German trade contracted sharply in November, data released Tuesday showed, adding to signs that growth slowed in Europe's biggest economy as 2012 came to an end.
The Federal Statistics Office said month-on-month exports dropped by 3.4 …
Entrepreneurs Foundation of Ghana (EFG), has opened nominations for UT Ghana Entrepreneur Awards Gala 2012, third edition.
The deadline for the entries to be nominated for the Ghana most prestigious awards for entrepreneurs is Februa…
It's stock may no longer be on a relentless rocket trajectory, but among consumers Apple remains as popular as ever.
The maker of the iPhone and iPad said Monday that its App Store had now passed the milestone of 40 billion apps downl…
Unemployment in the crisis-plagued eurozone continued on its relentless path upward in November, reaching a record 11.8 per cent as 113,000 more people joined the jobless ranks, new data showed Tuesday.
The unemployment rate has steadi…
Greek Prime Minister Antonis Samaras voiced optimism about his debt-strapped country's future during a Germany visit Tuesday, saying he sees "the glass half-full."
Greece is "delivering and Europe is helping," he said about Athens' tou…
Flight operations at Dhaka’s main airport resumed Tuesday after employees of Bangladesh's state-run airline ended an eight-hour strike for improved working conditions, officials said.
"Now we are going back to work as the minister assur…
South Korea's Samsung Electronics Co on Tuesday estimated its operating profit for the fourth quarter at a record 8.8 trillion won (8.3 billion dollars).
The estimated operating profit for the electronics manufacturer would represent a…
China continues to be a top investment destination for multinational companies. This is according to an annual survey by the Economist Corporate Network released earlier today. The report warns, however companies operating in the world's s…
The opening of Berlin's new airport has been delayed for a fourth time, until at least 2014, triggering a protest storm Monday and raising pressure on the German capital's mayor.
In the planning since 1996, the airport meant to become Ger…
Apostle Derek Sarpong, member of the Apostolic Council of the Great Commission Church International, has urged the Savanna Accelerated Development Authority (SADA) to promote mushroom farming in the three northern regions.
Apostle Sarpong…
Countries that take simple measures to prevent road traffic collisions not only save countless lives but also make substantial savings that translate into major economic benefits for society as a whole.
This is according to a study …
Nearly three years after a massive oil spill in the Gulf of Mexico, the company that operated the oil rig has agreed to pay a 1.4-billion-dollar settlement, according to a court filing Thursday.
Transocean, owner and operator of the De…
A Venezuelan minister on Wednesday said cancer-stricken President Hugo Chavez was in a "delicate" but stable condition following a fourth operation in Cuba.
"The medical team explains to us that the condition of President Chavez remain…
Vietnam shipped 462,00 tons of rice in December, raising the year's total to a record 7,6 million tons, authorities said Thursday.
Exports for the year were up 10 per cent over 2011, Vietnam Food Association (VFA) said in a report. Howeve…
The number of registered job seekers in crisis-hit Spain went down in December, after rising for four consecutive months, the Labour Ministry said Thursday.
Spain has an unemployment rate of 25 per cent.
However, the number of regi…
German unemployment rose less than expected in December, despite the eurozone debt crisis undercutting growth in Europe's biggest economy, data released Thursday by the labour office showed.
The labour office said the seasonally-adjusted …
The unemployment rate in the United States was unchanged in December at 7.8 per cent, the US Bureau of Labour Statistics said Friday, based on its monthly household survey.
A separate survey of employers found that payrolls grew by 155…
Entrepreneurs Foundation of Ghana (EFG), has opened nominations for UT Ghana Entrepreneur Awards Gala 2012, third edition.
The dead line for the entries to be nominated for the Ghana most prestigious awards for entrepreneurs is Febru…
Iceland and Norway Friday signed an agreement allowing a Norwegian state-owned firm to take part in the search for oil and gas on the Icelandic continental shelf.
Iceland in October awarded two licenses for exploration of the seabed no…
Vodafone Ghana has explained the rationale for capping its fixed broadband internet service at GH¢65.00, saying the hitherto lower price and unlimited data service was not economically viable and does not give value for money.
Vodaf…
Activities at the various banks on the Accra High Street on Wednesday started slowly after the New Year break as few customers trooped in to conduct business, the Ghana News Agency (GNA) observed.
Some of the banks the GNA visited on…
Three Chinese airlines formed a regional alliance with a Taiwan carrier Thursday in a further sign of thawing relations between the two sides on the Taiwan Strait.
The agreement was signed between the Chinese carriers China Eastern, Ch…
A businessman in the petroleum industry, Mr Isaac Brewu, has advised drivers and vehicle owners to patronize high quality petroleum lubricants produced in the country to enhance the performance of their vehicles.
He explained that p…
Ireland promised to be "in the business of solutions" Tuesday as it took over the European Union's rotating six-month presidency.
Prime Minister Enda Kenny, speaking at a ceremony at Dublin Castle while the Irish and EU flags were hoisted…
Britain pledged Wednesday to "seize the opportunity" to revive global economic growth during its presidency of the Group of Eight (G8) leading industrial nations this year.
