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Congo's mining revenue 'missing' – Global Witness

More than 20% of the Democratic Republic of Congo’s mining revenue is being lost due to corruption and mismanagement, a campaign group says.According to a Global Witness report, the money is being distributed through corrupt networks linked to President Joseph Kabila.At least $750m (£580m) has gone missing over the …

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Mastercard £14bn 'overcharge' legal action fails

A £14bn class action lawsuit against Mastercard has been thrown out by the Competition Appeals Tribunal.The former financial ombudsman, Walter Merricks, had claimed that 46 million consumers had been overcharged by Mastercard over a 16-year period.But the court ruled that the case could not proceed through a collective – …

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Happy travelling

Ah, the glamour of air travel.The early morning wake-up call, the nightmare journey to the airport on public transport laden with unwieldy suitcases. Your eventual arrival at an overcrowded and chaotic check-in, short-tempered and perspiring. If that rings an all too familiar bell, then Transport Secretary Chris Grayling shares …

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Audi offers diesel emissions upgrade for 850,000 cars

German carmaker Audi is offering a free software upgrade for 850,000 diesel cars in order to improve emissions.Audi said the upgrade would “improve emissions behaviour in real driving conditions further beyond existing legal requirements”.The carmaker added it was convinced the programme would counteract possible bans on diesel cars.In recent …

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N Korea economy grows at fastest rate in 17 years

North Korea’s economy accelerated at its fastest pace in 17 years, despite sanctions over its nuclear and missile programs. Gross domestic product grew by 3.9% in 2016 compared with the previous year, according to the Bank of Korea. The growth stemmed largely from mining and energy, as well as …

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