September 2010

Shareholders of Produce Buying Company Limited (PBC), on Wednesday passed a resolution to borrow on behalf of investors in excess of the company's stated capital, to the limit of the value of annual cocoa purchases. Dr John Abu, Chairman…

Mr Alhassan Yakubu, fourth Prosecution Witness (PW4) in the Ya- Na trial on Wednesday denied claims from Defence Counsel that it was the Andani's who first attacked the Boli-lana, compelling the Abudus to repel the assault. He said the…

Nokia, the worlds leading mobile device maker estimates that there will be more than 300 million new mobile phone subscribers in Africa by 2014, according to a report by Reuters. It said Nokia expects to see the surge over the next three…

Egypt's prime minister urged investors on Wednesday not to fret about the leadership and not to expect a decision soon from President Hosni Mubarak, 82, on whether he will run for office again in next year's election. Officials have been…

Social networking website Facebook and Internet telephone company Skype are in talks to establish a partnership that is aimed at integrating their communication services, Wall Street Journal said, citing a person familiar with the…

Ireland put a 34 billion euros (29 billion pound) price on bailing out stricken Anglo Irish Bank under a worst case scenario, prompting the government to promise on Thursday a new four-year budget plan in November. Finance Minister Brian…

The Bank of England should start pumping more money into the economy as the economy risks undershooting, undermining growth in the long term, Monetary Policy Committee member Adam Posen said in a media report on Thursday. He also said he…

US President Barack Obama has ordered unprecedented sanctions against senior Iranian officials for "sustained and severe violations of human rights". The eight men include the head of the Revolutionary Guards, a former interior minister…

China on Thursday hit back at a bill passed by the House of Representatives aimed at pressuring Beijing to let its currency rise faster by branding it in violation of world trade rules, but Beijing stopped short of threatening any…

Congress on Thursday passed a measure to fund the federal government another two months, their last major legislative action before shutting down and returning to the campaign trail for the Nov. 2 elections. The House voted 228-194 early…