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Print - 2015-07-05
'Scores' killed by Nigeria female suicide bombers

'Scores' killed by Nigeria female suicide bombers

Several female suicide bombers in north-east Nigeria blew themselves up amid panicked villagers fleeing a Boko Haram attack, killing scores, the army and witnesses said Saturday. The latest carnage in series of attacks that have claimed more than 200 live
Published 05 Jul, 2015 12:00am
'Scores' killed by Nigeria female suicide bombers

'Scores' killed by Nigeria female suicide bombers

Several female suicide bombers in north-east Nigeria blew themselves up amid panicked villagers fleeing a Boko Haram attack, killing scores, the army and witnesses said Saturday. The latest carnage in series of attacks that have claimed more than 200 live
Published 05 Jul, 2015 12:00am
After Sindh NAB initiates action against land mafia in Punjab

After Sindh NAB initiates action against land mafia in Punjab

The National Accountability Bureau (NAB) has initiated an action against the land mafia in Punjab like it had initiated in Sindh earlier. LDA has handed over the record of seven big housing schemes to the NAB as it demanded. The owners of these housing sc
Published 05 Jul, 2015 12:00am
After Sindh NAB initiates action against land mafia in Punjab

After Sindh NAB initiates action against land mafia in Punjab

The National Accountability Bureau (NAB) has initiated an action against the land mafia in Punjab like it had initiated in Sindh earlier. LDA has handed over the record of seven big housing schemes to the NAB as it demanded. The owners of these housing sc
Published 05 Jul, 2015 12:00am
Airbus and Mahindra to make military choppers in India

Airbus and Mahindra to make military choppers in India

European aerospace giant Airbus and India's Mahindra group have inked a deal to jointly build helicopters as the Indian government moves to upgrade the country's ageing military hardware, the companies said. The joint venture will be set up in the coming
Published 05 Jul, 2015 12:00am
Airbus and Mahindra to make military choppers in India

Airbus and Mahindra to make military choppers in India

European aerospace giant Airbus and India's Mahindra group have inked a deal to jointly build helicopters as the Indian government moves to upgrade the country's ageing military hardware, the companies said. The joint venture will be set up in the coming
Published 05 Jul, 2015 12:00am
Japan pledges $6.1 billion aid to ''Mekong Five'' in bid for influence

Japan pledges $6.1 billion aid to ''Mekong Five'' in bid for influence

Japan on Saturday pledged $6.1 billion in financial aid to the "Mekong Five" countries as it pushes infrastructure exports and courts influence in a region where rival China has an increasing presence. Prime Minister Shinzo Abe unveiled the pledge at a su
Published 05 Jul, 2015 12:00am
Japan pledges $6.1 billion aid to 'Mekong Five' in bid for influence

Japan pledges $6.1 billion aid to 'Mekong Five' in bid for influence

Japan on Saturday pledged $6.1 billion in financial aid to the "Mekong Five" countries as it pushes infrastructure exports and courts influence in a region where rival China has an increasing presence. Prime Minister Shinzo Abe unveiled the pledge at a su
Published 05 Jul, 2015 12:00am
Japan pledges $6.1 billion aid to 'Mekong Five' in bid for influence

Japan pledges $6.1 billion aid to 'Mekong Five' in bid for influence

Japan on Saturday pledged $6.1 billion in financial aid to the "Mekong Five" countries as it pushes infrastructure exports and courts influence in a region where rival China has an increasing presence. Prime Minister Shinzo Abe unveiled the pledge at a su
Published 05 Jul, 2015 12:00am
Vajpayee felt Gujarat riots were a 'mistake'

Vajpayee felt Gujarat riots were a 'mistake'

Former Indian prime minister Atal Bihari Vajpayee felt that the 2002 Gujarat riots had a bearing on the BJP's defeat in 2004 Lok Sabha polls, a book by former RAW chief A S Dulat has claimed. Congress latched on to Dulat's claims on Gujarat riots as well
Published 05 Jul, 2015 12:00am
Vajpayee felt Gujarat riots were a 'mistake'

Vajpayee felt Gujarat riots were a 'mistake'

Former Indian prime minister Atal Bihari Vajpayee felt that the 2002 Gujarat riots had a bearing on the BJP's defeat in 2004 Lok Sabha polls, a book by former RAW chief A S Dulat has claimed. Congress latched on to Dulat's claims on Gujarat riots as well
Published 05 Jul, 2015 12:00am
Edible items'' prices register increase

