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Germany's troubled Hypo Real Estate bank, which last year narrowly avoided bankruptcy before being nationalised, defended Sunday its handing out of millions in extra payments to staff. The property and municipal funding specialist…

Italian carrier Alitalia is considering cutting as many as 1,400 jobs by the end of the year and may not renew the contracts of 600 temporary staff, Italian media reported on Sunday. The head of the airline, Rocco Sabelli, hinted at a…

The well is dead. Finally. A permanent cement plug sealed BP's well nearly 2.5 miles below the sea floor in the Gulf of Mexico, five agonizing months after an explosion sank a drilling rig and led to the worst offshore oil spill in U.S.…

The amount of pocket money children receive has fallen to a seven-year low, a survey has indicated. The average child currently receives £5.89 a week, the lowest level since 2003, and down from £6.24 in 2009, according to high street bank…

Wearing glasses ages people by at least three years, a poll said. Skip related content Those who wear glasses are perceived to be older and tend to be regarded as "geeky" compared with people who do not wear glasses. On average,…

Nissan Motor Co.'s main Chinese manufacturing and sales joint venture on Monday opened a new plant in Zhengzhou, Henan province, its fourth primary vehicle-assembly factory in China, despite worries among some Chinese government officials…

The Minister of Transport, Mr Mike Hammah, has urged the Ghana Airports Company Limited (GACL) to be more pro-active in educating passengers on the workings of the Kotoka International Airport (KIA). He said when this was done…

Cocoa farmers in the Eastern Region have appealed to the government to open the cocoa season early enough to enable them to sell their produce to reduce the economic hardship facing them. The farmers observed that almost one week to the…

The HIV prevalence rate at Axim in the Nzema East District has equalled the national figure of 2.9 per cent, the HIV Coordinator at the Axim Government Hospital, Mr Thomas Kwasi Addae, has said. Speaking with the Ghana News Agency (GNA) at…

Mr Adam Anabah Moro, Bawku West District Chief Executive, has urged the revenue taskforce of the Assembly to intensify its revenue collection to enable it to achieve its 2010 target. He said the Assembly, from January to August, managed to…