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Print - 2014-11-10
THE RUPEE: sharp recovery

THE RUPEE: sharp recovery

A handsome recovery was witnessed on the currency market as the rupee posted fresh gains against the dollar amid shortened week, ended on 8 November 2014. In the interbank market, the rupee posted fresh gains of 55 paisa against the dollar for buying and
Published 10 Nov, 2014 12:00am
COAS opens strategic section of CTC in SWA

COAS opens strategic section of CTC in SWA

Chief of Army Staff General Raheel Sharif, on Sunday, inaugurated an important section of upcoming Central Trade Corridor (CTC) along the largest bridge in South Waziristan Agency. According to an ISPR press release issued here on Sunday, the CTC is a str
Published 10 Nov, 2014 12:00am
COAS opens strategic section of CTC in SWA

COAS opens strategic section of CTC in SWA

Chief of Army Staff General Raheel Sharif, on Sunday, inaugurated an important section of upcoming Central Trade Corridor (CTC) along the largest bridge in South Waziristan Agency. According to an ISPR press release issued here on Sunday, the CTC is a str
Published 10 Nov, 2014 12:00am
Catalonia defies Spain to hold independence vote

Catalonia defies Spain to hold independence vote

Nearly two million people had voted on Sunday as polling neared its close in Catalonia's disputed symbolic ballot on independence from Spain, the regional government said. By 6:00 pm (1700 GMT), two hours before polls were due to close, 1,977,531 voters h
Published 10 Nov, 2014 12:00am
Catalonia defies Spain to hold independence vote

Catalonia defies Spain to hold independence vote

Nearly two million people had voted on Sunday as polling neared its close in Catalonia's disputed symbolic ballot on independence from Spain, the regional government said. By 6:00 pm (1700 GMT), two hours before polls were due to close, 1,977,531 voters h
Published 10 Nov, 2014 12:00am
Futures spreads down by 388 basis points

Futures spreads down by 388 basis points

The futures spreads decreased by 388 basis points on week-on-week basis to 4.64 per cent end of the last week. Trading activities on the futures counter remained low as the average daily volumes declined by 32.3 per cent to 23.21 million shares as compare
Published 10 Nov, 2014 12:00am
Futures spreads down by 388 basis points

Futures spreads down by 388 basis points

The futures spreads decreased by 388 basis points on week-on-week basis to 4.64 per cent end of the last week. Trading activities on the futures counter remained low as the average daily volumes declined by 32.3 per cent to 23.21 million shares as compare
Published 10 Nov, 2014 12:00am
Futures spreads down by 388 basis points

Futures spreads down by 388 basis points

The futures spreads decreased by 388 basis points on week-on-week basis to 4.64 per cent end of the last week. Trading activities on the futures counter remained low as the average daily volumes declined by 32.3 per cent to 23.21 million shares as compare
Published 10 Nov, 2014 12:00am
Futures spreads down by 388 basis points

Futures spreads down by 388 basis points

The futures spreads decreased by 388 basis points on week-on-week basis to 4.64 per cent end of the last week. Trading activities on the futures counter remained low as the average daily volumes declined by 32.3 per cent to 23.21 million shares as compare
Published 10 Nov, 2014 12:00am
Bullish trend witnessed

Bullish trend witnessed

Sentiments at the Karachi share market remained positive during the last week, ending on November 7, 2014 and the benchmark KSE-100 index gained some 553 points (Week on Week) with an improved trading activity. During the last week, three trading sessions
Published 10 Nov, 2014 12:00am
Bullish trend witnessed

Bullish trend witnessed

Sentiments at the Karachi share market remained positive during the last week, ending on November 7, 2014 and the benchmark KSE-100 index gained some 553 points (Week on Week) with an improved trading activity. During the last week, three trading sessions
Published 10 Nov, 2014 12:00am
Bullish trend witnessed

Bullish trend witnessed

Sentiments at the Karachi share market remained positive during the last week, ending on November 7, 2014 and the benchmark KSE-100 index gained some 553 points (Week on Week) with an improved trading activity. During the last week, three trading sessions
Published 10 Nov, 2014 12:00am
Xi offers vision of 'Asia-Pacific dream'

Xi offers vision of 'Asia-Pacific dream'

