India’s financial crime agency will summon Flipkart and Amazon (AMZN.O), executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms’ sellers, a senior government source said. The planned action signals growing regulatory scrutiny of Walmart-owned (WMT.N), Flipkart and Amazon when their sales are rapidly growing in India’s $70 billion e-commerce … The post India

Lisbon will this week play host to Europe’s biggest annual tech conference, Web Summit, where industry leaders and lawmakers will weigh the pros and cons of Donald Trump’s return to the White House. Senior executives from firms such as Apple (AAPL.O), Microsoft (MSFT.O), and Meta (META.O), will join high-ranking officials from Europe for debates about the future of artificial intelligence, … The post Web

Bitcoin soared to a record high above $81,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as U.S. president and pro-crypto candidates to Congress. The world’s biggest and best-known cryptocurrency , has now more than doubled from the year’s low of $38,505 and was … The post Bitcoin

 President Nana Addo Dankwa Akufo Addo last Friday inaugurated Cardinal Namdini Limited in the Talensi District in the Upper East Region, taking Ghana a significant step towards solidifying its position as Africa’s leading gold producer. The occasion also marked the first pouring of gold and the official opening by the President with opera­tionalisation of Cardinal … The post Pres

 Cocoa farmers from across the country have hailed the new cocoa producer price announced by the government, describing it as unprecedented. According to the farmers, the gesture by the government was not only a commitment to devel­oping the cocoa sector, but also a move to improve their livelihoods. President Nana Addo Dankwa Akufo-Addo as part … The post  Farmers hail new cocoa producer price

 The Algerian boxer, Imane Khelif, one of two at the centre of the Summer Olympics boxing gender row, is reportedly looking to take legal action over the release of alleged medical reports in France claiming she has male XY chromosomes. The controversy first began when Khelif, and Taiwanese boxer Lin Yu-ting, were allowed to com­pete … The post Khelif to take legal action over leaked

Lionel Messi scored but Inter Miami suffered a shock first-round exit in the MLS Cup play-offs. Atlanta United triumphed 3-2 in the best-of-three decider in Fort Lauderdale, Florida, after both sides had won one game each. Miami finished the regular season with a record 74 points from 34 games in the Eastern Conference to win … The post Messi’s Inter Miami suffers shock MLS Cup exit appeared

Pep Guardiola is enduring the worst statistical run of his managerial career after Manchester City lost their fourth straight game on Saturday. Brighton came from behind to beat the English champions 2-1 in the Premier League to leave sec­ond-placed City five points behind leaders Liverpool. City hadn’t lost four games in a row in all … The post Guardiola loses 4 straight games for first

Mr Alan Kyerematen, presidential candidate for Movement for Change, has said he would mobilise farmers, to transform the country’s agri­culture sector, towards increased productivity and food security. He, therefore, announced that he would form Ghana United Farmers Association, as a power­ful network, to ensure large-scale mechanised farming, if elected president on December 7. Mr Kyerematen … The post Alan

 This year’s Farmers’ Day was marked across the districts to honour farm­ers, fishers at the local levels for their enormous contributions to the development of agriculture in the country. For their contributions in promoting food security of the country, the winners apart from certificates, were presented with prizes such as, freezers, tricycles, Polytanks, cutlasses, agro-chem­icals, … The post Farmers,

 Adjeman football team, a community club, last Monday beat Gormli football team 4-2 on penalties to become the champions of the second ‘Nye Awo Kpakpa’ (Good mother) Community football tournament  The winners received a trophy, undisclosed cash reward, footballs and gold medals while the second placed team took home undis­closed cash, silver medals and  footballs … The post Team

 A 20-year-old motor tricy­cle rider, Kofi Gideon, has been sentenced to six months in prison by the Bibiani District Court for causing the death of a two-year-old boy in an accident. In addition to the prison sen­tence, the court, presided by Mr Lord Delvin Essandoh, ordered Gideon to pay GH? 6, 000 as compensation to … The post ‘Aboboyaa’ rider jailed 6 months

Bain Capital-backed Kioxia filed a registration statement on Friday which will allow the Japanese chipmaker to sound out investors for an initial public offering. Kioxia’s filings indicate it aims to conduct an IPO some time from December through June 2025. The chipmaker is targeting December, two people familiar with the matter said. Bain scrapped plans … The post Kioxia

French generative AI startup LightOn launched an initial public offering (IPO) on the Euronext Growth market in Paris on Friday, with a listing expected later in November. WHY IT’S IMPORTANT LightOn, which provides large language model (LLM) software to businesses and the French government, would become the first GenAI startup to be listed in Europe. … The post LightOn

Semiconductor Manufacturing International Corp (0981.HK) , China’s largest chipmaker, warned on Friday that overcapacity in mature node chips will persist through 2025 and that it was turning cautious on building new capacity. The global semiconductor industry has struggled to recover since late 2022, when pandemic-driven shortages turned into oversupply, with many end users, including automakers, still working … The post SMIC

Sony (6758.T), reported on Friday a 73% rise in group operating profit in the July-September quarter, buoyed by strong sales in its game and network business. Sony, whose businesses includes music, movies, games and chips, maintained its profit forecast of 1.31 trillion yen ($8.51 billion) for the current year to March, largely in line with the 1.34 … The post Sony posts 73% jump in Q2

 Three Ghanaian-owned companies on Wednesday emerged as winners of the Ghana National Kaizen Awards 2024 for their excellence in opera­tional efficiency and innovation. KAIZEN is a Japanese philos­ophy and methods of quality and productivity which are key for Japanese industrial development and applied techniques. The awardees included Solution Oasis Limited, Yedent Agro Group of Companies, … The post 3

The Coordinator of the Affirmative Ac­tion Bill Coalition, Ms Becky Ahadzi, has asked the elec­torate to vote for more women aspirants in the 2024 polls to help in decision making of the country. “There is the need for more women in parliament to ensure the passage of gender responsive laws and policies,” she indicated. She … The post Vote for more women – Affirmative Action Coalition

The Electoral Commis­sion (EC) on Wednesday presented soft copies of the final certified voters register for the December 7 general election to all political parties and independent candidates contesting in the polls. This is in accordance with sub-regulation four of the Consti­tutional Instrument (C.1) 91. The register, which contains the valid voters register, the exceptions … The post EC

The President, Nana Addo Dank­wa Akufo-Ad­do, has accused the presidential candidate of the National Democratic Congress (NDC), John Dramani Mahama, of lacking the courage and con­viction to champion the transfor­mation of the country. Rather, he explained that, the former President had demonstrat­ed his level of indecision as he changes his decision with the tide. He, … The post John