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China pours $2.5 billion (U.S.) into Tanzania
China pours $2.5 billion (U.S.) into Tanzania East African Business Week DAR ES SALAAM — China said that its current investments in Tanzania have reached $2.5 billion. This makes them the second...
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Canada: Highrise in downtown Edmonton arena district will be city’s tallest...
Canada: Highrise in downtown Edmonton arena district will be city’s tallest building By Dave Lazzarino Edmonton Sun Three years from now, Edmonton’s skyline is going to look mighty different. Stantec,...
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Oil-dollar era is officially over- Russia has conducted the first sale of oil...
Oil-dollar era is officially over- Russia has conducted the first sale of oil in a currency other than U.S. dollar On August 27, 2014 a major changed occurred on how oil and gas are purchased...
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Beijing rejects full Hong Kong democracy
Beijing rejects full Hong Kong democracy Hong Kong’s pro-democracy movement has suffered a major setback following Beijing’s decision to rule out open nominations for the city’s 2017 elections....
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Australia: Sydney officially switches to OPAL smart card for public transit
OPAL card rollout for train commuters a big success Sydney officially switches to smart card for public transit Jacob Saulwick The Sydney Morning Herald SYDNEY- Just before 9am on Monday, Fergus...
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The European Union has signed development programs with 21 African, Caribbean...
The European Union has signed development programs with 21 African, Caribbean and Pacific countries Xinhua BRUSSELS- The European Union has signed development programs with 21 African, Caribbean and...
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England: Chinese investors back £65 million (US$104.5 million) ‘Little China’...
England: Chinese investors back £65 million (US$104.5 million) ‘Little China’ scheme in Yorkshire A big ‘multi-cultural’ residential and business development is being lined up with the aim of building...
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U.S. DOT Announces 72 TIGER ’14 Awards in 46 States and DC
U.S. DOT Announces 72 TIGER ’14 Awards in 46 States and DC U.S. Transportation Secretary Foxx Announces 72 TIGER 2014 Recipients: Demand Demonstrates Need for Greater Transportation Investment through...
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Wealth-X and UBS Billionaire Census 2014
Wealth-X and UBS Billionaire Census 2014 Agence France-Presse SINGAPORE – Asia’s billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in...
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Tanzania seen luring IPOs as state scraps foreign caps
Tanzania seen luring IPOs as state scraps foreign cap By Alawi Masare and Neo Khanyile Bloomberg Tanzania, which has Africa’s best-performing stock market, lifted controls on foreign-share ownership,...
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Etihad Airways showed off its first A380 superjumbo
Etihad Airways showed off its first A380 superjumbo Etihad Airways and Airbus celebrated the roll out of Etihad Airways’ first A380, featuring the elegant new ‘Facets of Abu Dhabi’ livery design. The...
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China approves 2 more private banks
China approves 2 more private banks Xinhua BEIJING- The China Banking Regulatory Commission (CBRC), the country’s banking regulator, said Monday in two statements that it has approved another two...
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Los Angeles: Light Rail construction started on a nearly two-mile Metro...
Los Angeles: Light Rail construction started on a nearly two-mile Metro regional connector KCBS Los Angeles LOS ANGELES- Crews have started construction on a nearly two-mile Metro regional connector...
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NCAA Division I: Big Ten Acts to Support Student-Athlete Graduation
NCAA Division I: Big Ten Acts to Support Student-Athlete Graduation Aid will neither be reduced nor cancelled during course of enrollment. If pursuit of degree is interrupted, student-athlete is...
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China overtakes U.S. to become world’s largest economy, says International...
China overtakes U.S. to become world’s largest economy, says International Monetary Fund Chris Giles Financial Times We all know the world economy is changing. We know it is changing fast. But do we...
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Urban Land Institute’s 2015 real estate markets to watch
Urban Land Institute’s 2015 real estate markets to watch Real estate investment is not immune to the economic laws of supply and demand; and as more capital flows into the asset class, two main...
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China launches World Bank rival in Asia-Three major nations absent
China launches World Bank rival in Asia-Three major nations absent Asian Infrastructure Investment Bank Reuters SHANGHAI (Reuters) – Australia, Indonesia and South Korea skipped the launch of a...
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China launches direct currency trading with Singapore
China launches direct currency trading with Singapore Xinhua BEIJING — China on October 27, 2014 announced direct trading between the renminbi and Singapore dollar beginning Tuesday October 28, marking...
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Judge approves Detroit’s plan to exit bankruptcy
Judge approves Detroit’s plan to exit bankruptcy By Monica Davey and Mary Williams Walsh The New York Times DETROIT — Less than 16 months after Detroit became the largest city in the United States to...
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Argentina receives second currency swap from China
Argentina receives second currency swap from China Reuters BUENOS AIRES – Argentina’s central bank on Monday, 17 November 2014 received the second installment of a currency swap from China worth $500...
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