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Print - 2017-10-08
End of a nightmare for women in Karachi?

End of a nightmare for women in Karachi?

Sindh Chief Minister Syed Murad Ali Shah has finally offered some consoling news to offer to terrified citizens in Karachi's Gulistan-e-Jauhar and Gulshan-e-Iqbal areas where a motorcycle rider has been stabbing women at random. He told reporters on Frida
Published 08 Oct, 2017 12:00am
The Kurdish vote

The Kurdish vote

Although Shia Iran and mainly Sunni Turkey have cool relations, they are on the proverbial same page insofar as the issue of Iraqi Kurds' drive for independence is concerned. The US, an adversary of Iran since the toppling of Shah Reza Pehlavi in the late
Published 08 Oct, 2017 12:00am
SBP sets December 31st deadline for online tax collection system

SBP sets December 31st deadline for online tax collection system

The State Bank of Pakistan (SBP), issuing the online tax payment procedure, has asked banks to make operational the online tax collection system across the country by 31st December 2017. The SBP, through FD Circular No.05/2017 issued Friday, has unveiled
Published 08 Oct, 2017 12:00am
SBP sets December 31st deadline for online tax collection system

SBP sets December 31st deadline for online tax collection system

The State Bank of Pakistan (SBP), issuing the online tax payment procedure, has asked banks to make operational the online tax collection system across the country by 31st December 2017. The SBP, through FD Circular No.05/2017 issued Friday, has unveiled
Published 08 Oct, 2017 12:00am
SBP sets December 31st deadline for online tax collection system

SBP sets December 31st deadline for online tax collection system

The State Bank of Pakistan (SBP), issuing the online tax payment procedure, has asked banks to make operational the online tax collection system across the country by 31st December 2017. The SBP, through FD Circular No.05/2017 issued Friday, has unveiled
Published 08 Oct, 2017 12:00am
SBP sets December 31st deadline for online tax collection system

SBP sets December 31st deadline for online tax collection system

The State Bank of Pakistan (SBP), issuing the online tax payment procedure, has asked banks to make operational the online tax collection system across the country by 31st December 2017. The SBP, through FD Circular No.05/2017 issued Friday, has unveiled
Published 08 Oct, 2017 12:00am
India exploiting its position as major US partner in region: survey

India exploiting its position as major US partner in region: survey

India continues to exploit its position as a major trade and strategic partner of the US to undermine Pakistan's contributions to fighting terrorism in the region. This was the outcome of an anecdotal survey carried out by Business Recorder. Howeve
Published 08 Oct, 2017 12:00am
India exploiting its position as major US partner in region: survey

India exploiting its position as major US partner in region: survey

India continues to exploit its position as a major trade and strategic partner of the US to undermine Pakistan's contributions to fighting terrorism in the region. This was the outcome of an anecdotal survey carried out by Business Recorder. Howeve
Published 08 Oct, 2017 12:00am
Bangladesh's mega refugee camp plan 'dangerous': UN official

Bangladesh's mega refugee camp plan 'dangerous': UN official

A top UN official said Saturday Bangladesh's plan to build the world's biggest refugee camp for 800,000-plus Rohingya Muslims was dangerous because overcrowding could heighten the risks of deadly diseases spreading quickly. The arrival of more than half a
Published 08 Oct, 2017 12:00am
Bangladesh's mega refugee camp plan 'dangerous': UN official

Bangladesh's mega refugee camp plan 'dangerous': UN official

A top UN official said Saturday Bangladesh's plan to build the world's biggest refugee camp for 800,000-plus Rohingya Muslims was dangerous because overcrowding could heighten the risks of deadly diseases spreading quickly. The arrival of more than half a
Published 08 Oct, 2017 12:00am
Opposition supporters rally across Russia, calling Putin to quit

