AIG unit pays back nearly $4b US loan

American International Group's (AIG.N) aircraft leasing unit ILFC repaid nearly $4 billion of U.S. loans after raising new debt from investors, a source familiar with the matter said on Sunday. The repayment reduced the principal balance…

Britain hit by torrential rains

Parts of Britain were hit by torrential rain and gale force winds as summer looked to have come to a rude end. Up to 4cm (1.5in) of rain fell overnight in areas of southern England - more than half the normal monthly total - with 40mph…

Ghana earns $30m annually from shea industry

Vice President John Dramani Mahama had said the shea industry is an attractive business earning about 30 million dollars of foreign exchange for the national economy. The sector, he said, has the potential of tripling the amount when the…