Kot Addu Power Company Limited (Kapco) was incorporated in April 1996, as a public limited company under the Companies Ordinance, 1984 with the objective of acquiring the power plant from Water and Power Development Authority (Wapda). Wapda built the Kot
Kot Addu Power Company Limited (Kapco) was incorporated in April 1996, as a public limited company under the Companies Ordinance, 1984 with the objective of acquiring the power plant from Water and Power Development Authority (Wapda). Wapda built the Kot
An unmanned Ariane rocket successfully put a cargo vessel into orbit on Sunday in Europe's first mission to carry supplies to the International Space Station (ISS), space officials said. The modified Ariane-5 launcher lifted off at 1.03 am (0403 GMT) from
Thailand's prime minister on Sunday vowed not to interfere in the trial of his old ally Thaksin Shinawatra, the ousted premier who is due in court this week to face corruption charges.
Suspected separatist rebels shot dead two men in separate incidents in Thailand's Muslim-majority south over the weekend, police said Sunday. A 27-year-old Buddhist who was working for the police was killed in a drive-by shooting in Narathiwat province on
A passenger train plowed into a bus packed with tourists in the eastern Argentine town of Dolores on Sunday, leaving 18 dead and 47 injured, police and hospital sources said. "It is a tragedy. We are giving priority to the most seriously injured," said Do
Lebanese MPs from both opposition and the government majority said on Sunday they expect a presidential vote, due in two days, to be delayed again, leaving the country once more without a president.
Senegal wants the international community to guarantee a peace accord between Chad and Sudan to end years of conflict between the two feuding neighbours at the centre of the Darfur crisis, President Abdoulaye Wade said.
Zimbabwe's President Robert Mugabe has signed into law a bill giving local owners the right to take majority control of foreign companies, including mines and banks, a government newspaper reported on Sunday.
An Indian arms broker who has been accused of taking kickbacks to help seal a defence deal with Israel seven years ago was arrested on tax evasion charges at the weekend, a report said Sunday.
Taking drugs like aspirin regularly could significantly reduce the risk of breast cancer, according to a new report published in Britain. The use of nonsteroidal anti-inflammatory drugs (NSAIDs) can cut the incidence of the cancer by 20 percent, said the
Depression and anxiety are associated with obesity and poor health behaviours like smoking, drinking, and inactivity, new research indicates. "Depression and anxiety are serious mental health conditions and without treatment may assume a chronic course,"
Testing men with prostate cancer for a substance called endoglin in their blood may help doctors know if the cancer has spread outside the gland to the lymph nodes, new research shows.
A bacterium with no known side-effects offers new hope for patients with recurring kidney stones. Identified as O formigenes, the bacterium was found to cut down up to 70 per cent of the risk associated with stones, which is fairly widespread in many coun
Sedentary older people at risk of developing diabetes showed significant improvement in the function of their insulin-making beta cells after just one week of exercise, University of Michigan researchers found.
A greenhouse emissions business group hopes to shape US climate change legislation to include broad use of international carbon offsets, like wind and solar power farms in developing countries, that are not currently in the leading climate bill.
Cigarette smokers have stiffer arteries than those who do not smoke. But these adverse blood vessel changes are reversible with smoking cessation. Researchers from Ireland found that smoking is a major risk factor not only for lung disease and cancer but
A new research from ancient sediment cores has indicated that a warming climate could make the world's arctic tundra far more susceptible to fires than previously thought.
Venturing into the preserve of science fiction and stage magicians, scientists in the United States on March 05 said they had made extraordinary progress towards reading the brain.