Edible items'' prices register increase

Prices of entire range of vegetables, beef and mutton registered increase last week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday. The survey observed that the butchers have increased the price
Published 05 Jul, 2015 12:00am
Edible items' prices register increase

Edible items' prices register increase

Prices of entire range of vegetables, beef and mutton registered increase last week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday. The survey observed that the butchers have increased the price
Published 05 Jul, 2015 12:00am
Edible items' prices register increase

Edible items' prices register increase

Prices of entire range of vegetables, beef and mutton registered increase last week as compared to the preceding week, reveals a survey conducted by Business Recorder here on Saturday. The survey observed that the butchers have increased the price
Published 05 Jul, 2015 12:00am
'NAP acknowledged by international organisations'

'NAP acknowledged by international organisations'

Spokesperson of the Ministry of Interior in a statement issued here on Saturday said that NAP is a national agenda and not the responsibility of a single department or ministry. The spokesperson said as a result of the NAP, terrorist activities in the cou
Published 05 Jul, 2015 12:00am
'NAP acknowledged by international organisations'

'NAP acknowledged by international organisations'

Spokesperson of the Ministry of Interior in a statement issued here on Saturday said that NAP is a national agenda and not the responsibility of a single department or ministry. The spokesperson said as a result of the NAP, terrorist activities in the cou
Published 05 Jul, 2015 12:00am
Musharraf challenges non-bailable warrants

Musharraf challenges non-bailable warrants

Former President General Pervez Musharraf (Retd) challenged non-bailable arrest warrants issued by an additional district and session judge in murder case of Lal Masjid cleric Abdul Rashid Ghazi in Islamabad High Court (IHC) on Saturday. On June 19, Judge
Published 05 Jul, 2015 12:00am
Musharraf challenges non-bailable warrants

Musharraf challenges non-bailable warrants

Former President General Pervez Musharraf (Retd) challenged non-bailable arrest warrants issued by an additional district and session judge in murder case of Lal Masjid cleric Abdul Rashid Ghazi in Islamabad High Court (IHC) on Saturday. On June 19, Judge
Published 05 Jul, 2015 12:00am
Hydel power charges: traders slam proposed increase

Hydel power charges: traders slam proposed increase

The business community of South Punjab has sharply reacted on the proposed increase in hydel power charges by 117 percent describing it detrimental to country's industry and manufacturing sector. President of Multan Chamber of Commerce and Industry (MCCI)
Published 05 Jul, 2015 12:00am
Al-Khair Foundation to install 40 RO plants

Al-Khair Foundation to install 40 RO plants

A 4 member delegation of Al-Khair Foundation, UK called on Sindh Chief Minister Syed Qaim Ali Shah and offered to install 40 Reverse Osmoses (RO) plants in Karachi to fill the water-shortage gap in the metropolis. CEO of Al-Khair Foundation Imam Qasim req
Published 05 Jul, 2015 12:00am
Salaries, pensions of KMC staff Disbursed

Salaries, pensions of KMC staff Disbursed

The salaries of the staff of the Karachi Metropolitan Corporation (KMC) as well as the pensions to retirees had been disbursed. This was announced by Administrator Karachi, Roshan Ali Shaikh on Saturday while addressing departmental heads at Civic Centre.
Published 05 Jul, 2015 12:00am
QWP prepares draft for joining KP government

QWP prepares draft for joining KP government

The Qaumi Watan Party (QWP) has prepared a draft for joining the Khyber Pakhtunkhwa government. Aftab Ahmed Khan Sherpao-led QWP has outlined a twelve-point agreement seeking guarantees from the provincial government if his party is to rejoin the PTI-led
Published 05 Jul, 2015 12:00am
McCain denounces US troop withdrawal plan in Afghanistan

McCain denounces US troop withdrawal plan in Afghanistan

Influential Senator John McCain said Saturday the complete withdrawal of US troops from Afghanistan by the end of 2016 would be a "serious mistake", as stretched local forces battle a resurgent Taliban. "I think the most serious mistake the US could make.
Published 05 Jul, 2015 12:00am
McCain denounces US troop withdrawal plan in Afghanistan

McCain denounces US troop withdrawal plan in Afghanistan

Influential Senator John McCain said Saturday the complete withdrawal of US troops from Afghanistan by the end of 2016 would be a "serious mistake", as stretched local forces battle a resurgent Taliban. "I think the most serious mistake the US could make.
Published 05 Jul, 2015 12:00am
Afghan parliament rejects Ghani choice for defence post

