AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Print - 2012-11-18
Israeli air raids kill 10, destroy Hamas Headquarters in Gaza

Israeli air raids kill 10, destroy Hamas Headquarters in Gaza

Israeli strikes on Gaza killed 10 Palestinians and destroyed the Hamas government headquarters on Saturday as Israel called up thousands more reservists for a possible ground war. After Palestinian militants fired rockets at the heart of Israel on Friday,
Published 18 Nov, 2012 12:00am
Turkey, Egypt place onus on Israel in Gaza fighting

Turkey, Egypt place onus on Israel in Gaza fighting

Egypt and Turkey put the onus on Israel Saturday to end the fighting around Gaza as Turkish Prime Minister Recep Tayyip Erdogan visited Cairo a day after Washington urged both key governments to pressure the Palestinians. Erdogan's visit comes amid a flur
Published 18 Nov, 2012 12:00am
Turkey, Egypt place onus on Israel in Gaza fighting

Turkey, Egypt place onus on Israel in Gaza fighting

Egypt and Turkey put the onus on Israel Saturday to end the fighting around Gaza as Turkish Prime Minister Recep Tayyip Erdogan visited Cairo a day after Washington urged both key governments to pressure the Palestinians. Erdogan's visit comes amid a flur
Published 18 Nov, 2012 12:00am
US, Russia reach draft deal on hot-rolled steel trade

US, Russia reach draft deal on hot-rolled steel trade

The US Commerce Department on Friday said it had reached a draft agreement with the Russian government to revise a 13-year-old deal governing imports of hot-rolled steel. The pact raises the minimum price at which Russian hot-rolled steel can be sold in t
Published 18 Nov, 2012 12:00am
US, Russia reach draft deal on hot-rolled steel trade

US, Russia reach draft deal on hot-rolled steel trade

The US Commerce Department on Friday said it had reached a draft agreement with the Russian government to revise a 13-year-old deal governing imports of hot-rolled steel. The pact raises the minimum price at which Russian hot-rolled steel can be sold in t
Published 18 Nov, 2012 12:00am
US, Russia reach draft deal on hot-rolled steel trade

US, Russia reach draft deal on hot-rolled steel trade

The US Commerce Department on Friday said it had reached a draft agreement with the Russian government to revise a 13-year-old deal governing imports of hot-rolled steel. The pact raises the minimum price at which Russian hot-rolled steel can be sold in t
Published 18 Nov, 2012 12:00am
Review petition: President's office political: government

Review petition: President's office political: government

The federation on Saturday filed a review petition against the Supreme Court verdict in Asghar Khan case contending that the office of the President of Pakistan is political. The Institution branch of the apex court, however, returned the petition as it w
Published 18 Nov, 2012 12:00am
Review petition: President's office political: government

Review petition: President's office political: government

The federation on Saturday filed a review petition against the Supreme Court verdict in Asghar Khan case contending that the office of the President of Pakistan is political. The Institution branch of the apex court, however, returned the petition as it w
Published 18 Nov, 2012 12:00am
ECP's request acceded: Judicial officers to carry out election duties

ECP's request acceded: Judicial officers to carry out election duties

The National Judicial Policy-Making Committee (NJPMC) on Saturday acceded to Election Commission of Pakistan's request for allowing appointment of judicial officers as district returning officers and returning officers in the next general election. Howeve
Published 18 Nov, 2012 12:00am
ECP's request acceded: Judicial officers to carry out election duties

ECP's request acceded: Judicial officers to carry out election duties

The National Judicial Policy-Making Committee (NJPMC) on Saturday acceded to Election Commission of Pakistan's request for allowing appointment of judicial officers as district returning officers and returning officers in the next general election. Howeve
Published 18 Nov, 2012 12:00am
No pressure from presidency or GHQ: NAB chief

No pressure from presidency or GHQ: NAB chief

Rampant corruption has collapsed the accountability system in the country, acknowledged Chairman of the National Accountability Bureau (NAB) Admiral Fasih Bokhari (Retd) on Saturday. Dismissing reports regarding pressure from various quarters, he said tha
Published 18 Nov, 2012 12:00am
No pressure from presidency or GHQ: NAB chief

No pressure from presidency or GHQ: NAB chief

Rampant corruption has collapsed the accountability system in the country, acknowledged Chairman of the National Accountability Bureau (NAB) Admiral Fasih Bokhari (Retd) on Saturday. Dismissing reports regarding pressure from various quarters, he said tha
Published 18 Nov, 2012 12:00am
Muslims in Myanmar's Rakhine state face genocide: OIC

