National Refinery Limited (NRL) was incorporated as a public limited company at Karachi in 1963. Government of Pakistan took over the management of NRL under the Economic Reforms Order, 1972. Now the company is under the Ministry of Petroleum and Natural
National Refinery Limited (NRL) was incorporated as a public limited company at Karachi in 1963. Government of Pakistan took over the management of NRL under the Economic Reforms Order, 1972. Now the company is under the Ministry of Petroleum and Natural
Half a million Greek Cypriots vote for a new president next week in a cliff-hanger race which could influence Turkey's EU accession hopes and affect Nato-EU cooperation in trouble spots worldwide.
The popularity of Spain's ruling Socialists slid four weeks before general elections, a poll showed on Sunday, after the conservative opposition jumped on immigration as its new policy battle ground.
Standing in scorching heat, Mansa waits for the stone breakers to fill a large metal bowl with more than 30 kg (66 lb) of stones and places it on her head. She carries it about 100 metres, climbs two flights of stairs of a house under construction, emptie
Forty Tamil Tigers and six soldiers have been killed in a series of battles along the "border" that separates state from rebel-held territory in northern Sri Lanka, the military said on Sunday.
While many tourists were cancelling trips to Kenya, fearful of being caught up in its deadly political crisis, Tina and Craig Washbrook were planning their wedding there. Determined to prove that a country they adored was still safe to visit, despite the
The United Nations' top emergency relief official said Sunday that Kenya had a "very serious humanitarian problem" resulting from weeks of violence sparked by disputed elections. UN emergency relief co-ordinator John Holmes expressed hope that a political
Kenya's feuding parties on Sunday headed into a decisive week of negotiations on a compromise deal to end a crisis over disputed elections that has left more than 1,000 dead.
The head of Russia's Communist Party, a candidate in a presidential election next month, has said key industries should be "returned to the people," the party said in a statement on Sunday.
Bahraini Islamic investment bank Gulf Finance House has signed a memorandum of understanding with Libya on Sunday to build an economic zone for energy firms operating in the country, officials in Tripoli said.
Parts of London's trendy Camden Market area will be closed in coming days, police said Sunday, as a clean-up operation and probe began into a blaze that destroyed shops, bars and homes.
Services on two of three broken undersea cables providing Internet services to parts of the Middle East and Asia have been restored after both cables were repaired, an Indian-owned cable operator said on Sunday.
A new row over gas supply payments burst into the open on the eve of Ukrainian President Viktor Yushchenko's visit to Russia, threatening to complicate attempts to consolidate ties between Moscow and Kiev.
Iran will grant private motorists an additional 100 litres of gasoline for the Iranian New Year holidays, which start on March 19, nine months after the country introduced fuel rationing, media reported on Sunday. The world's fourth-largest oil producer l
State-controlled Abu Dhabi Future Energy Co (Masdar) said it would cost $22 billion to develop a "no-carbon" urban district it is planning in the United Arab Emirates. The district, Masdar City, on the edge of the city of Abu Dhabi, will eventually be hom
After forcing Europe's mobile operators to cut rates for making and receiving phone calls abroad, the European Union's top telecoms regulator has set her sights on prices for downloading and surfing the Web wirelessly.
Japanese Finance Minister Fukushiro Nukaga on Sunday ruled out any plan to introduce a stimulus package or tax cuts despite growing calls for concerted efforts to help combat a US mortgage crisis.
Tata Motors plans to introduce its ultra-cheap Nano car to the European market in four years' time, the head of compact car projects at Tata Motors told German magazine Focus.
Iraqi lawmakers on Sunday resolved a dispute over budget allocations for the autonomous region of Kurdistan, removing the main obstacle holding up passage of the 2008 budget, legislators said. A vote on the $48 billion budget was expected to take place on
British oil and gas firm Cairn Energy Plc will conduct further exploration work in Magnama off Bangladesh in the Bay of Bengal after it failed to find gas, a senior government official said on Sunday.
Israel will publish a tender at the end of February to build two solar power plants in the southern Negev desert, the National Infrastructure Ministry said on Sunday. Several international companies have expressed interest in participating in the tender,
President George W. Bush said on Sunday he would sign on Wednesday a $152 billion package aimed at boosting the US economy and ward off a recession. "I will be signing this bill Wednesday," Bush said in an interview on Fox News Sunday.