Opposition supporters rally across Russia, calling Putin to quit

Police detained more than a hundred opposition activists on Saturday for taking part in a wave of anti-Kremlin protests across Russia in support of jailed opposition leader Alexei Navalny ahead of a presidential election in March. Under grey skies and int
Published 08 Oct, 2017 12:00am
Opposition supporters rally across Russia, calling Putin to quit

Opposition supporters rally across Russia, calling Putin to quit

Police detained more than a hundred opposition activists on Saturday for taking part in a wave of anti-Kremlin protests across Russia in support of jailed opposition leader Alexei Navalny ahead of a presidential election in March. Under grey skies and int
Published 08 Oct, 2017 12:00am
US embassy in Saudia issues warning after attack reports

US embassy in Saudia issues warning after attack reports

The American embassy in Saudi Arabia Saturday cautioned its citizens after reports of an attack around the royal palace in the Red Sea city of Jeddah. Saudi news websites reported that security forces had foiled an attack around the Al-Salam palace that l
Published 08 Oct, 2017 12:00am
US embassy in Saudia issues warning after attack reports

US embassy in Saudia issues warning after attack reports

The American embassy in Saudi Arabia Saturday cautioned its citizens after reports of an attack around the royal palace in the Red Sea city of Jeddah. Saudi news websites reported that security forces had foiled an attack around the Al-Salam palace that l
Published 08 Oct, 2017 12:00am
Maryam returns today to face court

Maryam returns today to face court

After about 20 days' stay in London, Maryam Safdar, the daughter of disqualified prime minister Nawaz Sharif, is set to return home today (Sunday) to appear before an accountability court in graft cases. Maryam, who left for London on September 18 - a day
Published 08 Oct, 2017 12:00am
Maryam returns today to face court

Maryam returns today to face court

After about 20 days' stay in London, Maryam Safdar, the daughter of disqualified prime minister Nawaz Sharif, is set to return home today (Sunday) to appear before an accountability court in graft cases. Maryam, who left for London on September 18 - a day
Published 08 Oct, 2017 12:00am
Prices of essential kitchen items witness decline

Prices of essential kitchen items witness decline

Prices of essential kitchen items, especially of vegetables, witnessed a decline during the past week against the preceding week, a survey conducted by Business Recorder revealed here on Saturday. Tomatoes price which last week reached all time hig
Published 08 Oct, 2017 12:00am
NAB chairman's slot: Suddle, Ishtiaq termed hot candidates

NAB chairman's slot: Suddle, Ishtiaq termed hot candidates

Prime Minister Shahid Khaqan Abbasi and Opposition Leader Khursheed Shah have begun consultations to fill the position of Chairman National Accountability Bureau (NAB) with as many as 11 potential candidates, however, Dr Shoaib Suddle and Ishtiaq Ahmad ar
Published 08 Oct, 2017 12:00am
NAB chairman's slot: Suddle, Ishtiaq termed hot candidates

NAB chairman's slot: Suddle, Ishtiaq termed hot candidates

Prime Minister Shahid Khaqan Abbasi and Opposition Leader Khursheed Shah have begun consultations to fill the position of Chairman National Accountability Bureau (NAB) with as many as 11 potential candidates, however, Dr Shoaib Suddle and Ishtiaq Ahmad ar
Published 08 Oct, 2017 12:00am
15 killed, 29 hurt in Dasht accident

15 killed, 29 hurt in Dasht accident

At least 15 people killed and 29 others sustained wounds in a collision between a bus and a wagon on National Highway near Dasht area of Mastung district on Saturday. According to levies sources, a passenger wagon was on way to Quetta from Sibi when a bus
Published 08 Oct, 2017 12:00am
15 killed, 29 hurt in Dasht accident

15 killed, 29 hurt in Dasht accident

At least 15 people killed and 29 others sustained wounds in a collision between a bus and a wagon on National Highway near Dasht area of Mastung district on Saturday. According to levies sources, a passenger wagon was on way to Quetta from Sibi when a bus
Published 08 Oct, 2017 12:00am
Admiral Zafar Mahmood assumes the command of PN

