World’s 30 most competitive economies, according to WEF

Switzerland is the world’s most competitive economy for a ninth straight year, the Geneva-based World Economic Forum’s annual rankings showed on Wednesday. Following is a table showing the top 30 countries, according to the World Economic Forum. 1 Switzerland 2 United States 3 Singapore 4 Netherlands 5 Germany 6 Hong Kong 7 Sweden 8 United […]

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Western Union activates live digital service in 40 countries

Global funds transfer company, Western Union Company (NYSE: WU), has announced that it has further strengthened its global digital money transfer footprint, with the activation of its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations including the US, Canada and major parts of […]

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Volvo profit jumps on cost cuts and strong truck demand

Sweden’s Volvo posted a much bigger than expected rise in first-quarter core earnings on Tuesday as robust demand and years of cost trimming bolstered turnover and profitability at the truck maker. Gothenburg-based Volvo also raised its forecast for long-depressed demand for construction equipment in China, but left unchanged its outlook for truck markets on both […]

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US Women knocked out of Olympic after losing to Sweden

Recording the biggest shock yesterday Friday was how the Swedish team knocked the United States out of the women’s Olympic soccer tournament at a 4-3 respectively on penalties in the quarter-final after the two sides drew 1-1 after extra time. Lisa Dahlkvist converted Sweden’s final penalty after Alex Morgan and Christen Press missed for the holders in […]

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