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A study has revealed that China has committed more than $75 billion to Africa in the past decade, at a very close second to the United States.
German auto giant Volkswagen vowed Monday to remain watchful after seeing its profit swerve sharply downwards in the first three months of the current year.
The euro rose against the dollar but is likely to be held in check by expectations of an interest rate cut by the European Central Bank.
Greek lawmakers on Sunday approved a reform law to unlock about €8.8 billion of rescue loans from the European Union and the International Monetary Fund.
Asian shares inched ahead while the dollar lost ground.
Brent crude eased under $103 a barrel on Monday as investors fretted about the uncertain outlook for growth
Kenyan mobile telephone money application allows subscribers to operate savings accounts, earn interest on deposits and borrow money using their mobile phones.
Abu Dhabi is putting finishing touches to plans to establish a financial free zone that could resemble the Dubai International Financial Centre.
Venezuelan President Nicolas Maduro has pledged to maintain the close alliance with Cuba forged by his late predecessor, Hugo Chavez.
Chevron has resumed operations in a unit at its refinery in California's Bay Area that was shut down after a massive fire last year.
Chile's top statistician has resigned over accusations regarding figures of the country's census.
Facebook CEO Mark Zuckerberg reaped a gain of nearly $2.3 billion last year when he exercised 60 million stock options just before going public.
South African mining magnate and executive chairman of African Rainbow Minerals has plans to invest in Guinea's iron ore industry
Incentives to grow the economy of small towns in the country, have been tabled in a new bill that is before Parliament.
Facebook CEO Mark Zuckerberg reaped a gain of nearly $2.3 billion last year when he exercised 60 million stock options, just before going public with shares in his company.
Industrialised nations' greenhouse gas emissions dipped 0.7% in 2011, helped by a U.S. shift from high-polluting coal in power plants.
State owned airline South African Express has reported a shocking R187 million loss for the financial year ending 2011.
South African stocks ended a touch lower on Friday, as another battering of gold producers such as Gold Fields outweighed a rise in banks and retailers.
The US economy grew at a pace of 2.5% percent in the first quarter of 2013, with cuts in government spending offsetting private consumption and investment gains.
Honda Motor Co Ltd and Mazda Motor Corp expect to post vastly higher profits this financial year as they take advantage of export-friendly currency moves.
Africa's brisk economic growth over the past decade has been consumer driven, a much-hyped trend that masks the fact that the region remains far too reliant on commodities.
Yahoo Chairman Alfred Amoroso is joining what has become a mass exodus from the Internet company's boardroom.
The US and Japan says it will formally approve Boeing's 787 battery fix that will clear the way for the troubled aircraft to fly again.
Global sales of instant noodles have topped 100 billion units annually -- more than one monthly serving of the portable meal for every person on the planet.
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