An Amsterdam court suspended the poison pill of Dutch industrial group Stork on Wednesday, but did not allow major shareholders to vote on the dismissal of the company's supervisory board the following day.
Millions of British households abandoned their old suppliers in search of cheaper energy last year, leaving former monopoly British Gas with less than half of the gas market, energy regulator Ofgem said.
Bulls strengthened their position at Islamabad Stock Exchange (ISE) on Wednesday where equities witnessed broad-based recovery under the lead of hot favourites amid increase in index. ISE-10 Index was up by 8.23 points from 2,607.20 to 2,615.43 points.
Bulls strengthened their position at Islamabad Stock Exchange (ISE) on Wednesday where equities witnessed broad-based recovery under the lead of hot favourites amid increase in index. ISE-10 Index was up by 8.23 points from 2,607.20 to 2,615.43 points.
Share values moved in a zig-zag manner on Lahore Stock Exchange (LSE) on Wednesday in the absence of any guiding factor, and the market after fluctuating up and down ended on a bullish note. The LSE-25 index closed at 4392.08 points against 4375.13 points
Share values moved in a zig-zag manner on Lahore Stock Exchange (LSE) on Wednesday in the absence of any guiding factor, and the market after fluctuating up and down ended on a bullish note. The LSE-25 index closed at 4392.08 points against 4375.13 points
The Cabinet in its meeting on Wednesday, presided over by Prime Minister Shaukat Aziz, discussed the tenure of President Pervez Musharraf and sitting National and Provincial Assemblies with special reference to Presidential elections expected to be held i
The Cabinet in its meeting on Wednesday, presided over by Prime Minister Shaukat Aziz, discussed the tenure of President Pervez Musharraf and sitting National and Provincial Assemblies with special reference to Presidential elections expected to be held i
The Privatisation Commission (PC) has received Expressions of Interest (EoI), with statements of qualifications (SoQs) from 12 parties for acquiring 51 percent Pakistan State Oil (PSO) share, with management control.
The Privatisation Commission (PC) has received Expressions of Interest (EoI), with statements of qualifications (SoQs) from 12 parties for acquiring 51 percent Pakistan State Oil (PSO) share, with management control.
The Privatisation Commission (PC) has received Expressions of Interest (EoI), with statements of qualifications (SoQs) from 12 parties for acquiring 51 percent Pakistan State Oil (PSO) share, with management control.
The federal cabinet on Wednesday approved the first Small and Medium Enterprises (SME) policy, delegated powers to State Bank of Pakistan (SBP) to impose financial penalty on money exchange companies for violating foreign currency rules and allowed Khushh
The federal cabinet on Wednesday approved the first Small and Medium Enterprises (SME) policy, delegated powers to State Bank of Pakistan (SBP) to impose financial penalty on money exchange companies for violating foreign currency rules and allowed Khushh
The federal cabinet on Wednesday approved the first Small and Medium Enterprises (SME) policy, delegated powers to State Bank of Pakistan (SBP) to impose financial penalty on money exchange companies for violating foreign currency rules and allowed Khushh
The federal cabinet on Wednesday approved the first Small and Medium Enterprises (SME) policy, delegated powers to State Bank of Pakistan (SBP) to impose financial penalty on money exchange companies for violating foreign currency rules and allowed Khushh
The federal cabinet on Wednesday approved the first Small and Medium Enterprises (SME) policy, delegated powers to State Bank of Pakistan (SBP) to impose financial penalty on money exchange companies for violating foreign currency rules and allowed Khushh
Twenty-nine Brigadiers have been promoted to the rank of Major Generals. The decision to this effect was taken at a meeting held at General Headquarters presided over by the Chief of Army Staff General Pervez Musharraf on Wednesday.
Twenty-nine Brigadiers have been promoted to the rank of Major Generals. The decision to this effect was taken at a meeting held at General Headquarters presided over by the Chief of Army Staff General Pervez Musharraf on Wednesday.
