Luxury carmaker Rolls-Royce expects to increase sales threefold in Asia this year and is pinning its hopes on a new model aimed at ultra-wealthy clients keen to ditch the chauffeur and do their own driving.
Luxury carmaker Rolls-Royce expects to increase sales threefold in Asia this year and is pinning its hopes on a new model aimed at ultra-wealthy clients keen to ditch the chauffeur and do their own driving.
Global merger and take-over activity fell by 24 percent by value last year from the 2008 level to 2.395 trillion dollars, (1.660 trillion euros), the lowest total for five years, a survey found on January 06. The fall would have been much bigger but for s
Depleted Serie A leaders Inter Milan produced a remarkable late comeback to beat struggling Siena 4-3 on Saturday having been 3-2 down with two minutes left. Massimo Maccarone twice put bottom side Siena ahead in Milan but two free kicks from Wesley Sneij
A second armed attack in the space of a year on a bus carrying a national sports team has highlighted the vulnerability of top-level athletes and the publicity such ambushes attract. Two members of Togo's soccer delegation died when gunmen attacked the te
The Australian government has ruled out ordering a boycott of this year's Commonwealth Games in India despite fresh warnings from security experts over the safety of visiting athletes.
Togo's government sent a plane Sunday to Angola to bring home its national football team from the violence-marred Africa Cup of Nations, after a rebel attack left at least two dead, the prime minister said. "We are awaiting the Togolese delegation today i
One woman was killed and 12 other people injured when a fire broke out on Saturday at the athlete's village under construction for this year's Commonwealth Games in the Indian capital. On Sunday, domestic media said that the blaze occurred at the resident
Separatists who claimed a deadly shooting on Togo's football team threatened new attacks in Angola, saying Sunday they had warned against hosting the Africa Cup of Nations in their province. The Forces for the Liberation of the State of Cabinda-Military P
Hosts Angola kick off the African Nations Cup finals against Mali on Sunday but the build-up to the opening game has been overshadowed by the gun attack on the Togo team bus. The match takes place at the November 11th stadium in Luanda, opened just weeks
No English team has won four successive top-flight titles and unless Manchester United return to their best soon, they are likely to miss out on the chance. United, champions for the last three seasons, are involved in the most open and unpredictable titl
Virat Kohli and Gautam Gambhir cracked half-centuries to help India enter the triangular one-day series final with an emphatic eight-wicket win over Sri Lanka here on Sunday. Kohli made a brisk 71 not out and Gambhir scored 71 as India surpassed Sri Lanka
Croatian Marin Cilic clinched a second straight Chennai Open crown on Sunday with a 7-6 7-6 victory over Switzerland's Stanislas Wawrinka. Second seed Cilic battled for two hours and 40 minutes to overcome the Swiss in a thrilling final to record his firs
American Andy Roddick survived a determined fightback from defending champion Radek Stepanek to win the Brisbane International final on Sunday. Roddick was forced to dig deep after throwing away a substantial second set lead before finally beating the Cze
The European Central Bank is widely expected to keep its key interest rate at a record low 1.0 percent on Thursday, with the focus on eurozone economic prospects and how the Greek debt crisis plays out, analysts said.
Bangladeshi firms are negotiating with buyers in Europe and elsewhere to export refined sugar, after demand and prices rose following poor production in India, a business leader said on Sunday.
Three Saudi banks posted fourth-quarter earnings below forecasts, hit by a slowdown in lending growth and higher provisions, with Saudi Hollandi Bank making its first quarterly loss in two years.
China's government will likely spend the full amount of its planned stimulus in 2010, the finance minister said Sunday, despite improvements in its economy and efforts to control bank lending. Xie said Beijing plans to spend 992.7 billion yuan ($145.3 bil
China overtook Germany as the world's top exporter after December exports jumped 17.7 percent for their first increase in 14 months, data showed Sunday, in another sign of China's rise as a global economic force. Exports for the last month of 2009 were $1
A badly battered Detroit was doing its best to put on a bright smile for the nation's premier auto show which opens Monday in the wake of one of the worst years in Motown's history. Hometown giants General Motors and Chrysler were forced to seek billions
China vowed on Sunday not to let foreign speculative investment affect the property market, the latest expression of official concern that real-estate prices are racing ahead too fast.
