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Social network giant Facebook has registered its 500 millionth member, the firm has announced. The site, which launched in 2004, has gained around 100 million new users in the last six months. Facebook said the number was "an important…

In congressional testimony, the Fed chairman predicts that unemployment will remain stubbornly high for years. His comments send stocks down sharply. Federal Reserve Chairman Ben S. Bernanke painted a generally downbeat picture of the…

Reveling in victory, President Barack Obama on Wednesday signed into law the most sweeping overhaul of financial regulations since the Great Depression, a package that aims to protect consumers and ensure economic stability from Main Street…

Four large oil  companies are committing $1 billion to set up a rapid response system to deal with oil spills in the Gulf of Mexico’s deep waters. The effort is aimed partly at deflecting efforts by some state and federal officials to stop…

A couple who scooped £7.7m on the National Lottery have revealed they were unaware of the win and had to be told about their fortune from a supermarket worker. Susan and Ivan Westbury, from Nottingham, matched all six numbers in Saturday's…

Ghana earned about $1.6 billion from tourism as the fourth largest foreign exchange earner last year after gold, cocoa and remittances from Ghanaians resident abroad. Mrs Zita Okaikoi, Minister of Tourism, said tourism contributed about…

A Greece-based international telecoms technology company, Intracom Telecom has announced in a widely publicised press release that it has won a $1.2 million contract to build what would be Ghana’s first WiMAX technology for the service…

I recall my immense shock at an on air confession by a BBC presenter during the 2006 World Cup that he’d thought all along that the name Boateng was British. My awe at this ignorant statement knew no bounds, back then. On hindsight now, I…

Mr Alban Bagbin, the Minister for Water Resources, Works and Housing, said the government had made available more than three million Ghana cedis for emergency flood relief activities for 2010. He said activities undertaken with the…

The Ghana Stock Exchange (GSE) All-Share Index, the main market indicator, dropped by 23.91 points from 6,289.24 points to 6,265.33 points during Tuesday’s trading on the Accra bourse. The Change Year to Date was 12.44 points. Traded…