In a letter marking the start of Britain's presidency, Prime Mini…
The US House of Representatives followed the Senate in approving a bipartisan bill late Tuesday to avoid tax hikes and postpone spending cuts that some analysts had warned could tip the economy back into recession.
The House voted 257-…
World financial markets began the new trading year on a positive note Wednesday after the hard-won deal over the so-called US fiscal cliff resulted in a relief rally in leading bourses.
Europe's benchmark Stoxx 600 index climbed 1 per cen…
The International Committee of the Red Cross (ICRC) is having to help more people in Europe where the economic crisis has driven many into poverty, its chief said in remarks published Wednesday.
"We see that people in most of the world…
The number of people with jobs in Germany hit a record high in 2012, with the nation's workforce swelling by 416,000, data released Wednesday showed.
The statistics office said employment in Europe's biggest economy rose by 1 per cent to …
The eurozone's manufacturing sector ended 2012 in recession, with a key index released Wednesday falling in December amid slumping production and lower export orders.
The London-based research group Markit said its purchasing managers' in…
US President Barack Obama said he would sign into law a congressional compromise to avert the so-called fiscal cliff of automatic tax hikes and spending cuts while calling it a first battle in a wider war on the deficit.
While a hit th…
The death of Italian scientist and physician Rita Levi Montalcini, 103, has claimed a tireless advocate for a hunger-free world, Food Agriculture Organization (FAO) Director-General, Jose Graziano da Silva said.
Montalcini, an FAO go…
Ireland took over the European Union's rotating six-month presidency on Tuesday, promising to focus on stability, growth and jobs amid the bloc's ongoing economic crisis.
Ireland - the first country under an international bailout progr…
The Ghana club 100 rankings are opened to all companies and are based on size, profits, and growth. The Ghana Club 100 has also come to be recognized as a listing of the 100 most prestigious companies in Ghana.
At our very first entry i…
Women farmers in Zuarungu in the Upper East Region have received training in moringa processing and soap making as part of efforts to empower them with alternative income generating ventures to improve their livelihoods.
The training…
The Food and Agriculture Organization (FAO) of the United Nations says the world has made progress in reducing hunger over the past two decades.
The FAO State of Food Insecurity in the World 2012 report presents new estimates of und…
The Atiwa Rural Bank at Akyem Kwabeng recorded a net profit of GHC 22,392 last year, Professor Samuel Obeng Apori, Chairman of the Bank of Directors, has disclosed.
Addressing the 23rd Annual General Meeting (AGM) of the bank at Aky…
U.S. President Barack Obama Friday called on U.S. lawmakers to take "immediate action" to resolve the so-called "fiscal cliff" and spur the economic growth.
Obama struck an optimistic tone at a press conference at the White House after an…
The Tema Development Corporation (TDC) cannot bank its hopes on land reserves as it did in the past 50 years of its existence, Mr Joseph A. Abbey, Managing Director has stated.
For this reason, he said, every tom dick and harry of th…
MTN Ghana Limited has launched the second edition of its mega promotion dubbed: "Dream Big 'Xtreme' Promotion" in Accra on Friday.
For the next 100 days MTN customers have the chance of winning fantastic prizes daily and monthly wi…
The patronage of the Ghana Automated Clearing House (GACH) has seen high monthly growth with transaction volumes almost 200 per cent higher in the third quarter compared to last year.
The GACH is an electronic payment system used in…
The Council for Technical and Vocational Education Training (COTVET) is to roll out a 10 million Euro Voucher System to promote access by apprentices, master craft spersons and entrepreneurs from small and micro enterprises to further tech…
Traders who deal in National Democratic Congress (NDC) party's paraphernalia say business is flourishing after weeks of experiencing sluggish sales.
The traders are into selling T-shirts, scarves, wrist watches, headgear, key holders…
Denmark's decision to opt out of the euro was "wise" and has allowed the country to serve as a bridge builder in the European Union, Foreign Minister Villy Sovndal said Thursday.
"I think that everyone will concede after the crisis that w…
The Ahanta West District Assembly (AWDA) says it has made strides in its revenue generation to qualify for funds under the Functional Organizational Assessment Tool (FOAT) exercise conducted by the Ministry of Local Government and Rural De…
US President Barack Obama was meeting with top lawmakers from both political parties Friday in an effort to hammer out a last-minute deal to avert the fiscal cliff due to take effect
next week.
House Speaker John Boehner and Senate M…
Emirates Airlines has introduced special fares for its economy class customers as a way of welcoming the year 2013.
The special fares apply to more than 120 destinations across the Emirates’ network when booked between December 26,…
You cannot miss the Tata brand name in India. It's on the tea you drink, the ubiquitous white Indica taxis that ferry you around, the trucks that block your way and it's beginning to be seen on Tata Starbucks outlets.
The Tata brand is…
You cannot miss the Tata brand name in India. It's on the tea you drink, the ubiquitous white Indica taxis that ferry you around, the trucks that block your way and it's beginning to be seen on Tata Starbucks outlets.
The Tata brand is…
President Mohammed Morsi is to travel Germany on January 29 to seek support in rebuilding Egypt's economy, the state-run newspaper al-Ahram reported Wednesday.
Morsi would be accompanied by a business delegation and attend a seminar in Be…
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