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Facebook netted a $6.5 billion valuation for its common shares on Monday, further underscoring the fast-growing Internet social networking site's high rank among technology and media industry heavyweights. Russia's Digital Sky Technologies…

Investors from four countries sued Antigua and Barbuda on Monday, arguing that the twin-island Caribbean nation benefited from and knew about Texas financier Allen Stanford's alleged $7 billion fraud. "Antigua is sovereign but not above…

The federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion by this fall, intensifying fears about higher interest rates, inflation and the strength of the dollar. The deficit has been widened by…

Asian stocks rose, giving the MSCI Asia Pacific Index its biggest gain in a month, as Singapore upgraded its forecast for economic growth and fund manager Barton Biggs said some Asian markets are “still attractive.” DBS Group Holdings…

President Barack Obama acknowledged on Friday that tough negotiations on overhauling U.S. healthcare lie ahead after some of his own Democrats rebelled but he expressed confidence a plan will be passed. Obama's remarks, at the end of a…

When the sun went down Saturday July 11, 2009, it was the historic day that Barrack Obama, the 44th President of the United States of America left Ghana after a two day visit that lasted less than 24 hours. It was a highly symbolic visit…

Ghana’s electricity sector earned revenues of $287 million in 2007 and it is estimated to reach $419 million by 2014, Frost & Sullivan has said. According to the organization which describes itself as the Growth Partnership Company,…

Nigeria's most prominent rebel group says it carried out an "unprecedented attack" on an oil tanker facility close to the main commercial city of Lagos. "The depot and loading tankers moored at the facility are currently on fire," said the…

President Obama in his electrifying speech in Ghana’s Parliament during his historic visit July 11, 2009, made a point that says lazy journalism does not pay. He paid glowing tribute to arguably, Ghana’s irrepressible, selfless and…

President Barack Obama left Ghana Saturday night July 11, 2009, but the ripples of his visit still reverberate throughout the country and indeed the entire world. But one question that lingers on our minds at ghanabusinessnews.com is:…