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Puma reports surging first quarter profit

German sportswear firm Puma SE (PMMAF.PK) reported Wednesday that its first-quarter net earnings increased significantly to 109.2 million euros (131.8 million dollars) from 36.2...

Hyundai Motor Q1 profit surges on strong sales volume

Hyundai Motor Co., Ltd. (HYMLF.OB, HYMTF.OB) reported Thursday that its first-quarter net profit including non-controlling interest increased 175.4 per cent to 1.52 trillion Korean...

Ericsson sees first quarter profits climb, sales flat

Swedish telecom equipment maker Ericsson (ERIC) reported on Wednesday that first quarter net income climbed 39 per cent to 3.2 billion Swedish kronor (379.1...
European Commission

EU executive wants a quarter of all farmland to be organic by 2030

dpa - The European Commission wants to see the proportion of EU agricultural land dedicated to organic production increase from 8.5 in 2019...

Philippine economy shrinks for third straight quarter amid Covid

The Philippine economy contracted for the third straight quarter this year, the first time in 35 years, the government said Tuesday. Gross domestic product (GDP)...

Italy’s GDP drops 12.8 percent in quarter

Italy's gross domestic product (GDP) dropped by 12.8 percent in the second quarter of 2020 compared to the previous quarter, the National Institute...
mobile payments

COVID-19 regulations drive up mobile phone usage in quarter in Uganda

COVID-19 lockdown regulations have pushed up mobile telephone usage in Uganda, a new report by the country's communications regulator has shown. ...
Nana Akufo-Addo and?Gloria Akufo

Gloria Akuffo Demands for More Staff At The Attorney General’s Office

Ms Gloria Akufo Attorney General and Minister for Justice says though the ministry needed around 600 state attorneys for effective justice delivery, only a...
water shortage

Nearly a quarter of Ghana’s population lacks good drinking water

Close to a quarter of Ghana's population lacks access to good drinking water, international charity, Water Aid, disclosed here on Thursday. In its State of...
Nigerian Economy

Nigerian Economy Registers 1.4 Percent Growth

Nigeria’s economic growth accelerated in the third quarter as oil output increased, said the National Bureau of Statistics on Monday. Oil production increased to 2.03...

Political insecurity has resulted in M&A deals drop

Baker McKenzie’s latest quarterly Cross-border M&A Index shows that there were 17 inbound M&A deals in Africa in the second quarter (Q2) of 2017....

Cape Coast: High Rate of Rent Cases Reported

64 rent related cases were reported at the regional rent control department in Cape Coast within the 1 quarter of this year. Most of the...

Kosmos Energy Reports Loss of $28.8m in 2017 1st Quarter

For the first quarter of 2017, Kosmos Energy generated a net loss of $28.8 million, or $0.07 per diluted share as compared to net loss of $59.0 million or $0.15 per diluted share in...

First Quarter Oil Production Pegged At 132,500 Barrels

GROSS sales volumes of crude oil in the first quarter of 2017 averaged approximately 132,500 barrels of oil per day (bopd). This comprises 82,500 bopd...
National Commission for Civic Education (NCCE)

Tema NCCE Ends First Quarter Without Funds

The Tema Metropolitan Office of the National Commission for Civic Education (NCCE) is yet to receive its allocated funds for the first quarter of...

GRA Customs 2017 1st Quarter Made GH¢2.7 billion

The Customs division of the Ghana Revenue Authority (GRA) has raked in an estimated 2.7 billion cedis for the first quarter of 2017, Finance...

FDI Down By More Than 80% in 2016 Third Quarter

Foreign Direct Investments decreased by 83.33 percent for the third quarter of 2016, figures from the Ghana Investment Promotion Centre (GIPC) has shown.The FDIs dropped...

Apple to Cut Down Production on iPhone 1st Quarter of 2017

Apple will trim production of iPhones by about 10 percent in the January-March quarter of 2017, the Nikkei financial daily reported on Thursday,...

2016 4th Quarter GDP Beckons to 4%

Ghana’s provisional GDP (including oil) for the 3rd quarter of 2016, grew by 4 percent compared to 3.5 percent in the same period of...
Goldstar Air

GoldStar Air to Begin Operations With GCAA License in 2017

GoldStar Air is likely to commence operations by April 2017, barring any last minute hitch.This comes on the back of the granting of an...

Big 3rd quarter rallies Liaoning past Shenzhen

 Liaoning's center Han Dejun (right) records 22 points and 12 rebounds in the game. Thanks to dominant third-quarter performance, last season's runner-up Liaoning came back...

Ghana’s economy records decline

GSS statistician Philomena Nyarko said the value of the economy, with oil included, was 38.16 billion Ghana cedis (9.62 billion U.S. dollars), compared with...

2016 Q1 GDP for Ghana went up 4.9 percent

Without oil the Gross Domestic Product (GDP) grew by 6.6 percent over the 4.6 percent recorded for Q1, 2015.   The Quarter-on-quarter growth for the period...
General Motors has recalled 13 million vehicles this year

Russia seeks to export quarter of vehicles by 2020

The new automobile industry development strategy will be approved by the year's end, said Minister of Industry Denis Manturov quoted by the Russian news...
Non Traditional Exports

Japan Exports Fell 0.8 % In Two Quarters

The reading was above the 1.5-per-cent contraction predicted in a poll of economists by the Nikkei business daily and revised up from an initial...
Wpid Money Growth

US recorded an increase in growth during 2015 last quarter

The US economy grew at an annualized pace of one per cent in the quarter, compared with an initial estimate of 0.7 per cent. Most...
Cancer cells under a microscope

Eurostat says one in four deaths is cancer related

In addition, fatal cancer represented more than a third of all deaths for the EU population aged less than 65, while this level was...

Thomas Partey’s Atletico Madrid Reaches Quarter Finals of Copa Del Rey

Thomas Partey in action for Atletico Madrid against Rayo Highly-rated Ghanaian youth midfielder Thomas Partey played full throttle for Spanish giants Atletico Madrid as...

Cameroon’s crude oil, natural gas production up in 3rd quarter

The data further indicated that the country produced 3.079 billion cubic feet of natural gas in the third quarter of 2015, representing an increase...

AGI Says 2015 3rd Quarter Business Confidence is Encouraging

Business confidence for the third quarter of 2015 has seen a significant increase. It crossed the average indicator point of 100 bases point since the...