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The head of the International Monetary Fund on Wednesday said world leaders must not abandon financial sector reforms designed to prevent a repeat of the credit crisis that devastated economies. IMF Managing Director Dominique…

Crucial new figures will show whether the Government's investment in keeping young people off the dole was paying off or whether recent encouraging signs were just a "blip", said union leaders. The TUC said it will be studying the jobless…

US giant Kraft won control of Britain's Cadbury for 18.9 billion dollars, creating a global leader in food and confectionery and ending a bitter war of words, but sparking jobs uncertainty. The pair announced in a statement that Cadbury…

Chinese banking authorities have instructed some major banks to curb their lending over the rest of this month after an early burst of credit, official media and banking sources said on Wednesday. The central bank has also told some…

IBM raised its 2010 profit target and reported a stronger-than-expected, 9 percent increase in fourth-quarter earnings, as cost cuts and a shift to more profitable contracts helped it weather a slump in corporate spending. IBM's share…

A narcotics control officer on Tuesday said Sima Ibrahim, Chief Executive Officer of Exopa Modelling Agency, who is being tried for drug-related offences allegedly told him about the mission. He said the decision of the accused person to…

Thailand, the World’s largest exporter of rice, is to support the Irrigation Company of Upper Region (ICOUR), to expand local rice production under the Tono and Vea Irrigation Schemes in the Region. Consequently, a four-man investment…

Donewell Life Company Limited (DLCL) is working to hit GH¢7.1 million target as an annual premium income earning by the end of 2010, Mr. Edmund Diamond Addo, Head of Operations of the company said on Tuesday. He said DLCL was to roll out…

The Yendi branch of the First National Savings and Loans Company Limited (NSLCL) has been inaugurated at Yendi in the Northern Region. In his inaugural address, the Yendi Municipal Chief Executive (MCE), Mr Walvis Hudu, said the current…

A revitalized Ghana Black Stars today beat a determined Burkina Faso team that was reduced to 10 men by one goal to nil to advance to the quarter-finals of the Orange African Nations Cup tournament in Angola. The goal was scored in the…