Iraq's Oil Ministry will finalise deals later this month with foreign energy firms for its Majnoon, Gharaf, Qayara and Najmah fields, a ministry official said on Sunday.
Taiwan's debt-ridden high-speed rail company has secured 12 billion US dollars in new funding as part of efforts to pay off earlier loans, an executive said Sunday. A 382 billion Taiwan dollar (12.0 billion US) syndicated loan, signed on Friday, will be u
Thousands of Venezuelans descended on local shops Saturday, hoping to buy imported goods before a currency devaluation ordered by President Hugo Chavez ramps up prices. The firebrand leftist leader announced Friday that non-essential imports would be subj
Russian oil continues to flow to Belarus and via Belarus to the European Union despite a failure by Moscow and Minsk to clinch a new oil supply deal at talks on Saturday, a Russian Energy Ministry spokeswoman said on Sunday.
Delta Air Lines and American Airlines will not be invited to invest in Japan Airlines until after a new management has been put in place, if ever, a person familiar with the matter said.
Cathay Financial, Taiwan's top financial holding firm, posted a forecast-beating quarterly profit due to a strong rally in Taiwan stocks, and it could have a better 2010 as a historic Taiwan-China deal takes effect this month.
Cathay Financial, Taiwan's top financial holding firm, posted a forecast-beating quarterly profit due to a strong rally in Taiwan stocks, and it could have a better 2010 as a historic Taiwan-China deal takes effect this month.
Qatar's economy grew 11 percent in 2009, mainly due its natural gas sector, Deputy Prime Minister Abdullah bin Hamad al-Attiyah was quoted as saying on Sunday.
An upgrade by ratings agency Moodys' boosted the Turkish lira and bonds on Friday although stocks slipped after industrial production data proved weaker than expected. Moody's upgraded Turkey by one notch to Ba2/stable from Ba3/positive, citing growing co
An upgrade by ratings agency Moodys' boosted the Turkish lira and bonds on Friday although stocks slipped after industrial production data proved weaker than expected. Moody's upgraded Turkey by one notch to Ba2/stable from Ba3/positive, citing growing co
Longer-dated euro zone government bonds fell on Friday with the market braced for a key US employment report, which is likely to set the market tone into next week. A Reuters survey of 84 economists on Thursday forecast US non-farm payrolls, due at 1330 G
Longer-dated euro zone government bonds fell on Friday with the market braced for a key US employment report, which is likely to set the market tone into next week. A Reuters survey of 84 economists on Thursday forecast US non-farm payrolls, due at 1330 G
Japanese government bond futures hit a two-month low on Friday, hurt by a weaker yen, higher share prices and questions about new finance minister Naoto Kan's commitment to fiscal discipline. Caution ahead of US jobs data due later in the day also weighed
Japanese government bond futures hit a two-month low on Friday, hurt by a weaker yen, higher share prices and questions about new finance minister Naoto Kan's commitment to fiscal discipline. Caution ahead of US jobs data due later in the day also weighed
Fast-rising Japanese shares may take a breather next week as worries grow that the market may be overheating, dealers said Friday. A weaker yen may keep sentiment generally upbeat, particularly if accompanied by fresh signs of a recovery in the US economy
Thai stocks are set to rise, fuelled by a return of foreign funds and expectations of stronger corporate profits, analysts said. Thai banks, due to report their fourth quarter performance this month, should also be firmer in the short term, they said.
