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Huawei launches Windows phone in Africa

Chinese telecoms giant Huawei has unveiled a bespoke Windows-run smartphone exclusively available in Africa. The customised device is being launched today in partnership with Microsoft as part of its new 4Afrika Initiative. This includes plans to develop cheap wireless broadband…

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Name and shame: tax transparency plans

Global giants including Apple and Google will be forced to reveal how much tax they pay the federal government, under a plan to name and shame firms seen to be dodging their responsibilities by using tax havens. The proposed crackdown,…

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L’indice 20 surperforme le SPI

Si les performances du marché suisse se sont également légèrement affaiblies au cours du dernier mois de l’année, les investisseurs demeurent confiants sur le secteur face à  la reprise conjoncturelle mondiale attendue pour 2013 : les indices traditionnels restent en…

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Nike investigates Indonesian suppliers for labor violations

US sporting goods giant Nike said it was investigating claims by labour activists that its manufacturers in Indonesia were trying to evade paying its workers the minimum wage. “Nike takes these claims seriously and company representatives are investigating the claims,”…

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Google Earth helps put North Korea gulag system on map

Google Executive Chairman Eric Schmidt's visit to North Korea this week has been met with sharp criticism and low expectations, but the global Internet search giant indirectly is helping to make history by revealing one of the reclusive country's darkest…

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UBS Is Rooting Out Negative Elements, Orcel Tells Panel

UBS AG (UBSN) is in the process of rooting out “negative elements” of its corporate culture after Switzerland’s largest bank was fined $1.5 billion by regulators for trying to rig global interest rates, said Andrea Orcel, chief executive officer of…

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Elikia : le premier smartphone africain arrive au Congo

Après une tablette en 2011, l'entrepreneur congolais Vérone Mankou met sur le marché un smartphone 100% africain. Bien que fabriqué en Chine, l'Elikia a été totalement développé en local pour moins de 100 000 euros. Il est vendu 130 euros…

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Reputation is crucial for bank investors

The humbling of two global banks in recent weeks has been greeted very differently on opposite sides of the Atlantic. Still, from the perspective of either side, large fines for interest rate rigging by Swiss bank UBS, and money-laundering by…

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