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Government plans to invest R21bn in the new Brics bank, but industry players this week questioned whether it would benefit the local economy.
Liberia said it would deny permission for any crew to disembark from ships at the country's four seaports until the Ebola epidemic was under control.
The Co-operative Group endorsed a radical shake-up of its board structure, designed to avoid a repeat of the mistakes that brought Britain's biggest mutual to i...
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The euro lifted off its lows and the region's shares sagged as a new five-year low in euro zone inflation was viewed as not extreme enough to force the European Central Bank back into its increasingly bare policy cupboard....
Gold prices steadied, paring earlier losses as stock markets slipped lower on both sides of the Atlantic, and remained on track to end the month with a small gain.
US stocks were slightly lower, with investors finding few reasons to extend a long-running rally.
Swiss banks have suffered from a massive outflow of funds since 2008, a survey said.
European shares were poised to end a positive August on a softer note after euro zone inflation data slightly cooled market speculation about fresh monetary stimulus by the European Central bank.
Pilots at Lufthansa's budget carrier Germanwings staged a six-hour strike.
The International Monetary Fund urged the US to boost incomes for the poor, including raising the minimum wage.
Hopes for AstraZeneca's promising cancer drug pipeline were boosted by news the company had moved its immuno-oncology medicine MEDI-4736 into a mid-stage study in colorectal cancer.
“Africa has to move away from agriculture for food in the stomach to agriculture for wealth into the economy and into the pockets of farmers.”
A series of share buybacks in Europe is sending a mixed message about the economic recovery - companies are financially healthy, but they also seem reluctant to reinvest cash in a stalling economy.
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