Afghan parliament rejects Ghani choice for defence post

Afghanistan's parliament on Saturday rejected President Ashraf Ghani's nominee for defence ministry, a crucial post that has sat vacant for months as stretched security forces fight to secure territory from a revitalised Taliban. In late May, the presiden
Published 05 Jul, 2015 12:00am
Afghan parliament rejects Ghani choice for defence post

Afghan parliament rejects Ghani choice for defence post

Afghanistan's parliament on Saturday rejected President Ashraf Ghani's nominee for defence ministry, a crucial post that has sat vacant for months as stretched security forces fight to secure territory from a revitalised Taliban. In late May, the presiden
Published 05 Jul, 2015 12:00am
Tax on banking transactions: Punjab traders to observe strike on July 7

Tax on banking transactions: Punjab traders to observe strike on July 7

Thousands of businesses could be hit by a general strike calling for a complete shutdown of shops throughout the Punjab on July 7 as the All Pakistan Anjuman-e-Tajran protests the implementation of a 0.6-percent withholding tax on cash withdrawal by non-f
Published 05 Jul, 2015 12:00am
Tax on banking transactions: Punjab traders to observe strike on July 7

Tax on banking transactions: Punjab traders to observe strike on July 7

Thousands of businesses could be hit by a general strike calling for a complete shutdown of shops throughout the Punjab on July 7 as the All Pakistan Anjuman-e-Tajran protests the implementation of a 0.6-percent withholding tax on cash withdrawal by non-f
Published 05 Jul, 2015 12:00am
Tax on banking transactions: Punjab traders to observe strike on July 7

Tax on banking transactions: Punjab traders to observe strike on July 7

Thousands of businesses could be hit by a general strike calling for a complete shutdown of shops throughout the Punjab on July 7 as the All Pakistan Anjuman-e-Tajran protests the implementation of a 0.6-percent withholding tax on cash withdrawal by non-f
Published 05 Jul, 2015 12:00am
NAB authorises inquiry against Akhtar brothers

NAB authorises inquiry against Akhtar brothers

The National Accountability Bureau (NAB) has authorised an inquiry against Haroon Akhtar Khan, special assistant to Prime Minister and his brother Ghazi Akhtar, Director and Chief Executive Officer of M/s Tandlianwala Sugar Mills (Pvt) Limited on a transa
Published 05 Jul, 2015 12:00am
NAB authorises inquiry against Akhtar brothers

NAB authorises inquiry against Akhtar brothers

The National Accountability Bureau (NAB) has authorised an inquiry against Haroon Akhtar Khan, special assistant to Prime Minister and his brother Ghazi Akhtar, Director and Chief Executive Officer of M/s Tandlianwala Sugar Mills (Pvt) Limited on a transa
Published 05 Jul, 2015 12:00am
NAB authorises inquiry against Akhtar brothers

NAB authorises inquiry against Akhtar brothers

The National Accountability Bureau (NAB) has authorised an inquiry against Haroon Akhtar Khan, special assistant to Prime Minister and his brother Ghazi Akhtar, Director and Chief Executive Officer of M/s Tandlianwala Sugar Mills (Pvt) Limited on a transa
Published 05 Jul, 2015 12:00am
NAB authorises inquiry against Akhtar brothers

NAB authorises inquiry against Akhtar brothers

The National Accountability Bureau (NAB) has authorised an inquiry against Haroon Akhtar Khan, special assistant to Prime Minister and his brother Ghazi Akhtar, Director and Chief Executive Officer of M/s Tandlianwala Sugar Mills (Pvt) Limited on a transa
Published 05 Jul, 2015 12:00am
Pakistan mourn Olympic exit

Pakistan mourn Olympic exit

Former greats and fans Saturday mourned the failure of Pakistan's hockey team to qualify for next year's Olympic Games, describing it the blackest day in the sport once dominated by the country. Pakistan lost to outsiders Ireland 1-0 in a classification m
Published 05 Jul, 2015 12:00am
Pakistan mourn Olympic exit

Pakistan mourn Olympic exit

Former greats and fans Saturday mourned the failure of Pakistan's hockey team to qualify for next year's Olympic Games, describing it the blackest day in the sport once dominated by the country. Pakistan lost to outsiders Ireland 1-0 in a classification m
Published 05 Jul, 2015 12:00am
Europe won''t let Athens go under, says Greek minister
Currency