The London stock market will look to extend a positive start to 2010 next week when investors absorb fresh economic data and results from supermarket group Tesco and mining giant Rio Tinto. London's benchmark FTSE 100 index ended the week on Friday at 5,5
Argentina's new debt-swap offer to US creditors is "unacceptable" and does not improve on a proposal it made five years ago, the president of the debt-holding group Argentina Task Force, Robert Shapiro, told AFP on Thursday.
Argentina's new debt-swap offer to US creditors is "unacceptable" and does not improve on a proposal it made five years ago, the president of the debt-holding group Argentina Task Force, Robert Shapiro, told AFP on Thursday.
Fresh from a 10-month rally in risky assets triggered by stimuli from policymakers, investors are hungry for evidence the world economy will keep going after the momentum fades and interest rates rise. The coming week should provide plenty of grist for th
Japan's outspoken new finance minister drove the yen lower Friday, boosting Japanese exporters as Asian stocks in general benefited from Wall Street's best finish since October 2008. A day after rattling markets with a call for a weaker currency, Naoto Ka
Wall Street opened 2010 riding momentum from last year's strong rally even as doubts emerge about the market in view of an uncertain pace of recovery from the brutal recession. In the coming week, the focus turns to the health of the American consumer wit
Thailand's deputy public health minister resigned on Sunday after being implicated in a corruption scandal over a $2.57 billion healthcare scheme. Manit Nopamornbodee was the second minister to quit over the high-profile scandal, which has embarrassed an
An Iraqi injured by the US private security firm once known as Blackwater will not accept a compensation deal for injuries he suffered after company employees opened fire in a crowded Baghdad square, he said Sunday.
A US peace envoy's suggestion that Washington could penalise Israel financially to force it into making concessions to the Palestinians drew Israeli ire on Sunday. "Under American law, the United States can withhold support on loan guarantees to Israel,"
A town in Jordan has decided not to rename one of its neighbourhoods after former Iraqi leader Saddam Hussein, an official confirmed Sunday - reportedly after pressure from Iraq and Kuwait. The municipal council of al-Mazar, 120 kilometres south of Amman,
US officials used their role as overseers of the country's immigrant detention centres to cover up evidence of mistreatment and deflect scrutiny by the media, The New York Times reported late Saturday.
British Prime Minister Gordon Brown Sunday dismissed a failed political plot against him as "silliness", and revealed he is turning to Nelson Mandela for inspiration ahead of the general election.
At least 66 Filipinos face the death penalty in China for drug smuggling, the Philippine foreign ministry said on Sunday. The ministry revealed the statistics following China's controversial December 29 execution of a British national convicted of drug sm
A number of female students wore surgical masks at Cairo University to circumvent a government ban on the full face veil in exams, an independent Egyptian newspaper reported on Sunday.
Dozens of al Qaeda jihadists are hiding out in a remote area of Yemen, a top official said, as President Ali Abdullah Saleh Sunday urged militants in the conflict-ridden country to lay down their arms.
Wouldbe arsonists in mostly Muslim Malaysia struck at a convent school and a fifth church on Sunday while church leaders called for calm in a row over Christians' use of the word "Allah" to refer to God.
The Arctic freeze gripping Europe left hundreds of people stuck in vehicles in deep snow or stranded at airports with scores of flights cancelled and power cuts to thousands of homes on Sunday.
Iran freed on Sunday a Syrian journalist working for Dubai television who was detained during anti-government protests two weeks ago, Tehran's chief prosecutor was quoted as saying.
Yemen's president said he is ready to open a dialogue with al Qaeda fighters who lay down their weapons and renounce violence, despite US pressure to crack down on the terror group.
