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Print - 2006-10-30
Korangi driving licence branch closed

Korangi driving licence branch closed

Inspector General of Police, Sindh, Jahangir Mirza has ordered closing down the Driving Licence Branch in Korangi, Karachi. He issued directives for closure of the Korangi branch after it was observed that there was a very low turnout of citizens seeking
Published 30 Oct, 2006 12:00am
Land for low-cost houses to be allocated in Karachi

Land for low-cost houses to be allocated in Karachi

The Government of Sindh is likely to allocate 200 acres of land for construction of low-cost houses in the city soon Sources said that the plots would be allotted to Association of Builders and Developers (Abad), which would be made responsible for planni
Published 30 Oct, 2006 12:00am
Cabinet panel meets today

Cabinet panel meets today

Prime Minister Shaukat Aziz has convened meeting of the Cabinet Committee on Privatisation here on Monday. Prime Minister Shaukat Aziz would chair the meeting, which would review privatisation process of different units. The Prime Minister would also pres
Published 30 Oct, 2006 12:00am
Gilani condemns assault on Yasin Malik

Gilani condemns assault on Yasin Malik

Senior Kashmiri Hurriyat leader, Syed Ali Gilani, has strongly denounced life-threatening attack on the Chairman of Jammu and Kashmir Liberation Front, Muhammad Yasin Malik, by the personnel of Special Task Force in occupied Srinagar, the other day.
Published 30 Oct, 2006 12:00am
Indian decision on shipping services hailed

Indian decision on shipping services hailed

Federal Minister for Ports and Shipping Babar Ghauri has welcomed the Indian decision of restoring cargo shipping services and termed it beneficial for Pak-India shipping industry as well as their businessmen.
Published 30 Oct, 2006 12:00am
Law ministry approves five projects worth Rs 31.65 million

Law ministry approves five projects worth Rs 31.65 million

The Ministry of Law, Justice and Human Rights has approved five projects worth Rs31.65 million to enhance capacity-building of law officials and initiating public awareness programmes to remove the public grievances.
Published 30 Oct, 2006 12:00am
Culture fesitival Interest shown in Pakistani items

Culture fesitival Interest shown in Pakistani items

A large number of people visited and highly appreciated the Pakistani culture, handicrafts and food items put on display at the International Culture Festival held here on Saturday.
Published 30 Oct, 2006 12:00am
Dr Khan's condition is stable: wife

Dr Khan's condition is stable: wife

The condition of nuclear scientist Abdul Qadeer Khan has stabilised after getting treatment for deep vein thrombosis, his wife said on Sunday. Henny Khan said on Saturday her husband's condition had deteriorated after he was diagnosed as suffering from de
Published 30 Oct, 2006 12:00am
Former NWFP governor passes away

Former NWFP governor passes away

Former Governor NWFP and central leader of Jamiat Ulema-e-Pakistan (JUP), K M Azhar breathed his last at Combined Military Hospital here on Sunday morning. He was 89. According to family sources, K M Azhar was admitted in CMH Lahore after brain haemorrhag
Published 30 Oct, 2006 12:00am
US investors group to visit Pakistan soon

US investors group to visit Pakistan soon

A US investors group would soon visit Pakistan for reviewing the investment opportunities available in the country. US investor Dr Thomas Kaplan had met President Pervez Musharraf during his visit to the US.
Published 30 Oct, 2006 12:00am
Fazl's help sought to curb insurgency in Afghanistan

Fazl's help sought to curb insurgency in Afghanistan

MMA Secretary General and Opposition Leader in the National Assembly Maulana Fazl-ur-Rehman has said that Afghan President Hamid Karzai had telephoned him and during talks he also sought his co-operation to control violence and insurgency in Afghanistan.
Published 30 Oct, 2006 12:00am
Grand education plan approved for Sialkot and Narowal