Europe won''t let Athens go under, says Greek minister

Greece''s finance minister accused creditors of trying to "terrorise" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced out of the euro after a referendum on Sunday on bailout terms. After a week in w
Published 05 Jul, 2015 12:00am
Europe won't let Athens go under, says Greek minister
Currency

Europe won't let Athens go under, says Greek minister

Greece's finance minister accused creditors of trying to "terrorise" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced out of the euro after a referendum on Sunday on bailout terms. After a week in wh
Published 05 Jul, 2015 12:00am
Europe won't let Athens go under, says Greek minister
Currency

Europe won't let Athens go under, says Greek minister

Greece's finance minister accused creditors of trying to "terrorise" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced out of the euro after a referendum on Sunday on bailout terms. After a week in wh
Published 05 Jul, 2015 12:00am
Ministry for minimal use of ACs in next two days

Ministry for minimal use of ACs in next two days

Due to two days hot weather forecast by the Met Department, the Ministry of Water and Power has advised the electricity consumers across the country to adopt electricity conservation measures and specially minimise usage of Air Conditioners to avoid force
Published 05 Jul, 2015 12:00am
Ministry for minimal use of ACs in next two days

Ministry for minimal use of ACs in next two days

Due to two days hot weather forecast by the Met Department, the Ministry of Water and Power has advised the electricity consumers across the country to adopt electricity conservation measures and specially minimise usage of Air Conditioners to avoid force
Published 05 Jul, 2015 12:00am
Ministry for minimal use of ACs in next two days

Ministry for minimal use of ACs in next two days

Due to two days hot weather forecast by the Met Department, the Ministry of Water and Power has advised the electricity consumers across the country to adopt electricity conservation measures and specially minimise usage of Air Conditioners to avoid force
Published 05 Jul, 2015 12:00am
NTDC enhances transmission capacity: Abid

NTDC enhances transmission capacity: Abid

The National Transmission and Despatch Company (NTDC) has enhanced its transmission capacity by 6,120 minimum vectoring altitude at a cost of Rs 29,045 million by completing its projects during 2013-15. Minister of State for Water and Power Abid Sher Ali,
Published 05 Jul, 2015 12:00am
NTDC enhances transmission capacity: Abid

NTDC enhances transmission capacity: Abid

The National Transmission and Despatch Company (NTDC) has enhanced its transmission capacity by 6,120 minimum vectoring altitude at a cost of Rs 29,045 million by completing its projects during 2013-15. Minister of State for Water and Power Abid Sher Ali,
Published 05 Jul, 2015 12:00am
NTDC enhances transmission capacity: Abid

NTDC enhances transmission capacity: Abid

The National Transmission and Despatch Company (NTDC) has enhanced its transmission capacity by 6,120 minimum vectoring altitude at a cost of Rs 29,045 million by completing its projects during 2013-15. Minister of State for Water and Power Abid Sher Ali,
Published 05 Jul, 2015 12:00am
Prime Minister for completing Quaid Solar Power Project by April 2016

Prime Minister for completing Quaid Solar Power Project by April 2016

Prime Minister Nawaz Sharif has directed the authorities that Quaid-e-Azam Solar Power Project (QASPP) should be completed by April 2016, to enable the country to meet energy shortage at the earliest. PM Nawaz Sharif expressed views while chairing a meeti
Published 05 Jul, 2015 12:00am
Prime Minister for completing Quaid Solar Power Project by April 2016

Prime Minister for completing Quaid Solar Power Project by April 2016

Prime Minister Nawaz Sharif has directed the authorities that Quaid-e-Azam Solar Power Project (QASPP) should be completed by April 2016, to enable the country to meet energy shortage at the earliest. PM Nawaz Sharif expressed views while chairing a meeti
Published 05 Jul, 2015 12:00am
Prime Minister for completing Quaid Solar Power Project by April 2016

Prime Minister for completing Quaid Solar Power Project by April 2016

Prime Minister Nawaz Sharif has directed the authorities that Quaid-e-Azam Solar Power Project (QASPP) should be completed by April 2016, to enable the country to meet energy shortage at the earliest. PM Nawaz Sharif expressed views while chairing a meeti
Published 05 Jul, 2015 12:00am
YOUR RUPEE LAST MONTH
Currency

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (June 1 to 30, 2015)

Published 05 Jul, 2015 12:00am
The Weather

The Weather

The weather forecast is not being published as the Met Office did not update its Website on Saturday.

