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Ashie-Moore disputes report on alleged theft of businessman’s belongings
business

Ashie-Moore disputes report on alleged theft of businessman’s belongings

The Greater Accra Regional Chairman of the National Democratic Congress (NDC), Emmanuel Nii Ashie-Moore, has rejected reports that the Attorney-General’s Department has recommended his prosecution for alleged stealing of a Singaporean businessman’s personal belongings. In a statement issued on October 23, Mr Ashie-Moore described the report as inaccurate, misleading and calculated to damage his reputation, particularly ahead of the NDC’s forthcoming internal elections.

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Trump lifts some Canada tariffs ahead of midterms
business

Trump lifts some Canada tariffs ahead of midterms

The change could help Senator Susan Collins, who faces a strong challenge from a Democrat in the US-Canada border state of Maine, which has been hit hard by Trump’s trade war. Previous Trump levies on autos, steel, aluminum and lumber have hit Canada hard, forcing job losses and stunting growth.

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Trump eases Canada tariffs ahead of US midterms
business

Trump eases Canada tariffs ahead of US midterms

The move comes as Trump's Republican Party scrambles to maintain control of the US Congress, with a Republican candidate in a key Senate race saying she had lobbied to lift the tariffs on Canadian products.

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Oil Hits $116 With Stocks Mixed On Earnings, AI
business

Oil Hits $116 With Stocks Mixed On Earnings, AI

Key Figures At Around 1530 GMT Brent North Sea crude: UP 2.9 percent at $116.40 per barrel West Texas Intermediate: UP 2.7 percent at $102.15 per barrel New York – Dow: DOWN 0.9 percent at 52,386.60 points New York – S&P 500: DOWN 0.1 percent at 7,654.96 New York – Nasdaq Composite: UP 0.2 percent at 26,072.47 London – FTSE 100: DOWN 0.3 percent at 10,690.36 Paris – CAC 40: DOWN 0.4 percent at 7,782.82 Frankfurt – DAX: DOWN 0.8 percent at 25,181.65 Tokyo – Nikkei 225: DOWN 0.3 percent at 62,693.16 (close) Hong Kong – Hang Seng Index: UP 0.7 percent at 23,093.37 (close) Shanghai – Composite:…

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Crude oil rises to $115 with stocks mixed on earnings, AI
business

Crude oil rises to $115 with stocks mixed on earnings, AI

Global markets were contending “with concerns around surging oil prices and the sustainability of AI spending”, noted AJ Bell head of financial analysis Danni Hewson. – Key figures at around 1330 GMT – Brent North Sea crude: UP 1.9 percent at $115.29 per barrel West Texas Intermediate: UP 2.3 percent at $101.76 per barrel New York – Dow: DOWN 1.0 percent at 52,362.08 points New York – S&P 500: DOWN 0.5 percent at 7,628.15 New York – Nasdaq Composite: DOWN 0.4 percent at 25,914.05 London – FTSE 100: DOWN 0.6 percent at 10,666.06 Paris – CAC 40: DOWN 0.9 percent at 7,739.94 Frankfurt – DAX:…

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Global Media Alliance and Japan Motors support Ghana Blind Union with 60 white canes
business

Global Media Alliance and Japan Motors support Ghana Blind Union with 60 white canes

Global Media Alliance (GMA) and Japan Motors have donated 60 white canes to the Ghana Blind Union (GBU) to support the welfare and mobility of persons living with visual impairment. Over the years, the Corporate Run, organised by Global Media Alliance in partnership with Japan Motors, has evolved beyond a corporate fitness event into a platform that combines wellness with social impact.

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Five key tax talking points before next week’s budget
business

Five key tax talking points before next week’s budget

As the chancellor prepares for 28 October, we unpack the facts and figures – and the implications any changes could mean for you As John Healey prepares his first budget as chancellor, tax is the small word that is likely to cast a large shadow over next week’s big fiscal announcement. In its election manifesto, Labour promised not to increase the “big three”: income tax, national insurance and VAT.

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AG recommends prosecution of NDC’s Ashie Moore for alleged theft of a Singaporean businessman’s property
business

AG recommends prosecution of NDC’s Ashie Moore for alleged theft of a Singaporean businessman’s property

The Office of the Attorney-General has recommended that the Greater Accra Regional Chairman of the National Democratic Congress (NDC), Emmanuel Nii Ashie-Moore, be charged with stealing, following allegations that he removed a Singaporean businessman’s luggage and personal belongings while the businessman was in police custody. Background to the US$800,000 ECG contract allegations The case is linked to allegations by Singaporean businessman Toh You Kang, who accused Mr Ashie-Moore of taking US$800,000 in connection with purported contracts with the Electricity Company of Ghana (ECG) for the…

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MOMO FinTech Lab backs young innovators in northern Ghana
business

MOMO FinTech Lab backs young innovators in northern Ghana

Young innovators in northern Ghana are getting an opportunity to turn ideas into technology-driven solutions to local challenges, as MOMO FinTech steps up efforts to nurture talent beyond Accra and develop the next generation of financial technology entrepreneurs. Speaking to the media after the hackathon in Tamale, the Chief Executive Officer of MOMO FinTech, Shaibu Haruna, said the initiative was introduced after the company observed that FinTech businesses were largely concentrated in Accra, despite the availability of talented young people across the country.

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More than third of post offices in TG Jones stores to shut by early 2027
business

More than third of post offices in TG Jones stores to shut by early 2027

Closures within chain formerly under the WH Smith brand raise fears of high streets becoming ‘postal deserts’ Towns and even city centres face being left as “postal deserts” after it emerged that more than a third of post offices within the troubled TG Jones chain are closing. So far this year 36 branches within the high street chain formerly known as WH Smith have closed and a further 34 are set to close by early 2027, according to Post Office records analysed by the Guardian.

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Volvo Cars Faces Loss, To Cut 2,500 Jobs Worldwide
business

Volvo Cars Faces Loss, To Cut 2,500 Jobs Worldwide

Hampus Engellau, an analyst at Handelsbanken, told AFP that in addition to tough markets, Volvo Cars was also suffering from problems of “its own making”. Volvo Cars said in September that Samuelsson would resign when his contract ends, with Skoda Auto CEO Klaus Zellmer set to replace him “no later” than October next year.

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Again, petrol price hike looms after crude hits $115
business

Again, petrol price hike looms after crude hits $115

The sharp rise in international crude oil prices could trigger another increase in petrol prices in Nigeria, with Brent crude climbing to $115.18 per barrel on Friday amid growing fears of renewed military strikes on Iran and further disruptions to global oil supplies. The latest rally in crude prices comes as Dangote Petroleum Refinery and

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Oil little changed as supply concerns linger amid Houthi attacks on Saudi Arabia
business

Oil little changed as supply concerns linger amid Houthi attacks on Saudi Arabia

Oil prices were little changed in early Asian trading on Friday, after rising 4% to a five-month high in the previous session due ​to concerns of further energy supply disruption after Houthi attacks ‌on top exporter Saudi Arabia. In Libya, an oil pipeline valve from the Hamada and Tahara oilfields to Zawiya port has been shut, reducing production at both fields, the head of the National Oil Corporation told Reuters on Thursday.

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