Grand education plan approved for Sialkot and Narowal

The Punjab government has approved a grand plan for the provision of advanced educational facilities in all the rural and urban areas of both neighbouring Sialkot and Narowal districts by spending billions of rupees on priority basis.
Published 30 Oct, 2006 12:00am
Prime Minister for durable moon sighting mechanism

Prime Minister for durable moon sighting mechanism

Prime Minister Shaukat Aziz on Sunday asked the Ministry of Religious Affairs to work out a durable mechanism for moon sighting, in consultation with Ulema, both in Pakistan and other Islamic countries so that the whole nation could unitedly celebrate the
Published 30 Oct, 2006 12:00am
Mass-wedding ceremony

Mass-wedding ceremony

Punjab Governor Lieutenant General Khalid Maqbool (Retd) has urged upon philanthropists to play their role towards the cause of needy in the country. He was speaking in a collective marriage ceremony of 50 couples from low-economic strata held here on Sun
Published 30 Oct, 2006 12:00am
Elahi grieved over loss of lives in mishap

Elahi grieved over loss of lives in mishap

Punjab chief minister Chaudhry Pervaiz Elahi has expressed deep sense of sorrow and grief over the loss of precious lives in collision of a passenger bus and an oil tanker near Hamzawali, Muzaffargarh. Upon learning the accident, the chief minister direct
Published 30 Oct, 2006 12:00am
Sukkur jail break attempt foiled

Sukkur jail break attempt foiled

Four prisoners of Central Prison-I Sukkur, who are facing trial in narcotic cases, dug a tunnel of about 30 feet from their cell to escape from the prison but their attempt failed due to a dutiful O.G. Warder Ghulam Rasool Channa who found their cell unlo
Published 30 Oct, 2006 12:00am
Sukkur jail break attempt foiled

Sukkur jail break attempt foiled

Four prisoners of Central Prison-I Sukkur, who are facing trial in narcotic cases, dug a tunnel of about 30 feet from their cell to escape from the prison but their attempt failed due to a dutiful O.G. Warder Ghulam Rasool Channa who found their cell unlo
Published 30 Oct, 2006 12:00am
CNIC to serve as 'Debit Card' also: Nadra

CNIC to serve as 'Debit Card' also: Nadra

Computerised National Identity Card (CNIC) is all set to serve as 'debit card' along with being the main source of identity. "The basic aim of preparing CNICs, particularly for women, is to ensure their maximum participation in the socio-economic mainstre
Published 30 Oct, 2006 12:00am
CNIC to serve as 'Debit Card' also: Nadra

CNIC to serve as 'Debit Card' also: Nadra

Computerised National Identity Card (CNIC) is all set to serve as 'debit card' along with being the main source of identity. "The basic aim of preparing CNICs, particularly for women, is to ensure their maximum participation in the socio-economic mainstre
Published 30 Oct, 2006 12:00am
''22.5 million tonnes wheat target achievable''

''22.5 million tonnes wheat target achievable''

The government has fixed 22.5 million tonnes wheat target for the current Rabi season, higher by more than 790,000 tonnes than the previous year''s production. Secretary, Food, Agriculture and Livestock Ismail Qureshi told to a local TV that the wheat sow
Published 30 Oct, 2006 12:00am
'22.5 million tonnes wheat target achievable'

'22.5 million tonnes wheat target achievable'

The government has fixed 22.5 million tonnes wheat target for the current Rabi season, higher by more than 790,000 tonnes than the previous year's production. Secretary, Food, Agriculture and Livestock Ismail Qureshi told to a local TV that the wheat sowi
Published 30 Oct, 2006 12:00am
'22.5 million tonnes wheat target achievable'

'22.5 million tonnes wheat target achievable'

The government has fixed 22.5 million tonnes wheat target for the current Rabi season, higher by more than 790,000 tonnes than the previous year's production. Secretary, Food, Agriculture and Livestock Ismail Qureshi told to a local TV that the wheat sowi
Published 30 Oct, 2006 12:00am
Export diversification yielding good results: Humayun

