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Unrest in Libya and the threat of contagion to other oil producing countries in the region drove Brent crude to a 29-month high above $113 on Thursday, fuelling worries about slower global growth and knocking Asian shares lower. Copper…

Sales of existing US homes rose by 2.7% in January, but prices fell to their lowest in nearly nine years, said the National Association of Realtors (NAR). The jump came despite severe weather conditions, which hit large parts of the…

After three months away, Saudi Arabia's King Abdullah bin Abdul Aziz promised his subjects billions of dollars in new benefits as he returned home today to a region roiled by revolt. As other leaders across the Middle East scurry to…

Cash bonuses for Wall Street bankers fell by 8% to an average $128,530 (£79,259) in 2010, according to New York state Comptroller Thomas DiNapoli. "Cash bonuses are down, but that's not an indicator of a weakness on Wall Street," said Mr…

Agriculture still remains the mainstay of the African economy and has higher potential of feeding the world to reduce hunger, says Kofi Annan, Chairman of the Alliance for a Green Revolution in Africa (AGRA). In a keynote address to the…

The Bank of Ghana (BoG) has explained why it decided to convert Barclays Bank’s offshore license into a regular one. The central bank says the decision was taken because of perceptions of money laundry, low interest by Ghanaians in the…

Tax relief for workers including relief for children and dependents have been enhanced as part of the negotiation for the new minimum wage, Mr. Ellis Ankomah, Western Regional Secretary of the Trades Union Congress (TUC), said on Wednesday.…

The Ghana Football Association (GFA) President, Mr Kwesi Nyantakyi has been elected to serve on both the CAF and FIFA Executive Committee after winning the Zone West B elections in Khartoum, Sudan today February 23, 2011, According to…

The African Development Bank (AfDB) has appointed Dr. Mahamudu Bawumia, an economist and former Deputy Governor of Ghana’s Central Bank, as the Bank’s Resident Representative to Zimbabwe. A statement issued in Accra copied the Ghana News…

The Ghana Health Service (GHS) is to make leadership development programme its major focus in 2011 to facilitate major qualitative changes. “Leadership changes things, no matter how bad things are, good leadership turns things around,” Dr…