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Nov 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2006-11-04
FOB Gulf grain corn and soya weak

FOB Gulf grain corn and soya weak

US FOB Gulf corn and soyabean export premiums were weaker on Thursday due to a rally in futures prices and light farmer selling, traders said. Hard and soft red winter wheat basis offers held steady, supported by large carries in the futures markets provi
Published 04 Nov, 2006 12:00am
Bangladesh alliance extends deadline for interim government

Bangladesh alliance extends deadline for interim government

Sheikh Hasina, leader of a 14-party alliance and a key contender for power in Bangladesh, said on Friday she would give the caretaker government another week to prove its neutrality and commitment to free and fair elections.
Published 04 Nov, 2006 12:00am
CBOT corn hits 10-year highs

CBOT corn hits 10-year highs

Corn futures at the Chicago Board of Trade leaped over 3 percent to the highest level in a decade on Thursday on fund buying tied to forecasts implying the corn supply in the United States will shrink more next year that earlier estimates, traders and ana
Published 04 Nov, 2006 12:00am
ISE stages recovery

ISE stages recovery

Equities witnessed broad-based recovery under the lead of volume leaders at the Islamabad Stock Exchange (ISE) where investors injected fresh investment amid increase in index. ISE Ten index showed an improvement of 98.48 points as the index moved from 2,
Published 04 Nov, 2006 12:00am
CBOT wheat closes higher

CBOT wheat closes higher

Nearby wheat futures at the Chicago Board of Trade settled higher on Thursday, following as CBOT corn soared to the highest levels in a decade on concerns about US corn supplies, traders said. "We're riding the coattails of corn," one CBOT wheat trader sa
Published 04 Nov, 2006 12:00am
ISE stages recovery

ISE stages recovery

Equities witnessed broad-based recovery under the lead of volume leaders at the Islamabad Stock Exchange (ISE) where investors injected fresh investment amid increase in index. ISE Ten index showed an improvement of 98.48 points as the index moved from 2,
Published 04 Nov, 2006 12:00am
KCBT wheat settles mostly higher

KCBT wheat settles mostly higher

Hard red winter wheat futures at the Kansas City Board of Trade ended mostly higher on Thursday, boosted by better-than-expected exports and price strength in row crops, traders said.
Published 04 Nov, 2006 12:00am
Share values stage recovery on LSE

Share values stage recovery on LSE

Share values rebounded on Lahore Stock Exchange (LSE) following positive outcome of Thursday's SECP high-ups meeting with brokers to settle the issues pertaining to new risk management measures, thumping the four-day losing streak.
Published 04 Nov, 2006 12:00am
Oil cake market rates

Oil cake market rates

Sharp price rise was seen on the forward cottonseed oilcake market on Friday. As there was panic buying on anticipation of rise in the current rates, dealers said.
Published 04 Nov, 2006 12:00am
Share values stage recovery on LSE

Share values stage recovery on LSE

Share values rebounded on Lahore Stock Exchange (LSE) following positive outcome of Thursday's SECP high-ups meeting with brokers to settle the issues pertaining to new risk management measures, thumping the four-day losing streak.
Published 04 Nov, 2006 12:00am
Cotton prices stay in ranges, mills continue buying

Cotton prices stay in ranges, mills continue buying

Firmness prevailed on the cotton market on Friday as prices did not show any big difference as mills were active to cover the forward buying, dealers said. The Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 2350, without upcountry
Published 04 Nov, 2006 12:00am
LHC unseats minister of state

LHC unseats minister of state

The Lahore High Court (LHC) unseated Minister of State Saima Akhtar Bharwana and directed Chief Election Commissioner (CEC) to hold fresh election in NA-90 Jhang constituency. The court passed these orders in a petition filed by PML candidate Sultan Nazir
Published 04 Nov, 2006 12:00am
Prices stay put on grain markets

Prices stay put on grain markets

No changes were witnessed on the grain market on Friday as most of the commodities maintained the overnight levels in process of steady arrivals from the upcountry centres, dealers said.
Published 04 Nov, 2006 12:00am
LHC unseats minister of state

