Wednesday, June 13, 2007

London named world's top business centre by MasterCard

(Reuters) - London is the world's top centre of commerce, according to a study by MasterCard rating leading cities by how they influence the global economy.

The British capital eclipsed second-place New York, which was held back by bond market regulations that affect the volume of listed sales, a more volatile U.S. currency, and by a U.S. economy that was considered to be less stable economy than Britain's economy, MasterCard said.


Read more at Reuters Africa

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