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A severe drought destroyed one-fifth of the wheat crop in Russia, the world's third-largest exporter, and now wildfires are sweeping in to finish off some of the fields that remained. Expectations that Russia will slash exports by at least…

The economy is improving but has yet to recover fully, with high unemployment and a weak housing market leaving consumers unsettled, Federal Reserve Chairman Ben Bernanke said on Monday. This means monetary policy must remain…

There's much more to retirement planning than accumulating a large next egg. You'll need to invest and protect your retirement savings, account for health care expenses, and turn your savings into a stream of income. Unfortunately, there's…

Kinross Gold of Toronto is set to take full control of Vancouver-based Red Back Mining in a deal valued at $7.1bn, broadening Kinross’s reach to west Africa, where Red Back’s operations are focused. Kinross said the agreed all-share…

In the film he plays a Barney Ross, a fearless, muscle-bound mercenary on a mission to hunt down a murderous South American dictator called General Gaza. But in real life it is Sylvester Stallone himself who is being pursued by the South…

BP will begin tests Monday to ensure it can effectively pump mud down its blown-out Gulf well and if all goes well, as expected, it will begin plugging the well tomorrow, a senior company official said Monday. "We're not anticipating" a…

President Barack Obama declared Monday that the Iraq war was nearing an end "as promised and on schedule," touting what he called a success of his administration though it comes amid persistent instability and uncertainty in Iraq. Obama…

The leading mobile services provider in Ghana, MTN has signed a deal with the country’s and West Africa’s largest Internet service provider, BusyInternet to enable MTN subscribers to browse the Internet at all BusyInternet cafés. In a…

The Ghana Real Estate Developers Association (GREDA) has responded to remarks by the Minister of Water Resources, Works and Housing, Alban Bagbin on the ongoing saga of the $10 billion STX of Korea housing deal. In a press release made…

The Convention People’s Party (CPP) has appealed to President John Atta Mills to assist the Ghana National Petroleum Corporation (GNPC) to purchase Kosmos stake in the Jubilee Oil Field and its determination to achieve extensive deepwater…