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Print - 2018-03-08
Fresh arson attacks in Sri Lanka despite emergency laws

Fresh arson attacks in Sri Lanka despite emergency laws

Mobs torched Muslim-owned businesses in a central Sri Lanka district on Wednesday as hundreds of police and troops struggled to restore order after days of rioting. The soldiers poured into Kandy to reinforce police but arson attacks persisted even though
Published 08 Mar, 2018 12:00am
UK police 'know more' about substance involved in Russia spy mystery

UK police 'know more' about substance involved in Russia spy mystery

Britain on Wednesday said it was closer to identifying the substance used in the suspected poisoning of a former Russian double-agent, as Moscow accused politicians and journalists of whipping up anti-Russian sentiment. Interior minister Amber Rudd said p
Published 08 Mar, 2018 12:00am
Porn star sues Trump over 'hush' deal

Porn star sues Trump over 'hush' deal

A porn star sued President Donald Trump on Tuesday to declare a "hush agreement" over their alleged affair invalid because he never signed it, documents say. Los Angeles lawyer Michael Avenatti posted on his Twitter account a copy of what appears to be th
Published 08 Mar, 2018 12:00am
Trump economic adviser Cohn quits
Currency

Trump economic adviser Cohn quits

Gary Cohn, the top economic adviser to US President Donald Trump and a voice for Wall Street in the White House, said on Tuesday he would resign, a move that came after he lost a fight over Trump's plans for hefty steel and aluminium import tariffs. The d
Published 08 Mar, 2018 12:00am
UK rolls out red carpet for Saudi crown prince amid protests

UK rolls out red carpet for Saudi crown prince amid protests

Britain's Queen Elizabeth II welcomed Saudi Crown Prince Mohammed bin Salman on Wednesday at the start of a controversial state visit, where he will face questions over his country's involvement in the Yemen war. The crown prince lunched with the queen at
Published 08 Mar, 2018 12:00am
Shanghai copper rises
Exchange

Shanghai copper rises

Shanghai Futures Exchange copper closed 0.3 percent higher at 52,480 yuan ($8,299.33) a tonne on Wednesday on the resignation of Gary Cohn, a key advocate for free trade in the White House, rekindling fears US President Donald Trump would go ahead with ta
Published 08 Mar, 2018 12:00am
Aluminium at lowest since December, copper slips
Exchange

Aluminium at lowest since December, copper slips

Aluminium prices slid on Wednesday to near three-month lows as the prospect of US tariffs were bolstered by the resignation of a key advocate for free trade, while base metals generally came under pressure from worries about a trade war. Benchmark alumini
Published 08 Mar, 2018 12:00am
Oil prices fall as financial markets slip

Oil prices fall as financial markets slip

Oil prices fell on Wednesday as financial markets slid amid concerns that Washington's plans for import tariffs could spark a trade war, and after US government data showed an increase in crude inventories and output. West Texas Intermediate (WTI) crude f
Published 08 Mar, 2018 12:00am
Tokyo rubber slips
Exchange

Tokyo rubber slips

Benchmark Tokyo rubber futures slipped on Wednesday, dragged down by weaker Shanghai futures, and a stronger yen against the US dollar that makes yen-denominated assets less affordable when purchased in other currencies. The Tokyo Commodity Exchange (TOCO
Published 08 Mar, 2018 12:00am
Palm oil falls to over six-week low on India tax hike
Vegetable Oil

Palm oil falls to over six-week low on India tax hike

Malaysian palm oil futures declined on Wednesday evening, as traders feared the prospect of cancelled shipments to India and after forecasts made at an industry conference in Kuala Lumpur. The benchmark palm oil contract for May delivery on the Bursa Mala
Published 08 Mar, 2018 12:00am
Raw sugar slumps to 8-1/2-month low

Raw sugar slumps to 8-1/2-month low

Raw sugar futures on ICE sank 5 percent to an 8-1/2-month low on Wednesday, on an estimate for record production in No. 2 grower India, while London cocoa extended gains to a one-year high and reached the most technically overbought levels in a decade. Ma
Published 08 Mar, 2018 12:00am
Gold surges in New York