LHC unseats minister of state

The Lahore High Court (LHC) unseated Minister of State Saima Akhtar Bharwana and directed Chief Election Commissioner (CEC) to hold fresh election in NA-90 Jhang constituency. The court passed these orders in a petition filed by PML candidate Sultan Nazir
Published 04 Nov, 2006 12:00am
Dyes move both ways on Jodia Bazar

Dyes move both ways on Jodia Bazar

The trading on dyes sector ended mixed on Jodia Bazar here on Friday. The following changes were seen: Dyes Naphthols China (Per pound): ASBS 100 percent moved up by Rs 5 at Rs 150.
Published 04 Nov, 2006 12:00am
Contempt case: Supreme Court to issue notices to Farhat and Farooq

Contempt case: Supreme Court to issue notices to Farhat and Farooq

Azad Kashmir Supreme Court has decided to issue notices to Farhat Ullah Babar and Farooq Rehmani for contempt of court. Supreme Court sources told Online that the Supreme Court has taken severe notice of the statements and intervention of Farhat Ullah Bab
Published 04 Nov, 2006 12:00am
MGE wheat posts gains

MGE wheat posts gains

spring wheat futures at the Minneapolis Grain Exchange closed mostly higher on Thursday on slipover strength from Chicago Board of Trade wheat and corn, traders said. But prices came off session highs as speculators took profits, traders said. Concerns ab
Published 04 Nov, 2006 12:00am
Government unwilling to provide Rs 79 billion to Wapda

Government unwilling to provide Rs 79 billion to Wapda

The government is reluctant to extend financial support of Rs 79 billion to the Water and Power Development Authority (Wapda) to cope with cash shortfall, official sources told Business Recorder here on Friday.
Published 04 Nov, 2006 12:00am
New York cocoa higher

New York cocoa higher

US cocoa futures closed 1.8 percent higher on Thursday after short-covering and potential for trouble in top producing country Ivory Coast lifted the market. December cocoa on the New York Board of Trade closed up $27 at $1,490 a tonne, just off the day's
Published 04 Nov, 2006 12:00am
Government unwilling to provide Rs 79 billion to Wapda

Government unwilling to provide Rs 79 billion to Wapda

The government is reluctant to extend financial support of Rs 79 billion to the Water and Power Development Authority (Wapda) to cope with cash shortfall, official sources told Business Recorder here on Friday.
Published 04 Nov, 2006 12:00am
New York coffee jumps at end

New York coffee jumps at end

Arabica benchmark coffee futures finished on Thursday with hefty gains as speculators and locals bought throughout the session and more aggressively heading into the close, traders said.
Published 04 Nov, 2006 12:00am
Government unwilling to provide Rs 79 billion to Wapda

Government unwilling to provide Rs 79 billion to Wapda

The government is reluctant to extend financial support of Rs 79 billion to the Water and Power Development Authority (Wapda) to cope with cash shortfall, official sources told Business Recorder here on Friday.
Published 04 Nov, 2006 12:00am
Grain loading suspended in Ukraine

Grain loading suspended in Ukraine

Ukraine suspended loading of grain for export at its ports late on Thursday after the customs service stopped approving export contracts under quotas introduced by the government, a trader said on Friday.
Published 04 Nov, 2006 12:00am
Four Lakson Group companies selected for KSE award

Four Lakson Group companies selected for KSE award

Four companies from the Lakson Group have been selected for the 'Top Companies Award, 2005' announced by the Karachi Stock Exchange KSE). According to a press release issued here on Thursday, the Lakson Group said that it is a big achievement and pleasure
Published 04 Nov, 2006 12:00am
US copper futures higher

US copper futures higher

Copper futures in New York settled near their session highs on Thursday, stabilising some after the market's unwillingness to extend the prior day's losses, sources said. "After the failed breakout in the middle of October, we have been sliding for two we
Published 04 Nov, 2006 12:00am
Norway cancels $20 million Pakistan''s debt

