Sat04192014

Last update06:17:15 PM GMT

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Microsoft announces first African female country manager

M SOFT

Microsoft has announced the appointment of  as the company’s first country manager for Ghana.

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Google buys military robot-maker Boston Dynamics

gogool

Google has acquired the engineering company that developed Cheetah, the world's fastest-running robot and other animalistic mobile research machines.

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Tullow to increase production 2014

OIL Z

The Vice-President in charge of African Business of Tullow Oil Plc, Mr Tim O'Hanlon, has stated that the oil giant would increase its production in Ghana in the coming year.

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JP Morgan agrees $4.5bn mortgage settlement

JPMORGAN

US investment bank JP Morgan has agreed to pay $4.5bn (£2.8bn) to investors who lost money on mortgage-related securities during the financial crisis.

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Local company wins $11m suit against Vodafone

voda

International Rom Limited, a Ghanaian company, has won a garnishee order against Vodafone Ghana Limited for the telecommunication company’s failure to settle a judgement debt awarded against it last May.

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Vodafone half-year profits £1.5bn in 'tough' conditions

vodda

Vodafone has reported a half-year pre-tax profit of £1.5bn ($2.4bn) as it said trading in Europe remained "very tough at present".

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Eike Batista-owned OSX files for bankruptcy

BAST

A second company controlled by the Brazilian former billionaire Eike Batista has filed for bankruptcy protection.

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Twitter shares priced at $26 each

TWITTER

Twitter shares have been priced at $26 each, ahead of its debut on the New York Stock Exchange (NYSE) on Thursday.

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Time Warner's third-quarter profit rises on cable network strength

timer warner

Time Warner Inc on Wednesday posted higher third-quarter profit, beating Wall Street estimates on growth in advertising and subscription fees at its cable networks.

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Delta wins best North American airline at business traveler awards

Delta Air Lines

Delta Air Lines (NYSE: DAL) has been awarded the Best North American airline by the U.K. travel industry’s leading consumer travel magazine, Business Traveler.

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Enterprise Life scores hat-trick on Club 100

ENTER

The Executive Director of Enterprise Life, Mr C.C. Bruce (Jnr), has attributed the company's continued growth and status as the third best company in the country to strong urge to continue to improve its performance.

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Exclusive: JPMorgan settlement could cost bank closer to $9 billion

jp morgan

JPMorgan Chase & Co's preliminary $13 billion mortgage settlement with the U.S. government could end up costing the bank closer to $9 billion after taxes, because the majority of the deal is expected to be tax deductible, two sources familiar with the matter said.

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Etihad may buy 25-30 Boeing 777X, expand 787 order: sources

BOEING A

Abu Dhabi's Etihad Airways is negotiating a multibillion-dollar order for dozens of Boeing (BA.N) jets including at least 25 of the U.S. planemaker's revamped 777 mini-jumbo, two people familiar with the matter said on Monday.

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Apple ends Coca Cola's 13-year reign as world's most valuable brand

AP COKE

Apple has taken the top spot ahead of fellow tech giant Google and former number one Coca-Cola as the most valuable brand in the world, according to Interbrand's annual "Best Global Brands" report for 2013.

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Alibaba may list shares in New York

Alibaba

Hong Kong has seemingly lost the biggest IPO since Facebook. The loss, though, may do more to bolster Hong Kong's reputation in the longer term.

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JP Morgan pays $920m to regulators

jp morgan

US investment bank JP Morgan Chase & Co has agreed to pay regulators $920m (£572m) relating to a $6bn loss racked up over the "London Whale" trades.

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Star Assurance Awarded CIMG Insurance Company of the Year 2012

star A

Star Assurance Company has for the second time been adjudged the Insurance Company of the year 2012, by the Chartered Institute of Marketing Ghana (CIM).

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Apple's shares fall on emerging market concerns

APPLESS

Apple's shares fell more than 5% as investors worried that the firm's latest iPhone models may not help it increase its share in emerging markets.

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MTN, tiGO punished for poor service

mtn

The sanctions were in the form of a compensation package to affected subscribers, totalling over GH¢2 million.

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Three telcos suffer dip in subscriber base

TELCOS

The National Communications Authority (NCA)  said Airtel's mobile subscriber base fell from 3,118,935 in June to 3,117,543 in the month of July. This represents 11.44 per cent of the total market share.

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Nissan launches smartwatch for drivers

Nisaan

A smartwatch that monitors the performance of a vehicle as well as the driver has been launched by car manufacturer Nissan.

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