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Oil price ‘may have bottomed out’

Lower oil output in the US will help to stabilise oil prices this year, the IEA said There is evidence that oil prices are stabilising and could even begin to rise again, the International Energy Agency (IEA) has said. It said lower oil output in the US and other countries was helping to curb the glut in the supply of ...

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China economy: Slow output fuels global economic recovery fears

China’s industrial output has slowed to its weakest growth since the financial crisis, prompting concerns over the global recovery. Production rose by 5.4% in January and February – the worst since 2008. China is trying to refocus its economy from investment and export-led growth to consumer spending. UK finance minister George Osborne said China’s slowdown is one of a “dangerous ...

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Detectives uncover $10M drug ring after stopping UHaul in New York

Source:.foxnews.com/ NEW YORK – Detectives uncovered a $10 million Brooklyn drug operation that included liquefied pot used in e-cigarettes when they stopped a U-Haul truck stuffed with hundreds of pounds of marijuana hidden among furniture, police said Friday. Acting on a tip from federal investigators that a large shipment of drugs was headed from the West Coast to Brooklyn, officials ...

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Michelin to offer revolutionary truck tire inflation system

Source:.foxnews.com..(visit foxnews.com  to view a video clip of this story) Road gators could soon be on the endangered list. And that’s a good thing. They’re not animals, of course. They’re those bits of truck tires strewn across America’s highways. They’re often the tragic result of tires that weren’t operating at optimal air pressure, which is hard to maintain on a tractor trailer ...

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Anglogold Ashanti cedes off 60% of Obuasi concession to govt

Anglogold Ashanti has confirmed that the process to surrender 60 percent of its Obuasi Concession to government has been completed.The area which has been ceded covers about 273 square kilometers.There had been recent clashes between local miners and officials of the gold mining company over a mining concession.A communications director of AngloGold died when a company vehicle run over him ...

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Italian restaurant forced by ECG to ‘leave’ Ghana

Source: citifmonline.com An Italian restaurant and bakery operating in Ghana, Bread&Wine says it has been forced to close down because they cannot continue to pay the unreasonable amount of electricity bills from the Electricity Company of Ghana (ECG). The company which is located at Osu in Accra, said it will stop operations at the end of March because it cannot ...

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Alphabet – owner of Google – takes top spot from Apple

Alphabet- Google’s parent company- has surpassed Apple as the world’s most valuable company after its latest earnings report. The company made a profit of $4.9bn (£3.4bn) for the fourth quarter, an increase from $4.7bn a year ago. The announcement sent its share price up as much as 9% in after-hours trading. That means that Alphabet is now worth around $568bn, ...

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Stratcomm Africa CEO named among top women in PR

Source: Linda Mireku Accra – 27th January 2016- The Chief Executive Officer of Strategic Communications Africa Limited (Stratcomm Africa), Ms. Esther A.N. Cobbah, has been recognized in the second annual list of Top Women in PR by PRnews a US based communications organization. The Awards Luncheon was held at the Grand Hyatt Hotel in New York City on the 26th ...

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