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Crime and corruption are the main obstacles to doing business in Nigeria and more than half of firms in the country say they are victims of crime at least once a year, a study showed on Thursday. The European Union-funded survey of more…

The Democratic Republic of Congo is in line to get billions of dollars in debt relief, World Bank officials said, cutting the amount the nation owes by more than 80 percent. International Monetary Fund and World Bank boards released a…

He said nyet to $1 million. Grigory Perelman, a reclusive Russian mathematics genius who made headlines earlier this year for not immediately embracing a lucrative math prize, has decided to decline the cash. Perelman's decision was…

Most Asian stock markets posted losses Friday as investors awaited a crucial reading on the U.S. jobs market that comes amid signs economic recovery is losing momentum around the world. The downdraft in Asia followed Wall Street beginning…

Britain's most senior anti-terrorist officer warned Government spending cuts cannot be delivered without increasing the risk of a terrorist attack. Scotland Yard's Assistant Commissioner John Yates said counter-terrorism officers would…

Could a blind person drive a car? Researchers are trying to make that far-flung notion a reality. The National Federation of the Blind and Virginia Tech plan to demonstrate a prototype vehicle next year equipped with technology that helps…

Concerns are rising that the economic rebound is stalling, but a strong jobs report on Friday would go a long way towards assuaging those fears. Conversely, a report showing private employers failed to create many jobs in June will amplify…

Stormy seas continued to hamper cleanup efforts on Thursday as BP's oil spill eclipsed a grim record, becoming by one measure the largest ever in the Gulf of Mexico. Based on the upper end of a range of government estimates, the spill…

The major stakeholder in Ghana’s nascent oil and gas industry, Tullow Oil says two of the major oil fields in the country contain 2.9 billion barrels of oil and gas. The Wall Street Journal citing information on Tullow Oil’s website says…

MTN, the leading telecommunications provider in Africa has sent a goodwill message to the National team, the Black Stars as the team plays Uruguay in the quarter-finals of the ongoing 2010 World Cup in South Africa. In an emailed message…