Published 05 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (July 04, 2015).

Published 05 Jul, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (July 04, 2015).

Published 05 Jul, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (July 04, 2015)

Published 05 Jul, 2015 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 (July 04, 2015).

Published 05 Jul, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 04, 2015).

Published 05 Jul, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (July 04, 2015).

Published 05 Jul, 2015 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 (July 04, 2015).

Published 05 Jul, 2015 12:00am
THE RUPEE: modest rise
Currency

THE RUPEE: modest rise

Firmness prevailed on the money market on Saturday as the rupee managed to recover modestly versus the dollar in the process of trading, dealers said.
Published 05 Jul, 2015 12:00am
THE RUPEE: modest rise
Currency

THE RUPEE: modest rise

Firmness prevailed on the money market on Saturday as the rupee managed to recover modestly versus the dollar in the process of trading, dealers said.
Published 05 Jul, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (July 04, 2015).

Published 05 Jul, 2015 12:00am
Canadian canola futures down

Canadian canola futures down

ICE Canadian canola futures settled lower Thursday on technical selling and profit-taking after most months posted life-of-contract highs, traders said. Canola was also pressured by setbacks in allied US soy markets on Wednesday while Canadian markets wer
Published 05 Jul, 2015 12:00am
Rapeoil prices lower in Europe ahead of USDA report

Rapeoil prices lower in Europe ahead of USDA report

Rapeseed oil prices were lower in Europe on Tuesday but the move looked likely to prove shortlived following a bullish report issued by the US Department of Agriculture after business had wound down for the day. EU rapeseed oil asking prices were cut by 1
Published 05 Jul, 2015 12:00am
Mixed patterns on grain market
Cotton

Mixed patterns on grain market

Prices moved both ways on the wholesale grain market on Saturday in the process of moderate trading, dealers said. On the seeds side, rapeseeds from Nawabshah and Mirpurlane low types gained Rs 25 to Rs 2000 and the best quality was up by Rs 50 to Rs 2050
Published 05 Jul, 2015 12:00am
US FOB Gulf corn, soyabean export premiums down

US FOB Gulf corn, soyabean export premiums down

Corn and soyabean export premiums at the US Gulf Coast declined on Thursday in tandem with eroding CIF barge basis values amid weak export demand and ample supplies, traders said. CIF corn and soyabean basis bids at the Gulf fell by 2 to 3 cents a bushel
Published 05 Jul, 2015 12:00am
Asian coffee: Vietnamese sales slow, Indonesia's exports up
Currency

Asian coffee: Vietnamese sales slow, Indonesia's exports up

Lower global prices have put a brake on coffee sales in Vietnam, prompting foreign buyers to switch to supplies of fresh beans from Indonesia, where the harvest is picking up pace, traders said on Thursday. High stocks in top robusta producer Vietnam and
Published 05 Jul, 2015 12:00am
Rice prices edge up in Vietnam, stable in Thailand

Rice prices edge up in Vietnam, stable in Thailand

Rice prices in Vietnam edged up slightly this week as exporters prepared to ship some of the grain before harvest peaks later this month, while foreign buyers eyed a tender in Thailand for cheaper deals, traders said on Wednesday.
Published 05 Jul, 2015 12:00am
Oil cake market rates
Cotton

Oil cake market rates

Both the deliveries were lower on the forward cottonseed oilcake market on Friday in the process of trading, dealers said. The July vaida closed at Rs 1838.50 and it opened with 50 paisa down at Rs 1838.00 in the early session, they said. The December vai
Published 05 Jul, 2015 12:00am
Cotton market: prices stable on low business activity
Cotton

Cotton market: prices stable on low business activity

Prices stable on the cotton market on Saturday in the process of slow trading, dealers said. The official spot rate was unchanged at Rs 4850, dealers said. Seed cotton prices in Sindh and Punjab were at Rs 2400-2450, they said. In the ready business, appr
Published 05 Jul, 2015 12:00am
Asia-North Europe container freight rates jump 60 percent

Asia-North Europe container freight rates jump 60 percent

Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 60.4 percent to $879 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index tol
Published 05 Jul, 2015 12:00am
VLCC rates set to fall on lower cargo volumes

VLCC rates set to fall on lower cargo volumes

Freight rates for very large crude carriers (VLCCs) on key Asian routes are set to slide next week on dearth of new open market cargoes and increased tonnage supply, brokers said. Charterers are pushing rates down by negotiating with individual owners in
Published 05 Jul, 2015 12:00am
US Midwest corn bids weaker

