Ghana Armed Forces bid for STX deal
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The Ghana Armed Forces have shown strong interest in taking over the botched STX housing deal, Citi Business News has learnt.
TEXT-Fitch:Ghana tax collection improves,spending must be contained
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(The following statement was released by the rating agency)
Jan 18 - The announcement by the Ghana Revenue Authority (GRA) that tax revenue for 2011 would be 15.4% higher than initially forecast is a positive sign that underscores the government's continued commitment to improving revenue collection by broadening the tax base and increasing compliance as well as modernising the collection system, Fitch Ratings says.
Kodak files for bankruptcy, secures $950 million lifeline
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(Reuters) - Eastman Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America's best-known companies.
In Bain deals, Romney gave stock to Mormon church
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(Reuters) - Using a practice that made him eligible for large tax deductions, Mitt Romney gave the Mormon church substantial stock holdings that he obtained through his private equity firm, according to documents filed with the government and to Romney associates.
eBay reports jump in its profits
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The internet auction site eBay has reported a big jump in its quarterly profits.
Net income for the last three months of 2011 came in at $1.98bn (£1.28bn), up from $559m in the same period last year.
