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Google Inc. shut one of its offices in southern India for two days after an employee tested positive for swine flu, a company statement said Wednesday. The office in Hyderabad with 250 workers was closed on Tuesday and Wednesday while it…

U.K. unemployment claims rose the least in a year in June, adding to evidence that the worst of the recession may have passed. Jobless benefit claims climbed from May by 23,800 to 1.56 million, the highest level in 12 years, the Office for…

Nigeria's main militant group said Wednesday it is calling an immediate 60-day cease-fire in response to the government's release of an ailing rebel leader. Henry Okah was freed Monday just hours after the Movement for the Emancipation of…

With four simple words — "Give it to me!" — President Barack Obama took possession of the economy. For months, the White House and Obama's economic team have laid the economic crisis at the feet of President George W. Bush. But there comes…

Petroleum tax collection by Customs Excise and Preventive Service (CEPS) in the Upper East Region fell short by 81.82 per cent during the first quarter of the year.      It collected GH¢387,351 out of its target of GH¢473,400.      In the…

A seminar on Economic and Financial Crimes for Judges of the English speaking countries in West Africa, began in Accra on Monday with a reminder that the fight against money laundering and terrorist financing are important for all…

An Accra Circuit Court on Tuesday ordered the arrest of a former juvenile court magistrate who was allegedly involved in multiple sale of land.      Anna Jane Ghartey failed to appear before the court when the case was called.      The…

The International Finance Corporation (IFC) has signed a loan agreement with Texas-based Kosmos Energy to finance the development of the Jubilee oil field in Ghana, the IFC has said in a press release copied to ghanabusinessnews.com.…

President Barack Obama of the United States of America, spent the night together with his family at the Holiday Inn, the hotel’s management has said in a press release copied to ghanabusinessnews.com Tuesday July 14, 2009. The hotel,…

Goldman Sachs Group Inc. posted record earnings as revenue from trading and stock underwriting reached all-time highs less than a year after the firm took $10 billion in U.S. rescue funds. Second-quarter net income was $3.44 billion, or…