World Peace Movement (WPM) would build an old home to provide multifarious services for the well-being of senior citizens, on self-help basis, in the Federal Capital soon. "Initially, about 40 elderly persons will be accommodated in the old home and its c
With the mercury going sharply down, people have started fully enjoying the winter foods like 'Doodh Jalebi', 'Gajar ka Halwa', chicken corn soup, Kashmiri tea and coffee. Although the stalls offering Kashmiri tea, chicken corn soup and sumptuous winter d
The head of Khaksar Tehrik Hamid-u-Din Mashriqi here on Sunday passed away due to cardiac arrest. He suffered from a heart attack during the day and was taken to Punjab Institute of Cardiology (PIC) where he breathed his last. Deceased leader has left beh
I want to share some simple tips about saving energy. Did you know that consuming less meat protects the climate, and that one kilogramme of beef less per week saves a lot of money and 700 kilogrammes of CO2 a year?
Gwadar Police, the other day took, into custody three employees of the American Consulate in Karachi and impounded their vehicle, bearing a fake number plate. No satisfactory justification was provided by the Consulate members. Earlier, five Americans wer
Last year ended on a tragic high note. Over 40 persons were killed in the Ashura procession's blast; thousands of shops were burnt in the arson, followed by looting. The response of the government and political parties that followed this black 28/12 is al
The 17-member full court declared the NRO to be an instrument void ab initio being ultra vires and in violation of various constitutional provisions. The said Ordinance was considered to be against fundamental rights and an effort to legalise corruption i
On the second death anniversary of his wife, President Asif Ali Zardari launched his fiery counter-attack against a brewing conspiracy to derail his government.
Democracy is not merely landing positions of pelf and power as a reward for electoral victory; it also obligates the victors to accept the responsibility for ensuring the rule of law and sanctity of fundamental rights.
The US dollar has been losing its lustre as a medium of global transactions and reserve currency for the last so many years due mainly to a very wide gap in the trade balance of the United States, its weakening currency in the international market and a m
Prime Minister Syed Yusuf Raza Gilani has expressed deep grief and sorrow over the death of the mother of Governor Balochistan Nawab Zulfiqar Ali Magsi and Sindh Minister for Food Nawab Nadir Khan Magsi. In a message, the Prime Minister conveyed his condo
Buying persisted on the cotton market despite soaring prices for apprehension hovering quality lint may vanish. But the conflict over the cotton yarn export between spinners and value added manufacturers gradually brought down the volume of business. The
Buying persisted on the cotton market despite soaring prices for apprehension hovering quality lint may vanish. But the conflict over the cotton yarn export between spinners and value added manufacturers gradually brought down the volume of business. The
Advisor to Sindh Chief Minister Sharmila Farooqui has said that government of Sindh is in process of finalising "Sindh Vision 2030" a long-term development framework that aims to identify sector-wise priorities and opportunities for sustainable developmen
Former Information Minister Senator Mohammed Ali Durrani, Chairman Pakistan Mutahida Kisan Mehaz, Muhammad Ayub Khan Mayo, President Kisan Board Pakistan, Sardar Zafar Hussan and various other farmers associations have demanded the government to take up t
Senior Provincial Minister Raja Riaz Ahmad has said major canals of Punjab were being closed on alternate days which would help provide water for electricity production and wheat. "Desilting will complete by January 31 at all cost and there will be no ext
Chief Minister Gilgit-Baltistan Syed Mehdi Shah on Sunday visited the grave of Shaheed Chairperson of PPP Mohtarma Benazir Bhutto in Garhi Khuda Bux. He along-with parliamentarians of Gilgit-Baltistan including Muhammad Jaffar, Muhamnmad Ismail, Imran Nad
Chief Minister Sindh, Syed Qaim Ali Shah, visited the residence of Senior Provincial Minister Raja Riaz Ahmad. Provincial Ministers, Haji Muhammad Ishaq, Farooq Ghurki, PPP Secretary General, Jahangir Badar, MPAs Makhdoom Irtaza, Nawab Ghorchani, PPP lead
The Federal Urdu University for Arts, Science and Technology (FUUAST) has extended the date for submission of examination forms to BL First and Second Year, LL.B. Final and LL.M. Part I and II. An announcement of the institution here said that the examina
British Foreign Minister David Miliband on Sunday felicitated Sindh Governor, Dr Ishrat-ul-Ebad Khan on completion of his seven years in the office of the Governor of Sindh province. The British Foreign Minister accompanying other British envoys called on
Punjab former Chief Minister Chaudhry Pervaiz Elahi addressing a press conference here Sunday has castigated the prevailing provincial government with making its over draft of State Bank of Pakistan swell to Rs 80 billion. He said this has happened due to
The results of Chief Minister Punjab Provincial Essay writing competition here on Sunday has been announced. As many as many as 540 students participated in these competitions from nine district of the Province. According to the details, In Primary level
Pakistan Muslim League-Q Chief Chaudhry Shujaat Hussain has said that country is safe at this moment and there is nothing to be worried about. He expressed these views while condoling to Justice Khalil-ur-Rehman Ramday over death of his wife, here on Sund
First Brain Angiography machine in Public sector has been procured for Lahore General Hospital (LGH) at a cost of Rs 90.5 million for which Chief Minister Punjab Mohammad Shahbaz Sharif had provided special grant. This machine would be installed in the ho
Beneficiaries of shoulder promotion will be promoted through the departmental promotion committee of Central Police Office Punjab as SP and DSP against vacant posts of their quota on merit.