President Xi Jinping offered the world a vision of a Chinese-driven "Asia-Pacific dream" on Sunday, as Beijing hosts a regional gathering that underlines its growing global clout. "We have the responsibility to create and realise an Asia-Pacific dream for
Published 10 Nov, 2014 12:00am
Xi offers vision of 'Asia-Pacific dream'

Xi offers vision of 'Asia-Pacific dream'

President Xi Jinping offered the world a vision of a Chinese-driven "Asia-Pacific dream" on Sunday, as Beijing hosts a regional gathering that underlines its growing global clout. "We have the responsibility to create and realise an Asia-Pacific dream for
Published 10 Nov, 2014 12:00am
Vote rigging commission: Imran seeks representation of ISI, MI

Vote rigging commission: Imran seeks representation of ISI, MI

Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan on Sunday said that personnel of the Inter-Services Intelligence (ISI) and Military Intelligence (MI) should sit on a commission headed by the Supreme Court to investigate vote rigging in the 2013 general
Published 10 Nov, 2014 12:00am
Vote rigging commission: Imran seeks representation of ISI, MI

Vote rigging commission: Imran seeks representation of ISI, MI

Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan on Sunday said that personnel of the Inter-Services Intelligence (ISI) and Military Intelligence (MI) should sit on a commission headed by the Supreme Court to investigate vote rigging in the 2013 general
Published 10 Nov, 2014 12:00am
Prime Minister to meet Merkel to enhance trade

Prime Minister to meet Merkel to enhance trade

Prime Minister Nawaz Sharif arrives in Berlin on Monday for a three-day visit focused on security and trade ties, officials said. Nawaz Sharif is scheduled to hold meetings with German leaders including Chancellor Angela Merkel, the prime minister''s poli
Published 10 Nov, 2014 12:00am
Prime Minister to meet Merkel to enhance trade

Prime Minister to meet Merkel to enhance trade

Prime Minister Nawaz Sharif arrives in Berlin on Monday for a three-day visit focused on security and trade ties, officials said. Nawaz Sharif is scheduled to hold meetings with German leaders including Chancellor Angela Merkel, the prime minister's polit
Published 10 Nov, 2014 12:00am
Prime Minister to meet Merkel to enhance trade

Prime Minister to meet Merkel to enhance trade

Prime Minister Nawaz Sharif arrives in Berlin on Monday for a three-day visit focused on security and trade ties, officials said. Nawaz Sharif is scheduled to hold meetings with German leaders including Chancellor Angela Merkel, the prime minister's polit
Published 10 Nov, 2014 12:00am
FDI declines by 17 percent in first quarter

FDI declines by 17 percent in first quarter

Foreign Direct Investment (FDI) has declined by 17 percent during the first quarter of the current fiscal year ((July-September 2014-15) as compared to the corresponding period of last fiscal year. Sources said that Finance Ministry in a presentation on r
Published 10 Nov, 2014 12:00am
FDI declines by 17 percent in first quarter

FDI declines by 17 percent in first quarter

Foreign Direct Investment (FDI) has declined by 17 percent during the first quarter of the current fiscal year ((July-September 2014-15) as compared to the corresponding period of last fiscal year. Sources said that Finance Ministry in a presentation on r
Published 10 Nov, 2014 12:00am
FDI declines by 17 percent in first quarter

FDI declines by 17 percent in first quarter

Foreign Direct Investment (FDI) has declined by 17 percent during the first quarter of the current fiscal year ((July-September 2014-15) as compared to the corresponding period of last fiscal year. Sources said that Finance Ministry in a presentation on r
Published 10 Nov, 2014 12:00am
The Weather

The Weather

The weather report on Sunday (November 09, 2014) and the forecast for Monday (November 10, 2014).

Published 10 Nov, 2014 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 05 to 07, 2014).

Published 10 Nov, 2014 12:00am
Two killed in Karachi

Two killed in Karachi

A man was killed which police claimed to have gunned down in an encounter here was allegedly associated with a banned Lyari gangster group. According to police and rescue sources, an accused of Lyari gangster group was killed in police encounter in Faqeer
Published 10 Nov, 2014 12:00am
Prospects dim for gold

Prospects dim for gold

GOLD @ $1177 means nothing has changed, as gold will soon resume its downtrend trend. There could be an argument that US growth may be on the up-move based on improving economic data, which could be temporary and the US economy may enjoy some more happy m
Published 10 Nov, 2014 12:00am
PIA losses shrink