Muslims in Myanmar's Rakhine state face genocide: OIC

The world's top Islamic body called Saturday for the international community to protect Muslims in Myanmar's unrest-hit Rakhine state from "genocide" as US President Barack Obama readied for a landmark trip to the country. "We expect the United States to
Published 18 Nov, 2012 12:00am
Muslims in Myanmar's Rakhine state face genocide: OIC

Muslims in Myanmar's Rakhine state face genocide: OIC

The world's top Islamic body called Saturday for the international community to protect Muslims in Myanmar's unrest-hit Rakhine state from "genocide" as US President Barack Obama readied for a landmark trip to the country. "We expect the United States to
Published 18 Nov, 2012 12:00am
Indo-Pak disputes: compromise should come from India, says Musharraf

Indo-Pak disputes: compromise should come from India, says Musharraf

Former president Pervez Musharraf said on Saturday that India and Pakistan need to "bury the hatchet" and settle their differences to reduce poverty and ease tensions in the region. Musharraf fought against India in 1965 and 1971 wars and led Pakistan's a
Published 18 Nov, 2012 12:00am
Indo-Pak disputes: compromise should come from India, says Musharraf

Indo-Pak disputes: compromise should come from India, says Musharraf

Former president Pervez Musharraf said on Saturday that India and Pakistan need to "bury the hatchet" and settle their differences to reduce poverty and ease tensions in the region. Musharraf fought against India in 1965 and 1971 wars and led Pakistan's a
Published 18 Nov, 2012 12:00am
50 children killed in Egypt train-school bus crash

50 children killed in Egypt train-school bus crash

Fifty people, mostly children, were killed when a train slammed into a school bus as it crossed tracks in a city south of Cairo on Saturday, state media and officials said. All but two of the dead were children, aged around four to eight, said a senior se
Published 18 Nov, 2012 12:00am
50 children killed in Egypt train-school bus crash

50 children killed in Egypt train-school bus crash

Fifty people, mostly children, were killed when a train slammed into a school bus as it crossed tracks in a city south of Cairo on Saturday, state media and officials said. All but two of the dead were children, aged around four to eight, said a senior se
Published 18 Nov, 2012 12:00am
The Weather

The Weather

The weather report on Saturday (November 17, 2012) and the forecast for Sunday (November 18, 2012).

Published 18 Nov, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
THE RUPEE: slight fall in open market

THE RUPEE: slight fall in open market

Bears dominated the open currency market on Saturday as the rupee continued its fall against the dollar for the second day in a row, experts said. The rupee was down by 10-paisa against the dollar buying and selling at 96.60 and 96.80, they said. The rupe
Published 18 Nov, 2012 12:00am
THE RUPEE: slight fall in open market

THE RUPEE: slight fall in open market

Bears dominated the open currency market on Saturday as the rupee continued its fall against the dollar for the second day in a row, experts said. The rupee was down by 10-paisa against the dollar buying and selling at 96.60 and 96.80, they said. The rupe
Published 18 Nov, 2012 12:00am
World currencies and dollar

World currencies and dollar

Value of the dollar in terms of other world currencies as prevailing in the week ended Saturday (November 17, 2012).

Published 18 Nov, 2012 12:00am
Oil cake market rates

Oil cake market rates

Bullish trend was seen on the forward cottonseeds oilcake market on Saturday in process of trading, dealers said. The December vaida closed at Rs 444.00 and it opened with a gain of 30 paisa at Rs 444.30, they said. The January contract ended at Rs 892.60
Published 18 Nov, 2012 12:00am
Wait-and-see mood prevails ahead of PCGA report

Wait-and-see mood prevails ahead of PCGA report

The volume of business low on the cotton market on Saturday as leading participants were on the sidelines ahead of Pakistan Cotton Ginners Association (PCGA) fortnightly report, dealers said. Official spot rate was unchanged at Rs 5,925, they said. Daily
Published 18 Nov, 2012 12:00am
Canadian canola futures dip

Canadian canola futures dip

ICE Canadian canola futures slipped on Friday, reflecting weaker soybean prices and technical selling, and registered their third straight weekly loss. Soybeans fell to a five-month low on cancellation of China sales. Funds held an estimated January short
Published 18 Nov, 2012 12:00am
No change on grain market

No change on grain market

According to the Grain and Oilseeds Merchant Group release, not a single variation was witnessed on the wholesale grain and oilseeds market on Friday.
Published 18 Nov, 2012 12:00am
Cocoa storage suspended at New Jersey after Sandy

Cocoa storage suspended at New Jersey after Sandy

ICE Futures US said on Friday it has suspended a New Jersey storage facility operated by Continental Terminals until damage caused by Hurricane Sandy is repaired. The move came as the warehouse operator reported further water damage to certified cocoa at
Published 18 Nov, 2012 12:00am
US wheat futures end lower

