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Gold prices hovered above three-month lows on Friday, a day after after posting their biggest one-day loss since 2008, with investors wary of taking risks amid mounting sovereign debt fears in Europe. Liquidity has been thinning ahead of…

The World Bank's private sector lending arm is investing more than $2 billion in sub-Saharan Africa in the 2009/10 fiscal year as investment opportunities improve, the lender's head said on Thursday. "Last year, we did $1.8 billion in…

Nigerian President Umaru Yar'Adua will write to the Senate soon in response to calls for him to hand over to his deputy after an absence of more than two months, a presidential aide said on Thursday. The 58-year-old leader has not been…

China announced anti-dumping duties of up to 105.4 percent Friday on imports of U.S. chicken products, adding to trade strains with Washington. The case comes amid mutual accusations of protectionism by Beijing and Washington which both…

A bout of turmoil in global markets has provided sobering reminder to global financial leaders that the aftershocks from the worst recession in seven decades are far from over. Finance ministers and central bank presidents from the world's…

Asian stocks fell to near five-month lows on Friday as investors dumped riskier assets after rising sovereign debt problems in the euro zone and poor jobs data sent U.S. and European stocks tumbling. The U.S. dollar extended gains from the…

Job losses during the Great Recession have been huge and they're about to get bigger. When the Labor Department releases the January unemployment report Friday, it will also update its estimate of jobs lost in the year that ended in March…

An American woman who got down with malaria after visiting Ghana is suing the hospital that first treated her after her arms and legs were amputated as a result of the disease. The woman, Dawn Dubsky is suing the Northwestern Memorial…

The Northern Star Tomato Company (NSTC) at Pwalugu near Bolgatanga is ready to start production, the consultant for the project, Mr. Charles Gunu, has said. He said this when the Upper Eat Regional Minister, Mr. Mark Woyongo, paid a day's…

The Ghana Private Road Transport Union (GPRTU) of the Trades Union Congress (TUC), on Thursday appealed to the Minister of Roads and Highways to review the recently introduced toll rates downwards to enable vehicle owners to break even. It…