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Top News In Biz Yum Today - Breaking & Trending Today

Zambia debt restructuring to save $7.7 bln by 2026, IMF says

Zambia's long-delayed external debt restructuring will save the southern African country $7.65 billion by 2026, the International Monetary Fund (IMF) said in a report after it approved the latest payout from a $1.3 billion rescue loan. ....

South Africa , France General , Devika Syamnath , Paris Club , International Monetary Fund , Thomson Reuters Trust Principles , Rachel Savage , Thomson Reuters Trust ,

Hungary nuclear plant cuts output because of warm Danube waters

Hungary's Paks nuclear power plant cut output at three of its four reactors by a combined 240 MW due to the rising temperature of the Danube river, the plant's operator said late on Thursday. ....

Gergely Szakacs , Sohini Goswami , Thomson Reuters Trust Principles , Thomson Reuters Trust , Repi Grid Infrastructure , Repi Nuclear ,

China drives Burberry first-quarter sales jump

British luxury fashion brand Burberry reported an 18% rise in first-quarter comparable store sales on Friday, meeting market expectations thanks to a continued rebound in China. ....

United Kingdom , City Of , David Goodman , Jonathan Akeroyd , Paul Sandle , Daniel Lee , Thomson Reuters Trust Principles , London Fashion Week , Suban Abdulla Editing , Thomson Reuters Trust , M Ml ,

Ericsson's operating profit down in Q2 results

Finland's Nokia cut its annual outlook on Friday and Swedish rival Ericsson delivered second-quarter results slightly above expectations, as a slowdown in consumer spending hit sales of telecom gear. ....

City Of , United Kingdom , Martin Coulter , Tom Hogue , Thomson Reuters Trust Principles , Thomson Reuters Trust ,

Exclusive: New Mali mining law could boost state, local interest in projects to 35%

Mali's military-led government is in talks with gold miners over proposed changes to its mining law that could see it boost state and private Malian interests in new projects to 35%, from up to 20% today, according to a draft of the new code seen by Reuters. ....

Nairobi Area , Tiemoko Diallo , Barrick Loulo Gounkoto , David Lewis , Verisk Maplecroft , Conor Humphries , Mucahid Durmaz , Clive Johnson , Felix Njini , Thomson Reuters Trust Principles , Hummingbird Resources , West Africa , Bate Felix , Thomson Reuters Trust ,