Admiral Zafar Mahmood assumes the command of PN

Admiral Zafar Mahmood Abbasi assumed the command of Pakistan Navy here at a ceremony on Saturday. Outgoing Naval Chief Admiral Zakaullah handed over the command stick to the new Chief of Naval Staff. A smartly turned-out contingent of Pakistan Navy presen
Published 08 Oct, 2017 12:00am
Admiral Zafar Mahmood assumes the command of PN

Admiral Zafar Mahmood assumes the command of PN

Admiral Zafar Mahmood Abbasi assumed the command of Pakistan Navy here at a ceremony on Saturday. Outgoing Naval Chief Admiral Zakaullah handed over the command stick to the new Chief of Naval Staff. A smartly turned-out contingent of Pakistan Navy presen
Published 08 Oct, 2017 12:00am
Three charged with plotting NY attacks for IS: US prosecutors

Three charged with plotting NY attacks for IS: US prosecutors

Three men have been arrested since May of last year on charges of plotting attacks in New York City for Islamic State in the summer of 2016, U.S. prosecutors said on Friday. The planned attacks, which were thwarted by law enforcement, included detonating
Published 08 Oct, 2017 12:00am
Three charged with plotting NY attacks for IS: US prosecutors

Three charged with plotting NY attacks for IS: US prosecutors

Three men have been arrested since May of last year on charges of plotting attacks in New York City for Islamic State in the summer of 2016, U.S. prosecutors said on Friday. The planned attacks, which were thwarted by law enforcement, included detonating
Published 08 Oct, 2017 12:00am
ISI personnel to visit PSM

ISI personnel to visit PSM

Eighteen officers of Inter Services Intelligence (ISI), the country''''s premier intelligence agency, are scheduled to visit headless Pakistan Steel Mills (PSM) on October 11, 2017 for a detailed briefing on the "collapsed" entity, well-informed sources t
Published 08 Oct, 2017 12:00am
ISI personnel to visit PSM

ISI personnel to visit PSM

Eighteen officers of Inter Services Intelligence (ISI), the country''s premier intelligence agency, are scheduled to visit headless Pakistan Steel Mills (PSM) on October 11, 2017 for a detailed briefing on the "collapsed" entity, well-informed sources tol
Published 08 Oct, 2017 12:00am
ISI personnel to visit PSM

ISI personnel to visit PSM

Eighteen officers of Inter Services Intelligence (ISI), the country's premier intelligence agency, are scheduled to visit headless Pakistan Steel Mills (PSM) on October 11, 2017 for a detailed briefing on the "collapsed" entity, well-informed sources told
Published 08 Oct, 2017 12:00am
ISI personnel to visit PSM

ISI personnel to visit PSM

Eighteen officers of Inter Services Intelligence (ISI), the country's premier intelligence agency, are scheduled to visit headless Pakistan Steel Mills (PSM) on October 11, 2017 for a detailed briefing on the "collapsed" entity, well-informed sources told
Published 08 Oct, 2017 12:00am
Foreign office reacts strongly to Mattis's statement

Foreign office reacts strongly to Mattis's statement

The Foreign Office Saturday reacted sharply to US Defence Secretary James Mattis statement on China Pakistan Economic Corridor (CPEC) being passes through "disputed territory", saying that it is development and connectivity project for the betterment of t
Published 08 Oct, 2017 12:00am
Foreign office reacts strongly to Mattis's statement

Foreign office reacts strongly to Mattis's statement

The Foreign Office Saturday reacted sharply to US Defence Secretary James Mattis statement on China Pakistan Economic Corridor (CPEC) being passes through "disputed territory", saying that it is development and connectivity project for the betterment of t
Published 08 Oct, 2017 12:00am
Part of OBOR passes through 'disputed territory': US Defence Secretary

