BMW said it is investing 1 billion euros ($1.17 bln) in a new car factory in eastern Hungary, a project that could contribute to the country’s growth and strengthen its position as a center for premium car manufacturing in the … Read the rest
Samsung Electronics Co Ltd posted its slowest quarterly profit growth in more than a year on Tuesday as its Galaxy S9 device missed sales targets and competition heated up, casting doubt on its leadership of the smartphone market.
The Apple … Read the rest
The Universal Merchant Bank (UMB) says it successfully collaborated with the Ghana Police Service to cause the arrest of an unscrupulous syndicate that attempted to attack the bank’s infrastructure last week.
“UMB wishes to state that due to the significant … Read the rest
Fifteen out of the 32 banks are now in line to recapitalise to GH¢400 million by December this year.
The fate of the remaining 17 is still unknown, barely six months to the end of the deadline for banks to … Read the rest
A last-minute decision by the Ministry of Trade and Industry (MoTI) to rescind its directive to all foreigners in the domestic retail business to leave the local market before July 27, this year has been met with stiff resistance from … Read the rest