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Tendai M. Shaba’s “How to Make Money Grow on Trees” serves as a personal finance and investment handbook, specifically designed for the economic landscape of Malawi but also tackling wider African issues. Shaba, a writer from Malawi who has studied business administration, applies his education to explain financial ideas in a straightforward and understandable…
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The U.S.-based company Grab, which operates in ride-sharing and food delivery sectors, plans to acquire its smaller competitor GoTo from Indonesia in the second quarter, according to two sources familiar with the situation. The Singapore-based company Grab has enlisted advisers for the potential transaction, according to two sources who also mentioned that the agreement…
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According to exchange data, 30 A-share companies have sought permission to list in Hong Kong this year, which exceeds the 16 applications from last year. Chinese mainland companies are increasingly turning to Hong Kong for fresh equity listings, spurred by favorable valuations, robust liquidity, and supportive regulatory measures. Contemporary Amperex Technology is set to…
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PNN New Delhi [India], May 10: Many elderly people in India depend on fixed deposits (FDs) for stable and consistent earnings. Given that special higher interest rates are provided solely to those who are 60 years old or older, such deposits have become a favored option for their financial plans after retiring. However, considering…
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VMPL Kolkata (West Bengal), India – May 10: Birla Corporation Limited closed FY24-25 with strong quarterly output and sales volumes, leading to a combined net profit of Rs 257 crore for the March quarter, marking a 33% increase compared to the previous year. This improvement followed three difficult quarters that impacted the whole sector.…
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FED ISSUES FIRST UPDATE ON INTEREST RATES SINCE TRUMP’S TARIFF UPHEAVAL Earlier this month, Warren Buffett declared that he plans to Step back from Berkshire Hathaway by the year’s end. following six decades at the forefront. At the firm’s yearly gathering of shareholders held on May 3 in Omaha, Nebraska, the 94-year-old revealed this…
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Remy Rioux, CEO of the French Development Agency (AFD), declared on Saturday that the organization plans to start making direct investments in Morocco’s southern regions beginning this year. This move aligns with a pledge made earlier by French President Emmanuel Macron during his recent official trip to the country. Representing Laayoune, Rioux highlighted that…