Business

Africa still has highest remittance fees: World Bank

Market News Monday, April 23, 2018 10:16 By AFP It is estimated that officially recorded remittances to low- and middle-income countries reached $466 billion (about Sh46.6 trillion) in 2017. FILE

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WORLD BANK: Workers should ditch minimum wage to compete with robot labour

A workers’ rights protest march in London. October 2014. Getty Images LONDON — The World Bank has suggested that employers should be able to opt-out of paying minimum wage, and has

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Wealthy Australia developer guilty of ex-business partner's murder

A millionaire property developer was found guilty Monday of ordering the murder of his former business associate, who was gunned down in front of his young son outside their Sydney home almost a

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World Bank moves closer to capital boost as US drops objection

WASHINGTON: The World Bank won support from its member countries for a US$13bil capital increase, with the United States dropping its objection as the lender imposes measures that would

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World markets themes for this week ahead

LONDON: Following are five big themes likely to dominate thinking of investors and traders this week and the Reuters stories related to them. 1/PATIENT, PERSISTENT, PRUDENT ECB chief Mario Draghi

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World Bank moves to boost lending capacity

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Business ties to Arab world skyrocketing, says venture capitalist Margalit

After shooting outside palace, Saudi Arabia outlines new drone regulations Israel pulls fighter jets from drill in Alaska amid tensions with Iran Share on facebook Share on twitter EREL MARGALIT

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A Guinness World Record holder is preparing to climb Mount Everest — again

Lhakpa Sherpa not pictured. Mario Anzuoni/Reuters Between raising two daughters and working as a dishwasher at Whole Foods, Lhakpa Sherpa just doesn’t have time for training to climb Mount

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Double-digit growth likely because TCS has refashioned for digital world: CEO Rajesh Gopinathan

TCS’s fourth quarter revenue growth — 11.7% year-on-year in dollar terms — surprised the markets and sent the software company’s share price soaring by 7% on Friday. In an

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Trump's trade fight is getting blasted by some of the most powerful economic groups in the world

President Donald Trump’s recent trade moves have drawn a strong rebuke in recent days from the world’s largest economic organizations — all of who are sending dire warnings

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