserve of 500 sacks of rice every day. But, if the joint force finds such an amount of rice at a place, they suspect it as hoarding, and the businessmen are harassed," said Shahjahan Mollah, president of Faridpur Chamber of Commerce and Industry.

There is no doubt that the joint force is working for collective interest but they should understand the reality and try to feel which actions are actually required to benefit the people, he said.

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Fitch Rates Indiana Finance Auth $211.5MM Lease Appropriation Bnds ...

NEW YORK--(BUSINESS WIRE)--Feb. 28, 2007--Fitch Ratings assigns an underlying 'AA' rating to approximately $211.5 million Indiana Finance Authority (authority) lease appropriation bonds (stadium project), series 2007A. The bonds are expected to be sold the week of March 5 through negotiation with a syndicate led by J. P. Morgan Securities Inc. The bonds are insured by the Financial Guaranty Insurance Company, whose insurer financial strength is rated 'AAA' by Fitch. In addition, Fitch affirms at 'AA' approximately $2.9 billion of Indiana's appropriation debt. The Rating Outlook is Stable. Indiana does not issue general obligation debt, rather meeting a bulk of its capital needs through debt issuance by the authority, which by its creation in 2005 consolidated debt issuance for the state. The 'AA' rating is based on Indiana's solid lease/appropriation credit, the importance of the stadium and convention center project to the state, and the lease and moral obligation provisions.