Norway cancels $20 million Pakistan''s debt

Norway said on Friday it had agreed to cancel 20 million dollars of debt owed by Pakistan on the condition that the money is used for reconstruction efforts following a 2005 earthquake that killed some 74,000 people.
Published 04 Nov, 2006 12:00am
Funds chase US gold to two-month high over $625 an ounce

Funds chase US gold to two-month high over $625 an ounce

Gold futures rose above $625 an ounce for the first time in two months on Thursday as investors and speculators competed to buy, spurred on by the break of certain chart levels and a soft dollar. Upward momentum gathered in other precious metals, with pla
Published 04 Nov, 2006 12:00am
Norway cancels $20 million Pakistan's debt

Norway cancels $20 million Pakistan's debt

Norway said on Friday it had agreed to cancel 20 million dollars of debt owed by Pakistan on the condition that the money is used for reconstruction efforts following a 2005 earthquake that killed some 74,000 people.
Published 04 Nov, 2006 12:00am
Gold loses about $1 an ounce in Asia

Gold loses about $1 an ounce in Asia

Gold prices retreated more than $1 in Asia as the US dollar steadied, prompting some bullion sales, though selling was checked by uncertainty over the US economic outlook ahead of key employment data later on Friday.
Published 04 Nov, 2006 12:00am
Norway cancels $20 million Pakistan's debt

Norway cancels $20 million Pakistan's debt

Norway said on Friday it had agreed to cancel 20 million dollars of debt owed by Pakistan on the condition that the money is used for reconstruction efforts following a 2005 earthquake that killed some 74,000 people.
Published 04 Nov, 2006 12:00am
Tanzania coffee prices firm

Tanzania coffee prices firm

Tanzania's coffee prices mostly firmed at this week's auction, boosted by increased demand for various bean grades as the quantity on offer fell, traders said on Friday.
Published 04 Nov, 2006 12:00am
BRIndex30 takes 365.93-point jump

BRIndex30 takes 365.93-point jump

On Friday, after four consecutive days of downward trend, the BRIndex30 exhibited a positive trend, remaining for the entire trading time in the positive. It opened with a jump gap of 342 points and closed at 11,982.40 with a gain of 365.93 points, or 3.1
Published 04 Nov, 2006 12:00am
South Korea Nonghyup Feed seeks max 220,000 tonnes corn

South Korea Nonghyup Feed seeks max 220,000 tonnes corn

South Korea's Nonghyup Feed Inc has issued a tender to buy up to 220,000 tonnes of optional-origin corn for March through June arrivals, traders said on Friday. This is the first time that a South Korean feed maker is seeking to cover grain for April-June
Published 04 Nov, 2006 12:00am
BRIndex30 takes 365.93-point jump

BRIndex30 takes 365.93-point jump

On Friday, after four consecutive days of downward trend, the BRIndex30 exhibited a positive trend, remaining for the entire trading time in the positive. It opened with a jump gap of 342 points and closed at 11,982.40 with a gain of 365.93 points, or 3.1
Published 04 Nov, 2006 12:00am
Oil steadies below $58 as Nigeria restarts weigh

Oil steadies below $58 as Nigeria restarts weigh

Oil steadied on Friday after sliding below $58 as Nigerian crude production increased, adding to pressure from ample US fuel stocks and doubt over Opec's resolve for supply curbs. US light crude for December delivery was down 2 cents at $57.86 a barrel, a
Published 04 Nov, 2006 12:00am
Sensitive Price Indicator up 10.33 percent

Sensitive Price Indicator up 10.33 percent

The Sensitive Price Indicator (SPI) year-on-year of 53 essential items for the week ending on November 2 has shown 10.33 percent increase as compared to the corresponding week of the last year. Last week''s figures ending on October 27 with record surge i
Published 04 Nov, 2006 12:00am
Malaysian tin falls

