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Roberta Annan Earns B20 Trade & Investment Taskforce Appointment

Globally renowned voice for SMEs in Africa, development consultant and philanthropist, Roberta Annan has been appointed a member of the prestigious Business 20, (B20) the private sector´s voice of the G20 community. Roberta Annan who is the Founder and CEO of Roberta Annan Consulting LLC (RAC) and Managing Partner of …

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Apple’s iPhones slowed to tackle ageing batteries

Apple has confirmed the suspicions of many iPhone owners by revealing it does deliberately slow down some models of the iPhone as they age. Many customers have long suspected that Apple slows down older iPhones to encourage people to upgrade. The company has now said it does slow down some …

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Uber is officially a cab firm, says European court

Uber is officially a transport company and not a digital service, the European Court of Justice (ECJ) has ruled. The ride-hailing firm argued it was an information society service – helping people to make contact with each other electronically – and not a cab firm. The case arose after Uber …

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Bitcoin trading starts on the huge CME exchange

Bitcoin has moved another step towards mainstream investing with the start of trading on the huge Chicago Mercantile Exchange financial futures market. It comes as the value of the digital currency approached $20,000 on Sunday, before drifting below $19,000. Last week, Chicago’s CBOE exchange began Bitcoin futures trading – bets on …

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Fake baby milk formula scare hits Malaysia

Malaysian authorities are investigating the safety of infant formula powders after seizing hundreds of packets of counterfeit products. Manufacturer Mead Johnson said the goods imitated its Enfalac A+ Step 1 formula. The government is testing the powders amid reports of parents saying their children suffered fevers and rashes after consuming …

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Black Friday lifts UK retail sales in November

Black Friday helped to propel retail sales 1.6% higher in November from a year earlier, official figures suggest. The Office for National Statistics (ONS) said that retailers had reported a particular uplift in sales of electrical household appliances. Sales in November were up 1.1% from the month before. ONS statistician Rhian …

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Disney set to seal $60bn 21st Century Fox takeover

Walt Disney is close to confirming a deal to buy 21st Century Fox’s entertainment assets for about $60bn, reports say. The sale would include the 20th Century Fox film studio and the Sky and Star satellite broadcasters in the UK, Europe and Asia. Disney was left as the front runner …

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Toshiba settles legal disputes with Western Digital

Toshiba has settled a legal dispute with partner Western Digital that could have prevented the $18bn (£13.3bn) sale of its prized memory chip unit. Both firms agreed to withdraw all claims against each other which ensures “all parties are aligned” on the sale to a consortium led by Bain Capital. …

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Google to open artificial intelligence centre in China

Google is deepening its push into artificial intelligence (AI) by opening a research centre in China, even though its search services remain blocked in the country. Google said the facility would be the first its kind in Asia and would aim to employ local talent. Silicon Valley is focusing heavily …

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