PIA losses shrink

Apropos an analysis on PIA's financial results carried by Business Recorder in its analyses & Comments columns on October 31, this is heartening to note that the national airline has posted highly positive results: its losses dropped by 21 percent
Published 10 Nov, 2014 12:00am
Estonia aiming to be a global e-commerce superpower

Estonia aiming to be a global e-commerce superpower

The small Baltic country of Estonia hopes digital innovation will turn it into a global superpower in e-commerce by offering foreigners e-residency IDs, and opening the door to doing business online throughout the European Union. Estonia says it is the fi
Published 10 Nov, 2014 12:00am
Be nice to underlings

Be nice to underlings

The PML-N government is facing multiple challenges - political, economic and legal. Time, it seems is fast running out, with the sands of public's patience petering out if visible public discontent is taken as a barometer - expressed in spontaneous protes
Published 10 Nov, 2014 12:00am
Return of the IMF

Return of the IMF

The news has come from Dubai that the review has been successfully completed by the IMF after a hiatus of more than four months. This is a welcome development because on top of the current political uncertainty, Pakistan cannot afford greater economic unc
Published 10 Nov, 2014 12:00am
Pak offer to train Afghan army

Pak offer to train Afghan army

Not only the year-end departure of US-led coalition force begs of Kabul to reorient its foreign policy, in fact it is under way already given the newly-elected Ghani-Abdullah duo's admitted capacity to boost their country's regional context. Instead of Af
Published 10 Nov, 2014 12:00am
Hike in wheat support price

Hike in wheat support price

Already vexed by a number of unfavourable developments like rising poverty and unemployment, ordinary and poor households in the urban centres, the country should be prepared to take another hit as the government has increased the support price of wheat b
Published 10 Nov, 2014 12:00am
Speakers call for end to religious extremism

Speakers call for end to religious extremism

Writer and social activist, Jam Chandio has said that the issues of vulnerable communities including minorities witnessed a rise in the country because the State patronised and encouraged elements of radicalisation and extremism.
Published 10 Nov, 2014 12:00am
CNG stations closure in Punjab: APCNGA rejects SNGPL's decision

CNG stations closure in Punjab: APCNGA rejects SNGPL's decision

All Pakistan CNG Association (APCNGA) has rejected the decision of Sui Northern Gas Pipelines Limited (SNGPL) to close CNG stations across Punjab on the pretext of excessive load on the system. In a statement issued here on Sunday, chairman APCNGA Pervaiz
Published 10 Nov, 2014 12:00am
Killing of Christian couple condemned

Killing of Christian couple condemned

Special prayers were offered for Shehzad Masih and his wife in local churches on Sunday. Priests vehemently condemned the killing of Christian couple in Kot Radha Kishan (Kasur District).Various civil society network, Labour Party of Pakistan and Christia
Published 10 Nov, 2014 12:00am
TTP appoints new commander for Mohmand Agency

TTP appoints new commander for Mohmand Agency

The Tehreek-e-Taliban Pakistan (TTP) on Sunday announced the appointment of Commander Mansoor Mohmand as the group's new chief for Mohmand tribal region. Mohmand replaces Omar Khalid Khurasani, who had formed the splinter Tehreek-e-Taliban Pakistan Jamaat
Published 10 Nov, 2014 12:00am
Bachelor degree programmes: 13,885 candidates appear in SU entry test

Bachelor degree programmes: 13,885 candidates appear in SU entry test

As many as 13,885 candidates appeared in the pre-entry test for admissions to Bachelor degree programme for the academic year 2015 in seven centres set up by the University of Sindh Jamshoro in various cities of the province including SU Jamshoro, Badin,
Published 10 Nov, 2014 12:00am
Four-day workshop on journalists' safety concludes

Four-day workshop on journalists' safety concludes

Pakistan Press Foundation's (PPF) Secretary-General Owais Aslam Ali said on Sunday that over 50 journalists had become victim of targeted killings in recent years in Pakistan and there was always lack of proper investigation in our society when it came to
Published 10 Nov, 2014 12:00am
LUMHS moot on dental education on November 15

LUMHS moot on dental education on November 15

Pakistan's 1st ever Conference on Dental Education and the Inauguration of "Dentistry Skill Lab" is scheduled on 15th November 2014 at Liaquat University of Medical & Health Sciences Jamshoro. This historical conference with the inauguration of Dentistry
Published 10 Nov, 2014 12:00am
Groundbreaking of 'Sir Syed Tower'