Malaysian tin falls

Malaysian tin ended down 0.4 percent on Friday, despite a flat finish on the London Metal Exchange, due to a technical correction, one dealer said.
Published 04 Nov, 2006 12:00am
Sensitive Price Indicator up 10.33 percent

Sensitive Price Indicator up 10.33 percent

The Sensitive Price Indicator (SPI) year-on-year of 53 essential items for the week ending on November 2 has shown 10.33 percent increase as compared to the corresponding week of the last year. Last week's figures ending on October 27 with record surge in
Published 04 Nov, 2006 12:00am
India's soyameal exports at 400,000 tonnes

India's soyameal exports at 400,000 tonnes

India signed contracts for the export of about 400,000 tonnes of soyameal in October, when the new harvesting season began, a trade body said on Friday, but it added overseas sales were expected to fall year on year.
Published 04 Nov, 2006 12:00am
Sensitive Price Indicator up 10.33 percent

Sensitive Price Indicator up 10.33 percent

The Sensitive Price Indicator (SPI) year-on-year of 53 essential items for the week ending on November 2 has shown 10.33 percent increase as compared to the corresponding week of the last year. Last week's figures ending on October 27 with record surge in
Published 04 Nov, 2006 12:00am
UK organic food consumption seen rising sharply

UK organic food consumption seen rising sharply

Buoyant growth in sales of organic food in Britain is expected to continue for the next 5 years, boosted by food safety concerns and perceived superior taste, analyst Datamonitor said on Friday.
Published 04 Nov, 2006 12:00am
Stock market surges 301 points

Stock market surges 301 points

On the back of positive news, relating to extension of CFS, increase in CFS-eligible scirps, and delay in implementation of VAR system, bullish trend returned to share market on Friday.
Published 04 Nov, 2006 12:00am
New York sugar firmer

New York sugar firmer

Raw sugar prices finished slightly firmer on Thursday on buying by small speculators, and the market was expected to stay range-bound into next week, brokers said.
Published 04 Nov, 2006 12:00am
Stock market surges 301 points

Stock market surges 301 points

On the back of positive news, relating to extension of CFS, increase in CFS-eligible scirps, and delay in implementation of VAR system, bullish trend returned to share market on Friday.
Published 04 Nov, 2006 12:00am
Soya ends firm as corn rallies

Soya ends firm as corn rallies

Soyabean futures at the Chicago Board of Trade closed higher on Thursday but significantly off their highs as profit-taking and commercial hedge pressure weighed on prices late, traders said.
Published 04 Nov, 2006 12:00am
Stock market surges 301 points

Stock market surges 301 points

On the back of positive news, relating to extension of CFS, increase in CFS-eligible scirps, and delay in implementation of VAR system, bullish trend returned to share market on Friday.
Published 04 Nov, 2006 12:00am
Japanese markets closed

Japanese markets closed

Japanese financial markets were closed on Friday for a public holiday. Trading will resume on Monday (November 6).
Published 04 Nov, 2006 12:00am
Talks on with two parties for CSIBL deal: SECP chief

Talks on with two parties for CSIBL deal: SECP chief

The government is negotiating with two potential buyers of Crescent Standard Investment Bank Limited (CSIBL). At a press conference on new risk management measures for stock exchanges on Friday.
Published 04 Nov, 2006 12:00am
Japanese markets closed

Japanese markets closed

Japanese financial markets were closed on Friday for a public holiday. Trading will resume on Monday (November 6).
Published 04 Nov, 2006 12:00am
Talks on with two parties for CSIBL deal: SECP chief

Talks on with two parties for CSIBL deal: SECP chief

The government is negotiating with two potential buyers of Crescent Standard Investment Bank Limited (CSIBL). At a press conference on new risk management measures for stock exchanges on Friday.
Published 04 Nov, 2006 12:00am
CBOT rice weaker

CBOT rice weaker

Rough rice futures at the Chicago Board of Trade closed weak and at the day's lows on Thursday as profit-taking and commercial hedge sales weighed on the market, traders said. November rice ended 11 cents lower at $9.83 per hundredweight, after climbing 3
Published 04 Nov, 2006 12:00am
Talks on with two parties for CSIBL deal: SECP chief