Export diversification yielding good results: Humayun

Commerce Minister Humayun Akhtar has said that the efforts to diversify exports, in terms of commodities and geographical destinations, have yielded very positive results. "Our dependence on few commodities is decreasing.
Published 30 Oct, 2006 12:00am
Satellite broadband IP hub now available

Satellite broadband IP hub now available

The country is now on the satellite broadband hub. The Comstar ISA Ltd, a leading Pakistani satellite service-provider, announced the completion of the installation, testing and commissioning phase of the Infosat 51F Hub in Karachi.
Published 30 Oct, 2006 12:00am
Faisalabad businessmen urged to invest in railways sector

Faisalabad businessmen urged to invest in railways sector

The Pakistan Railways is contemplating to start 14 new freight trains in the current year in addition to a number of fast passenger trains. Former Faisalabad Chamber of Commerce and Industry (FCCI) president and trustee of Faisalabad Dry Port Trust Mian M
Published 30 Oct, 2006 12:00am
Typhoon Cimaron crashes into northern Philippines

Typhoon Cimaron crashes into northern Philippines

The most powerful typhoon to hit the Philippines in eight years bore down on the northern island of Luzon on Sunday, slamming into coastal regions with high winds and heavy rain, officials and witnesses said.
Published 30 Oct, 2006 12:00am
One killed in vote clashes in north Congo

One killed in vote clashes in north Congo

One person was killed and another injured Sunday during a landmark presidential election in the Democratic Republic of Congo (DRC), police and UN officials in the north of the country said.
Published 30 Oct, 2006 12:00am
SNB's Hildebrand says Swiss franc a 'conundrum'

SNB's Hildebrand says Swiss franc a 'conundrum'

Swiss National Bank board member Philipp Hildebrand said the Swiss franc's development on currency markets was a "conundrum", while adding markets should not assume exchange rates would stay as stable as they had in recent years.
Published 30 Oct, 2006 12:00am
UN sees 'far more robust' global warming evidence

UN sees 'far more robust' global warming evidence

Scientific evidence that human activity is heating the Earth has become "far more robust" in the last five years, the head of the United Nations climate change panel said.
Published 30 Oct, 2006 12:00am
Bundesbank chief urges debt-laden Berlin to save

Bundesbank chief urges debt-laden Berlin to save

Bundesbank chief Axel Weber urged Berlin on Sunday to pursue a savings programme, after Germany's highest court earlier this month rejected an appeal by the city state for federal aid to alleviate its budget woes.
Published 30 Oct, 2006 12:00am
Around 70 militants killed in Afghanistan fighting

Around 70 militants killed in Afghanistan fighting

Afghan and Nato-led troops killed up to 70 insurgents in a battle involving attack helicopters and air support while an ISAF soldier was killed in a bomb blast, the force said on Sunday.
Published 30 Oct, 2006 12:00am
Around 70 militants killed in Afghanistan fighting

Around 70 militants killed in Afghanistan fighting

Afghan and Nato-led troops killed up to 70 insurgents in a battle involving attack helicopters and air support while an ISAF soldier was killed in a bomb blast, the force said on Sunday.
Published 30 Oct, 2006 12:00am
Dana Gas group to set up LNG terminal

Dana Gas group to set up LNG terminal

A consortium including Dana Gas has signed an agreement to develop a liquefied natural gas (LNG) terminal in Pakistan at an estimated cost of $200 million, the UAE company said on Sunday. A statement said that Dana Gas, Single Buoy Moorings (SBM), and US-
Published 30 Oct, 2006 12:00am
Dana Gas group to set up LNG terminal

Dana Gas group to set up LNG terminal

A consortium including Dana Gas has signed an agreement to develop a liquefied natural gas (LNG) terminal in Pakistan at an estimated cost of $200 million, the UAE company said on Sunday. A statement said that Dana Gas, Single Buoy Moorings (SBM), and US-
Published 30 Oct, 2006 12:00am
Dana Gas group to set up LNG terminal

