Daily Archives: July 4, 2012

Google Offers Eyeglass Computers By 2014

GOOGLE INC., owner of the world’s most popular search engine, will sell eyeglass-embedded computers to consumers by 2014 after incorporating feedback from developers, said Sergey Brin, the company’s co-founder. Project Glass test devices with software and cameras, to give quick … Continue reading

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Internet Fibre for Ghana, Togo, Burkina Faso Completed

Vodafone Wholesale has completed an internet interconnectivity project which connects fiber cable from Bolgatanga through Bawku to Cinkasse in the Northern Togo, states Vodafone. The Bolgatanga – Cinkasse International Fibre Connectivity Project – the first of its kind – is … Continue reading

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Apple Settles China iPad Dispute

A Chinese provincial court said in a statement on Monday that Apple had settled a lawsuit by paying $60 million into a court-approved bank account for the legal rights to use the iPad trademark in China. “It was done last … Continue reading

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Dell To Buy Quest Software For $2.4bn

Dell announced on Monday that it would buy Quest Software for $2.4 billion, as it looked to expand beyond its main business of selling personal computers. Under the terms of the deal, Dell will pay $28 a share for Quest, … Continue reading

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Barclays Chairman Resigns

Marcus Agius, chairman of Barclays, resigned on Monday, less than a week after the big British bank agreed to pay $450 million to settle accusations that it had tried to manipulate key interest rates to benefit its own bottom line. … Continue reading

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Chinese Stocks Advance on Home Prices

Most Chinese stocks rose after the nation’s home prices advanced for the first time in 10 months and manufacturing indicators beat forecasts. Poly Real Estate Group Co., the nation’s second-biggest property developer, surged 2.3 percent as data showed home prices … Continue reading

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U.S. Manufacturing Grows Slowest

Manufacturing probably expanded in June at the slowest pace in eight months, indicating the industry may provide less support for the U.S. expansion, economists said before a report today. The Institute for Supply Management’s factory index fell to 52 from … Continue reading

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Europe’s Unemployment Rises

Spain’s unemployment rate, the highest in the European Union, increased to 24.6 percent in May Euro-area unemployment reached the highest on record as a deepening economic slump and budget cuts prompted companies from Spain to Italy to reduce their workforces. … Continue reading

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City Investments Company At A Glance

City Investments Company (CIC) Limited is a licensed non-bank financial institution founded in 1995 by a team of pacesetting financial experts and professional money managers. It is a proud member of the Vanguard Group of companies which includes Vanguard Assurance, … Continue reading

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‘BoG Must Explain 9% Reserves Policy’

Dr Joe Abbey, Executive Director of the Center for Policy Analysis (CEPA), has called for clarification from the Bank of Ghana (BoG) on its recent directive to commercial banks to keep a mandatory 9 percent of their total domestic and … Continue reading

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