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Spicy chicken billionaire springs from S. Africa with Nando's

[2015-03-20 07:15]

It's lunchtime in Cape Town, and a stream of customers are lining up at the Nando's restaurant on Long Street. A cashier, Zimktha Loza, tries to take phone orders over the din of Portuguese-inspired music.

OECD bit more rosy on world economy

[2015-03-20 07:15]

A key international economic watchdog has nudged up its forecast for global economic growth this year in response to low prices and expectations that interest rates will remain low in many leading economies.

WeChat global push slows as user growth plateaus

[2015-03-19 07:27]

Tencent to reduce promotional activities in overseas markets, company's founder says

Xiaomi opens wallet to financial services

[2015-03-19 07:27]

Xiaomi Corp, China's rapidly rising mobile phone maker, is beta testing a money market fund service, signaling a strong ambition to expand in the country's booming Internet finance sector.

Baidu joins with Coatue, KKR in Uxin funding

[2015-03-19 07:27]

The leading Chinese search engine Baidu Inc has entered the country's burgeoning car market with a joint investment in an online secondhand car trading platform.

Cities of the future will be 'the innovators'

[2015-03-19 07:27]

Shenzhen, Guangzhou and Nanjing are the leading cities in China in terms of opportunities, and they lead others in technology, innovation and sustainable development, a new report from global consultancy firm PricewaterhouseCoopers said on Wednesday.

Uber expands reach with Yongda alliance

[2015-03-19 07:27]

Uber Technologies Inc, the California-based online taxi service provider, has formed a partnership with leading luxury car dealer China Yongda Automobiles Services Holdings Ltd, to expand its services in China into sales of automobiles and financial services.

Draghi: Europe recovery requires major reforms

[2015-03-19 07:27]

A sustained economic recovery is finally arriving in the 19-country eurozone, European Central Bank head Mario Draghi said - a recovery he says must be used to complete the euro currency union and fix its problems for good.

Dream condo on Rio's Ipanema beach at 50% discount as real falls

[2015-03-19 07:27]

For investors with dollars, the dream of a condominium by Rio de Janeiro's most famous beaches is suddenly within reach, just in time for the Olympic Games.

Japan Inc shares more of massive profits with workers

[2015-03-19 07:27]

Japan's biggest companies are on track to book a record 21.1 trillion yen ($174 billion) in profit as the fiscal year winds down this month. Their workers can expect a larger share of the bonanza.

India puts brakes on slowest lending since 2009 as rules tighten

[2015-03-19 07:27]

Indian banks may rein in lending growth already near the slowest pace in five years after regulators ordered them to set aside more funds to counter bad debt.

Buffett's childhood home offered for attendees at annual meeting

[2015-03-19 07:27]

Some fortunate Berkshire Hathaway investors at this year's annual meeting will get the chance to sleep in the same bedroom Warren Buffett did as a boy.

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