Talks on with two parties for CSIBL deal: SECP chief

The government is negotiating with two potential buyers of Crescent Standard Investment Bank Limited (CSIBL). At a press conference on new risk management measures for stock exchanges on Friday.
Published 04 Nov, 2006 12:00am
Asian rubber prices fall

Asian rubber prices fall

Prices of tyre grade rubber sheet slid in Asia on Friday, dragged down by increasing supply in producing countries and a sluggish Tokyo Commodities Exchange. Offer prices in rubber-producing countries fell $1-2 a kg towards $1.70 with few buyers in the ma
Published 04 Nov, 2006 12:00am
21 companies added to CFS-eligible list

21 companies added to CFS-eligible list

In view of the decision taken in the meeting of representatives of the three stock exchanges with SECP on Thursday, 21 more scrips have been added in the list of 50 CFS-eligible securities, which had been mentioned in a letter issued on November 1 and now
Published 04 Nov, 2006 12:00am
Malaysian palm oil ends down

Malaysian palm oil ends down

Malaysian crude palm oil futures fell on Friday because of profit taking, dealers said. The benchmark January contract on the Bursar Malaysia Derivatives exchange ended down 31 ringgit at 1,693 ringgit a tonne ($464.4) after trading in a wide range betwee
Published 04 Nov, 2006 12:00am
21 companies added to CFS-eligible list

21 companies added to CFS-eligible list

In view of the decision taken in the meeting of representatives of the three stock exchanges with SECP on Thursday, 21 more scrips have been added in the list of 50 CFS-eligible securities, which had been mentioned in a letter issued on November 1 and now
Published 04 Nov, 2006 12:00am
Barclays settles Enron dispute

Barclays settles Enron dispute

Barclays Plc, Britain's third-biggest bank, said on Friday it would pay $144 million in cash to settle a litigation dispute with bankrupt US energy company Enron Corp.
Published 04 Nov, 2006 12:00am
21 companies added to CFS-eligible list

21 companies added to CFS-eligible list

In view of the decision taken in the meeting of representatives of the three stock exchanges with SECP on Thursday, 21 more scrips have been added in the list of 50 CFS-eligible securities, which had been mentioned in a letter issued on November 1 and now
Published 04 Nov, 2006 12:00am
Singapore Air picks Rolls-Royce engines for A330

Singapore Air picks Rolls-Royce engines for A330

Singapore Airlines, the world's second-biggest airline by stock market value, said on Friday that it had chosen the Rolls-Royce Trent 700 engine for the 19 Airbus A330-300s which are due for delivery by 2011.
Published 04 Nov, 2006 12:00am
''SECP not to roll back stock market reform process''

''SECP not to roll back stock market reform process''

Securities and Exchange Commission of Pakistan (SECP) Chairman Raziur Rehman Khan has said that the Commission will not roll back the on-going reforms in the stock exchanges to maintain a transparent buying and selling atmosphere.
Published 04 Nov, 2006 12:00am
Climate change gases reach record levels in 2005: WMO

Climate change gases reach record levels in 2005: WMO

Global concentrations of carbon dioxide, the major greenhouse gas blamed for climate change, reached in 2005 the highest levels ever recorded, the UN's weather agency said Friday.
Published 04 Nov, 2006 12:00am
'SECP not to roll back stock market reform process'

'SECP not to roll back stock market reform process'

Securities and Exchange Commission of Pakistan (SECP) Chairman Raziur Rehman Khan has said that the Commission will not roll back the on-going reforms in the stock exchanges to maintain a transparent buying and selling atmosphere.
Published 04 Nov, 2006 12:00am
Microsoft, Novell reach agreement on Linux

Microsoft, Novell reach agreement on Linux

Once bitter rivals, Microsoft Corp and Novell Inc entered into an agreement on Thursday to allow open-source Linux software to work with Windows.
Published 04 Nov, 2006 12:00am
'SECP not to roll back stock market reform process'

