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The government Thursday announced an upward adjustment of the producer price of cocoa from GH¢2, 208 per tonne to GH¢2,400 per tonne for the 2009/2010 season. This figure translates into GH¢150 per bag of 64 kilogramme weight as compared…

Sir Richard Branson's Virgin Money has launched its assault on the UK retail banking market after agreeing a deal to buy regional bank Church House Trust. Virgin, which will use the bank to offer savings and mortgages products to customers…

Zimbabwe's government on Thursday halted the sale of diamonds from its controversial Marange fields, saying the process would only go ahead under international supervision. State media had earlier quoted the chairman of a joint venture…

Oil edged lower on Friday, extending losses made the previous day on worries about tighter Chinese monetary policy, with traders eyeing U.S. jobs data due later for the next clue on economic growth and potential oil demand. The U.S.…

The 23-year-old Nigerian man who attempted to bomb a US airliner with an improvised explosive strapped to his underwear is appearing in a US court today Friday January 8, 2010 charged with terror offences. The man, Umar Farouk…

President Barack Obama declared Thursday "the buck stops with me" for the nation's security, taking responsibility for failures that led to the near-disastrous Christmas attack on a Detroit-bound airliner and vowing the problems would be…

A Swiss court has slapped a wealthy speeder with a chalet-sized fine — a full $290,000. Judges at the cantonal court in St. Gallen, in eastern Switzerland, based the record-breaking fine on the speeder's estimated wealth of over $20…

Greenpeace, the international environmental group continues to press IT companies to remove toxic substances from their products. A report by the online news source computerweekly.com quotes the Greenpeace as saying technology companies…

Swedish authorities are investigating allegations of coercion, which he denies, in his encounters with two women. His website's release of U.S. diplomatic cables has embarrassed governments worldwide. Julian Assange, founder of the…

Ghana would make an additional $50 million every year from in-bound international calls if the country establishes a telephone clearing house that monitors all in-bound international calls. The telecom companies will also make additional…