An Accra High Court has dismissed a stay application by the International Finance Corporation (IFC) and the OPEC Fund to have suit brought against them by Quantum Oil moved to London for arbitration....
Indian opposition vowed Friday to boycott the launch of the government's new national tax, adding to the strain ahead of the country's biggest ever fiscal reform. Businesses are bracing for upheaval...
The Piaget Building at 650 5th Avenue in New York may be seized by the US government, as the building's owners' link to the Iranian government gave Iran a "critical foothold" in the US, allowing it...
New Delhi is hoping to privatise Air India to make the ailing national carrier more competitive, but experts say debts of at least $8 billion could deter buyers. India's finance minister said on...
US pharmacy chain Walgreens announced a new deal on Thursday to buy half of competitor Rite Aid's stores for nearly $5.2 billion after canceling a two previous merger attempts. The Walgreens Boots...
Government has finally communicated to the International Monetary Fund (IMF) its decision to extend the Fund’s programme. Sources say the program would be extended to December 2018, instead of the...
Egypt announced a new sharp increase in fuel prices on Thursday, as it slashes government subsidies in a tough IMF-backed reform programme. The cabinet said that 82 octane petrol would sell for 3.65...
India is bracing for upheaval as it storms ahead with its most ambitious reform in decades -- transforming the world's fastest growing major economy into a single market for the first time. The...
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks helped Wall Street reverse a sell-off in the prior session. The euro rose close to...
The Federal Reserve gave the green light on Wednesday to plans by all 34 large banks seeking to provide big payouts to shareholders after the firms passed the annual stress tests. It is the first...
Shipping giant FedEx said Wednesday that deliveries were slowed at its Dutch unit TNT Express after the firm was hit by the latest major computer virus attack. Trading in FedEx shares was halted for...
Stanbic Bank has thrilled over one hundred International Private Banking customers at an exclusive event at Movenpick Ambassador Hotel, Accra. Dubbed: The ‘Cognac and Champagne with Chocolate...
The US securities fraud trial of Martin Shkreli, a former pharmaceutical executive who gained notoriety for jacking up the price of an HIV drug by 5,000 percent, has been delayed due to difficulties...
Intense competition is looming for Ghanaian airlines as the Ministry of Aviation has indicated its readiness to allow competition into Ghana’s domestic air travel space. This move according to the...
Japan and the European Union are at a crucial moment in their attempt to sign a free trade deal, Japan's foreign minister said Wednesday, with tariffs on European cheese a key sticking point. The...
Dutch electronics giant Philips Wednesday announced it was buying for 1.9 billion euros ($2.2 billion) a specialist US company manufacturing ground-breaking treatments for heart and vascular diseases...
The country is on track to receive some $116 million from the International Monetary Fund (IMF) in July to support its import and export activities. This would happen after the IMF board meets in...
The government is gradually losing momentum in the fight against illegal mining popularly known as galamsey. This is according to a former Deputy Minister for Lands and Natural Resources, Kwabena...
The bankruptcy of Japanese auto parts giant Takata may frustrate the legal challenges by victims harmed by the company's exploding airbags, which were part of the largest auto safety recall ever. The...
With talks to begin in August to renegotiate the North American Free Trade Agreement, dozens of industry, agriculture, labor and economic officials offered their views to the Trump administration on...