The Central Board of Revenue (CBR) is analysing the last three years'' data on agriculture income tax collected from provinces. This is being done to figure out the estimated tax in case the CBR collects the levy on behalf of the federal government from a
The Central Board of Revenue (CBR) is analysing the last three years' data on agriculture income tax collected from provinces. This is being done to figure out the estimated tax in case the CBR collects the levy on behalf of the federal government from al
The Central Board of Revenue (CBR) is analysing the last three years' data on agriculture income tax collected from provinces. This is being done to figure out the estimated tax in case the CBR collects the levy on behalf of the federal government from al
On Wednesday, the BRIndex30 opened at 11,317.66 in the green zone, and closed at 11,342.51, with a net positive change of 24.85 points, or 0.22 percent. It saw intra-day high of 11,442.62 and low of 11,295.47. The volume amounted to 195,946,400, which was
On Wednesday, the BRIndex30 opened at 11,317.66 in the green zone, and closed at 11,342.51, with a net positive change of 24.85 points, or 0.22 percent. It saw intra-day high of 11,442.62 and low of 11,295.47. The volume amounted to 195,946,400, which was
The news regarding PSO privatisation on Wednesday gave a positive outlook to the share market from the beginning of the trading session and the KSE-100 index breached the 10,600 points mark.
The news regarding PSO privatisation on Wednesday gave a positive outlook to the share market from the beginning of the trading session and the KSE-100 index breached the 10,600 points mark.
The news regarding PSO privatisation on Wednesday gave a positive outlook to the share market from the beginning of the trading session and the KSE-100 index breached the 10,600 points mark.
The Inter-Provincial Coordination Committee (IPCC) has directed all four provinces to cooperate with the Central Board of Revenue (CBR) for collection and enforcement of capital value tax on buying and selling of immovable properties.
Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (January 17, 2007).
The Inter-Provincial Coordination Committee (IPCC) has directed all four provinces to cooperate with the Central Board of Revenue (CBR) for collection and enforcement of capital value tax on buying and selling of immovable properties.
The Inter-Provincial Coordination Committee (IPCC) has directed all four provinces to cooperate with the Central Board of Revenue (CBR) for collection and enforcement of capital value tax on buying and selling of immovable properties.
The 16-inch diameter SSGC's Indus Left Bank Pipeline (ILBP) was ruptured due to powerful explosions near Rattar Village, Tehsil Faiz Gung, District Khairpur, says a press release of SSGC issued here on Wednesday.
The 16-inch diameter SSGC's Indus Left Bank Pipeline (ILBP) was ruptured due to powerful explosions near Rattar Village, Tehsil Faiz Gung, District Khairpur, says a press release of SSGC issued here on Wednesday.
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
The 'Whirling Dervishes' of the Ministry of Culture and Tourism of Turkey tonight won the hearts of Karachi by performance of the 'Mevlavi Sema.' It was highlighting the poetry and universal message of toleration and accommodation of Islam as embodied in
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
The Privatisation Commission has received 10 Expressions of Interest (EoIs) and Statement of Qualification (SOQ) from the interested parties for Heavy Electrical Complex (HEC) bidding.
The Supreme Court issued notice to the Federal government and Wapda on the NWFP government''s petition for payment of its net hydel profit share from Tarbela dam here on Wednesday.
The Supreme Court issued notice to the Federal government and Wapda on the NWFP government's petition for payment of its net hydel profit share from Tarbela dam here on Wednesday.
Singapore bunker prices dropped on Wednesday, tracking losses in crude prices, while the differentials to fuel oil cargo nudged lower, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $264-$266 a tonne, while its differential to fu
The Supreme Court issued notice to the Federal government and Wapda on the NWFP government's petition for payment of its net hydel profit share from Tarbela dam here on Wednesday.
The Karachi Port handled 97,525 tonnes cargo including 79,131 tonnes import, 18,394 tonnes export cargo and 2,607 containers during last 24 hours ending at 0700 hours on Wednesday.
US Plains hard red winter wheat basis bids were steady to weaker on Wednesday with supplies seen more than adequate to meet nearby demand, merchants said. An influx of rail and truck wheat into the Wichita area pushed the basis there back 5 cents a bushel
Rising local prices induced by high cost of delivery to Lagos and a bigger-than-expected supply deficit and have caused a lull in the Nigerian cocoa market, traders said on Wednesday.
