Business News Central

For all your latest business news from around the world.

Thursday, 27 February 2014

The Foreign Account Tax Compliance Act (FATCA) induces foreign institutions to report tax-dodging American companies.

Business News Central

Freeport halts Indonesia copper exports ahead of mineral export ban

JAKARTA, Jan 11 (Reuters) - U.S. mining giant Freeport McMoRan Copper and Gold Inc has halted its copper exports from Indonesia, less than a...
Business News: Kenya's budgetary provisions are overestimated

Kenya's budgetary estimates are often times, well, overestimated, leading to wastage of the funds, a parliamentary committee has heard. ...
Business: State starts compulsory acquisition of land for standard gauge railway

The Government will compulsorily acquire about 158 hectares of land for the construction of the controversial standard gauge railway line be...
S.Korea shares dip 2.2 pct to start 2014, large caps tumble

SEOUL, Jan 2 (Reuters) - South Korean shares posted their sharpest daily decline in nearly 1-1/2 years on the first trading session of 2014,...
Business: Kenyan banks too shy for social media, new study says

Commercial banks are reluctant to use social media as an alternative platform for communication with their customers even as it emerged that...