'SECP not to roll back stock market reform process'

Securities and Exchange Commission of Pakistan (SECP) Chairman Raziur Rehman Khan has said that the Commission will not roll back the on-going reforms in the stock exchanges to maintain a transparent buying and selling atmosphere.
Published 04 Nov, 2006 12:00am
Turkish inflation below forecast

Turkish inflation below forecast

Turkish inflation rose less than expected in October, official data showed on Friday, triggering a strengthening of the lira currency in what economists saw as a positive development.
Published 04 Nov, 2006 12:00am
Wapda to raise power tariff within few days: Tariq

Wapda to raise power tariff within few days: Tariq

Wapda Chairman Tariq Hameed has said that it would have to enhance power tariff, if the current oil prices prevailed. He stated this before the NA standing committee on water and power here on Friday. The meeting was held under chairmanship of Ghulam Murt
Published 04 Nov, 2006 12:00am
Reliance launches giant retail rollout

Reliance launches giant retail rollout

Indian corporate giant Reliance Industries began a multi-billion dollar superstore rollout Friday with promises to the nation's small traders that it would not drive them out of business.
Published 04 Nov, 2006 12:00am
Wapda to raise power tariff within few days: Tariq

Wapda to raise power tariff within few days: Tariq

Wapda Chairman Tariq Hameed has said that it would have to enhance power tariff, if the current oil prices prevailed. He stated this before the NA standing committee on water and power here on Friday. The meeting was held under chairmanship of Ghulam Murt
Published 04 Nov, 2006 12:00am
Strong German tax take gives relief to employers

Strong German tax take gives relief to employers

Germany sharply revised up its tax revenue estimates for 2006-2007 on Friday, boosted by the strongest growth in six years and leading the government to make fresh cuts to labour costs that should shore up consumption.
Published 04 Nov, 2006 12:00am
Wapda to raise power tariff within few days: Tariq

Wapda to raise power tariff within few days: Tariq

Wapda Chairman Tariq Hameed has said that it would have to enhance power tariff, if the current oil prices prevailed. He stated this before the NA standing committee on water and power here on Friday. The meeting was held under chairmanship of Ghulam Murt
Published 04 Nov, 2006 12:00am
Strong German tax take gives relief to employers

Strong German tax take gives relief to employers

Germany sharply revised up its tax revenue estimates for 2006-2007 on Friday, boosted by the strongest growth in six years and leading the government to make fresh cuts to labour costs that should shore up consumption.
Published 04 Nov, 2006 12:00am
Two more oil companies allowed to operate in Afghanistan

Two more oil companies allowed to operate in Afghanistan

The Ministry of Petroleum and Natural Resources has permitted two more oil and gas companies to carry out operations in Afghanistan, under Afghan Transit Trade Agreement (ATTA). Admore Gas (Pvt) Ltd, an oil marketing company in Pakistan, and Tryco, a US C
Published 04 Nov, 2006 12:00am
Canada's jobless rate drops on heavy hiring

Canada's jobless rate drops on heavy hiring

A hiring frenzy in Canada's oil patch pushed the unemployment rate to near a 30-year low in October in an unexpectedly strong jobs report that is likely to stall any interest rate cuts by the Bank of Canada.
Published 04 Nov, 2006 12:00am
Two more oil companies allowed to operate in Afghanistan

Two more oil companies allowed to operate in Afghanistan

The Ministry of Petroleum and Natural Resources has permitted two more oil and gas companies to carry out operations in Afghanistan, under Afghan Transit Trade Agreement (ATTA). Admore Gas (Pvt) Ltd, an oil marketing company in Pakistan, and Tryco, a US C
Published 04 Nov, 2006 12:00am
Aer Lingus rebuffs Ryanair bid, sees deal unlikely