US wheat futures end lower

US wheat futures fell on Friday, with the benchmark Chicago Board of Trade soft red winter wheat contract hitting its lowest level in more than four months as traders said the market was technically weak following a string of declines. For the week, the C
Published 18 Nov, 2012 12:00am
US corn futures high

US corn futures high

Chicago Board of Trade corn futures were higher on Friday on short-covering amid oversold technicals and following news the EPA would uphold an ethanol mandate, traders said. "I think we exhausted the selling that started after the USDA report. We've take
Published 18 Nov, 2012 12:00am
US firm to expand grain rail shipments

US firm to expand grain rail shipments

US agribusiness giant Cargill said on Friday it was investing $6.4 million at its grain elevator complex in Tuscola, Illinois, to expand rail service and ship more corn and soybeans to the US south-east and Gulf of Mexico ports. The project, to be complet
Published 18 Nov, 2012 12:00am
FOB Gulf corn, soya, wheat premiums hold steady

FOB Gulf corn, soya, wheat premiums hold steady

Export premiums for corn, soyabeans and wheat at the US Gulf Coast held steady on Friday in quiet trade after spiking earlier in the week on concerns that low water levels on the Mississippi River would disrupt the flow of grain from the Midwest, traders
Published 18 Nov, 2012 12:00am
Speculators slash long stakes in corn, soyabeans

Speculators slash long stakes in corn, soyabeans

Large speculators cut their bullish bets on corn and soyabeans as a broad selloff in grains brought the market near levels last seen before a drought sparked a rally that sent prices to record highs, regulatory data released on Friday showed.
Published 18 Nov, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 170,699 tonnes of cargo comprising 129,144 tonnes of import cargo and 41,555 tonnes of export cargo including 6,718 loaded & empty containers during the last 24 hours ended at 0700 hours on Saturday. As many as 6,718 containers co
Published 18 Nov, 2012 12:00am
S&P downgrades ABN Amro, Rabobank

S&P downgrades ABN Amro, Rabobank

Standard & Poor's downgraded Dutch banks ABN Amro, Rabobank and others Friday citing their exposure to a deeper economic slump in the Netherlands and the recession-hit eurozone. The ratings on the two large Dutch banks were cut by one notch each, to A fro
Published 18 Nov, 2012 12:00am
S&P downgrades ABN Amro, Rabobank

S&P downgrades ABN Amro, Rabobank

Standard & Poor's downgraded Dutch banks ABN Amro, Rabobank and others Friday citing their exposure to a deeper economic slump in the Netherlands and the recession-hit eurozone. The ratings on the two large Dutch banks were cut by one notch each, to A fro
Published 18 Nov, 2012 12:00am
UK retailer Comet to close 41 stores

UK retailer Comet to close 41 stores

British electrical retailer Comet will close 41 of its 236 stores by the end of November unless a buyer for the struggling chain can be found, the administrator running the firm said on Saturday. The move would lead to an unspecified number of job losses,
Published 18 Nov, 2012 12:00am
Despite severe drought, US farm income may hit record high

Despite severe drought, US farm income may hit record high

US farm and ranch income shrivelled this summer during the worst drought in half a century, according to three Federal Reserve regional banks that oversee Farm Belt lending, with livestock producers hardest hit as pastures withered and feed prices soared.
Published 18 Nov, 2012 12:00am
Santander plans to invest in Spain's bad bank

Santander plans to invest in Spain's bad bank

Spain's Santander plans to invest in the country's so-called bad bank in a sign that healthy domestic lenders are willing to support the entity created to clean up the aftermath of a 2008 property crash. "The bank plans on investing in the bad bank," a sp
Published 18 Nov, 2012 12:00am
Santander plans to invest in Spain's bad bank

Santander plans to invest in Spain's bad bank

Spain's Santander plans to invest in the country's so-called bad bank in a sign that healthy domestic lenders are willing to support the entity created to clean up the aftermath of a 2008 property crash. "The bank plans on investing in the bad bank," a sp
Published 18 Nov, 2012 12:00am
Eurozone, IMF make progress on Greece: Juncker

Eurozone, IMF make progress on Greece: Juncker

Eurozone governments and the International Monetary Fund (IMF) are making headway in settling a row over how to make Greece's debt manageable, Eurogroup President Jean-Claude Juncker said on Saturday. "I expect us to go the rest of the distance with the I
Published 18 Nov, 2012 12:00am
US pushing 'jobs diplomacy' after costly wars: Clinton

