economy
Indian Opposition To Boycott Tax Launch
Indian opposition vowed Friday to boycott the launch of the government's new national tax, adding to the strain ahead...
Court Says NY Skyscraper Linked To Iran Can Be Seized
The Piaget Building at 650 5th Avenue in New York may be seized by the US government, as the building's owners' link to...
India Eyes Sale of Its Debt-Laden Airline
New Delhi is hoping to privatise Air India to make the ailing national carrier more competitive, but experts say debts...
Walgreens To Buy Half of Rite Aid Stores For $5.2 Bn
US pharmacy chain Walgreens announced a new deal on Thursday to buy half of competitor Rite Aid's stores for nearly...
Gov’t To Extend IMF Programme
Government has finally communicated to the International Monetary Fund (IMF) its decision to extend the Fund’s...
Egypt Slashes Fuel Subsidies In IMF-Backed Reform
Egypt announced a new sharp increase in fuel prices on Thursday, as it slashes government subsidies in a tough...
Indian Business Braces For Disruption Amid Massive Reform
India is bracing for upheaval as it storms ahead with its most ambitious reform in decades -- transforming the world's...
Euro Hits Year-High Against Dollar; US Stocks Bounce
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks...
US Fed Approves Large Bank Investor Payout Plans
The Federal Reserve gave the green light on Wednesday to plans by all 34 large banks seeking to provide big payouts to...
FedEx Unit TNT ‘significantly Affected’ By Virus
Shipping giant FedEx said Wednesday that deliveries were slowed at its Dutch unit TNT Express after the firm was hit by...
Stanbic Fetes Customers
Stanbic Bank has thrilled over one hundred International Private Banking customers at an exclusive event at Movenpick...
US Trial of Pharma Bad Boy Shkreli Delayed Over Jury Selection
The US securities fraud trial of Martin Shkreli, a former pharmaceutical executive who gained notoriety for jacking up...
Ghana’s Aviation Set To Permit Nigeria Airlines In Ghana Commercial Travel Space
Intense competition is looming for Ghanaian airlines as the Ministry of Aviation has indicated its readiness to allow...
Japan-EU Trade Negotiations At Crucial Moment
Japan and the European Union are at a crucial moment in their attempt to sign a free trade deal, Japan's foreign...
Philips Buys US Cardiac-Implant Firm For 1.9 Bln Euros
Dutch electronics giant Philips Wednesday announced it was buying for 1.9 billion euros ($2.2 billion) a specialist US...
Ghana Close To Securing $116m IMF Programme Cash
The country is on track to receive some $116 million from the International Monetary Fund (IMF) in July to support...
Gov’t Losing Momentum In Galamsey Fight – Akandor
The government is gradually losing momentum in the fight against illegal mining popularly known as galamsey. This is...
Takata Bankruptcy A Question Mark For Consumer Lawsuits
The bankruptcy of Japanese auto parts giant Takata may frustrate the legal challenges by victims harmed by the...
NAFTA Foes, Supporters Debate Renegotiation
With talks to begin in August to renegotiate the North American Free Trade Agreement, dozens of industry, agriculture,...