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Japan Airlines, a once-venerable flag carrier now crippled by massive debts, was expected to file for bankruptcy protection Tuesday in one of the country's biggest corporate failures in decades. Asia's biggest airline is set to keep flying…

U.S.-based Kraft Foods Inc and Britain's Cadbury Plc are close to sealing a friendly deal to create the world's largest confectionery group for up to 11.7 billion pounds ($19 billion), sources familiar with the matter said on Monday.…

The Orange Revolution of 2004 was supposed to usher in new hope for Ukraine. But at the start of 2010, investors are paying more to insure Ukraine's debt over one year than for any other country, even though default seems virtually…

Researchers have found in Afghanistan the first known breeding area of the large-billed reed warbler, which was dubbed in 2007 as "the world's least known bird species." Researchers for the Wildlife Conservation Society and Sweden's…

The management of ProCredit, a microfinance company, on Monday opened a Small and Medium Scale Enterprises (SMEs) Clients’ Business Centre to provide specialized solutions to the demands of players within the sector. The Centre, being…

Mr Samuel Sarpong, Kumasi Metropolitan Chief Executive, has announced the Assembly’s decision to sponsor the training of five teachers in Information Communication Technology (ICT) in Israel. This followed the selection of 18 Junior and…

The Bank of Ghana has made a donation of GH¢5,000 to Lepers Aid Committee, the central bank has said in a press statement copied to ghanabusinessnews.com. The amount will go to support the inmates of the Weija Leprosarium. The…

The Ajumako-Enyan-Essiam District is currently negotiating with some Chinese investors to establish a permanent oil market to purchase palm oil produced in the District. This follows the reactivation of the Onwane Oil Palm factory which…

The business environment in Ghana is expected to be stable in 2010, a report by a research firm, Companies and Markets has said. The first quarter report on Ghana says the economy will be stable and there will be GDP growth based on some…

The Chairman of Ghana’s Electoral Commission, Dr. Kwadwo Afari-Gyan has been appointed to head a 10-member committee of experts to advice Nigeria on elections. A Nigerian publication, ThisDay reports that the Federal Government of…