Top seed Anna Chakvetadze of Russia claimed her seventh WTA title on Sunday, beating Hungary's Agnes Szavay in three sets at the Paris Indoor Open. The 20-year-old from Moscow maintained her unbeaten record in finals as she won through 6-3, 2-6, 6-2 in 2
South Africa coach Mickey Arthur will remain on the national selection panel after the governing body said on Sunday its general council had no authority to remove him as a selector.
The Premier League are confident that their plan to play matches abroad will become reality after a positive initial reaction from the English FA, chief executive Richard Scudamore said on Sunday. "I think it will (happen)," he told BBC radio. "I think it
Polish teenager Agnieszka Radwanska survived a thrilling fightback by American Jill Craybas to win the Pattaya Open on Sunday and capture her second career title. Radwanska battled through a turbulent two-hour match to win 6-2 1-6 7-6, beating the determi
Bradley Shaw converted a penalty corner in the last minute of extra time to give New Zealand a 3-2 victory over Argentina and a place in the Beijing Olympic tournament on Sunday.
McLaren's Lewis Hamilton suffered racist abuse from Spanish Formula One supporters in China last year as well as at the recent Barcelona test, the head of the sport's governing body revealed on Sunday.
Australian Open champion Novak Djokovic suffered a dramatic on-court collapse as he failed in his brave bid to rescue Serbia's Davis Cup dream against Russia on Sunday.
Teenage fast bowler Ishant Sharma reinforced his status as one of the most exciting young talents in world cricket with a man-of-the-match performance to inspire his side to a five-wicket victory in a tri-series match against Australia at the MCG here on
Manchester City completed a first league victory at Old Trafford since 1974 and a season double over Manchester United on Sunday with a 2-1 victory thanks to goals from strikers Darius Vassell and new signing Benjani Mwaruwari.
Russian 1,500 metres runner Yelena Soboleva and the women's 4x800 relay team set world indoor records at the national championships on Sunday. Soboleva clocked three minutes 58.05 seconds to better her previous 1,500 world mark of 3:58.28 set in Moscow on
British athletes will have to sign a contract pledging not to speak out on politics or human rights in China to be able to take part in this year's Beijing Olympics, the British Olympic Association (BOA) said on Sunday.
Top Bangladeshi spinner Mohammad Rafique said Sunday he had received an offer to join Bollywood superstar Shah Rukh Khan's team for the inaugural Twenty20 Indian Premier League (IPL).
Improper use of iPods and MP3 that involve listening to your favourite music at high decibels could impair hearing, warn scientists. Researchers said that the music listening devices aren't inherently unhealthy and can cause hearing loss if used improperl
Mobile phone use does not raise the risk of brain tumours, a Japanese study suggests. The research is the first to look at the effects of hand set radiation levels on different parts of the brain, BBC reported.
The European Union and the aerospace industry launched on February 05 a project to pump 1.6 billion euros (2.3 billion dollars) into less polluting aviation technology over the coming seven years.
A daytime nap does not hamper sleep at night; instead it boosts a person's declarative memory performance. A nap has a beneficial effect on performance across multiple tasks, particularly for people who learned the material more strongly before sleep.
Heart patients will soon not have to contend with painful ECG leads, for a Doppler radar has been introduced to monitor the tiniest chest movements caused by breathing and even the beating of the heart.
Shedding pounds may soon be moving beyond exercise and a controlled diet, with vibrating machines, shoes and even clothing that may help in cutting that extra flab on your body.
A new study published on February 05 dealt a fresh blow to accusations that a triple vaccine against measles, mumps and rubella (MMR) is linked to autism. The investigation by British doctors comes nearly 10 years to the day since a paper, appearing in Th
German car buyers have become sensitised to climate change and are increasingly turning to cars with reduced greenhouse gas emissions, the president of the German automotive industry association said on February 06.
A one-week yoga programme reduced stress and anxiety among survivors of the tsunami that hit the Indian Ocean islands of Andaman and Nicobar in December 2004, researchers from India report.
