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A federal jury has ordered SAP AG to pay $1.3 billion to its archenemy, Oracle (ORCL), for stealing customer-support documents and software in a scheme to siphon off customers. The verdict on Tuesday amounts to more than half of SAP's…

All 29 miners trapped in a New Zealand coal pit since Friday are believed to be dead after a second explosion. Police Supt Gary Knowles said there was no hope that anyone could have survived the "massive" underground blast at the Pike…

The Institute of Economic Affairs (IEA), a think tank, has proposed a long-term national development plan for successive governments to monitor and evaluate implementation of policies. The Institute said the plan should cover a 10…

Ghana will implement Mobile Number Portability (MNP) in 2011, the Minister of Communications has said. Mr. Haruna Iddrisu says there will be no turning back on the implementation of MNP early 2011. Mobile number portability is a system…

Chinese investors are to inject about $570 million into three major projects in Ghana's mining, health and agricultural sectors. The investments involve a $500­-million project to give a facelift to some parts of the Korle-Bu Teaching…

The Petroleum Management Bills 2010 went through a second reading in Parliament on Monday with a strong proposal that prohibits the use of oil revenue as security for borrowing. The 65 clause bill set out the formulae for the management…

The management of Bharti Airtel, a leading global telecommunications company with operations in 19 countries across Asia and Africa, has launched its brand across 16 African countries including Ghana. In Ghana, Airtel has replaced Zain as…

The Bank of Ghana (BOG) has vowed to exercise strict surveillance over rural/community banks to instill sanity and discipline into their operations. Mr K. S. Osei-Bonsu, Chief Manager, Banking Supervision Department, BOG, said it was…

Mr Gregorio Boho Camo, the Equatorial Guinea President of the Bioko Chambers of Commerce, Agriculture and Forestry, has lauded Ghana's diversified and stable economy, saying his country needed to imitate Ghana to develop her other sectors.…

The Ministry of Trade and Industry has selected WIENCO (GH) Limited to handle the purchase of all seed cotton produced under the aegis of the Ministry's Cotton Support Programme. The management of WIENCO would therefore work with the…