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More than one in two Chinese savers regard the current inflation rate as unacceptable, according to a central bank survey on Tuesday that is likely to fan official concern about deteriorating inflation expectations. Consumer prices rose…

The US Federal Reserve was widely expected to keep its key lending rate at virtually zero percent Tuesday as financial markets look for signals of future monetary policy tightening. Central bank chief Ben Bernanke chairs the one-day…

New HIV infections are increasing among homosexuals, drug users and prostitutes who don't seek help because of laws that criminalize these practices, the head of the U.N. AIDS agency said Monday. Michel Sidibe, the head of UNAIDS, said "it…

British Airways plans to keep 60% of its customers flying if cabin crew go ahead with a three day strike from this weekend, the airline has said. The firm said it aimed to fly around 45,000 passengers each day on March 20, 21 and 22, while…

The administrator for failed Wall Street giant Lehman Brothers has filed plans to end the largest bankruptcy in US history, opening the way for the creation of a new company. "The proposed plan represents a fair economic resolution for all…

The estate of Michael Jackson has agreed the biggest recording deal in history, worth more than $200m (£133m), with Sony Music, US reports say. The deal reportedly involves 10 album projects over seven years - including one of previously…

The world's shortest man, He Pingping, has died at the age of 21, a Guinness World Records spokesman has said. Pingping, who was 29 inches tall, was filming a television programme in Italy when he developed chest problems. The…

Indian businesses operating in Ghana have altogether invested $277 million in the country, the Calcutta News has reported citing vice president John Mahama, without naming the specific companies and the projects they are investing in.…

Aluworks Ltd, a 25-year-old private company and major producer of aluminium casting and cold mill company in Ghana has launched a Rights Issue to raise GH¢30 million to recapitalize. The only aluminium casting company in Ghana to be listed…

MTN Ghana has increased its subscriber base by 24% to eight million for the year ended December 31, 2009. In a press release issued March 11, 2010 and copied to ghanabusinessnews.com, MTN said the growth was made possible the improvements…