Part of OBOR passes through 'disputed territory': US Defence Secretary

Speaking against China-Pakistan Economic Corridor (CPEC), United States Defence Secretary James Mattis on Saturday termed the project as controversial. US Defence Secretary James Mattis told the Senate Armed Services Committee that a part of One Belt One
Published 08 Oct, 2017 12:00am
Part of OBOR passes through 'disputed territory': US Defence Secretary

Part of OBOR passes through 'disputed territory': US Defence Secretary

Speaking against China-Pakistan Economic Corridor (CPEC), United States Defence Secretary James Mattis on Saturday termed the project as controversial. US Defence Secretary James Mattis told the Senate Armed Services Committee that a part of One Belt One
Published 08 Oct, 2017 12:00am
Trump to send lieutenants with 'tough message'

Trump to send lieutenants with 'tough message'

President Donald Trump will dispatch his top diplomatic and military advisors to Pakistan in the coming weeks, turning up the heat on a nuclear-armed ally accused of harbouring terror groups. Weeks after Trump angrily accused Islamabad of providing safe h
Published 08 Oct, 2017 12:00am
Trump to send lieutenants with 'tough message'

Trump to send lieutenants with 'tough message'

President Donald Trump will dispatch his top diplomatic and military advisors to Pakistan in the coming weeks, turning up the heat on a nuclear-armed ally accused of harbouring terror groups. Weeks after Trump angrily accused Islamabad of providing safe h
Published 08 Oct, 2017 12:00am
Afghan president due?

Afghan president due?

Afghan President Ashraf Ghani is expected to visit Pakistan in the near future amid reports the visit will take place on invitation of Pakistani Army Chief General Qamar Javed Bajwa. The Afghan Ambassador to Pakistan Hazrat Omar has told news outlets in A
Published 08 Oct, 2017 12:00am
Afghan president due?

Afghan president due?

Afghan President Ashraf Ghani is expected to visit Pakistan in the near future amid reports the visit will take place on invitation of Pakistani Army Chief General Qamar Javed Bajwa. The Afghan Ambassador to Pakistan Hazrat Omar has told news outlets in A
Published 08 Oct, 2017 12:00am
PM marks production enhancement at KGF

PM marks production enhancement at KGF

Prime Minister Shahid Khaqan Abbasi on Saturday formally marked the production enhancement at Kandhkot Gas Field (KGF) at a ceremony hosted by Pakistan Petroleum Limited (PPL). The Prime Minister while speaking at the event said the government is committe
Published 08 Oct, 2017 12:00am
PM marks production enhancement at KGF

PM marks production enhancement at KGF

Prime Minister Shahid Khaqan Abbasi on Saturday formally marked the production enhancement at Kandhkot Gas Field (KGF) at a ceremony hosted by Pakistan Petroleum Limited (PPL). The Prime Minister while speaking at the event said the government is committe
Published 08 Oct, 2017 12:00am
PM marks production enhancement at KGF

PM marks production enhancement at KGF

Prime Minister Shahid Khaqan Abbasi on Saturday formally marked the production enhancement at Kandhkot Gas Field (KGF) at a ceremony hosted by Pakistan Petroleum Limited (PPL). The Prime Minister while speaking at the event said the government is committe
Published 08 Oct, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (October 07, 2017) and the forecast for Sunday (October 08, 2017).

Published 08 Oct, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (October 07, 2017).

Published 08 Oct, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (October 07, 2017)

Published 08 Oct, 2017 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 (October 07, 2017).

Published 08 Oct, 2017 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 (October 07, 2017).

Published 08 Oct, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 07, 2017).

Published 08 Oct, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (October 07, 2017).