US pushing 'jobs diplomacy' after costly wars: Clinton

US foreign policy is being reoriented to promote American economic interests after Washington was tied down by two wars in the past decade, Secretary of State Hillary Clinton said Saturday. "We are shaping our foreign policy to account for both the econom
Published 18 Nov, 2012 12:00am
Treasury cannot delay tax hikes: Geithner

Treasury cannot delay tax hikes: Geithner

The US Treasury Department does not have the authority to delay the tax increases that will take effect at the end of the year if the White House and Congress are unable to stave off the "fiscal cliff," Treasury Secretary Timothy Geithner said on Friday.
Published 18 Nov, 2012 12:00am
Treasury cannot delay tax hikes: Geithner

Treasury cannot delay tax hikes: Geithner

The US Treasury Department does not have the authority to delay the tax increases that will take effect at the end of the year if the White House and Congress are unable to stave off the "fiscal cliff," Treasury Secretary Timothy Geithner said on Friday.
Published 18 Nov, 2012 12:00am
Wal-Mart files US labour charge against union

Wal-Mart files US labour charge against union

Wal-Mart Stores Inc is taking its first legal step to stop months of protests and rallies outside Walmart stores, targeting the union that it says is behind such actions. Wal-Mart filed an unfair labour practice charge against the United Food and Commerci
Published 18 Nov, 2012 12:00am
Barclays denies making 'illegal payment' for Saudi licence

Barclays denies making 'illegal payment' for Saudi licence

Barclays did not make any "illegal payment" to win a banking licence in Saudi Arabia, the bank said in a statement in response to a newspaper report last week that said US authorities were looking at whether improper payments were made.
Published 18 Nov, 2012 12:00am
SEC drops lawsuit against executive in financial crisis case

SEC drops lawsuit against executive in financial crisis case

The US Securities and Exchange Commission has dropped its civil lawsuit against a former executive of GSC Capital Corp who was accused of negligence for helping mislead investors on a J.P. Morgan Chase & Co mortgage-bond deal. The SEC's decision to drop t
Published 18 Nov, 2012 12:00am
Slovenians stage mass protest against budget cuts

Slovenians stage mass protest against budget cuts

Thousands of Slovenians rallied on Saturday to protest against government austerity policies denounced by trade unionists as a "neo-liberal virus that is spreading across Europe". Slovenia adopted the euro in 2007 and has been badly hit by the global cris
Published 18 Nov, 2012 12:00am
Iran university, UoP sign MoU

Iran university, UoP sign MoU

The University of Peshawar (UoP) and Shiraz University of Medical Sciences, Islamic Republic of Iran, on Saturday signed a Memorandum of Understanding for five years, aimed at jointly workout various fields of mutual interest and taking benefits from each
Published 18 Nov, 2012 12:00am
Upper parts receive light snowfall, rain

Upper parts receive light snowfall, rain

Upper parts of the country including Gilgit-Baltistan received first light rain and snow fall of the winter season early Friday. According to reports Naran and Saiful Malook Lake received light snow fall, making the temperature chilly. Six inches of snow
Published 18 Nov, 2012 12:00am
Energy shortages hurting industry: APTMA

Energy shortages hurting industry: APTMA

All Pakistan Textile Mills Association (APTMA) Punjab has threatened to hold strike in case the government failed to restore energy supply to textile industry within a week.
Published 18 Nov, 2012 12:00am
Qaim for completion of development schemes

Qaim for completion of development schemes

Sindh Chief Minister Syed Qaim Ali Shah on Saturday has stressed the concerned officials that Thar Coal and energy development, solar energy, wind energy, and other sources are being developed and promoted. He said that this while presiding over the meeti
Published 18 Nov, 2012 12:00am
Muharram processions in IHK: ban criticised

Muharram processions in IHK: ban criticised

APHC leader and the Chairman of Jammu and Kashmir Salvation Movement (JKSM), Zafar Akbar Butt has said that ban on the processions of Muharram by the occupation authorities was the worst form of human rights violations.
Published 18 Nov, 2012 12:00am
Saudi oil tanker accident: three bodies reach home

Saudi oil tanker accident: three bodies reach home

Bodies of three Pakistani nationals, who died in Saudi Arabia during gas tanker incident, reached Pakistan on Saturday. According to details, several Pakistani died and injured during gas tanker accident in Saudi capital city Riyadh on November 01. Bodies
Published 18 Nov, 2012 12:00am
Sierra Leoneans flock to vote with hope set on minerals boom

