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South African Standard Bank hopes to open for business in Angola by mid-year when it will be interested in any sector consolidation and set to act as a link between the country's resources and China and Russia. Warming relations between…

U.S. President Barack Obama unveiled a $2.3 billion tax credit on Friday to boost jobs by promoting clean energy, as new data showed the country's unemployment rate remained stuck in the double digits. Obama said the credit, from funds…

His agenda altered by the Christmas bombing attempt, President Barack Obama pivoted back to the domestic economy on Friday, promoting new U.S. spending to create tens of thousands of clean-technology jobs. He outlined the initiative…

Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry inside its processors. Intel's new Core chips, unveiled at the International…

A federal judge entered a not guilty plea on Friday on behalf of Umar Farouk Abdulmutallab, the 23-year-old Nigerian accused in the attempted bombing of a Detroit-bound airplane that prompted a sweeping review of U.S. security procedures.…

Regulators shut Horizon Bank in Bellingham, Wash., on Friday, the first bank closing of 2010. The Federal Deposit Insurance Corp. said that Seattle-based Washington Federal Savings and Loan Association has agreed to take on the deposits of…

China has beaten Germany to become the world’s leading exporter according to latest figures released in Frankfurt. According to the figures, China exported $1,050 billion worth of merchandise in the 11 months of 2009 from January to…

MTN Ghana has become the first mobile phone service provider in Africa, Europe and the Middle East to successfully complete a call using Ericsson’s latest MSC-S Blade Cluster, information available to ghanabusinessnews.com from the global…

The Upper East Regional Minister, Mr. Mark Woyongo, has toured some dry season farms in the region to acquaint himself with on-going farming activities in the area. The region last year cultivated some food crops which agricultural experts…

Texas-based oil and gas exploration company, Kosmos Energy, which is also one of the stakeholders in Ghana’s largest oil field, the Jubilee oil field is being investigated for corruption by US and Ghanaian officials the Financial Times (FT)…