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BlackRock Gains Strategic Foothold at the Panama Canal
In a sweeping infrastructure play, global asset manager BlackRock has spearheaded a consortium acquiring two pivotal ports — Balboa on the Pacific side and Cristóbal on the Atlantic side — straddling the Panama Canal. The US$23 billion deal is one
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Asian Development Bank on The Cost of Inaction: How Climate Change Threatens Asia and the Pacific
Without decisive and sustained action, Asia and the Pacific face unprecedented warming, extreme weather, and economic devastation. Rising temperatures, intensifying storms, and severe flooding are just a glimpse of what’s to come if urgent measures are not taken. Climate change
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C&R Group: Leading the Future of Share Registry Services in East Africa
C&R Group has established itself as the leading share registrar in Kenya, with a growing presence in Uganda. Since its inception in 1986 as the in-house share registry department of one of Kenya’s largest banks, the firm has built its
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Leo Burnett: The Man Who Gave Brands a Heartbeat
He believed in the power of simple truths, the inherent drama of everyday products, and the ability of advertising to connect on a deeply human level. This is the story of Leo Burnett, the creative visionary who brought us enduring
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Buffett’s Annual Letter 2024: Berkshire Hathaway’s Record Cash Pile, Japan Bets, and Tax Message
Warren Buffett’s latest annual letter to Berkshire Hathaway shareholders confirms that the Omaha-based conglomerate is sitting on a record-breaking USD 321.4 billion in cash and Treasury bills. Some investors might be unsettled by this growing war chest, but Buffett’s reassurance
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Nissan’s Decline: A Story of Missed Opportunities and Mounting Challenges
Once a titan of the automotive industry, Nissan now grapples with a series of setbacks threatening its long-term viability. From falling sales and a damaged brand image to an outdated product lineup and tensions within the Renault-Nissan-Mitsubishi Alliance, the road
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Global Banks’ Retreat from China: What Went Wrong?
Not so long ago, China was hailed as the next big frontier for Wall Street. The nation’s financial markets, once considered relatively untapped, were said to be worth a staggering US$67 trillion, drawing interest from global banks eager to capture
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The Economics of Valentine’s
As consumer spending and seasonal sentiment increasingly drive market dynamics, Valentine’s Day continues to be a crucial date for retailers worldwide. This article examines global spending trends, online vs. high-street shopping behaviors, and places a particular spotlight on the pivotal
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Get NEDs, Get Ahead: These People are Important for Your Business
Companies across industries are recognising the value that NEDs — non-executive directors — bring to their boards. NEDs: do we need them? Yes, say the stats, and the experts: Non-executive directors help to drive growth and long-term sustainability. It was
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New Wealth Wave: How the Rich Are Getting Richer — and Younger
The number of ultra-wealthy individuals is increasing, and their average age is dropping. Why, and how? From the heads of established firms to enterprising “cryptobros” making their presence felt, income levels are rising like a king tide. There’s a shift
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