Published 08 Oct, 2017 12:00am
THE RUPEE: rates unmoved
Currency

THE RUPEE: rates unmoved

The rupee maintained overnight levels against the dollar on the money market on Saturday in process of trading, dealers said. The rupee, somehow, resisted further decline versus the dollar for buying and selling at Rs 106.50 and Rs 106.70, they said.
Published 08 Oct, 2017 12:00am
THE RUPEE: rates unmoved
Currency

THE RUPEE: rates unmoved

The rupee maintained overnight levels against the dollar on the money market on Saturday in process of trading, dealers said. The rupee, somehow, resisted further decline versus the dollar for buying and selling at Rs 106.50 and Rs 106.70, they said.
Published 08 Oct, 2017 12:00am
Member to Member
Exchange

Member to Member

The following transactions member to member subsequently reported on Saturday (October 07, 2017).

Published 08 Oct, 2017 12:00am
European gasoline falls due to storm threatens US Gulf

European gasoline falls due to storm threatens US Gulf

Gasoline refining margins in northwest Europe weakened on Thursday due to soaring crude prices, but prices were underpinned by a tropical storm heading towards the US Gulf refining hub. US gasoline margins hit nine-day high on Thursday as Tropical Storm N
Published 08 Oct, 2017 12:00am
CBOT wheat futures lower

CBOT wheat futures lower

Chicago Board of Trade soft red winter wheat futures eased on Thursday, weighed down by a mild technical setback. K.C. hard red winter wheat also closed lower but MGEX spring wheat firmed. MGEX contracts were supported by bargain buying after nearing a fo
Published 08 Oct, 2017 12:00am
Bangladesh tea prices rise

Bangladesh tea prices rise

Tea prices in Bangladesh rose at the weekly auction for the sixth time in a row due to robust demand for quality leaf, despite there being a higher volume on offer. Bangladeshi tea fetched an average price of 229.62 taka ($2.79) per kg at the auction on T
Published 08 Oct, 2017 12:00am
Low supply keeps coffee trade subdued in Vietnam and Indonesia

Low supply keeps coffee trade subdued in Vietnam and Indonesia

Trade in top Asian top coffee producers Vietnam and Indonesia continued on a sluggish note this week on dwindling stockpiles in both countries, traders said on Thursday. Farmers in Daklak, Vietnam's main coffee growing province, are selling beans at 43,50
Published 08 Oct, 2017 12:00am
Soyameal mixed on European feeds market

Soyameal mixed on European feeds market

Soyameal on the European meals and feeds market was offered in a tight range on Thursday as the outlook for a bumper US soyabean harvest and stronger dollar was offset by concerns about rains in key US soyabean growing areas delaying the harvest.
Published 08 Oct, 2017 12:00am
Ukraine 2018 winter grain sowing 64 percent completes

Ukraine 2018 winter grain sowing 64 percent completes

Ukrainian farmers have sown 4.6 million hectares of winter grains, 64 percent of the expected 7.6 million hectares, the agriculture ministry said on Thursday. Farmers have sown 4.3 million hectares of winter wheat, 251,000 hectares of winter barley and 11
Published 08 Oct, 2017 12:00am
Ivory Coast's cocoa region battles black pod disease

Ivory Coast's cocoa region battles black pod disease

Fungal black pod disease is spreading in key cocoa growing regions as the new main crop harvest opens in top producer Ivory Coast, farmers said on Monday, though abundant rainfall and sunshine is supporting crop development elsewhere. The marketing season
Published 08 Oct, 2017 12:00am
Asia rice: Bangladesh hunts deals; Thai exporters eye India's share

Asia rice: Bangladesh hunts deals; Thai exporters eye India's share

Major rice producers in Asia could get a fresh demand boost as flood-hit Bangladesh continues recent buying to shore up depleted stocks of the staple, while Thailand looks to cash in on reduced output from top exporter India. Bangladesh is looking to buy
Published 08 Oct, 2017 12:00am
Cotton prices firm on moderate trade
Cotton

Cotton prices firm on moderate trade

Prices managed to retain firm trend on the cotton market on Saturday in the process of moderate trading, dealers said. The official spot rate was unchanged at Rs 6000, they said. In the ready session, around 20,000 bales of cotton changed hands between Rs
Published 08 Oct, 2017 12:00am
Poor rains to spur bigger drop in Brazil's corn area