Groundbreaking of 'Sir Syed Tower'

Aligarh Muslim University Old Boys' Association (AMUOBA) has achieved commendable success for securing its objectives. This was stated by the President of AMUOBA Engr Muhammad Adil Usman while addressing the annual general body meeting of the Association
Published 10 Nov, 2014 12:00am
Dar expects positive outcome of Donors Conference

Dar expects positive outcome of Donors Conference

Finance Minister Ishaq Dar has said that the successful negotiations with International Monetary Fund (IMF) on the 4th and 5th review bear testimony to the government'ss better economic performance "After concluding this task which paved the way for relea
Published 10 Nov, 2014 12:00am
PEW stresses policy measures to tackle rising youth population

PEW stresses policy measures to tackle rising youth population

Pakistan Economy Watch (PEW) on Sunday said that rising population of youth can become a global threat to political and economic stability if not tackled properly. The situation would be critical in the developing countries housing 85 percent of the world
Published 10 Nov, 2014 12:00am
Protest demonstration held to condemn killing of Christian couple

Protest demonstration held to condemn killing of Christian couple

Members of the Christian community, activists of civil society and political parties staged a joint protest demonstration outside the local press club on Sunday to condemn the killing of a Christian couple in Kot Radha Kishan Kasur district.
Published 10 Nov, 2014 12:00am
Comprehensive health plan chalked out for FATA

Comprehensive health plan chalked out for FATA

While the government has been striving to promote a healthy society through an effective network of facilities and services all over the tribal belt, the FATA Development planners associated with health sector have chalked out a comprehensive plan for imp
Published 10 Nov, 2014 12:00am
Essential items: rates remain firm despite cut in POL prices

Essential items: rates remain firm despite cut in POL prices

Prices of most of essential grocery items remained firm, as the recent cut in prices of petroleum products, didn't make any instant impact on daily usage commodities in wholesale and retail markets in provincial capital.
Published 10 Nov, 2014 12:00am
Woman and child among four killed in various incidents

Woman and child among four killed in various incidents

Four persons including a woman and child died and three other injured in different incidents in district Swat. According to Police a tractor bound for thrashing fell into ravine after the driver lost control on it in Totano Banda, a mountainous area of Te
Published 10 Nov, 2014 12:00am
Vice Admiral Khan Hasham appointed Vice Chief of Naval staff

Vice Admiral Khan Hasham appointed Vice Chief of Naval staff

President Mamnoon Hussain Sunday appointed Vice Admiral Khan Hasham Bin Saddique as Vice Chief of the Naval Staff. Vice Admiral Khan Hasham Bin Saddique was commissioned in the Operations Branch of Pakistan Navy in June 1980. He undertook initial training
Published 10 Nov, 2014 12:00am
Invasive species threaten global biodiversity

Invasive species threaten global biodiversity

Until a few decades ago, there were no beavers in Patagonia. That changed when 20 pairs of the tree-chewing creature were introduced with the hopes of creating a fur industry. Today, their numbers have exploded and they pose a serious threat to the South
Published 10 Nov, 2014 12:00am
Scientists find mechanism for spontaneous HIV cure

Scientists find mechanism for spontaneous HIV cure

French scientists on November 04 unveiled the genetic mechanism by which they believe two men were spontaneously cured of HIV, and said the discovery may offer a new strategy in the fight against AIDS. In both asymptomatic men, the AIDS-causing virus was
Published 10 Nov, 2014 12:00am
Small islands may amplify tsunamis

Small islands may amplify tsunamis

Small islands, long thought to be natural tsunami barriers for coast-dwellers, may in fact amplify the waves they are supposed to break, researchers warned on November 05. The findings are of concern, for many coastal communities have settled in areas tra
Published 10 Nov, 2014 12:00am
Colon cancer could surge among young: study

Colon cancer could surge among young: study

Colon cancer among people under 34 may nearly double over the next 15 years, raising new concerns about how to fight one of the most common and deadly cancers, researchers said on November 05. The rise in incidence in the younger population - blamed on li
Published 10 Nov, 2014 12:00am
Scientists devise family tree of world's insects

Scientists devise family tree of world's insects

They pollinate our flowers, vegetables and fruit. They spread deadly diseases. They flash in the summer night. They bore into the wood in our homes. And they serve as supper for birds, reptiles, amphibians and mammals - including people. Insects are seemi
Published 10 Nov, 2014 12:00am
Shift work leads to brain power decline: study

