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Aggregated news from around the world

 
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BBC: China's exports see big increase
China's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade.
AllAfrica: Rwanda: Kagame Addresses Royal Commonwealth Society
President Paul Kagame, yesterday, on his second day of a working visit to England, addressed the Royal Commonwealth Society (RCS) on the role of the youth in the development in Rwanda, Africa and the Commonwealth.
SABC: 'Human and capital resources key to oil refinery industry'
The Vice President of the African Refiners Association, Anabela Fonseca, says a lack of human and capital resources is the biggest challenge the oil refinery industry is facing in Africa.
SABC: Inflation targeting may have led to stronger rand: IMF
International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn says that South Africa's inflation targeting policy may have led to a stronger rand.
SABC: Chances of another rate cut fade: Economist
Brait economist Colen Garrow says the chances of another interest rate cut by the Reserve Bank are gradually fading. In response to the latest Reuters Econometer, Garrow pointed out that a number of domestic indicators were getting stronger.
SABC: Raymond Ackerman formally calls it a day
Pick 'n Pay Chairperson Raymond Ackerman will formally retire today on his 79th birthday. Ackerman has been at the helm of the company for 43 years after having bought it as a chain of three small stores in Cape Town in 1967.
AME Info: UAE to allow foreign ownership this year, says Mansouri
The UAE's economy minister, Sultan bin Saeed al-Mansouri, has said the government will draft a law allowing foreign ownership of companies within a month, and plans to pass the measure by the end of the year, Bloomberg has reported. Under the existing law, foreign companies must have UAE nationals as their sponsors and are limited to a maximum 49% ownership ...
AME Info: Nakheel Bonds hit two-month high
Nakheel bonds rose the most in two months after JPMorgan Chase & Co. said creditors may get paid face value, Bloomberg has reported. The developer's $750m sukuk, which is part of parent Dubai World's planned $26bn debt restructuring, added 5 cents, the most since Jan. 6, to 56.25 centson the dollar at 4:31pm in Dubai, prices compiled by Bloomberg show. The b ...
SABC: Transnet denies building coal terminal
Transnet says its port division was not planning to build a new coal terminal, denying claims by industry sources who say the facility would be built and operational by June this year.
AllAfrica: Uganda: Landslides - Experts Warn Worst is Yet to Come
Fourteen-year-old Isaac Wadyegere of Bundesi village in Bududa district woke up to a rainy and chilly Monday morning and went to school as usual.
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BBC News | Business | Economy | World Edition

Updated every minute of every day.
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·China's exports see big increase
China's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade.
·Obama backs Greece on speculators
President Barack Obama has 'responded positively' to calls to clamp down on market speculators, says the Greek PM after talks.
·UK trade gap widens in January
The UK goods trade deficit with the rest of the world widens in January, causing the pound to dip below $1.50.
·Greece asks US for its assistance
Greece's prime minister asks the US to crack down on speculators he blames for worsening his country's debt woes.
·Retail sales rebound in February
Retail sales bounced back in February after a tough January on the High Street, the latest figures show.
·House price rises 'to ease off'
Further rises in house prices may be held back by more properties coming onto the market, surveyors have said.
·Business bodies urge faster cuts
The CBI wants the Budget to deliver plans to balance public finances by 2016 - two years earlier than currently planned.
·Brussels to mull 'European IMF'
Europe may set up a version of the International Monetary Fund to bolster the eurozone's financial stability.
·Internet access 'a human right'
Almost four in five people worldwide see internet access as a fundamental right, a poll for the BBC World Service suggests.
·Portugal unveils austerity plans
Portugal announces a series of new austerity measures as it seeks to avoid a debt crisis like the one in Greece.

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