Poor rains to spur bigger drop in Brazil's corn area

Scarce rains over key Brazilian grain growing regions in September may cause an unexpectedly bigger reduction in the area planted with corn during the summer, according to a weather report on Monday. The summer corn planted area was initially expected to
Published 08 Oct, 2017 12:00am
US FOB Gulf soyabean bids lower

US FOB Gulf soyabean bids lower

Basis bids for soyabeans shipped by barge to the US Gulf Coast were steady to lower on Thursday on weakening barge freight rates and light demand, traders said. CIF corn basis bids were mostly steady to weak, while wheat basis bids were unchanged in quiet
Published 08 Oct, 2017 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market was offered firmer on Thursday but well off the day's highs on technical weakness in rival CBOT soyaoil. Asking prices for palm oil were mostly between $5 and $7.50 a tonne up on follow-through buying from We
Published 08 Oct, 2017 12:00am
Asian naphtha crack rises

Asian naphtha crack rises

Asia's naphtha crack rose back above $100 on Thursday and was at its highest since September 25 in response to strong demand. On Wednesday, it had fallen to nearly a three-week low of $91.18 a tonne. South Korea's GS Caltex on Wednesday bought around thre
Published 08 Oct, 2017 12:00am
Canadian canola futures firm

Canadian canola futures firm

ICE Canadian canola futures firmed on Thursday, supported by a weak Canadian dollar as well as improving crush margins that boosted demand at processors, traders said. Some farmer selling at the market peak pulled prices from session highs.
Published 08 Oct, 2017 12:00am
European wheat prices edge higher

European wheat prices edge higher

European wheat prices edged higher in late trade on Thursday after spending most of the day nearly unchanged due to a lack of new fundamental elements to give a clear direction to the market, traders said. December milling wheat on Paris-based Euronext un
Published 08 Oct, 2017 12:00am
US natural gas futures fall on mild weather

US natural gas futures fall on mild weather

US natural gas futures eased on Thursday on forecasts for rising production and mild weather over the next two weeks expected to keep heating and cooling demand low. That decline came despite a government report on Thursday that showed a smaller-than-expe
Published 08 Oct, 2017 12:00am
Brazilian soya exports unfazed despite record US campaign

Brazilian soya exports unfazed despite record US campaign

Brazilian farmers have been hesitant to sell their 2016/17 corn and soyabeans over the past year, but that has not held the country back from already tallying record exports for both crops with a few months still left in the season. The soyabean volumes r
Published 08 Oct, 2017 12:00am
German government wants hardware changes to combat diesel crisis

German government wants hardware changes to combat diesel crisis

The German government wants carmakers to offer mechanical modifications to engine and exhaust systems for some models, Der Spiegel reported on Saturday. The new government position was agreed by experts and civil servants of the German transport ministry
Published 08 Oct, 2017 12:00am
GE names Jamie Miller as CFO, replacing Bornstein

GE names Jamie Miller as CFO, replacing Bornstein

US industrial conglomerate General Electric Co said on Friday it promoted Jamie Miller, who has been the head of its transportation unit, to chief financial officer, replacing Jeffrey Bornstein. The change is the latest since John Flannery took over as co
Published 08 Oct, 2017 12:00am
Sudan eyes economic revival as US lifts sanctions
Exchange

Sudan eyes economic revival as US lifts sanctions

Up until a few years ago, Sudanese engineer Ahmed Abdallah used to manage his family's expenses on his $400 monthly salary but he has since had to take out loans to make ends meet. With the US State Department's announcement Friday of an end to some of it
Published 08 Oct, 2017 12:00am
Downplaying job losses, Fed officials eye December rate hike

Downplaying job losses, Fed officials eye December rate hike

Chocking up employment losses last month to the temporary hit of a severe hurricane season and reiterating expectations that inflation will strengthen, Federal Reserve policymakers on Friday signaled they continue to see gradual US interest-rate hikes ahe
Published 08 Oct, 2017 12:00am
US backs 300 percent in duties on Bombardier after Boeing complaint

