Business

Biden opens overseas trip declaring ‘United States is back’

President Joe Biden speaks to American service members at RAF Mildenhall in Suffolk, England, Wednesday, June 9, 2021. (AP Photo/Patrick Semansky) By JONATHAN LEMIRE and AAMER MADHANI President Joe Biden opened the first overseas trip of his term Wednesday with a declaration that “the United States is back” as he seeks to reassert the nation

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Kenyan president urges Ethiopia to open up mobile money market

President Uhuru Kenyatta and Ethiopian Prime Minister Abiy Ahmed are pictured at Bole International Airport in Addis Ababa on June 8, 2021. Credit Business Daily Africa. By Giulia Paravicini Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecoms sector to private mobile money business investors, a move that would complement a

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Covid contract for firm run by Cummings friends was unlawful, judge rules

Public First is run by husband and wife policy specialists James Frayne and Rachel Wolf, both of whom previously worked with Dominic Cummings and the Cabinet Office minister, Michael Gove. Composite: Rex, AP By David Conn Judge says contract given to firm run by friends of Boris Johnson’s former chief adviser was awarded illegally Michael

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UK’s lowest-paid workers face highest jobless risk: research

A person looks at the adverts in the window of a job agency in London, Britain October 13, 2020. REUTERS/Hannah McKay/File Photo Britain’s lowest-paid workers, already hardest hit by the COVID-19 pandemic, will be most at risk from expected rises in unemployment and job insecurity later this year, researchers said on Monday. The Resolution Foundation,

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Chinese exports jump as pandemic wanes in US, other markets

A gantry crane moves containers at a port in Qingdao in eastern China’s Shandong province Friday, June 4, 2021. China’s exports surged nearly 28% in May while imports jumped 51% as demand rebounded in the U.S. and other markets where the pandemic is waning, though growth is leveling off after a stunning recovery from last

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Here are all the major businesses owned by Rihanna

Singer Rihanna. Photo: Fenty Beauty. By ABU MUBARIK Robyn Rihanna Fenty, 33, is considered one of the greatest musicians worldwide. The Barbados singer was recently certified by Forbes as the richest female musician globally with a net worth of $600 million. Rihanna built her wealth in and outside the studio. Besides being a top-class musician,

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Turkey lands new deal to provide 118 armored combat vehicles to Kenya

Katmerciler’s tactical wheeled armored 4×4 vehicle Hızır. (Courtesy of Katmerciler) In the latest of successful deals, a Turkish defense firm has landed a new contract to provide 118 armored vehicles to Kenya, expanding its footprint in Africa. Our tactical wheeled armored 4×4 vehicle Hızır has been hailed all over Africa. Our expansion in the African

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UK’s Sunak says world is watching as G7 debates tax reform

Britain’s Chancellor of the Exchequer Rishi Sunak meets with U.S. Treasury Secretary Janet Yellen, in London, Britain June 3, 2021. REUTERS/Hannah McKay/Pool By David Milliken Britain said the world was relying on a gathering of some of the richest nations to agree reforms to outdated global tax rules, as finance ministers from the Group of

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Property developers freeze fresh investments on low gains, occupancy

Britam Group managing director Tavaziva Madzinga. By ELIZABETH KIVUVA A growing number of property developers have frozen investments in the construction of residential houses and commercial spaces amid struggles with low occupancy rates and low returns. In the latest shift, insurance group Britam said it will stop new property developments as part of its five-year

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Saudi stock market trading stops over technical error

File – In this June 15, 2015, file photo, a Saudi man walks through the Tadawul Saudi Stock Exchange in the Saudi Arabian capital, Riyadh. Saudi Arabia’s key stock market suspended trading Wednesday, June 2, 2021, over what it referred to as a technical glitch, without elaborating. (AP Photo/Hasan Jamali, File) Saudi Arabia’s key stock

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