Gold surges in New York

Gold prices rose more than 1 percent on Tuesday as the US dollar slid after North Korea signaled that it is open to nuclear talks and investors worried about aggressive US trade policy. The greenback hit a two-week low as traders bet on riskier currencies
Published 08 Mar, 2018 12:00am
Gold down in Asia

Gold down in Asia

Gold prices slipped on Wednesday after hitting a one-week high earlier as the dollar weakened and equities dropped after US President Donald Trump said he would push ahead with punitive tariffs on imports, rekindling fears of a potential trade war. Spot g
Published 08 Mar, 2018 12:00am
Gold drops in Europe
Exchange

Gold drops in Europe

Gold prices slipped on Wednesday on profit-taking after hitting a one-week high on news that a top economic advisor to the Trump administration had resigned, stoking fears of a trade war and knocking down the dollar. Market watchers said the departure of
Published 08 Mar, 2018 12:00am
US MIDDAY: Wheat, soya futures down

US MIDDAY: Wheat, soya futures down

Chicago wheat, corn and soyabean futures were mostly lower on Wednesday as investors squared up their positions ahead of a monthly US Department of Agriculture report due on Thursday, traders said. Prices for each crop have cooled from last week's multi-m
Published 08 Mar, 2018 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

Gold prices slipped on Wednesday after hitting a one-week high on news that a top economic advisor to the Trump administration had resigned, stoking fears of a trade war and knocking down the dollar. Market watchers said the departure of economic adviser
Published 08 Mar, 2018 12:00am
Four dacoits held

Four dacoits held

Consistent efforts and pursuance of case by OPC)Punjab has bear fruit and police have arrested four dacoits involved in robbery incident in the house of an expatriate Pakistani and recovered booty. Vice Chairperson OPC, Sheheen Khalid Butt and Commissione
Published 08 Mar, 2018 12:00am
LHC concerned over release of picture of Cheema

LHC concerned over release of picture of Cheema

The Lahore High Court on Wednesday expressed concern over the release of a picture of Lahore Development Authority former DG Ahad Khan Cheema standing behind the bars in the National Accountability Bureau (NAB) office who is on physical remand till March
Published 08 Mar, 2018 12:00am
First Dalit woman senator to champion girls' education

First Dalit woman senator to champion girls' education

As the first woman senator from Pakistan's lowest Dalit caste, Krishna Kumari Kohli has an ambitious to-do list, from tackling honour killings to kidnappings and child marriage. But for the former child bride from a poor Hindu family, the need to improve
Published 08 Mar, 2018 12:00am
MQM-P (Bahadurabad group) suggests Farogh's name for Senate's top slot

MQM-P (Bahadurabad group) suggests Farogh's name for Senate's top slot

The Bahadurabad faction of Muttahida Qaumi Movement-Pakistan (MQM-P) Wednesday suggested Barrister Farogh Naseem's name for Senate chairmanship. Speaking to media outside the Election Commission of Pakistan (ECP), Khalid Maqbool Siddiqui said there would
Published 08 Mar, 2018 12:00am
Non-fixation of sugarcane price irks Senate panel
Cotton

Non-fixation of sugarcane price irks Senate panel

The Senate Standing Committee on National Food Security and Research has expressed serious concern and disappointment over the fact that all the provincial governments remained unable to implement minimum price of sugarcane fixed by Sindh High Court. The
Published 08 Mar, 2018 12:00am
China continues to support Pakistan on counter-terrorism

China continues to support Pakistan on counter-terrorism

China reiterated its support to Pakistan on issue of counter-terrorism, stating they will oppose the use of finance as a political measure to put pressure on Pakistan. "We urge the international community too, objectively and justly treat the Pakistani an
Published 08 Mar, 2018 12:00am
Non-conformity brands seized from store

Non-conformity brands seized from store

Pakistan Standards and Quality Control Authority (PSQCA) on Wednesday claimed to have seized over a dozen of 'non conformity' brands from Chase Departmental Store located on Jail Road area of metropolis. The PSQCA spokesman said Conformity Assessment Sout
Published 08 Mar, 2018 12:00am
UBL, Teradata collaborate on customer profitability analytics

UBL, Teradata collaborate on customer profitability analytics

UBL and its technology partner Teradata recently celebrated the successful rollout of customer profitability analytics through the implementation of the Enterprise Data Warehouse. Through this project, UBL will be able to gauge performance of individual c
Published 08 Mar, 2018 12:00am
LHC issues notices to ECP in plea against horse-trading