Shift work leads to brain power decline: study

People who work shifts for 10 years or more may suffer loss of memory and brain power, said a study on November 04 that also warned of safety concerns in high-risk jobs. The effects on brain function can be reversed, the team wrote in the journal Occupati
Published 10 Nov, 2014 12:00am
Genetics could influence whether Ebola will kill: study

Genetics could influence whether Ebola will kill: study

The Ebola virus is often deadly, but not always, and a study on mice suggested that genetics may play a role in the severity of the illness. At a high-security, state-of-the-art biocontainment laboratory in Hamilton, Montana, scientists infected mice with
Published 10 Nov, 2014 12:00am
Google going where no search engine has gone before: Amit Singhal

Google going where no search engine has gone before: Amit Singhal

Google search guru Amit Singhal believes the search-engine of the future will be "a perfect personal assistant" - knowing what you want, when you want it. Although people can travel to the moon's surface without leaving their armchairs, search-engine deve
Published 10 Nov, 2014 12:00am
Toronto Star to launch tablet edition next year

Toronto Star to launch tablet edition next year

Canada's largest circulation newspaper, the Toronto Star, announced Wednesday plans for a tablet edition in the new year, following in the footsteps of another major local newspaper. The Star, which boasts three million readers weekly, said it has reached
Published 10 Nov, 2014 12:00am
Yosemite OS X gives the Mac a stylistic overhaul

Yosemite OS X gives the Mac a stylistic overhaul

Following a large-scale beta test involving more than a million Apple users, the new Macintosh operating system OS X Yosemite has been launched, bringing OS X a lot closer to the look of iOS, the operating system used on iPhones and iPads. Yosemite has le
Published 10 Nov, 2014 12:00am
Microsoft makes Office free to rival mobile platforms

Microsoft makes Office free to rival mobile platforms

Microsoft announced Thursday it was making its Office software suite available for free to users of rival mobile operating systems from Apple and Google. Users of Apple iPads and other devices and those with Android tablets will be able to use the apps to
Published 10 Nov, 2014 12:00am
CBS launches 'always on' streaming news service

CBS launches 'always on' streaming news service

CBS on Thursday launched an on-demand streaming news service with live "anchored" news reports that can be viewed on any Web-connected device. The service, called CBSN, incorporates some of the features of cable news channels like CNN, along with a Netfli
Published 10 Nov, 2014 12:00am
New malware can infect iPhones via Mac computers

New malware can infect iPhones via Mac computers

A newly discovered family of malware has the capacity to infect iPhones via Apple computers, posing a security threat to devices that have been largely resistant to cybercriminals, researchers said. The researchers at Palo Alto Networks, a cybersecurity f
Published 10 Nov, 2014 12:00am
Amazon debuts Siri-style virtual assistant in speaker

Amazon debuts Siri-style virtual assistant in speaker

Internet retail titan Amazon on Thursday introduced a home virtual assistant always at the ready to answer questions, fetch news, play music or help with to-do lists. Cloud-based brains referred to as "Alexa" were built into Echo speakers and were seen as
Published 10 Nov, 2014 12:00am
Wireless calls between Verizon, AT&T on data network by 2015

Wireless calls between Verizon, AT&T on data network by 2015

Verizon Communications and AT&T Inc expect to be able to transmit wireless voice calls between the two carriers over high-speed data networks by 2015, the companies said on Monday. The technology is expected to improve the quality of calls and allow for v
Published 10 Nov, 2014 12:00am
Apple won't launch watch until spring 2015

Apple won't launch watch until spring 2015

Apple expects to launch its Apple Watch in spring 2015, which is later than many observers expected, news reports said Monday. In an internal company video, Apple Senior Vice President Angela Ahrendts told retail employees, "we're going into the holidays,
Published 10 Nov, 2014 12:00am
Beware those fake Whatsapp update adverts

Beware those fake Whatsapp update adverts

Android users need to be aware of malware making the rounds that poses as a service for updating Whatsapp. The pop-up ad encourages people to tap it and download a new version of the instant messaging programme or else lose access to the service, warns a
Published 10 Nov, 2014 12:00am
Adobe Digital Editions gets encrypted data transmission