US backs 300 percent in duties on Bombardier after Boeing complaint

The US Commerce Department has notched up proposed trade duties on Bombardier Inc CSeries jets to nearly 300 percent, affirming Boeing Co's complaint that the Canadian company received illegal subsidies and dumped the planes at "absurdly low" prices.
Published 08 Oct, 2017 12:00am
Brazil, Argentina call EU trade offer to Mercosur disappointing

Brazil, Argentina call EU trade offer to Mercosur disappointing

The European Union farm products offer presented this week during talks in Brasilia on a trade deal with the Mercosur bloc was disappointing, negotiators for Brazil and Argentina said on Friday. Brazil's chief negotiator, Ambassador Ronaldo Costa Filho, s
Published 08 Oct, 2017 12:00am
Airbus lags Boeing on January-September orders, deliveries

Airbus lags Boeing on January-September orders, deliveries

Airbus sold 56 aircraft and delivered 55 in September to remain in second place behind US rival Boeing in the first nine months of the year, monthly data published by the firm on Friday showed. September deliveries included 13 of its upgraded A320neo fami
Published 08 Oct, 2017 12:00am
Germany sees 1.9 percent growth in 2017, 2 percent in 2018

Germany sees 1.9 percent growth in 2017, 2 percent in 2018

The German government has raised its forecast for economic growth in 2017 to 1.9 percent from an earlier forecast of 1.5 percent, and could yet lift it to 2 percent, the Handelsblatt newspaper reported on Friday, citing unnamed government sources. The new
Published 08 Oct, 2017 12:00am
Rosneft says in talks to expand Cuban oil activities

Rosneft says in talks to expand Cuban oil activities

Russian oil major Rosneft said on Saturday it was looking to expand cooperation with Cuba and that Chief Executive Igor Sechin had discussed the matter with a visiting delegation that included Alfredo Lopez, Cuba's energy minister. Russia already supplies
Published 08 Oct, 2017 12:00am
About 1,400 Air Berlin workers to lose jobs

About 1,400 Air Berlin workers to lose jobs

About 1,400 Air Berlin workers may soon be out of a job, some as early as the end of this month, according to a union paper obtained by AFP on Saturday. Many of the cuts would hit the bankrupt airline's ground personnel and administration staff, whose con
Published 08 Oct, 2017 12:00am
Thousands protest across Australia against Adani coal mine

Thousands protest across Australia against Adani coal mine

Large protests were held across Australia on Saturday against Indian mining giant Adani Enterprises' proposed Carmichael coal mine, which would be the country's largest coal mine but has been delayed for years over environmental and financing issues. Envi
Published 08 Oct, 2017 12:00am
Ireland to boost budget package to 1 billion euros

Ireland to boost budget package to 1 billion euros

Ireland is set to almost triple the amount available to cut taxes and increase spending in next week's budget through a series of additional revenue raising measures, the Irish Times reported on Saturday. Finance Minister Paschal Donohoe has just 350 mill
Published 08 Oct, 2017 12:00am
Ryanair COO to resign in wake of rostering mess-up

Ryanair COO to resign in wake of rostering mess-up

Ryanair chief operations officer Michael Hickey will resign from the end of the month, the airline said on Friday, becoming the first executive to leave since a rostering mess-up led to the cancellation of thousands of flights. The Irish airline, the larg
Published 08 Oct, 2017 12:00am
Treasury outlines sweeping reform of capital markets
Exchange

Treasury outlines sweeping reform of capital markets

The US Treasury on Friday unveiled a blueprint for sweeping reforms of the US capital markets as it looks to implement Republican President Donald Trump's agenda to promote economic growth by slashing red tape. The report recommends a raft of measures to
Published 08 Oct, 2017 12:00am
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