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Africa/International
BP still key supplier to Pentagon
Despite its role in the Gulf of Mexico oil spill, energy giant BP remains a key supplier of fuel to the Pentagon, The Washington Post reported.
Citing data from the Defense Logistics Agency, the newspaper said BP had contracts with the US…
UK public sector said to be at risk of economic crimes
Public sector bodies face a growing risk of economic crime and fraud as spending cuts start to bite, new research showed.
Job losses and the fear of redundancy are the main factors behind the looming threat, according to a survey by…
Half of Greeks against pension reforms – Study
Half of all Greeks oppose pension reforms that parliament is set to approve this week, but almost as many say the cuts are necessary, according to a newspaper poll published on Sunday.
A total of 19 percent said the reforms would be…
Toyota in more trouble, recalls about 92,000 cars in Japan
Toyota started recalling more than 90,000 luxury Lexus and Crown vehicles Monday in Japan over defective engines — the latest setback for the automaker beset with quality problems.
Toyota Motor Corp. spokesman Paul Nolasco said recalls in…
World Bank gives Africa $11.5b financial support in 2010
The World Bank has committed a total of $11.5 billion to Africa in the fiscal year 2010. That is from July 1, 2009 to June 30, 2010
In a press release copied to ghanabusinessnews.com the Bretton Woods Institution said the Bank committed…
India’s Bharti to invest $100m in Niger
India's Bharti Airtel Ltd will invest about $100 million in Niger to improve the reach and quality of its network in the West African nation by the end of 2012, the mobile phone company said on Friday.
Bharti took over mobile operations in…
Kenyan MPs’ vote for big pay packet increase rejected
Kenyan Finance Minister Uhuru Kenyatta criticised parliamentarians for awarding themselves pay rises of up to 25 percent, newspapers reported on Saturday, but analysts said he had little power to resist them.
MPs voted this week to raise…
Newspapers across the world look for ways to profit in Internet age
Newspapers worldwide are being forced to reinvent themselves for the Internet age -- and will be watching closely the success of two experiments launched in London, analysts say.
Suffering a long-term fall in sales and a collapse in…
US stocks fall following job reports
A disappointing jobs report sent stocks falling Friday and gave the Dow Jones industrial average its longest losing streak since the worst days of the financial crisis.
The Dow dropped 46 points Friday for its seventh straight loss and its…
IMF agrees to give $14.9b loan to Ukraine
An International Monetary Fund mission said on Saturday it had agreed to recommend a loan of $14.9 billion for Ukraine in a deal to help fill the country's budget gap and boost investor confidence.
The deal commits the ex-Soviet republic…