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US pharmaceutical giant Pfizer has dismissed as "preposterous" reports that it hired investigators to uncover evidence of corruption against a former Nigerian attorney general. According to a US cable released by WikiLeaks, Pfizer wanted…

Agreement at the UN climate summit in Cancun appears to be close, with most delegations hailing compromise texts drawn up by the Mexican hosts. Bolivia opposes the texts, but all other nations look set to approve them. The draft documents…

The United States trade deficit narrowed in October to its lowest level since early this year, the government reported Friday, with exports to China hitting a high. The encouraging trade report and signs that a tax cut package would pass…

OPEC oil ministers signaled ahead of a Saturday meeting that they see no reason to change output targets given current global economic sluggishness, though they expect demand for crude will continue to grow. "What's missing right now is…

Regulators on Friday shut down small banks in Michigan and Pennsylvania, boosting the number of U.S. banks that have failed this year to 151 as bad loans have mounted and the economy has been slow to heal. The Federal Deposit Insurance…

The trustee seeking to recover money for investors who lost billions of dollars in jailed financier Bernard Madoff's fraud said Friday he has filed civil racketeering charges against an Austrian banker and 55 other defendants, demanding…

President Barack Obama on Friday called on a battle-scarred dealmaker, former President Bill Clinton, to help convince reluctant Democrats to back a compromise tax plan before rates rise for most Americans in January. As Democrats in the…

Ghana’s banking sector is well capitalized, profitable and liquid, the governor of the Bank of Ghana, Kwesi Amissah-Arthur has said. He also said credit to SMEs has improved. Addressing a press conference Friday December 10, 2010 in…

The Minority in parliament on Thursday called on government and its agents to desist from unduly meddling in the affairs of the Ghana Football Association (GFA) and destabilizing Ghana sports generally. Mr Asiamah Isaac Kwame, Member of…

The Institute of Economic Affairs (IEA) on Thursday organised a day's workshop with the United Nations Democracy Fund in Kumasi to help deepen public understanding of the constitutional review process. Traditional rulers, political party…