FDI inflows to India decline by $40 bn in 2017 from $44 bn in 2016; outflows more than double to $11 bn: Report

FDI inflows to India decline by $40 bn in 2017 from $44 bn in 2016; outflows more than double to $11 bn: Report

New Delhi: Foreign Direct Investment (FDI) to India declined to $40 billion in 2017 from $44 billion in the previous year, said UNCTAD’S World Investment Report 2018. “FDI inflows to South Asia contracted by 4 percent to $52 billion, owing...
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Store landlords push back against rent cuts

Store landlords push back against rent cuts

Image copyright Getty Images Image caption House of Fraser is the latest retailer to use a CVA Landlords have called for a government review as more struggling retailers ask for rent reductions. The British Property Federation (BPF) says too many...
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House of Fraser to close 31 stores

House of Fraser to close 31 stores

Image copyright PA Department store chain House of Fraser is to close 31 of its 59 shops, affecting 6,000 jobs, as part of a rescue deal. If the plan is approved, 2,000 House of Fraser jobs will go, along with...
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UK ministers meet amid Brexit ‘backstop’ row

UK ministers meet amid Brexit ‘backstop’ row

Image copyright AFP Theresa May meets senior ministers later to try to resolve tensions over the UK’s Brexit “backstop” plan. In the proposal the UK would match EU tariffs temporarily in order to avoid a hard Irish border post-Brexit. Number....
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Trump-Kim summit: Abe heads to US amid surge of diplomacy

Trump-Kim summit: Abe heads to US amid surge of diplomacy

Image copyright AFP Image caption Mr Abe has been a frequent guest in Washington Japan’s PM Shinzo Abe is set to hold a last-minute meeting with Donald Trump, days before the US president meets North Korean leader Kim Jong-un. Mr...
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Women outnumber men in Spain PM Sánchez’s new cabinet

Women outnumber men in Spain PM Sánchez’s new cabinet

Image copyright EPA Image caption Three of the key figures in the new government are Economy Minister Nadia Calviño (L), Deputy PM Carmen Calvo and Finance Minister María Jesús Montero Spain’s Socialist Prime Minister Pedro Sánchez has given 11 of...
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Africa:Foreign Direct Investment Dip By 21% – Report

Africa:Foreign Direct Investment Dip By 21% – Report

By James Karuhanga Foreign Direct Investment (FDI) flows to Africa last year dipped by a significant 21per cent to $42 billion, according to the World Investment Report 2018, that was launched on Wednesday by the UN Conference on Trade and...
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Golden State Warriors overtake Cleveland Cavaliers to win Game 3 of NBA Finals

Golden State Warriors overtake Cleveland Cavaliers to win Game 3 of NBA Finals

Kevin Durant scored 43 points, draining a long 3-pointer for emphasis in the final minute, and the Golden State Warriors beat the Cleveland Cavaliers 110-102 in Game 3 of the NBA Finals on Wednesday night to move within a victory...
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A Medical Mystery Grows as U.S. Consulate Workers in China Fall Ill

A Medical Mystery Grows as U.S. Consulate Workers in China Fall Ill

But the Chinese cases have raised alarms inside the State Department. Now led by Mr. Pompeo, the department appears eager to avoid the criticism it faced over what some called its handling of the Cuba cases. In addition to the...
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Guatemala volcano: Emergency agency ‘failed to heed warnings’

Image copyright Reuters Image caption Despite the efforts of rescue workers, nearly 200 people are still missing Opposition politicians in Guatemala want the head of the emergency response agency (Conred) to be dismissed. They say Conred failed to heed advance...
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