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Kenya sells first ever mobile government bonds

Kenya, a pioneer in mobile money, on Thursday began selling the first ever government bonds via mobile phone, allowing anyone from teachers to shop owners to invest and fund infrastructure projects.

93-year-old American woman donates $22 mn to Cologne Zoo

A 93-year-old widow from the United States has donated $22 million to the zoo in Cologne, Germany, saying she wanted to give back to the city where she and her husband met during World War II, German media reported Friday.

Bank of England chief slams cryptocurrencies; urges action

Bank of England Governor Mark Carney has launched a withering attack on cryptocurrencies such as bitcoin Friday and urged regulators around the world to monitor them in the same way as other financial assets.

Young people overly optimistic about finances

A new survey of young New Zealanders by the Westpac-Massey Fin-Ed Centre shows that many believe their financial situation will improve in the coming year and their money management skills require no improvement.

Music site SoundCloud to start paying artists

SoundCloud said Thursday that it will start paying artists and record companies whose music is played on the popular streaming site, a move that will bring it in line with competitors such as YouTube and Spotify.

Albania to stop online gambling abroad

Albania will close access to all Internet betting sites abroad in an effort to stop the outflow of money from one of the poorest countries in Europe.

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