Sierra Leoneans flock to vote with hope set on minerals boom

Sierra Leoneans crowded polling stations on Saturday to vote in a close-fought election they hope can rebrand their poor, war-scarred West African state as an emerging democracy with the potential for fast growth from mining and oil. Election observers re
Published 18 Nov, 2012 12:00am
American contractor jailed in Cuba sues US, employer

American contractor jailed in Cuba sues US, employer

A US contractor jailed in Cuba after being convicted of crimes against the state sued the US government and the company that hired him for $60 million on Friday, blaming them for his imprisonment and not warning him about the risks he faced in the communi
Published 18 Nov, 2012 12:00am
Montreal elects first anglophone mayor in 100 years

Montreal elects first anglophone mayor in 100 years

Montreal, the world's second-largest francophone metropolis after Paris, elected an anglophone mayor Friday for the first time in a century. Michael Applebaum, 59, was voted in as interim mayor by fellow city councillors in a secret ballot after his prede
Published 18 Nov, 2012 12:00am
UN attack helicopters hit rebels in eastern Congo

UN attack helicopters hit rebels in eastern Congo

United Nations attack helicopters hit rebels positions in eastern Congo on Saturday after insurgents gained ground in heavy fighting, the UN said. The clashes to the south of the town Kibumba mean the rebels have got to within 30 km (18 miles) of Goma, th
Published 18 Nov, 2012 12:00am
Thousands turn out for reburial of Albania's king Zog

Thousands turn out for reburial of Albania's king Zog

Around 3,000 Albanians turned out Saturday to pay their respects to the late self-proclaimed king Zog I, whose remains were reburied with state honours after they were returned from France where he died in exile in 1961. "King Zog is an illustrious figure
Published 18 Nov, 2012 12:00am
Dell profit falls 47 percent hurt by slow tech spending

Dell profit falls 47 percent hurt by slow tech spending

Dell Inc's profit slid 47 percent, hurt by lower PC sales and weaker demand from large corporations, but the No 3 personal computer maker said it expects revenue to grow as much as 5 percent in the current quarter. Dell shares fell 2.3 percent in after-ho
Published 18 Nov, 2012 12:00am
Dell profit falls 47 percent hurt by slow tech spending

Dell profit falls 47 percent hurt by slow tech spending

Dell Inc's profit slid 47 percent, hurt by lower PC sales and weaker demand from large corporations, but the No 3 personal computer maker said it expects revenue to grow as much as 5 percent in the current quarter. Dell shares fell 2.3 percent in after-ho
Published 18 Nov, 2012 12:00am
US brings forward gas self-sufficiency forecast

US brings forward gas self-sufficiency forecast

The United States is bringing forward by several years the date at which it expects to become a net exporter of natural gas, the country's top energy adviser said on Tuesday in the latest boost for the government's energy independence agenda. The US Energ
Published 18 Nov, 2012 12:00am
Britain could lose £66 billion on bank bailouts: lawmakers

Britain could lose £66 billion on bank bailouts: lawmakers

Britain could lose the £66 billion ($105 billion, 82 billion euros) it spent on rescuing Royal Bank of Scotland and Lloyds Banking Group and made key errors over failed lender Northern Rock, lawmakers said on Friday. The Public Accounts Committee - a pane
Published 18 Nov, 2012 12:00am
Britain could lose £66 billion on bank bailouts: lawmakers

Britain could lose £66 billion on bank bailouts: lawmakers

Britain could lose the £66 billion ($105 billion, 82 billion euros) it spent on rescuing Royal Bank of Scotland and Lloyds Banking Group and made key errors over failed lender Northern Rock, lawmakers said on Friday. The Public Accounts Committee - a pane
Published 18 Nov, 2012 12:00am
AIG keen to sell bank, expand mortgages

AIG keen to sell bank, expand mortgages

American International Group Inc is planning to sell its savings and loan business as soon as a federal panel labels the insurance giant "too big to fail," its chief executive said on Monday. But even without a banking business, AIG is now looking more ag
Published 18 Nov, 2012 12:00am
AIG keen to sell bank, expand mortgages

AIG keen to sell bank, expand mortgages

American International Group Inc is planning to sell its savings and loan business as soon as a federal panel labels the insurance giant "too big to fail," its chief executive said on Monday. But even without a banking business, AIG is now looking more ag
Published 18 Nov, 2012 12:00am
Bats Chi-X Europe applies to FSA to become European exchange

Bats Chi-X Europe applies to FSA to become European exchange

Bats Chi-X Europe, the largest alternative trading venue in the region, has applied to the British regulator to be registered as a fully fledged exchange in a move to further boost competition for Europe's top stock markets. Bats Chi-X Europe, which is ow
Published 18 Nov, 2012 12:00am