Dana Gas group to set up LNG terminal

A consortium including Dana Gas has signed an agreement to develop a liquefied natural gas (LNG) terminal in Pakistan at an estimated cost of $200 million, the UAE company said on Sunday. A statement said that Dana Gas, Single Buoy Moorings (SBM), and US-
Published 30 Oct, 2006 12:00am
Four PIA Boeings-747 barred from service to EU countries

Four PIA Boeings-747 barred from service to EU countries

Four Boeing-747 planes of Pakistan International Airlines will be grounded on October 30 on the demand of civil aviation authorities of Britain and European Union, official sources said on Sunday. The last flight of PIA Boeing-747 plane would take off for
Published 30 Oct, 2006 12:00am
Four PIA Boeings-747 barred from service to EU countries

Four PIA Boeings-747 barred from service to EU countries

Four Boeing-747 planes of Pakistan International Airlines will be grounded on October 30 on the demand of civil aviation authorities of Britain and European Union, official sources said on Sunday. The last flight of PIA Boeing-747 plane would take off for
Published 30 Oct, 2006 12:00am
Four PIA Boeings-747 barred from service to EU countries

Four PIA Boeings-747 barred from service to EU countries

Four Boeing-747 planes of Pakistan International Airlines will be grounded on October 30 on the demand of civil aviation authorities of Britain and European Union, official sources said on Sunday. The last flight of PIA Boeing-747 plane would take off for
Published 30 Oct, 2006 12:00am
Refineries paid billions against ECC decision

Refineries paid billions against ECC decision

A subject study report on refund development surcharge on petroleum products has shown that the Petroleum Ministry had violated the Economic Co-ordination Committee''s (ECC) decision and the petroleum policy 1994 to unlawfully pay refund of billions of ru
Published 30 Oct, 2006 12:00am
Refineries paid billions against ECC decision

Refineries paid billions against ECC decision

A subject study report on refund development surcharge on petroleum products has shown that the Petroleum Ministry had violated the Economic Co-ordination Committee's (ECC) decision and the petroleum policy 1994 to unlawfully pay refund of billions of rup
Published 30 Oct, 2006 12:00am
Refineries paid billions against ECC decision

Refineries paid billions against ECC decision

A subject study report on refund development surcharge on petroleum products has shown that the Petroleum Ministry had violated the Economic Co-ordination Committee's (ECC) decision and the petroleum policy 1994 to unlawfully pay refund of billions of rup
Published 30 Oct, 2006 12:00am
THE RUPEE: 55 paisa loss against euro

THE RUPEE: 55 paisa loss against euro

The rupee moved both ways versus dollar and showed softness against euro last week as trading was carried out for two days only due to Eid-ul-Fitr holidays.
Published 30 Oct, 2006 12:00am
THE RUPEE: 55 paisa loss against euro

THE RUPEE: 55 paisa loss against euro

The rupee moved both ways versus dollar and showed softness against euro last week as trading was carried out for two days only due to Eid-ul-Fitr holidays.
Published 30 Oct, 2006 12:00am
Pakistan''s foreign exchange reserves up by $23.7 million

Pakistan''s foreign exchange reserves up by $23.7 million

Foreign exchange reserves rose by $23.7 million to $12,544.5 million in the week ending on October 21, the State Bank of Pakistan (SBP) said on Saturday. Reserves held by SBP rose to $10,315.4 million from $10,255.0 million a week earlier, while those hel
Published 30 Oct, 2006 12:00am
Pakistan's foreign exchange reserves up by $23.7 million

Pakistan's foreign exchange reserves up by $23.7 million

Foreign exchange reserves rose by $23.7 million to $12,544.5 million in the week ending on October 21, the State Bank of Pakistan (SBP) said on Saturday. Reserves held by SBP rose to $10,315.4 million from $10,255.0 million a week earlier, while those hel
Published 30 Oct, 2006 12:00am
Pakistan's foreign exchange reserves up by $23.7 million