US Midwest corn bids weaker

US Midwest corn basis bids were weaker on Thursday after big farmer sales this week, merchants said. Soyabean basis bids were mostly steady along with soft red winter wheat bids. Farmer sales of grain, especially corn, continued but the pace slowed ahead
Published 05 Jul, 2015 12:00am
European vegoils prices little changed
Vegetable Oil

European vegoils prices little changed

Vegetable oil prices were little changed in Europe on Friday as a holiday in the United States and uncertainty about planned Indonesian export levies helped to slow trading. RBD palm olein for October-December shipment traded at $629 a tonne, up $4 from l
Published 05 Jul, 2015 12:00am
India oilseeds, soyaoil futures drop; sugar rises on exports

India oilseeds, soyaoil futures drop; sugar rises on exports

Indian oilseeds and soyaoil futures dropped on Friday on a strong rupee and as farmers accelerated sowing of summer-sown oilseeds. A strong rupee makes edible oil imports cheaper and also trims returns of oilmeal exporters. Indian farmers have cultivated
Published 05 Jul, 2015 12:00am
Asian naphtha intermonth premium at the lowest since January

Asian naphtha intermonth premium at the lowest since January

Asia's premium for front-month second-half August to second-half September fell 75 cents to $1 a tonne on Thursday, making this the lowest intermonth premium since January 19 as buyers were slow to commit to second-half August cargoes due to ample supplie
Published 05 Jul, 2015 12:00am
Brazil's Odebrecht to raise cane crush by 15 percent in 2015-16

Brazil's Odebrecht to raise cane crush by 15 percent in 2015-16

Brazil's sugar and ethanol group Odebrecht Agroindustrial, a subsidiary of Odebrecht SA, expects to crush 27.5 million tonnes of cane in the 2015/16 crop, a 15 pct increase from the previous year, the company said on Thursday in an earnings statement. Ode
Published 05 Jul, 2015 12:00am
French crop ratings down again, barley harvest accelerates

French crop ratings down again, barley harvest accelerates

The condition of French cereal crops mostly declined again in the week to June 29, farm office FranceAgriMer said on Friday, reflecting the impact of a prolonged dry spell in the European Union's top grain producer. Ratings remained generally above the le
Published 05 Jul, 2015 12:00am
US natural gas futures rise one percent

US natural gas futures rise one percent

US natural gas futures gained over 1 percent on Thursday before the US Fourth of July holiday weekend after the government reported a smaller than normal storage build, while next-day gas and power in the Northeast fell to record lows. Front-month gas fut
Published 05 Jul, 2015 12:00am
EU wheat futures fall on US market holiday

EU wheat futures fall on US market holiday

Euronext wheat futures fell on Friday as a US market holiday encouraged consolidation following a rally linked to hot, parched conditions in some west European crop regions. December milling wheat, the new-crop benchmark and most active contract on Eurone
Published 05 Jul, 2015 12:00am
Romania to send oil and gas royalty tax law to parliament

Romania to send oil and gas royalty tax law to parliament

Romania's government will send a draft law on royalty taxes for the oil and gas sector to parliament in September, Deputy Finance Minister Dan Manolescu told an energy seminar on Monday. The new tax system will likely include differentiated royalties for
Published 05 Jul, 2015 12:00am
Romania to send oil and gas royalty tax law to parliament

Romania to send oil and gas royalty tax law to parliament

Romania's government will send a draft law on royalty taxes for the oil and gas sector to parliament in September, Deputy Finance Minister Dan Manolescu told an energy seminar on Monday. The new tax system will likely include differentiated royalties for
Published 05 Jul, 2015 12:00am
China sugar imports triple to 520,000 tonnes in May

China sugar imports triple to 520,000 tonnes in May

China, one of the world's top sugar buyers, imported 520,000 tonnes of sugar in May, triple the amount a year earlier, as refiners sought to benefit from cheap global prices. The jump in volumes, which was widely expected after similar imports in April, h
Published 05 Jul, 2015 12:00am
China launches new oil and gas trading platform

China launches new oil and gas trading platform

A new trading platform for oil and gas was launched in China on Wednesday, state media reported, as the world's largest energy consumer looks to extend its influence over global commodity pricing. The Shanghai Petroleum and Natural Gas Exchange (SHPGX), w
Published 05 Jul, 2015 12:00am
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