September 30th, 2007
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Economic growth in sub-Saharan Africa is likely to remain high for the rest of the decade and will drive further positive changes in public and economic policy, according to a report by the Citibank group. David Cowan reports Growth has picked up in
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State officials were warned that the contractor hired to demolish the toxic Deutsche Bank tower had deep ties to a company that caused previous fires, the Daily News has learned. One of the fires occurred in August 1996 at B. Altman’s department store in
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The Bank of England governor should only be allowed to serve one non-renewable term to help protect the Bank from political interference, George Osborne, shadow chancellor, will propose on Monday.Mr Osborne will tell the Conservative conference in
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HSBC is setting up the first brokerage company in the United Arab Emirates managed by an international bank as foreign interest in Gulf markets grows after last year’s crash. HSBC, which owns 49 per cent of the planned company, HSBC Middle East
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HSBC Holding Plc said on Sunday it is setting up the first brokerage company in the United Arab Emirates managed by an international bank as foreign interest in Gulf markets grows after last year’s crash. HSBC, which owns 49 per cent of the planned
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TOKYO: Mitsubishi UFJ Financial’s main banking unit cut its half-year profit forecast 44 percent, citing a decline in the value of investments at subsidiaries. Group earnings will not be affected, it said. Earnings on a nonconsolidated basis will
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The likely collapse of Barclays 67.5 billion (47 billion) bid for ABN Amro this week will cost the British bank 80 million in fees paid to advisers. But the biggest losers, if ABN does reject Barclays, as most analysts expect, will be the six investment
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Citibank, N.A. Bangladesh recently bade farewell to Erik Aas, outgoing chief executive officer of Grameeenphone, at a function in Dhaka, says a press release. Citigroup Country Officer Mamun Rashid handed over a small plaque to Aas as a token of
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Merrill Lynch and Citigroup have each bought a 5 per cent stake in India’s largest commodities exchange, valuing the bourse, one of the world’s fastest-growing, at up to $1.1bn. Financial Technologies India, the company that controls Multi Commodity
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