The Accra regional Police Command has arrested 15 people suspected to have been variously involved in the shooting incident at Lapaz that led to the death of a policeman and caused injury to another. The suspects include six Nigerians, eight Ghanaians and a 27-year-old female trader, Charity Otuboa. The Regional Police Commander, Deputy Commissioner of … Read more
Hyundai has signed a deal worth three billion euros ($3.2 billion) to invest in a major Iranian oil project, the South Korean firm confirmed on Monday. Hyundai Engineering plans to invest 3.1 billion euros in the second phase of the Kangan oil production and refinery project in southwest Iran, it said in a statement. The … Read more
Headed for a fourth straight annual profit decline, Hyundai Motor (005380. KS) is trimming its cost fat; scaling back on business class flights and annual family home trips for overseas employees, executives told Reuters. The South Korean automaker has been hit by its exposure to weak emerging markets, and a product line-up that features more … Read more