A survey of major German companies showed on Wednesday that only one percent are using Windows Vista, the new Microsoft operating system for personal computers introduced a year ago. The survey covered 359 companies based in Germany, Austria and Switzerla
Don't read to much into someone winking at you in Japan - a researcher says he has developed a system that will soon let people run their iPods with the flick of an eye. The system, comprising a single-chip computer and a couple of infrared sensors, monit
Microsoft Corp on Wednesday made available a test version of Internet Explorer 8, the next edition of its Web browser. At Microsoft's MIX08 online technology conference, Dean Hachamovitch, general manager of Microsoft's Internet Explorer team, provided a
Microsoft announced on Monday that it is expanding the range of business software it makes available as a service on the Internet. The move comes as people increasingly use writing, accounting, email and other programs online instead of buying packaged so
Nokia has launched a Beta version of Nokia Maps 2.0, which is taking its mapping and navigation experiences to the next level by enhancing its pedestrian navigation, adding multimedia city guides, offering satellite images, and sporting a redesigned user
Yahoo unveiled a bookmarking tool on Tuesday that lets users keep track of favourite Web topics on their cell phones. OnePlace, to be launched in the second quarter of this year, allows users to mark links, news feeds or search results that lead them to f
Americans would find it harder to part with their mobile phones than the Internet, television or landline telephones, according to a survey released on Wednesday.
The world's top computer maker Hewlett Packard is narrowing its research focus to Internet opportunities and its growing role as a software company. HP's 600 researchers in China, Japan, Israel, Russia, India, Britain and the United States will go from wo
Intel Corp has picked "Atom" as the new brand name for its latest microprocessor, the world's largest semiconductor company said. The Intel Atom processor is the name for the new family of low-power processors, the brains of digital devices, that will pow
A Thai high-school student failed to pass his college entrance exam last week after supervisors caught him glancing once too often at his Phone-One watch, media reports said on Wednesday.
Yahoo Inc and media conglomerate Time Warner Inc have stepped up talks to create an alternative to Microsoft Corp's offer to take over the Web company, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
The British Broadcasting Corporation's new Arabic-language cable and satellite television channel will be launched this week, bosses said on Monday, laying down the gauntlet to existing pan-Arab stations.
Cisco Systems Inc on Monday unveiled a new router that helps phone companies and large businesses handle growing Internet traffic faster, and said it won a deal to supply Japanese phone provider NTT Corp's next-generation network.
BlackBerry, the Canadian-based maker of pocket e-mail and calendar devices, plans to move beyond executives and encourage busy families to sign up to its service. "In the next five years, a huge number of mobile phone users are set to convert to smart pho
Apple on Thursday opened its iPhone software to outside developers in an effort to make the hot devices even more popular. Apple executives unveiled an iPhone software development kit created to let programmers craft hip or useful programs for the touch-s
Singapore has become the first country to launch a cutting-edge system allowing wireless internet access to personnel aboard ships that are up to 15 kilometres off the coastline, maritime officials said on Friday.
US financial giant Citigroup announced a radical overhaul of its troubled US mortgage business on March 06 aimed at stemming multibillion dollars losses triggered by America's housing slump.
German industrial group Siemens is in talks with several companies interested in buying its telecommunications systems unit SEN, which faces a major restructuring, its chief executive said on March 07.
The head of the Indonesia Stock Exchange said on March 06 he expects stock offerings to double to about $10 billion in 2008, from 44 trillion rupiah ($4.8 billion) last year, led by mining, plantations and property firms.
Serbia's political instability has made Western investors hesitant to participate in privatisation, and it's going to take major moves such as big-name IPOs to lure them, a senior official said on March 07.
Business software maker SAP expects double-digit growth in sales of software and software-related services in Germany and in Europe as a whole this year, its European sales chief told Reuters. SAP's software and related services sales grew by 7 percent in
Business software maker SAP expects double-digit growth in sales of software and software-related services in Germany and in Europe as a whole this year, its European sales chief told Reuters. SAP's software and related services sales grew by 7 percent in
The chief executive of European planemaker Airbus said on March 07 he was surprised at what he called a protectionist reaction in the United States to the award of a major US air refuelling tanker contract to a consortium including the European plane make
A successful Microsoft Corp bid for Yahoo Inc could slow the growth of their common rival, Google Inc, in Asia, where the world's biggest search engine still lags local players.