All Pakistan Oil Mills Association (APOMA) has demanded of the government to immediately take back its decision to increase the gas and electricity prices, at once. Both the electricity and gas prices have increased up to 18 percent during the last three
The Supreme Court here on Monday (today) will resume hearing of cases regarding Rs9 billion Haris Steel Mills loan and chopping of tress in the execution of multi- million rupees gas supply project in Murree.
Punjab Chief Minister Mian Shahbaz Sharif has ordered to take action against such sugar mills which were not bringing the newly crushed sweetener in the open market to keep its prices high and manipulating the sugar estimates to create panic in the market
Three workers including a mechanic and a fitter were killed at Sheikhu Sugar mills, Sanawan in Muzaffargarh district on Sunday morning when they were repairing a cutter in the factory. As per details, the incident was happened in a Sugar Mill when the wor
Pakistan's ambassador to China Masood Khan on Sunday said that the stability of China and Pakistan are interconnected, as both the countries believe in peace and stability of the region.
All Balochistan Mobile Dealers Association has urged the government to give exemption from taxes to the traders affected from Ashura blast on MA Jinnah Road Karachi.
City District Nazim, Mian Faisal Mukhtar has said that the continuous load shedding of gas, electricity and the surge in price hike has made it impossible to survive in the recent circumstances.
Deputy Inspector General, City Traffic Police, Muhammad Usman Khattak on Sunday directed all SPs and DSPs traffic Lahore to check traffic violations especially lane violations causing great inconvenience to motorists.
The separate sessions of the both Houses of the Parliament would be held simultaneously on Monday and would discuss a number of important issues of national importance.
Federal Minister for Law Dr Babar Awan has said that no government ally was quitting coalition with the government, sources said on Sunday. Talking to media men at Lahore Airport, Babar Awan said that Karachi was the economic hub of the country and peace
A youth was buried alive for 21 days on the advice of a spiritual leader (Pir) in the rural area of Manawala, sources said on Sunday. Safdar Ali, 28, son of Muhammad Sharif, resident of Totanwali was directed by his spiritual teacher Pir Mian Lala of Tata
The district development committee, Khanewal, approved nine development schemes, costing Rs 101 million. DCO Khanewal Qazi Muhammad Ashfaq presided over the meeting while members of the committee and officers concerned were also present, said official sou
Condensed fog disrupted the life in Multan, Bahawalpur and Dera Ghazi Khan and all flights cancelled on Saturday and two flights cancelled on Sunday. The foggy conditions have also kept crippled the trains operations on yet another day here in southern Pu
Makhdoom Javed Hashmi, Central Senior Vice President of Pakistan Muslim League-N, has said, "We have a foreign minister and foreign ministry but our foreign policy was being dictated by United States which caused troubles with the neighbours like Iran."