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Apple ‘to buy Shazam for $400m’

Apple is close to buying the music recognition app Shazam for about $400m (£300m), media reports say. Shazam, a UK company founded in 1999, allows people to use their smartphone or computer to identify and buy music through a snippet of sound. Shazam, which says it has more than 100 …

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Bitcoin’s rollercoaster ride after hitting $17,000

Bitcoin continued its rollercoaster ride on Friday, briefly crossing the $17,000 (£12,615) mark before plunging more than $2,500. The digital currency breached new highs before falling below $14,500, down 14% on the day according to Coindesk.com. Bitcoin had soared about 70% this week, with its dramatic rise being likened to a …

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EU agrees biggest free trade deal with Japan

The European Union and Japan have agreed terms for a free trade deal set to create the world’s biggest open economic area. The deal – the largest struck by the EU – is expected to liberalise almost all trade between the bloc and the world’s third-largest economy. It is being …

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China leads in project investments in Ghana

From January to September 2017, China was the leading source of investments in terms of project numbers in Ghana. It registered 25 projects. India and the United Kingdom followed with 19 and 13 projects respectively, according to the third quarter report by the Ghana Investment Promotion Centre (GIPC). On the other hand, …

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WomanRising Announces 2017 100 Most Outstanding Women Entrepreneurs List

The African Network of Entrepreneurs (TANOE), through its flagship network, WomanRising has announced its 2017 WomanRising 100 Most Outstanding Women Entrepreneurs (100 MOWE) List. The list which features Ghanaian women entrepreneurs was compiled by TANOE Research and follows TANOE and WomanRising’s work in promoting achievements and exceptional milestones by women …

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Luxury goods retailer Burberry to close some stores

Luxury goods retailer Burberry is planning to close some stores and stop selling in outlets that are not sufficiently upmarket. The new strategy was announced along with its half-year results, which showed like-for-like sales up 4% and a 24% rise in operating profits to £127m. Burberry has been cutting costs …

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