Adobe Digital Editions gets encrypted data transmission

E-book readers who use Adobe Digital Editions should upgrade to version 4.0.1. The software update uses encrypted communication to send data between the programme and Adobe's servers. Previously, licensing and rights management information about copy-prot
Published 10 Nov, 2014 12:00am
Androids get Nokia's Here navigation for free

Androids get Nokia's Here navigation for free

Nokia is challenging Google in the navigation business, offering its Here Maps app for free in a version that has been adapted to the Android operating system. The Here Maps app has so far been available as a "beta" or test version and can be downloaded a
Published 10 Nov, 2014 12:00am
China proposes tougher rules on text message spam

China proposes tougher rules on text message spam

China has proposed stricter regulations on sending spam to mobile phones, including fines of up to 30,000 yuan ($4,907) for violations, the Ministry of Industry and Information Technology said. The ministry is seeking comment on the proposed rules, which
Published 10 Nov, 2014 12:00am
Siemens sees consolidation, not growth in 2015

Siemens sees consolidation, not growth in 2015

German engineering group Siemens resigned itself to another year of flat sales on November 06 after reporting that one-off charges hit profits again in the fourth quarter, this time for wind turbines. Siemens, one of Germany's biggest companies and a majo
Published 10 Nov, 2014 12:00am
SoftBank cuts FY profit target

SoftBank cuts FY profit target

SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its full-year profit forecast on bleak prospects for its US Sprint Corp business as it reported a 23 percent drop in second-quarter operating profit. In a statement
Published 10 Nov, 2014 12:00am
SoftBank cuts FY profit target

SoftBank cuts FY profit target

SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its full-year profit forecast on bleak prospects for its US Sprint Corp business as it reported a 23 percent drop in second-quarter operating profit. In a statement
Published 10 Nov, 2014 12:00am
HKEx posts six percent rise in third quarter profit

HKEx posts six percent rise in third quarter profit

Hong Kong Exchanges & Clearing Ltd (HKEx) posted a 6 percent rise in third-quarter profit as trading volumes climbed ahead of a proposed trading link with Shanghai, but said it did not know when the delayed scheme would launch. The world's second-largest
Published 10 Nov, 2014 12:00am
HKEx posts six percent rise in third quarter profit

HKEx posts six percent rise in third quarter profit

Hong Kong Exchanges & Clearing Ltd (HKEx) posted a 6 percent rise in third-quarter profit as trading volumes climbed ahead of a proposed trading link with Shanghai, but said it did not know when the delayed scheme would launch. The world's second-largest
Published 10 Nov, 2014 12:00am
AstraZeneca quarterly profits fall

AstraZeneca quarterly profits fall

British pharmaceuticals group AstraZeneca announced on November 06 a slump in quarterly profits, in part on higher investment costs, but raised its outlook for full-year revenues. Net profit tumbled by 80 percent to $254 million dollars (203 million euros
Published 10 Nov, 2014 12:00am
AIG beats third quarter estimates

AIG beats third quarter estimates

Insurer American International Group on November 03 reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations. After-tax operating income jumped 23 percent from a year earlier. Chief Execu
Published 10 Nov, 2014 12:00am
Singapore Airlines half-year profit down 55.5 percent

Singapore Airlines half-year profit down 55.5 percent

Singapore Airlines said on November 06 its half-year net profit plunged 55.5 percent, weighed by heavy losses in budget carrier affiliate Tiger Airways, and warned of a challenging outlook despite falling fuel prices. The flag-carrier, considered a bellwe
Published 10 Nov, 2014 12:00am
Acer posts third consecutive quarterly profit

Acer posts third consecutive quarterly profit

Taiwan's struggling personal computer maker Acer said on November 06 it made a net profit of Tw$651 million ($21.38 million) in the three months to September, its third profitable quarter in a row. The company attributed the result to a good product mix,
Published 10 Nov, 2014 12:00am
Acer posts third consecutive quarterly profit

Acer posts third consecutive quarterly profit

Taiwan's struggling personal computer maker Acer said on November 06 it made a net profit of Tw$651 million ($21.38 million) in the three months to September, its third profitable quarter in a row. The company attributed the result to a good product mix,
Published 10 Nov, 2014 12:00am
Carlyle sees buyers' market as oil majors step up asset sales

Carlyle sees buyers' market as oil majors step up asset sales

Global oil majors are speeding up their exit from ownership of mature oil streams as tumbling oil prices and the increasing cost of delivering new projects forces them to free up capital, the head of Carlyle's global energy fund said.
Published 10 Nov, 2014 12:00am
Fierce Kvitova leads Czechs to Fed Cup title

