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Oil prices hovered below $106 a barrel Friday in Asia as political upheaval in the Middle East and signs of strong global demand keep crude near two-year highs. Benchmark crude for May delivery was down 8 cents to $105.52 a barrel at…

Most Asian shares rose Friday after Wall Street posted gains on the heels of an improving job market and higher corporate earnings as investors closely monitored developments at a quake-stricken nuclear power plant in Japan. The Nikkei 225…

Deputy First Minister Martin McGuinness has said NI banks should be denied any benefits from potential cuts in corporation tax. A consultation paper examining the case for lowering corporation tax rates in NI was published earlier. Low…

European leaders agreed to increase their financial rescue fund to the full €440bn (£387bn) by June, but avoided discussion of Portugal which is under pressure to seek a bailout following the resignation of its prime minister. Having said…

BHP Billiton Ltd. will invest almost $10 billion on expanding iron ore and coal mining operations in Australia, the world's biggest miner announced Friday. The Melbourne-based Anglo-Australian giant will spend $6.6 billion on expanding its…

Guatemala's First Lady, Sandra Torres de Colom, has confirmed that she is divorcing president Alvaro Colom so she can stand for election to succeed him. Ms Torres fought back tears as she told Guatemalans she was leaving a loving…

US mining company, Newmont Mining Corporation says, its Board of Directors has approved funding for its Akyem project in Ghana. The Denver-based miner which is the second largest in Ghana, says the Board made the announcement today, March…

Ghana is to benefit from a $50 million water fund pledged by the Hilton Foundation in the US to address the water needs of more than one million people in sub-Sahara Africa. The foundation announced the pledge on March 22, 2011 at a U.S.…

The Chief Executive Officer of EKB Records, Mr Kiki Banson, has described the head office of the Musicians Union of Ghana (MUSIGA) in Accra as a 'chop bar'. A 'chop bar' is usually an ordinary eating place without the decorations…

The Head of Research at the Kofi Annan International Peacekeeping Training Centre, Dr Kwesi Aning, on Wednesday urged government to invest adequately in the provision of security, saying it is the only way to deal effectively with the…