Pakistan's foreign exchange reserves up by $23.7 million

Foreign exchange reserves rose by $23.7 million to $12,544.5 million in the week ending on October 21, the State Bank of Pakistan (SBP) said on Saturday. Reserves held by SBP rose to $10,315.4 million from $10,255.0 million a week earlier, while those hel
Published 30 Oct, 2006 12:00am
Delhi shops to down shutters in court order protest

Delhi shops to down shutters in court order protest

Shops across India's capital New Delhi will shut for three days this week to protest a court-order to close businesses operating illegally in residential areas, a retail lobby group said Sunday. The "shutdown called by trade bodies of Delhi has received w
Published 30 Oct, 2006 12:00am
20 die in bus and oil tanker crash

20 die in bus and oil tanker crash

At least 20 people were killed and 20 others injured on Sunday when a bus collided with an oil truck near here, police said. "Sixteen passengers were killed on the spot, while four others died in hospital," district police officer Rai Tahir told AFP.
Published 30 Oct, 2006 12:00am
The Weather

The Weather

The weather report on Sunday (October 29, 2006) and the forecast for Monday (October 30, 2006).
Published 30 Oct, 2006 12:00am
20 die in bus and oil tanker crash

20 die in bus and oil tanker crash

At least 20 people were killed and 20 others injured on Sunday when a bus collided with an oil truck near here, police said. "Sixteen passengers were killed on the spot, while four others died in hospital," district police officer Rai Tahir told AFP.
Published 30 Oct, 2006 12:00am
Swiss defence team arrives

Swiss defence team arrives

A 7-member Swiss defence delagation, led by Swiss Defence Minister, Samuel Schmid arrived here on Sunday on a two-day official visit. Senior Federal Minister and Minister of Defence Rao Sikandar Iqbal and senior defence officials received the delegation a
Published 30 Oct, 2006 12:00am
Swiss defence team arrives

Swiss defence team arrives

A 7-member Swiss defence delagation, led by Swiss Defence Minister, Samuel Schmid arrived here on Sunday on a two-day official visit. Senior Federal Minister and Minister of Defence Rao Sikandar Iqbal and senior defence officials received the delegation a
Published 30 Oct, 2006 12:00am
KKI weekly market review

KKI weekly market review

Khanani & Kalia International (Pvt) Limited Weekly Market Review on Sunday (October 29, 2006).
Published 30 Oct, 2006 12:00am
Over 100 feared killed in Nigeria air crash

Over 100 feared killed in Nigeria air crash

A Nigerian passenger jet crashed shortly after takeoff from the capital Abuja on Sunday, killing about 100 people including the leader of the nation's 70 million Muslims. An ADC Airlines official said 105 people were on board the Boeing 737 flight to the
Published 30 Oct, 2006 12:00am
Over 100 feared killed in Nigeria air crash

Over 100 feared killed in Nigeria air crash

A Nigerian passenger jet crashed shortly after takeoff from the capital Abuja on Sunday, killing about 100 people including the leader of the nation's 70 million Muslims. An ADC Airlines official said 105 people were on board the Boeing 737 flight to the
Published 30 Oct, 2006 12:00am
Comcast profit up

Comcast profit up

Comcast Corp, the nation's largest cable operator, on Thursday reported a better-than-expected rise in quarterly profit on record subscriber growth, sparking a jump in cable shares.
Published 30 Oct, 2006 12:00am
Nisar calls for twin islands work with consent of stakeholders

Nisar calls for twin islands work with consent of stakeholders

Chairman, Senate Standing Committee on Defence and Defence Productions Senator Nisar Memon on Sunday called for execution of the proposed Diamond City mega project to develop a modern city on the twin islands - Bundal and Dingi, with the consent of concer
Published 30 Oct, 2006 12:00am
Comcast profit up

Comcast profit up

Comcast Corp, the nation's largest cable operator, on Thursday reported a better-than-expected rise in quarterly profit on record subscriber growth, sparking a jump in cable shares.
Published 30 Oct, 2006 12:00am
Nisar calls for twin islands work with consent of stakeholders

