China has overtaken the US as the world's top destination for new foreign direct investment, according to UN figures released on Sunday. New investments into America from overseas companies fell by almost half last year, leading to the loss of its number one status. In contrast, UN figures show direct investment into Chinese firms climbed 4%, putting it number one globally China had...

The 2020 edition of the Global Innovation Index (GII) presents the latest global innovation trends and the annual innovation ranking of 131 economies. The theme of this year’s GII – Who Will Finance Innovation? – is timely given the human and global economic damage wreaked by the COVID-19 global...

New figures published today by the City of London Corporation, show that, London continues to hold the top spot for financial and professional services, when compared to other global destinations, including New York, Singapore, Hong Kong and Frankfurt. The benchmarking research, entitled “Our global offer to business: London and the UK’s competitive strengths in a changing world”, takes 91...

Liberia’s government expects talks with ArcelorMittal to yield an agreement to invest $800-million in the West African nation, President George Weah said. Talks with the steelmaker about amending a so-called Mineral Development Agreement have made “significant progress,” Weah said in an address to the nation Monday in the capital, Monrovia. Changes to the accord will pave the way for the...