Aer Lingus rebuffs Ryanair bid, sees deal unlikely

Ireland's Aer Lingus issued a forthright rejection on Friday of a take-over bid by low-cost rival Ryanair and urged its shareholders to snub the offer valuing it at 1.48 billion euros ($1.9 billion).
Published 04 Nov, 2006 12:00am
Two more oil companies allowed to operate in Afghanistan

Two more oil companies allowed to operate in Afghanistan

The Ministry of Petroleum and Natural Resources has permitted two more oil and gas companies to carry out operations in Afghanistan, under Afghan Transit Trade Agreement (ATTA). Admore Gas (Pvt) Ltd, an oil marketing company in Pakistan, and Tryco, a US C
Published 04 Nov, 2006 12:00am
Alwaleed, Li to invest in China IPO hopeful

Alwaleed, Li to invest in China IPO hopeful

Billionaires Li Ka-shing and Saudi Prince Alwaleed bin Talal plan to buy stakes in China's top port builder, China Communications Construction Group, ahead of its US $2 billion to $3 billion IPO, sources close to the deal said on Friday.
Published 04 Nov, 2006 12:00am
PIA starts refurbishing 747 fleet

PIA starts refurbishing 747 fleet

The PIA has started complete refurbishment of its 747 aircraft and first aircraft, which was inducted in September 2006, has now been completed. During refurbishment the entire cabin has been renovated with new seat covers and carpet.
Published 04 Nov, 2006 12:00am
Alwaleed, Li to invest in China IPO hopeful

Alwaleed, Li to invest in China IPO hopeful

Billionaires Li Ka-shing and Saudi Prince Alwaleed bin Talal plan to buy stakes in China's top port builder, China Communications Construction Group, ahead of its US $2 billion to $3 billion IPO, sources close to the deal said on Friday.
Published 04 Nov, 2006 12:00am
Darrell Hair sacked

Darrell Hair sacked

The International Cricket Council has sacked controversial umpire Darrell Hair from its elite panel, ending his international career, a highly-placed ICC source told AFP on Friday. The decision was taken on the opening day of the two-day Executive Board m
Published 04 Nov, 2006 12:00am
US airlines raise fares

US airlines raise fares

Several US airlines, including Continental Airlines and Delta Air Lines Inc, raised fares in some markets by $5 each way, the third such effort in recent weeks. Delta raised fares overnight in domestic markets not served by low-cost carriers, spokeswoman
Published 04 Nov, 2006 12:00am
Darrell Hair sacked

Darrell Hair sacked

The International Cricket Council has sacked controversial umpire Darrell Hair from its elite panel, ending his international career, a highly-placed ICC source told AFP on Friday. The decision was taken on the opening day of the two-day Executive Board m
Published 04 Nov, 2006 12:00am
Washington Post quarterly profit rises

Washington Post quarterly profit rises

The Washington Post Co on Friday reported a 10 percent rise in quarterly profit on strength in its educational services division, but sales were lower than expected. Net income for the third quarter rose to $73.3 million, or $7.60 a share, compared with $
Published 04 Nov, 2006 12:00am
Preparedness key to protect sea frontiers: Musharraf

Preparedness key to protect sea frontiers: Musharraf

President General Pervez Musharraf has said that an extraordinary level of operational preparedness is the key to safeguard sea frontiers and thwart any aggressive designs. He was addressing the officers and sailors of Pakistan Navy at Jinnah Naval Base,
Published 04 Nov, 2006 12:00am
Washington Post quarterly profit rises

Washington Post quarterly profit rises

The Washington Post Co on Friday reported a 10 percent rise in quarterly profit on strength in its educational services division, but sales were lower than expected. Net income for the third quarter rose to $73.3 million, or $7.60 a share, compared with $
Published 04 Nov, 2006 12:00am
Preparedness key to protect sea frontiers: Musharraf

Preparedness key to protect sea frontiers: Musharraf

President General Pervez Musharraf has said that an extraordinary level of operational preparedness is the key to safeguard sea frontiers and thwart any aggressive designs. He was addressing the officers and sailors of Pakistan Navy at Jinnah Naval Base,
Published 04 Nov, 2006 12:00am
Commerzbank profit beats consensus

