Business_Finance

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Sri Lanka Deploys Troops Amid Oil Workers Strike

Sri Lanka deployed troops and police to distribute fuel Wednesday as striking petroleum workers protested over plans to...

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Panama Opens Embassy In China After Cutting Taiwan Ties

Panama announced Tuesday it has opened an embassy in China after cutting diplomatic ties with Taiwan in June. "The...

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We Are Ready For Paperless Transactions – GCNet Executive Chairman

Government’s directive to port operators to achieve total paperless processing of operational clearance procedures at...

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US Consumer Sentiment Recovers In July

US consumer sentiment recovered to near record levels in July after falling for two months in a row, according to a...

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GYEEDA Trial: I Wasn’t Paid Ahead of Work Done

One of the accused persons in the ongoing Ghana Youth Employment and Entrepreneurial Development Agency, (GYEEDA)...

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US Fed To Meet Amid Weak Inflation

The US Federal Reserve was due to open a two-day monetary policy meeting on Tuesday but is widely expected to leave the...

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Caterpillar Boosts Outlook, Sending Shares Higher

Global machinery giant Caterpillar reported a jump in second-quarter profits Tuesday and lifted its full-year forecast,...

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McDonald Reports Jump In Q2 Profits; US Sales Strong

McDonald's reported higher second-quarter profits Tuesday behind strong comparable sales in key markets, including the...

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‘We’ve Invested US$2.5b In Infrastructure’

Chief Executive Office (CEO) at Vodafone Ghana, Yolanda Cuba, has hinted that her outfit has invested over 2.5 billion...

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GM Reports 42% Drop In 2Q Profits To $1.7 Bn On Reorganizing Costs

General Motors reported a big drop in second-quarter earnings Tuesday on one-time restructuring costs in international...

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Sri Lanka Finalises $1.12 Bn Port Deal With China

Sri Lanka's government Tuesday approved the sale to China of a majority stake in a loss-making but strategically-sited...

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Policy Rate Down To 21%

Monetary Policy Committee of the Bank of Ghana (BoG) has reduced the policy rate of June from 22.5 per cent to 21 per...

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Shell Shuts Down Key Supply Pipeline In Nigeria

Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria's restive south...

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Govt Shoots Down ‘friendship’ Ties With IMF After 2018

Government has insisted it will not subscribe unto the Policy Sector Initiative (PSI) with the International Monetary...

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NPP To Miss Budget Deficit Target If … – Terkper

Former Finance minister, Seth Terkper has predicted that the NPP government will miss its budget deficit target for...

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Indian Stocks Hit Record, Break 10,000 Barrier

India's stock markets hit record highs on Tuesday with the National Stock Exchange's much-watched Nifty index breaking...

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UK Serious Fraud Office Probes Rio Tinto Guinea Project

Britain's Serious Fraud Office has opened an investigation into mining giant Rio Tinto for "suspected corruption"...

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South Korea Tips Fastest Growth In Three Years In 2017

South Korea said Tuesday its economy is set to grow at its fastest rate in three years in 2017, on the back of strong...

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Boeing Signs $1 Bn Contract With Dassault Systemes

US aerospace giant Boeing has signed a billion-dollarcontract with French industrial software company Dassault Systemes...