Nisar calls for twin islands work with consent of stakeholders

Chairman, Senate Standing Committee on Defence and Defence Productions Senator Nisar Memon on Sunday called for execution of the proposed Diamond City mega project to develop a modern city on the twin islands - Bundal and Dingi, with the consent of concer
Published 30 Oct, 2006 12:00am
Shell Canada staffing seen shifting after buyout

Shell Canada staffing seen shifting after buyout

Shell Canada Ltd looks headed for big staffing changes after its Anglo-Dutch parent buys out minority shares, but that may not mean across-the-board layoffs, industry watchers said Friday.
Published 30 Oct, 2006 12:00am
Nisar calls for twin islands work with consent of stakeholders

Nisar calls for twin islands work with consent of stakeholders

Chairman, Senate Standing Committee on Defence and Defence Productions Senator Nisar Memon on Sunday called for execution of the proposed Diamond City mega project to develop a modern city on the twin islands - Bundal and Dingi, with the consent of concer
Published 30 Oct, 2006 12:00am
SAP wants to challenge Oracle for top spot

SAP wants to challenge Oracle for top spot

German software maker SAP wants to take on US challenger Oracle head-to-head and exceed its rival's market capitalisation soon, SAP's chief executive said in remarks published on Saturday.
Published 30 Oct, 2006 12:00am
Unemployment among youths rising: ILO

Unemployment among youths rising: ILO

A third of the 1.1 billion young people world-wide between the ages of 15 and 24 are unemployed or have a job bringing less than $2 a day, a report by the International Labour Organisation (ILO) said on Sunday.
Published 30 Oct, 2006 12:00am
Continental reaffirms 2006 targets

Continental reaffirms 2006 targets

German tyre and car parts maker Continental AG expects higher revenues and operating profit this year despite taking a hit from rising raw materials and energy prices, its chief executive reiterated in remarks published on Saturday.
Published 30 Oct, 2006 12:00am
Charles and Camilla arrive

Charles and Camilla arrive

Prince Charles and his wife Camilla arrived in Pakistan on Sunday for their first ever visit to the country. A jet plane carrying the royal couple touched down at Chaklala airbase at around 10:45pm, an AFP photographer said.
Published 30 Oct, 2006 12:00am
Continental reaffirms 2006 targets

Continental reaffirms 2006 targets

German tyre and car parts maker Continental AG expects higher revenues and operating profit this year despite taking a hit from rising raw materials and energy prices, its chief executive reiterated in remarks published on Saturday.
Published 30 Oct, 2006 12:00am
Charles and Camilla arrive

Charles and Camilla arrive

Prince Charles and his wife Camilla arrived in Pakistan on Sunday for their first ever visit to the country. A jet plane carrying the royal couple touched down at Chaklala airbase at around 10:45pm, an AFP photographer said.
Published 30 Oct, 2006 12:00am
Juncker lauds revised growth pact rules

Juncker lauds revised growth pact rules

Revised European Union budget deficit rules are working well and have not caused any budgetary weakness since deficits are generally falling, Eurogroup chairman Jean-Claude Juncker was quoted on Saturday as saying.
Published 30 Oct, 2006 12:00am
Polls will be fair even without Nawaz and Benazir: Musharraf

Polls will be fair even without Nawaz and Benazir: Musharraf

President General Pervez Musharraf has said that the next general election would be fair and transparent even without the participation of Benazir Bhutto and Nawaz Sharif. "Their (Benazir and Nawaz) parties will take part in the polls and there would be n
Published 30 Oct, 2006 12:00am
Sanyo, Haier to link up in fridge business

Sanyo, Haier to link up in fridge business

Japan's Sanyo Electric Co Ltd said on Friday it will link up with China's Haier Group in the refrigerator business in a bid to turn around its loss-making operations and will sell its Thai refrigerator plant to Haier. The two companies will set up a joint
Published 30 Oct, 2006 12:00am
Polls will be fair even without Nawaz and Benazir: Musharraf