Commerzbank profit beats consensus

Germany's Commerzbank delivered a better-than-expected third-quarter net profit as strong lending to smaller firms made up for a hefty one-off charge at its real estate unit and said it may be heading for its best ever full-year result.
Published 04 Nov, 2006 12:00am
Pakistan top reformer in South Asia: Shaukat

Pakistan top reformer in South Asia: Shaukat

Prime Minister Shaukat Aziz said here on Friday that Pakistan "is ahead of many countries" in implementing economic reforms and improving governance.
Published 04 Nov, 2006 12:00am
Commerzbank profit beats consensus

Commerzbank profit beats consensus

Germany's Commerzbank delivered a better-than-expected third-quarter net profit as strong lending to smaller firms made up for a hefty one-off charge at its real estate unit and said it may be heading for its best ever full-year result.
Published 04 Nov, 2006 12:00am
Pakistan top reformer in South Asia: Shaukat

Pakistan top reformer in South Asia: Shaukat

Prime Minister Shaukat Aziz said here on Friday that Pakistan "is ahead of many countries" in implementing economic reforms and improving governance.
Published 04 Nov, 2006 12:00am
Pakistan top reformer in South Asia: Shaukat

Pakistan top reformer in South Asia: Shaukat

Prime Minister Shaukat Aziz said here on Friday that Pakistan "is ahead of many countries" in implementing economic reforms and improving governance.
Published 04 Nov, 2006 12:00am
UK debt mountain claims 300 victims a day

UK debt mountain claims 300 victims a day

Three hundred people a day in England and Wales declared themselves insolvent in the summer as Britain's trillion pound debt mountain claimed a record number of victims. Mortgage repossessions also rose sharply - up more than a fifth - as households have
Published 04 Nov, 2006 12:00am
Seven US troops killed in Iraq

Seven US troops killed in Iraq

Seven American troops were killed on Thursday in Iraq, the US military said on Friday, updating an earlier toll. Three US marines died from wounds sustained due to enemy action while operating in Al-Anbar province in western Iraq, a statement said.
Published 04 Nov, 2006 12:00am
BSkyB tops forecast for TV sign-ups and broadband

BSkyB tops forecast for TV sign-ups and broadband

Pay TV firm BSkyB Plc beat forecasts with a net 82,000 new TV subscribers in the first quarter of its financial year and said it had received a million registrations of interest in its new broadband service.
Published 04 Nov, 2006 12:00am
Seven US troops killed in Iraq

Seven US troops killed in Iraq

Seven American troops were killed on Thursday in Iraq, the US military said on Friday, updating an earlier toll. Three US marines died from wounds sustained due to enemy action while operating in Al-Anbar province in western Iraq, a statement said.
Published 04 Nov, 2006 12:00am
Allianz third quarter boosted by calm hurricane season

Allianz third quarter boosted by calm hurricane season

A calm hurricane season helped German insurer Allianz more than double net profit in the third quarter, prompting it to raise its full-year targets for the second time in just three months.
Published 04 Nov, 2006 12:00am
Two Palestinian women shot dead

Two Palestinian women shot dead

Israeli troops shot dead two women acting as human shields between soldiers and gunmen holed up in a mosque and killed a dozen other Palestinians on Friday, witnesses said.
Published 04 Nov, 2006 12:00am
Allianz third quarter boosted by calm hurricane season

Allianz third quarter boosted by calm hurricane season

A calm hurricane season helped German insurer Allianz more than double net profit in the third quarter, prompting it to raise its full-year targets for the second time in just three months.
Published 04 Nov, 2006 12:00am
Two Palestinian women shot dead

Two Palestinian women shot dead

Israeli troops shot dead two women acting as human shields between soldiers and gunmen holed up in a mosque and killed a dozen other Palestinians on Friday, witnesses said.
Published 04 Nov, 2006 12:00am
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