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The yen rallied the most against the euro since May and the dollar advanced as speculation the global recovery will be slow encouraged demand for a refuge. South Africa’s rand and the Australian dollar were among the biggest losers against…

Under normal circumstances, Goldman Sachs Group Inc (GS.N) might be afforded a moment of gloating as it struts toward what could be a banner earnings announcement just nine months after being roiled by Wall Street's worse crisis since the…

American International Group's recent discussions with President Obama's compensation czar have centered on whether the company should pay about $250 million in promised bonuses that come due during the next nine months. AIG has asked the…

The Kwahu South District Assembly on Friday approved a GH¢1.3 million budget to finance a number of development project, complete on-going ones, undertake valuation of property, rehabilitating of assembly vehicles as well as ensure waste…

Mr Joseph Amenowode, Volta Regional Minister, has cautioned Municipal and District Chief Executives (DCE) against unilateral decisions that involved outlays from assembly funds. He said the trend in the past for the chief executives to…

Thirty-five graduating students of the Ghana Institute of Journalism who paid a fact-finding tour of the gold mining town of Obuasi have concluded that mining communities are being impoverished by the operations of the mining companies.…

Madam Rebecca Dokurugu, Acting Municipal Directorate of Health Services at Asante-Mampong, has said over 30,000 people get infected with tuberculosis (TB) annually in Ghana with about 15,000 dying. She was speaking at a day’s workshop on…

Stakeholders in the shea sector have called for a sustainable shea development strategy to transform the economy in northern Ghana. They said shea was one of the potential cash crops and if developed would help lift people out of poverty…

General Motors completed an unusually quick exit from bankruptcy protection on Friday with ambitions of making money and building cars people are eager to buy. Once the world's largest and most powerful automaker, new GM is now leaner,…

A British engineering company has admitted it was involved in overseas corruption and breaching UN sanctions. Mabey & Johnson tried to influence officials in Jamaica and Ghana when bidding for public contracts. It also paid more than…