Polls will be fair even without Nawaz and Benazir: Musharraf

President General Pervez Musharraf has said that the next general election would be fair and transparent even without the participation of Benazir Bhutto and Nawaz Sharif. "Their (Benazir and Nawaz) parties will take part in the polls and there would be n
Published 30 Oct, 2006 12:00am
Prodi tries to rally allies on budget

Prodi tries to rally allies on budget

Italian Prime Minister Romano Prodi tried to end coalition infighting over his unpopular 2007 budget plan on Saturday, telling allies at a special strategy meeting it was a "courageous" first step toward mending the economy.
Published 30 Oct, 2006 12:00am
Benazir condoles death of Qasmi

Benazir condoles death of Qasmi

Former Prime Minister and Chairperson Pakistan Peoples Party Benazir Bhutto has condoled the death of renowned Urdu satirist, author and poet Zia-ul-Haq Qasmi. Zia-ul-Haq Qasmi died in Karachi on the Eid day at the age of 71.
Published 30 Oct, 2006 12:00am
Air China posts strong third quarter

Air China posts strong third quarter

Chinese flag carrier Air China reported strong third-quarter earnings, but said the main reasons were special and seasonal factors. Air China posted a net profit of 3.30 billion yuan ($418 million) for the July-September period on turnover of 13.94 billio
Published 30 Oct, 2006 12:00am
Troops kill 17 in Iraq, Bush stands firm

Troops kill 17 in Iraq, Bush stands firm

US and Iraqi forces said they killed about 17 guerrillas in a battle north of Baghdad early on Sunday, after President George W. Bush promised Iraq's prime minister more military aid in a bid to soothe recent friction.
Published 30 Oct, 2006 12:00am
Air China posts strong third quarter

Air China posts strong third quarter

Chinese flag carrier Air China reported strong third-quarter earnings, but said the main reasons were special and seasonal factors. Air China posted a net profit of 3.30 billion yuan ($418 million) for the July-September period on turnover of 13.94 billio
Published 30 Oct, 2006 12:00am
Brazil Bradesco rules out dollar debt issue

Brazil Bradesco rules out dollar debt issue

Banco Bradesco Brazil's largest private-sector bank, said it has no plans to borrow on international markets this year despite receiving on Friday investment grade status from a ratings agency for the first time.
Published 30 Oct, 2006 12:00am
Brazil Bradesco rules out dollar debt issue

Brazil Bradesco rules out dollar debt issue

Banco Bradesco Brazil's largest private-sector bank, said it has no plans to borrow on international markets this year despite receiving on Friday investment grade status from a ratings agency for the first time.
Published 30 Oct, 2006 12:00am
Microsoft 2006 video game console target holds

Microsoft 2006 video game console target holds

Microsoft Corp on Thursday said it has shipped 6 million Xbox 360 video game consoles world-wide since releasing the unit about a year ago. The company is "confident" it can meet its target to ship 10 million of its next-generation game consoles by the en
Published 30 Oct, 2006 12:00am
Dogfish and timber could face UN trade curbs

Dogfish and timber could face UN trade curbs

A type of shark served with chips and a dark wood used in furniture-making could be among a number of "commercially significant" items facing trade limits because of their rapid depletion, according to United Nations experts.
Published 30 Oct, 2006 12:00am
IMF approves final Ghana loan tranche

IMF approves final Ghana loan tranche

The International Monetary Fund approved a final $39 million loan tranche to Ghana on Friday, days before the country's three-year, $272.7 million economic program with the fund expires on October 31. The IMF said Ghana's growth is relatively strong, infl
Published 30 Oct, 2006 12:00am
Survey points to early start to Christmas spending in UK

Survey points to early start to Christmas spending in UK

Britons might be heading for a lean Christmas, after saving hit their lowest levels in a year. Consumers saved an average of 413 pounds in the three months to end-September - the lowest amount this year - according to the latest findings of Birmingham Mid
Published 30 Oct, 2006 12:00am
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