UK wheat exports picked up in November but are still running five percent below last season, customs data showed on Wednesday. Exporters shipped 263,596 tonnes of wheat overseas in November, up from 196,404 in October.
US spot corn and soyabean basis bids were flat to lower on Tuesday as elevators and processors were well-supplied after an increase in movement since Friday's futures rally, dealers said.
Winnipeg Commodity Exchange canola futures were pressured by farmer selling and by losses in allied US soya futures on Tuesday, traders said, with the nearby March contract ending 2 percent lower. Canola settled $4.00 to $7.40 per tonne lower, with March
Kenyan tea prices were mixed at this week's auction, with some top prices firming and most of the tea offered finding buyers, traders said on Wednesday. Mombasa-based Africa Tea Brokers (ATB) said 111,447 packages were offered, with 6,640 packages remaini
Wheat futures on the Chicago Board of Trade settled lower on Tuesday in a profit-taking setback from strong advances on Friday that were led by corn, traders said.
Corn futures on the Chicago Board of Trade closed mixed Tuesday, with nearby contracts higher after a 10-year top was reached but prices for all months ended well below the day's highs due to profit-taking, traders said.
Divergent trend was witnessed on the cotton market on Wednesday as some buyers took interest in the fresh deals, dealers said. The January vaida was unchanged at Rs 674.00 and that proved to be day's best at the same level. It shed Rs 3.00 to be day's low
Modest business was seen on the cotton market on Wednesday as mills stopped buying on expectations of rates may come down to their psychological level, dealers said. The Karachi Cotton Association (KCA) official spot rate unchanged at Rs 2,525, without up
Short supplies of cereals from the upcountry centres pushed the prices further higher on the grain market on Wednesday, dealers said. On the cereal side, moong Punjab was higher Rs 250 at Rs 4250. Masoor Australia followed suit and picked up Rs 200 to Rs
Benchmark March cocoa futures settled down 1.5 percent on Tuesday amid heavy volume and speculative liquidation, traders said. "I think the market is either shaking off slightly overbought conditions or, after the specs buy, who's left to buy it?" one tra
US arabica coffee futures climbed to an 11-day high on late-day fund buying on Tuesday, triggering light buy-stops, traders said. "There was some fund buying that got us some newer highs with some light stops touched off above 1.2175 (cents) that propelle
Hard red winter wheat futures at the Kansas City Board of Trade settled sharply lower on Tuesday as wheat divorced itself from the strength in corn, traders said. With a lack of export business this market needed to tumble," said one KCBT trader.
US copper futures settled nearly 1 percent lower on Tuesday, weighed down by concerns over demand growth for the industrial metal at a time when the macro economy is showing continual signs of slowing, analysts said.
US gold futures ended slightly lower in choppy trade on Tuesday, following strong gains from the previous session, as a higher dollar and tumbling oil prices prompted investors to sell the precious metal.
Tokyo gold futures edged higher on Wednesday as a weaker yen helped induce light short-covering on price dips, but they were generally capped as the cash price was held down by weaker energy prices.
Gold slipped on Wednesday after volatile trade in New York but bargain hunters appeared at lower levels and helped cushion the fall. Spot gold eased to $623.70/624.70 an ounce from $625.20/626.20 in New York late on Tuesday, when physical buying supported
Certificated cotton stocks deliverable against New York Board of Trade's (NYBOT) No 2 cotton futures contract as of January 12 totalled 532,101 (480-lb) bales, from 533,281 bales the previous session. There were 388 bales issued, 4,221 bales awaiting revi
Oil held above $51 on Wednesday after falling more than 3 percent the previous session to its lowest level in 20 months, but investors were wary about taking short positions that would test the psychologically key $50 mark.
Shanghai copper futures climbed 1.7 percent on Wednesday, tracking gains in London on Tuesday. But Shanghai futures could come under pressure as merchants take advantage of stronger prices for prompt metal and import large tonnages of London Metal Exchang
Indonesian palm oil prices were marginally lower on Wednesday dragged down by thin demand as players retreated from the market over losses in Malaysian crude palm oil futures. In North Sumatra's Medan, crude palm oil was traded at 5,370 rupiah ($0.589) pe