British rail and bus company Arriva Plc posted a 7 percent rise in annual profit on March 06 and said it would continue its expansion drive into continental Europe this year. Arriva, which provides more than 1 billion passenger journeys per year from oper
British rail and bus company Arriva Plc posted a 7 percent rise in annual profit on March 06 and said it would continue its expansion drive into continental Europe this year. Arriva, which provides more than 1 billion passenger journeys per year from oper
Toyota Motor Corp will not need to build a new car factory in Europe for the next few years as it can rely on some increase in imports from the stagnant Japanese market, a top executive said on March 05.
Kyle Mills ripped the top off England's batting and Chris Martin took two wickets in an over to bowl England out for 110 and give New Zealand a 189-run victory on the final day of the first test on Sunday.
Serena Williams won the 600,000-dollar WTA Bangalore Open on Sunday, giving the world number 11 her first title of the year on her maiden visit to India.
Cricket Australia (CA) have lodged a formal complaint with the Indian cricket board over comments made by Harbhajan Singh about Matthew Hayden and Adam Gilchrist. CA chief executive James Sutherland asked the Indian board to take action against Harbhajan
Nigerian Samuel Peter said he executed his plan to perfection on Saturday to win the WBC heavyweight title and set himself up for a clash with one of the Klitschko brothers. Peter unleashed a fierce barrage of power punches on Russian Oleg Maskaev at the
Under-performing England fast bowler Stephen Harmison was paid nearly 250,000 pounds (about 500,000 dollars, 325,000 euros) for just seven Test appearances last year, according to a report in Britain's Sunday Times.
FIFA president Sepp Blatter has urged the four British associations to select only English players for their joint team at the 2012 London Olympics to avoid "endless problems" in the future.
Suspected "terrorists" killed in a raid in north-west China's Muslim-dominated Xinjiang region earlier this year had been planning an attack on the Olympics, a top official said Sunday.
Iran's new coach Ali Daei confirmed Sunday that he is hoping to set up a football friendly against Scotland here at the end of March. Daei took over as coach during the week and is keen for the Islamic Republic to set up internationals to prepare for qual
The IOC may try to renegotiate its deal with FIFA over Olympic soccer to get the world's top players competing at future Games, IOC president Jacques Rogge said in an interview published on Sunday.
Graeme Smith smashed an unbeaten century to guide South Africa to an emphatic nine-wicket win in the first one-day international against Bangladesh here on Sunday. Smith, 27, hit 14 fours and a six in his 118-ball 103 as South Africa surpassed the victory
EADS wants to identify up to two acquisitions in the United States this year, according to an internal memo obtained by Reuters as the European aerospace group battles opposition in Congress to a US Air Force deal.
Bangladeshi traders said on Sunday that an Indian ban on exports of rice at less than $650 per tonne would cause further volatility in Bangladesh markets, where food grain prices have risen nearly 60 percent in the past six months.
German train drivers' union GDL and rail operator Deutsche Bahn moved closer to a deal on Sunday, a source close to the union said, raising hopes that a strike planned for Monday would be called off. "If it goes well, we will call off the strike," the sou
India needs to be vigilant about rising food prices but achieving a goal of 9 percent economic growth on average over the next few years is feasible, a top economic policy maker told Reuters in an interview.
Chinese officials defended on Sunday a new labour contract law that makes it tougher to fire employees and said it would not raise the cost of doing business, but conceded they faced resistance from reluctant employers.
Diamonds might be a girl's best friend, but for those buying jewellery at a time of record gold prices, a new trend for lightweight pieces using semi-precious stones and organic materials might be a welcome ally.
US economic performance has less impact on oil prices than in the past because growth in demand has recently come mainly from countries like China and India, a senior Iranian oil official said on Sunday.
Trade negotiators are entering a critical period in their efforts to wrap up a new world trade agreement by the end of the year. At stake is a pact to boost trade and growth in a world economy buffeted by financial crisis, as markets open for businesses f
The United Arab Emirates economy grew 7.4 percent in 2007 on the expansion of the manufacturing and construction sectors, as well as oil and gas, the Gulf state's ministry of economy said on Sunday.