Scientists in Britain claimed a first ON February 05, saying they have created a human embryo using DNA from one man and two women, which they say could help provide treatment for genetic diseases.
Many of Earth's climate systems will undergo a series of sudden shifts this century as a result of human-induced climate change, a study suggests. A number of these shifts could occur this century, say the report authors, BBC reported.
Conventional thinking among doctors who treat people with type 2 diabetes has been the lower the blood sugar levels, the better. Many doctors are now taking a second look.
Facebook on Thursday unveiled a Spanish version of its hot social-networking website and promised French and German language editions by spring. A software application made freely available lets people opt for Spanish instructions, alerts, news feeds and
McAfee Inc plans to introduce products this year to keep hackers away from the fastest-growing type of computers in corporate data centres: virtual servers.
China's new rules on online video and audio content banning violent, pornographic and fake material are aimed at promoting the Internet's "healthy" development, according to a government statement.
Google on Tuesday began marketing new online tools for protecting email from spam and other problems as it continued to encroach on the terrain of software king Microsoft. Google unveiled email security services built with technology from Postini, a start
Network administrators, the custodians of an organisation's passwords and privileges, may want to find another job as Google Inc helps business users set up and manage their own work groups.
The most established names in telecoms, Internet and media will come together next week in Barcelona for the Mobile World Congress, one of the world's biggest events for the mobile phone industry.
China's phone subscribers both mobile and fixed line are expected to grow by more than 60 million in 2008 to hit a total of 976 million, according to the Ministry of Information Industry.
Yahoo said on Monday that it will let the website Rhapsody handle its online subscription music service and concentrate on letting people access free songs on the Internet.
Safer Internet Day will be observed throughout the globe on February 12. The theme for Safer Internet Day 2008 is "Life online is what you make of it":
Telecom equipment maker Ericsson said on Thursday it had signed the Nordic region's largest managed services contract, a seven-year deal with Danish telecoms operator TDC that includes the transfer of 220 staff to the Swedish company.
Storied dot-com era magazine The Industry Standard, which closed in 2001 like many of the Internet companies it documented in its pages, re-launched on Monday as a website and a virtual tech futures market.
United States computer maker Dell Inc said on Friday that it was offering the majority of its consumer personal computers with Advanced Micro Devices (AMD) Inc chips through retail stores and by phone rather than the Internet.
Internet service in Egypt should be restored to normal by Monday after repairs to undersea cables are completed, an official at Egypt's state-controlled telecoms firm said on Friday.
Apple on Tuesday rolled out new iPhone and iPod Touch models with beefed-up memories and bumped-up prices. A premium iPhone with 16 gigabytes of memory and a 499-dollar price tag is now the top of that line, ahead of a model with half the memory and a pri
British chip designer ARM will show a prototype mobile phone based on Google's Android platform Monday at the Mobile World Congress wireless show in Barcelona, a source close to the company said on Thursday.
Intel announced on Monday that it has created a two-billion-transistor computer chip that will give supercomputers "a leap in performance and capabilities.
The credit crisis is boosting Islamic finance, a senior Credit Suisse banker said, luring investors in search of assets not tainted by the turmoil hitting other parts of financial markets.
An IPO of the real estate trust of Turkey's Albayrak will go ahead despite sharp stock market losses and the media-to-logistics group is looking at two more offerings next year, a senior company executive told Reuters.
An IPO of the real estate trust of Turkey's Albayrak will go ahead despite sharp stock market losses and the media-to-logistics group is looking at two more offerings next year, a senior company executive told Reuters.
Investors pulled $7.7 billion out of laggard Japanese hedge funds last year, more than a fifth of their investments, prompting a shake-up of the industry and draining the faltering economy of prized foreign capital.
Investors pulled $7.7 billion out of laggard Japanese hedge funds last year, more than a fifth of their investments, prompting a shake-up of the industry and draining the faltering economy of prized foreign capital.
Poor markets forced Islamic bank Kuveyt Turk to pull its IPO in Turkey this month, but prospects for Sharia-compliant banks remain bright as growth is set to outstrip conventional rivals. Turkey's Islamic banks, which do not charge or pay interest but rew
Anglo-Dutch food group Unilever said on February 07 its net profit for the three months to December plunged 63 percent from the comparable figure in 2006 to 787 million euros (1.14 billion dollars).
