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Wal-Mart Stores and Bharti Enterprises part ways

US retail giant Wal-Mart Stores has announced that it will break its partnership with Indian retailer Bharti Enterprises.

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London firms eye expansion

In line with increased levels of optimism over business and economic prospects, more than two-thirds of companies in London plan to expand in the next year.

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Ghent launches ICT innovation cluster

A new 26,000-square-metre R&D ICT cluster is being built in Belgium's Ghent Technology Park, with investment from Investment by Ghent University, MG Real Estate and Globalindus.

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Calgary: Canada's headquarters city

Calgary has the highest number of headquarters per capita in all of Canada thanks to the strength of the energy sector in the city. But businesses are also drawn to the city’s welcoming tax climate, quality of life and educated labour pool.

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Corruption levels remain high in emerging economies: Maplecroft

The latest Corruption Risk Index from risk analysis firm Maplecroft shows little change, with many developing economies still performing poorly thanks to widespread corruption.

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Wage gap set to decrease: PwC report

Over the next two decades the difference in average wages in developed economies compared with developing ones will decrease, according to a report by PricewaterhouseCoopers.

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Kenya's tourism industry braced for decline

Kenya's reputation as a safe tourist destination has been damaged by the recent terrorist attack in the country's capital, Nairobi.

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Financing deal complete for Nigeria's Ughelli power plant

The Transnational Corporation of Nigeria has agreed to provide the remaining $225m needed to finance a gas-fired thermal power plant in Delta State, Nigeria.

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Confidence among executives increasing: McKinsey survey

Global executives are notably more optimistic about economic conditions and future opportunities than they were in June, according to a survey by global consultancy McKinsey.

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OECD reports moderate growth across its members

Economic growth was reported across North America, Japan, the UK and even the eurozone in the latest report by the Organisation for Economic Co-operation and Development.

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