Abu Dhabi Group has bought Georgian Standard Bank from the private equity group Salford Capital which was close to Georgian billionaire Badri Patarkatsishvili who died last month.
China will launch "the most luxurious train in the world" to ply the route from Beijing to Tibet's capital Lhasa, state media reported Sunday. However, a ride on the train, which will begin operations on September 1, will be about 20 times more expensive
Singapore share prices could rebound as investors search for bargains following recent declines but concerns over the lumbering US economy is likely to be a dampener, dealers said.
Thai share prices are expected to rise slightly as investors pin their hopes on an economic recovery after the new government announced a stimulus package, a dealer said Friday.
With economic news getting bleaker by the day and worries growing about credit markets seizing up, Wall Street investors have been scurrying for cover. The main US indexes have hit their lowest levels in a year and a half as fears about recession have ris
Taiwan share prices are expected to rise next week on hopes that the island's ties with rival China will improve after the March 22 presidential election, dealers said. Many investors were buying stocks betting that the Kuomintang, which favours better ti
India's share market is expected to fall as investors shy away following a steep drop in the major bourses since the start of the year, dealers said. The benchmark Mumbai stock exchange Sensex index has fallen more than 21 percent since the end of 2007.
Hong Kong share prices will face further volatility next week as the global credit crunch continues to bite, dealers said. The market dipped 3.6 percent on Friday on fresh credit concerns, and continues to be sensitive to bad news from the United States o
The movements of foreign stock markets, particularly in the United States, will determine how the Philippine market will perform in coming days, dealers said on Friday.
British investors, battered by US recession fears and record high oil prices, will seek higher ground but analysts predict more bad news in the form of a cut to government growth forecasts.
Australian share prices are expected to continue a downward slide as concerns about a US slowdown intensify and the global credit crunch continues to bite, a dealer said. For the week ending March 7, the benchmark S&P/ASX 200 plunged a massive 308.1 point
Japanese share prices are expected to remain volatile due to concerns about a stronger yen, the US credit crisis and the risk of a leadership vacuum at the central bank, analysts said on Friday.
Senior al Qaeda figure Jaber al-Banna, who has a five million dollar US bounty on his head, walked free from an appeal hearing in Yemen on Sunday after being granted bail on his own recognisance.
Democratic presidential hopeful Barack Obama trounced rival Hillary Clinton in Wyoming caucuses, but the two candidates continued Sunday their pitched battle for every nominating delegate.
Israel announced on Sunday plans to build up to 750 new homes in a Jewish settlement in the occupied West Bank in a move the Palestinians denounced as another blow to US-brokered peace talks.
Myanmar's military government has rejected a United Nations offer of observers for May's constitutional referendum and elections in 2010, redoubling concerns about the freedom and fairness of both polls.
Malaysia's premier said on Sunday he has no plan to step down after leading his ruling coalition to its worst election result in decades, despite calls by his influential predecessor for him to quit.
Four people were killed and several others wounded in separate attacks in Iraq on Sunday, Iraqi security officials said. Two people were killed and five others wounded in a car bomb attack against an Iraqi army and police patrol in the northern city of Mo
Indian authorities said on Sunday they were treating the death of a British girl as murder after a second autopsy revealed injuries that officials said were homicidal in nature. Police found Scarlet Keeling, a 15-year-old British tourist dead last month o
The US military said on Sunday a recent increase in bombings was not the start of a wider trend in Iraq and violence had decreased overall. US military spokesman Rear Admiral Greg Smith said he did not think recent security gains were being reversed.
Iran on Sunday told the West it would only hold talks over its disputed nuclear programme if world powers stopped threatening further punitive measures against Tehran. "The time of using the policy of the carrot and the stick has ended," Javad Vaeedi, a t
French President Nicolas Sarkozy faced his first electoral test since coming to power last May when voters cast ballots on Sunday in local elections expected to deal a blow to his centre-right UMP party.
Thousands of Afghan students blocked a highway and threatened attacks on foreign troops on Sunday in the latest protest against the reprinting of a blasphemous cartoon of the Holy Prophet Muhammad (SAW) in Danish papers.