Fierce Kvitova leads Czechs to Fed Cup title

Petra Kvitova handed the Czech Republic their third Fed Cup title in four years after beating Angelique Kerber in the final on Sunday to give her team an unbeatable 3-0 lead over Germany. Kvitova, the Wimbledon champion and world number four, beat 10th-ra
Published 10 Nov, 2014 12:00am
Volleyball federation sanctions Iran for barring women fans

Volleyball federation sanctions Iran for barring women fans

The international volleyball federation FIVB on Sunday said it will not allow Iran to host international events as long as women are banned from attending the game. The announcement comes a week after a British-Iranian women, Goncheh Ghavami, was jailed b
Published 10 Nov, 2014 12:00am
Rosberg wins

Rosberg wins

Nico Rosberg kept alive his world title hopes when he won Sunday's Brazilian Grand Prix ahead of his Mercedes team-mate and champiionship leader Lewis Hamilton. Rosberg's triumph ended Hamilton's run of five straight wins and reduced the Briton's lead in
Published 10 Nov, 2014 12:00am
White guides Australia win Twenty20 series against Proteas

White guides Australia win Twenty20 series against Proteas

Australia won a thrilling final Twenty20 international against South Africa by two wickets with one ball to spare to take the series in Sydney on Sunday. Cameron White steered the Australians home with an unbeaten 41 off 31 balls to pip the Proteas in a t
Published 10 Nov, 2014 12:00am
Marquez breaks season record with 13th win

Marquez breaks season record with 13th win

MotoGP world champion Marc Marquez claimed a record 13th win of the season at the Valencia Grand Prix on Sunday ahead of Valentino Rossi and team-mate Dani Pedrosa. Marquez's victory lifted him past the previous record mark held by Australian rider Mick D
Published 10 Nov, 2014 12:00am
Swansea stun Arsenal as Newcastle soar

Swansea stun Arsenal as Newcastle soar

Arsenal missed the chance to go fourth in the English Premier League after Swansea came from behind to beat the Gunners 2-1 with two late goals at the Liberty Stadium on Sunday. Victory saw south Wales club Swansea leapfrog Arsenal into fifth place as Ars
Published 10 Nov, 2014 12:00am
West Indies withdrawal from India Tour damaging for cricket: ICC

West Indies withdrawal from India Tour damaging for cricket: ICC

Cricket's governing body on Sunday vowed to take steps to prevent a repeat of the damaging West Indies cancellation of their tour of India last month. The West Indies team left India four matches into a five-game one-day series after a pay dispute between
Published 10 Nov, 2014 12:00am
Ahmed Shehzad hits century as Pakistan dominate NZ in first Test

Ahmed Shehzad hits century as Pakistan dominate NZ in first Test

Opener Ahmed Shehzad hit a brilliant hundred to steer Pakistan to 269-1 at close on the opening day of the first Test against New Zealand in Abu Dhabi on Sunday. Shehzad was 126 not out for his third Test hundred - all made this year - but fellow opener M
Published 10 Nov, 2014 12:00am
Qatar fund may up bid for Canary Wharf owner Songbird

Qatar fund may up bid for Canary Wharf owner Songbird

Qatar Investment Authority (QIA) and Brookfield Property Partners may increase their 2.2 billion pound ($3.5 billion) take-over offer for Songbird Estates, majority owner of London's Canary Wharf, the Sunday Times reported.
Published 10 Nov, 2014 12:00am
Qatar fund may up bid for Canary Wharf owner Songbird

Qatar fund may up bid for Canary Wharf owner Songbird

Qatar Investment Authority (QIA) and Brookfield Property Partners may increase their 2.2 billion pound ($3.5 billion) take-over offer for Songbird Estates, majority owner of London's Canary Wharf, the Sunday Times reported.
Published 10 Nov, 2014 12:00am
G20 summit won't be a talkfest: Australian Prime Minister

G20 summit won't be a talkfest: Australian Prime Minister

Australian Prime Minister Tony Abbott Sunday vowed that the G20 leaders' summit this week "won't be a talkfest" as he hailed the economic meeting as the most important ever held in his nation. Abbott reiterated that the forum, which will see the leaders f
Published 10 Nov, 2014 12:00am