BP to proceed with Gulf relief well test

BP Plc will proceed with a relief well to kill its blown-out Gulf of Mexico well, the top U.S. spill official said on Friday. "Everybody is in agreement that we need to proceed with the relief well," retired Coast Guard Admiral Thad Allen…

Ghana stocks drop

The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, dropped marginally by 4.01 points from 6,389.98 points to 6,385.97 points during Thursday’s trading. The drop was the first in the week after the index rose…

Ghanaian banks are not cartels – Bank manager

Mr Daniel Asiedu MD/CEO of Zenith Bank Ghana Limited has stated that the nature of competition within the banking sector will not allow players in the industry to form a cartel to rip-off their customers and starve industry of needed funds…