Oil prices dropped under $99 per barrel on the New York Mercantile Exchange Monday.
June delivery West Texas Intermediate crude prices lost $1.23 to reach $98.42 per barrel. Home heating oil prices shed 2.87 cents to $2.9135 per gallon. R…
The following is the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi, as issued by the Ghana Association of Bankers on Tuesday, May 17, 2011.
GHANA CEDI EQUIVALENT OF CU…
Foreign direct investment (FDI) in China grew 26.03 percent year-on-year to reach 38.8 billion U.S. dollars during the first four months of this year, the Ministry of Commerce (MOC) said on Tuesday.
In April, the FDI climbed 15.21 percent…
German Chancellor Angela Merkel announced Monday that the government would double the financial aid to electric cars by 2013 to maintain its leading position in the world auto industry.
By 2013, the German government will double its subsi…
An initial ruling by China's Ministry of Commerce said Monday that European Union (EU) members have subsidized potato starch exports to China, hurting the interests of China's domestic industries.
China will impose an anti-subsidy provisi…
Google plans to sell its first bond offering on Monday, a planned 3-billion-U.S.-dollar sale to pay back short-term borrowings, U.S. media reported.
According to The Wall Street Journal, the Internet search giant will sell three-, five-, …
The South Korean capital of Seoul is the third-most networked city in the world behind Singapore and Stockholm, an industry report showed Tuesday.
Seoul shared the No. 3 position with London in the Networked Society City Index jointly …
Food prices in China are on an upward trend this month, a government report showed Tuesday, indicating the world's No. 2 economy will continue to face inflationary pressure.
In the first 10 days of this month, Chinese consumers saw hig…
South Korea will pursue "country-specific" cooperation programs with Central Asian countries to better secure natural resources and help build industrial infrastructure for the rapidly emerging economies, the government said Tuesday.
T…
Newmont Ghana, a core operating district of Newmont Mining Corporation (Newmont), the world’s second largest gold company, has appointed David C. Schummer as the Regional Senior Vice President for its Africa Operations.
A statement c…
The Benso Oil Palm Plantation (BOPP) Limited has declared a total dividend of GH¢1.87 million following a profit after tax of GH¢2.67 million posted in 2010.
Announcing this at the company’s annual general meeting in Takoradi recentl…
The Metropolitan Telecommunications Network (MTN) Ghana, on Monday said it would continue to work with the Government of Ghana and participate fully in relevant policy and legislative issues.
It is also poised to improve standard of …
Purdeu University of Technology in the United States of America in collaboration with the World Vision International, a Non-Governmental Organization has launched a storage project for cowpea in Ghana without the use of chemicals.
Th…
The New York Federal Reserve said general business conditions improved in the Empire State in May, but at a slower pace than April.
It was the sixth consecutive month the New York Fed's general business conditions index showed growth alth…
Oil prices dropped under $99 per barrel on the New York Mercantile Exchange Monday.
June delivery West Texas Intermediate crude prices lost $1.23 to reach $98.42 per barrel. Home heating oil prices shed 2.87 cents to $2.9135 per gallon. R…
The following is the average inter-bank exchange rate of the dollar and derived rates for the major currencies against the cedi, as issued by the Ghana Association of Bankers on Tuesday, May 17, 2011.
GHANA CEDI EQUIVALENT OF CU…
Foreign direct investment (FDI) in China grew 26.03 percent year-on-year to reach 38.8 billion U.S. dollars during the first four months of this year, the Ministry of Commerce (MOC) said on Tuesday.
In April, the FDI climbed 15.21 percent…
German Chancellor Angela Merkel announced Monday that the government would double the financial aid to electric cars by 2013 to maintain its leading position in the world auto industry.
By 2013, the German government will double its subsi…
An initial ruling by China's Ministry of Commerce said Monday that European Union (EU) members have subsidized potato starch exports to China, hurting the interests of China's domestic industries.
China will impose an anti-subsidy provisi…
Google plans to sell its first bond offering on Monday, a planned 3-billion-U.S.-dollar sale to pay back short-term borrowings, U.S. media reported.
According to The Wall Street Journal, the Internet search giant will sell three-, five-, …
The South Korean capital of Seoul is the third-most networked city in the world behind Singapore and Stockholm, an industry report showed Tuesday.
Seoul shared the No. 3 position with London in the Networked Society City Index jointly …
Food prices in China are on an upward trend this month, a government report showed Tuesday, indicating the world's No. 2 economy will continue to face inflationary pressure.
In the first 10 days of this month, Chinese consumers saw hig…
South Korea will pursue "country-specific" cooperation programs with Central Asian countries to better secure natural resources and help build industrial infrastructure for the rapidly emerging economies, the government said Tuesday.
T…
Newmont Ghana, a core operating district of Newmont Mining Corporation (Newmont), the world’s second largest gold company, has appointed David C. Schummer as the Regional Senior Vice President for its Africa Operations.
A statement c…
The Benso Oil Palm Plantation (BOPP) Limited has declared a total dividend of GH¢1.87 million following a profit after tax of GH¢2.67 million posted in 2010.
Announcing this at the company’s annual general meeting in Takoradi recentl…
Crude oil added 68 cents Friday to settle at $99.65 a barrel on the New York Mercantile Exchange.
