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Chain will open stores in Shanghai next year.

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In the past, handling all these can be easy. But because of the growing demands in businesses today, you have to consider that it will be difficult for your company to cope up with todays competitiveness in the business world. Your company should maximize its resources in order to remain competitive with other companies.

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TILBURY has publicly renewed its call for planning permission to be granted on 65 acres of development land, freeing up space for a major push towards domination of the growing southeast England ro-ro market.

THE newly elected chairman of the International Association of Classification Societies has pledged to ?rebalance? the lack of influence from the Far East in dealings with the International Maritime Organization.

ORIENT Overseas Container Line and Cheng Lie Navigation Co (CNC Line) have suspended their plans to impose an emergency bunker surcharge on the Hong Kong/South China-Taiwan trade, which was due to start on July 1, following shippers? complaints over eight other lines announcing similar EBS plans on the same route.

VICTIMS of the Norway explosion have demanded tens of millions of dollars towards full restitution, and accused operator Norwegian Cruise Line of ?placing corporate profits ahead of safety?.

GENOA port president Luigi Merlo has expressed grave concern over an announced freeze on hiring public employees, writes John McLaughlin.

HONG Kong-listed port operator, container manufacturing and leasing company Cosco Pacific has signed a container sale and leaseback deal with the Commonwealth Bank of Australia, writes Sandra Tsui in Hong Kong.

THE United Nations has lifted a seven-year travel ban on US-based Liberian registry consultant Gerald Cooper, who has been linked to disgraced ex-Liberian president Charles Taylor.

CMA CGM chairman Jacques Saad has proposed restricting oil futures trading as a means of curbing speculation, which he says is behind the current surge in oil prices, writes Andrew Spurrier in Paris.

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CSBC Corp, Taiwan?s largest shipyard, may seek revised terms on its shipbuilding contracts, according to its chairman Cheng Wen-lon, writes Mike Grinter in Hong Kong.

ON the 20th anniversary of the Piper Alpha oil platform disaster in the UK North Sea, a Norwegian company has been ordered to improve drilling conditions on a key production platform, writes Martyn Wingrove.

FRIDAY, JULY 4

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Oil prices continue to climb with US light crude at a record closing price and London Brent above $146.

Interest rates in eurozone countries increase for the first time in 12 months in a bid to combat inflation.

Mobile provider Vodafone is to expand its presence in Africa by buying a majority stake in Ghana Telecom for 452m.

US firms cut jobs for a sixth month in June, stoking fears the world’s largest economy is heading for a recession.

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Have you ever met a person that will argue any point just for the sake of arguing? I worked with two guys that had this type of personality. The two of them could debate an issue for hours, and each thought they knew more than the other. I tried to avoid both of them when they were into one of their discussions. I learned that if I needed a fast answer to a question I should not ask either on of them. If you started talking to either one the other would some how find a way to join in and take the opposite point of view.

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Try to imagine that you need a business process to be finished. You hire a professional in your country that charges about a hundred dollars to get the job done. This can prove to be too expensive for your company. What if you can get the job done, with the same quality made by a person with the same qualifications as the person you hired before, to do the particular business process at half the price?

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Cosco Shipping stock soars on back of profits
COSCO Shipping, the Shanghai-listed heavylift and specialist cargo offshoot of China?s largest shipping company, is set to post a near doubling of net profit to about Yuan1.07bn ($147m) for last year, writes Keith Wallis.

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Price of litre of petrol tops 1 for first time in UK as oil surges on a North Sea storm. By Graeme Wearden.

The pound climbed to $2.10 for the first time since 1981 today, boosted by speculation that China was preparing to shift its foreign reserves out of dollars. By Graeme Wearden.

Market report: London shares resumed their downward trek today, knocked by volatile oil prices, a tumbling dollar, jitters around banks and more anxieties on Wall Street. By Katie Allen.

Virgin Media signals that era of upheaval marked by public rows with BSkyB is behind it as the cable TV company posts strongest customer growth in more than a year. By Katie Allen and Chris Tryhorn.

Henkel, the maker of Schwarzkopf hair products, plans to cut thousands of jobs when it completes its 2.7bn acquisition of ICI’s National Starch adhesives business early next year. By David Gow.

British bus and rail operator says soaring oil price forcing motorists out of their cars and on to public transport. By Dan Milmo.

Outlook at fashion chain Next ‘uncertain’ in run-up to Christmas, company warns. By Julia Finch.

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FIS DRY BULK FFA PRICES 24 Jan 2008
For more information on routes or calculations please visit www.balticexchange.com

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