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Saudi Arabia to invest $25 billion in Pakistan

SAUDI ARABIA will invest up to $25 billion (£19.9bn) in Pakistan over the next two to five years in various sectors, Pakistan’s caretaker prime...

Record drop in house prices since 2009 amidst rising interest rates

British house prices have experienced their most rapid decline since 2009 over the past year, mortgage lender Halifax said on Thursday (7). The decline...

City of London urges new council to boost economy

THE City of London called in a report on Thursday (7) for a new council which would allow Britain’s financial sector to drive through...

B&M to buy up to 51 Wilko stores for 13m

B&M European Value Retail has announced it agreed to take over up to 51 Wilko stores following the collapse of the rival discount chain. In...

Commons panel seeks details of Issa brothers’ business structure

A COMMONS panel has sought details from Asda co-owners about the finances of their business empire, following concerns about the retailer’s ability to help...

Anil Agarwal’s Vedanta accused of lobbying to undermine environment regulations

In a new report, the Organised Crime and Corruption Reporting Project (OCCRP) has alleged that mining and oil conglomerate Vedanta conducted a “covert” lobbying...

Frasers Group further ups stake in Boohoo

RETAIL major Frasers Group has continued to up its stake in Boohoo, taking its total shareholding in the Manchester-based rival to 10.42 per cent. On...
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