Anglo-Dutch food group Unilever said on February 07 its net profit for the three months to December plunged 63 percent from the comparable figure in 2006 to 787 million euros (1.14 billion dollars).
Societe Generale's (SocGen) survival as an independent bank has been thrown into doubt after it lost 4.9 billion euros ($7.2 billion) in a rogue trader scandal but France's number two lender may still escape the clutches of a predator.
Air Canada reported a fourth-quarter profit on February 07 helped by higher operating revenue. Canada's largest airline earned C$35 million, or 35 Canadian cents a share for the quarter, which included gains on foreign currency monetary items of C$20 mill
Air Canada reported a fourth-quarter profit on February 07 helped by higher operating revenue. Canada's largest airline earned C$35 million, or 35 Canadian cents a share for the quarter, which included gains on foreign currency monetary items of C$20 mill
ArcelorMittal, the world's largest steel maker, plans to begin building two steel plants at a combined cost of 18 billion dollars in two Indian states by year end, a report said on February 07.
Japan's Fujifilm Holdings Corp said on February 08 its net profit for the nine months to December more than doubled on robust sales of camera phone lenses and flat panel display materials.
Japan's Fujifilm Holdings Corp said on February 08 its net profit for the nine months to December more than doubled on robust sales of camera phone lenses and flat panel display materials.
Singapore share prices are expected to track the performance of US stocks next week amid signs the world's biggest economy was heading for a recession, dealers said.
US stock markets tumbled heavily in the week to Friday, giving Wall Street a fresh battering, despite Congress granting a green light to a giant economic stimulus package sought by the White House.
Thai share prices are likely to rise as investors hope that the kingdom's new government will introduce stimulus measures to shore up the economy, a dealer said on Friday.
Japanese shares face a test next week to see if they can hold above the key 13,000 points level against a backdrop of growing worries about the health of the US economy, dealers said on Friday. After dipping below 13,000 points briefly on Thursday, the be
Asian currencies ended the week mixed against the dollar as worries about the US economy persisted and after finance chiefs from the Group of Seven (G7) major industrialised nations met in Japan.
Malaysian share prices are expected to make little headway in the coming week, and are vulnerable to a downturn amid growing fears of a US recession, dealers said.
Indian share prices were seen slipping further in the absence of fresh overseas inflows and increasing investor worry over the global economic outlook, dealers said. They said uncertain global market trends could impact emerging markets such as India in c
Philippines share prices are expected to mark time next week as investors await fresh economic data from the United States which is courting a recession, dealers said. "Investors will be on a wait and see mode as they await more economic data from the US,
Taiwan share prices are expected to strengthen after the Lunar New Year holiday amid ample liquidity, as funds continue to flow on appreciation of the local currency, dealers said on Friday. A significant reduction in margin trade was also likely to stabi
Australian share prices are expected to remain volatile as concerns continue to mount about the US economy, dealers said on Friday. For the week ending February 8, the benchmark S&P/ASX 200 closed the week down 184.9 points or 3.2 percent at 5,658.
British inflation data is expected to play a key part in dealers' thinking next week as they seek to drive higher the London stock market, which has slumped on lingering fears of a US recession. London's FTSE 100 index of leading shares ended the week at
US Secretary of Commerce Carlos Gutierrez on Sunday, insisting that security in Iraq has improved, urged businesspeople to look at potential opportunities to invest in the war-ravaged country.
Prime Minister Ehud Olmert plans to use a visit to Germany beginning on Sunday to lobby for tougher measures to force Iran to curb a nuclear programme he has called a threat to Israel's existence.
Israel threatened on Sunday to target Hamas leaders in the Gaza Strip as pressure grew on the government to act after a boy hit by shrapnel in a rocket strike from the territory had a leg amputated.
Gunmen stormed a compound of an anti-Qaeda "Awakening" group in Iraq's northern Nineveh province on Sunday, sparking clashes that left at least 15 people dead, the US military said. In another incident a suicide car bombing killed 19 people and wounded 29
President George W. Bush said in an interview aired Sunday the United States had made headway convincing Middle East states that Tehran is a threat, and that sanctions are having an impact on Iran's economy.