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Controversial Trump pick is new World Bank president

David Malpass – a candidate previously critical of the bank – has been chosen without opposition to head the World Bank. Adrienne Klasa reports.

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New Nafta still to clear ratification hurdle

The USMCA has yet to be ratified in the US, Canada and Mexico while all three countries raise questions over key issues like labour reform. 

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Panama plans $3bn ports upgrade

The Panamanian government is looking to a combination of state funding and private investment to reduce dependence on the Panama Canal. 

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India panel to suggest liberal caps for FDI

Moves are afoot to relax the 24% cap for foreign investors, to improve FDI inflows. N Chandra Mohan reports.

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Unctad warns on increasing trade restrictions

The UN Conference on Trade and Development has found an alarming increase in countries introducing investment restrictions or rules.

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Trade disputes fuel gloom among global executives: McKinsey

A survey by McKinsey finds widespread pessimism on global economic growth, though emerging countries are more confident about their national prospects than their developed peers.

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Strong European numbers fail to stop global M&A drop

Early 2019 figures show global M&A underperforming for a sixth consecutive quarter.

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IFCs key to development finance, says ODI

Offshore financial centres are playing a critical role in development finance, according to the Overseas Development Institute.

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Savills: New York is new top tech city

New York supercedes San Francisco and five cities in mainland China join the top ranks. Alex Irwin-Hunt reports.

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UK ‘less attractive to FDI’, says Brexit report

Greenfield FDI projects undertaken in Northern Ireland are forecast to fall 3% per year, says a new report. Alex Irwin-Hunt reports.

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