Henry Hub natural gas closed up a nickel, settling for $4.246 per million British thermal units.
Home heating oil finished trading at $4.94…
Austerity budget cuts have given rise to new anti-government groups in Europe that threaten to undermine economic recoveries, a terrorism expert said.
"Many of these are just a few frustrated high school students with a Web site. But as w…
Crude oil added 68 cents Friday to settle at $99.65 a barrel on the New York Mercantile Exchange.
Henry Hub natural gas closed up a nickel, settling for $4.246 per million British thermal units.
Home heating oil finished trading at $4.94…
Austerity budget cuts have given rise to new anti-government groups in Europe that threaten to undermine economic recoveries, a terrorism expert said.
"Many of these are just a few frustrated high school students with a Web site. But as w…
Europe need to take comprehensive and bold policy action to restore fiscal health, address remaining weaknesses in the financial sector, and implement reforms to restore competitiveness and growth, the International Monetary Fund (IMF) sai…
Mr Magnus Lincoln Quarshie, leader of a consulting team preparing transport plans to ease the chaotic traffic situation in Kumasi, has asked Municipal, Metropolitan and District Assemblies (MMDS) to make sure land allocation designs and pr…
Mr Joe Gidisu, Minister of Roads and Highways, has announced that about GHC1.01 billion was generated by Road Fund between 2000 and 2010.
He said in 2010 a total of GH¢182.0 million was realized from the fund’s various revenue source…
Government officials and businessmen from dozens of developing countries will visit Seoul next
week for the first-ever joint investment fair aimed at attracting South Korean investors and businesses, organizers of the event said Friday.
…
The Government has been tasked to utilise oil revenue for the benefit of Ghanaians, more specifically, the communities in the oil production area in a visible, positive and very
significant way.
Dr Papa Kwesi Nduom, Convention Peopl…
International tourism continues to recover from the global financial crisis and downturn of 2008-09, rising in every region of the world except the Middle East and North Africa
during the first two months of this year, according to new Un…
Economies of the European Union rose 0.8 percent in the first quarter of 2011, Eurostat said Friday in
a preliminary estimate of economic growth.
The EU's statistical office said the 0.8 percent growth rate held consistent in both the 27…
Crude oil prices held near $99 per barrel in New York as the euro gained strength on a report of 2.5
percent annual economic growth in Europe.
Eurostat, the statistical office of the European Union, said EU economies grew 0.8 percent in …
The U.S. Consumer Price Index rose 0.4 percent in April, slightly less than gains made in February and March, the Bureau of Labor Statistics said Friday.
Prices rose in line with expectations, coming in less than the 0.5 percent gain of t…
U.S. markets wobbled early Friday after the Labor Department said core inflation remained subdued in April.
Consumer prices rose 0.4 percent in April from March after rising 0.5 percent in the previous two months. On an annual basis, pric…
Europe need to take comprehensive and bold policy action to restore fiscal health, address remaining weaknesses in the financial sector, and implement reforms to restore competitiveness and growth, the International Monetary Fund (IMF) sai…
Mr Magnus Lincoln Quarshie, leader of a consulting team preparing transport plans to ease the chaotic traffic situation in Kumasi, has asked Municipal, Metropolitan and District Assemblies (MMDS) to make sure land allocation designs and pr…
Mr Joe Gidisu, Minister of Roads and Highways, has announced that about GHC1.01 billion was generated by Road Fund between 2000 and 2010.
He said in 2010 a total of GH¢182.0 million was realized from the fund’s various revenue source…
Government officials and businessmen from dozens of developing countries will visit Seoul next
week for the first-ever joint investment fair aimed at attracting South Korean investors and businesses, organizers of the event said Friday.
…
The Government has been tasked to utilise oil revenue for the benefit of Ghanaians, more specifically, the communities in the oil production area in a visible, positive and very
significant way.
Dr Papa Kwesi Nduom, Convention Peopl…
International tourism continues to recover from the global financial crisis and downturn of 2008-09, rising in every region of the world except the Middle East and North Africa
during the first two months of this year, according to new Un…
Economies of the European Union rose 0.8 percent in the first quarter of 2011, Eurostat said Friday in
a preliminary estimate of economic growth.
The EU's statistical office said the 0.8 percent growth rate held consistent in both the 27…
Crude oil prices held near $99 per barrel in New York as the euro gained strength on a report of 2.5
percent annual economic growth in Europe.
Eurostat, the statistical office of the European Union, said EU economies grew 0.8 percent in …
The U.S. Consumer Price Index rose 0.4 percent in April, slightly less than gains made in February and March, the Bureau of Labor Statistics said Friday.
Prices rose in line with expectations, coming in less than the 0.5 percent gain of t…
U.S. markets wobbled early Friday after the Labor Department said core inflation remained subdued in April.
Consumer prices rose 0.4 percent in April from March after rising 0.5 percent in the previous two months. On an annual basis, pric…
Mr Seth Adjei-Baah, Member of Parliament for Nkawkaw, has called on the Accra Metropolitan Assembly (AMA) to approach the decongestion exercise in Accra Metropolis with a human-face.
He said effort to rid pavements and streets of haw…
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