Commodity-related sectors led European shares lower for a third straight session on Friday while the dollar was poised for a weekly losses as the “Trumpflation trade” lost momentum. World stocks have hit record highs, emerging markets have come back in favor and the dollar has climbed to a 14-year peak in recent weeks on the … Read more
Ride-sharing company Uber has said it will conduct an “urgent investigation” into claims of sexual harassment at the company. A blog post written by former Uber engineer Susan Fowler detailed a litany of instances during her time at the firm. “What she describes is abhorrent and against everything Uber stands for and believes in,” Uber … Read more
Ride-sharing company Uber has said it will conduct an “urgent investigation” into claims of sexual harassment at the company. A blog post written by former Uber engineer Susan Fowler detailed a litany of instances during her time at the firm. “What she describes is abhorrent and against everything Uber stands for and believes in,” Uber … Read more
President Donald Trump has said he has “no doubt” his administration will win legal challenges to his travel ban. But he told reporters on Air Force One he is considering a “brand new order” as his old one flounders in the courts. The action barred entry from refugees and citizens from seven mainly Muslim countries, … Read more
A former Vice-Chairman of the New Patriotic Party (NPP), USA branch, Fred Kyei Asamoah, has been appointed the new Executive Director of the Council for Technical and Vocational Education and Training (COTVET) by the President, Nana Addo Dankwa Akufo-Addo. His appointment takes effect Monday, February 6, 2017. Mr. Asamoah is a pharmaceutical expect with experience … Read more
Oscars organisers have said it is “extremely troubling” that the makers of an Iranian film nominated for an Academy Award may be barred from entering the US. The Salesman, from director Asghar Farhadi, is nominated for best foreign-language film. Lead actress Taraneh Alidoosti has said she will boycott the ceremony. This year’s Academy Awards take … Read more
Oscars organisers have said it is “extremely troubling” that the makers of an Iranian film nominated for an Academy Award may be barred from entering the US. The Salesman, from director Asghar Farhadi, is nominated for best foreign-language film. Lead actress Taraneh Alidoosti has said she will boycott the ceremony. This year’s Academy Awards take … Read more
1. Dollar slump: The U. S. dollar is losing ground against major currencies in the wake of President Donald Trump’s inauguration. “President Trump’s inaugural address has been interpreted as a retreat from America’s global leadership role,” said Paul Donovan, global chief economist at UBS Wealth Management. “The vehemence in his address is causing markets to … Read more
35-year-old Xabi Alonso has finally called time on a career as illustrious as his own facial hair, and will hang up his boots at the end of the current season with Bundesliga front-runners Bayern. The fifth-most capped player in Spain’s footballing history and first player to reach 1,000 Premier League passes in a season is … Read more
Peabody Energy Corp said on Thursday the deadline for creditors to join financing deals aimed at bringing the largest U. S. coal miner out of bankruptcy had been extended after large investors sued to slow the process. Last week, Peabody unveiled its plan to eliminate more than $5 billion of debt and raise capital from … Read more
Stanbic Bank Ghana, has launched its wealth investment management unit to provide personalised solutions and investment prospects to Ghana’s High-Net-Worth Individuals (HNWI). Mr. Benjamin Mensah, Head, Wealth and Investment Unit of Stanbic Bank, said the unit would provide clients with investment advice related to local opportunities. He said Ghana’s middle class is growing and there … Read more
Standard Bank Wealth and Investment has been named Africa’s Most Outstanding Private Bank for the second year running by Private Banker International. Private Banker International is a leading journal for the global wealth industry. The award was announced at the 26th Private Banker International Global Wealth Summit and Awards, held in Singapore on 14 October. … Read more
Supporters of Congolese President Joseph Kabila carry his portrait photographs during a rally Shortly after Congo President Joseph Kabila came to power in 2001, the U. S. embassy in Kinshasa sent cables to Washington exuding quiet confidence in the 29-year-old who had replaced his recently assassinated father, Laurent. In one, released later by Wikileaks, the … Read more
By Yaw DK Osseo-Asare There was a moment when I was thirteen-years-old. We had just departed Ghana, having stayed in a bungalow on the epic campus of the Kwame Nkrumah University of Science and Technology in Kumasi, a lush tree-filled landscape populated by early masterworks of African tropical modernism: an architectural style of concrete near-brutalist … Read more
The world’s biggest investment banks saw combined revenues sink by 15 per cent in the first half of this year, the most since the aftermath of the financial crisis, underlining the urgency of taking radical measures to boost returns to shareholders. The second quarter saw more activity than the first, where there were simultaneous falls … Read more
While old electronics pile up and turn Accra’s neighborhood Agbogbloshie into the most polluted place on earth, international agreements trying to stop the transportation of electronic waste (E-waste) to developing countries fail. Reason to worry? “No”, is the firm response of Rafa Font, founder of Recyhub, and DK Osseo-Asare, co-founder of the Agbogbloshie Makerspace Platform … Read more