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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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Trump does not blame China for ‘unfair’ trade

US President Donald Trump has said he does not blame China for the “unfair” trade relationship between the countries, despite long railing against the economic imbalance. Speaking in Beijing, he gave China “credit” for working to benefit its citizens by taking advantage of the US. He spoke alongside China’s president …

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European stock markets steady as US back in record territory

London – European stock markets were steady to firmer on Tuesday as Wall Street pushed back into record territory following strong earnings from several blue-chip companies, including Caterpillar and McDonald’s, traders said. Investors took heart after US industrial giant Caterpillar lifted its profit outlook after a big jump in third-quarter …

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