LHC issues notices to ECP in plea against horse-trading

The Lahore High Court Wednesday issued notices to the Election Commission of Pakistan for April 02 in a petition against alleged horse trading in Senate polls. Former secretary Election Commission of Pakistan Kanwar Dilshad through his counsel Baqir Hussa
Published 08 Mar, 2018 12:00am
NSW for importers, exporters depends on five factors

NSW for importers, exporters depends on five factors

The smooth implementation of National Single Window (NSW) for importers and exporters would depend on five critical factors ie financial resources, strong government and management support, Federal Board of Revenue (FBR) coordination with other department
Published 08 Mar, 2018 12:00am
Chinese firm provides 34 vehicles for cleaning work

Chinese firm provides 34 vehicles for cleaning work

A Chinese firm has provided as many as 34 new vehicles which include 20 loaders, 10 dumpers and four motor tri-cycles for cleaning work in the districts of East and South of the metropolis. The vehicles are provided by the Chinese firm through the Sindh S
Published 08 Mar, 2018 12:00am
Italian Navy chief meets CNS

Italian Navy chief meets CNS

Chief of the Italian Navy, Admiral Valter Girardelli visited Naval Headquarters Islamabad and called on Chief of the Naval Staff, Admiral Zafar Mahmood Abbasi. On arrival at Naval Headquarters, the dignitary was received by Chief of the Naval Staff. A sma
Published 08 Mar, 2018 12:00am
FFC Day

FFC Day

Every year 8th of March is celebrated as Fauji Fertilizer Company's (FFCL) raising day in commemoration of the day when the foundation stone of its first fertilizer plant was laid at Goth Machhi in 1979. Since then, the company has continued to grow and h
Published 08 Mar, 2018 12:00am
Qatari envoy meets Rana Tanveer
Exchange

Qatari envoy meets Rana Tanveer

Ambassador of Qatar in Pakistan, Saqr Bin Mubarak Al-Mansouri called on Federal Minister for Defence Production, Rana Tanveer Hussain at Ministry of Defence Production, Rawalpindi, on Wednesday. While highlighting the importance of brotherly relations bet
Published 08 Mar, 2018 12:00am
Ghani Gases Limited
Mutual Funds

Ghani Gases Limited

Ghani Gases Limited (PSX: GGL) was incorporated in 2007 as a private limited company, converted into a public limited company in 2008 and listed on the then KSE in 2010. It manufacturers liquid industrial and medical gases in a plant near Lahore (GGL-I) a
Published 08 Mar, 2018 12:00am
Ghani Gases Limited
Mutual Funds

Ghani Gases Limited

Ghani Gases Limited (PSX: GGL) was incorporated in 2007 as a private limited company, converted into a public limited company in 2008 and listed on the then KSE in 2010. It manufacturers liquid industrial and medical gases in a plant near Lahore (GGL-I) a
Published 08 Mar, 2018 12:00am
Tree plantation drive begins at UAF

Tree plantation drive begins at UAF

The University of Agriculture Faisalabad (UAF) on Wednesday kicked off plantation drive to make the campus more greenish. Vice Chancellor Dr Muhammad Iqbal Zafar was the chief guest at inaugural ceremony. He planted a tree at the Post Graduate Research In
Published 08 Mar, 2018 12:00am
Rajwana for special body to help resolve rice exporters' issues

Rajwana for special body to help resolve rice exporters' issues

Punjab Governor Rafiq Rajwana recommended forming a special committee to resolve the difficulties being faced by the rice exporters in carrying out their businesses and enhancing exports. "A special advisory committee comprising representatives of the fed
Published 08 Mar, 2018 12:00am
Country to have first national water policy soon: Wapda chief

Country to have first national water policy soon: Wapda chief

Chairman WAPDA Lieutenant General Muzammil Hussain (retd) has said that first-ever National Water Policy would be launched soon which would help overcome water challenges. He was speaking at the Lahore Chamber of Commerce and Industry here on Wednesday. H
Published 08 Mar, 2018 12:00am
JI decides to accelerate electoral activities

JI decides to accelerate electoral activities

A high level meeting of the Jamaat-e-Islami, Pakistan, held at Mansoora on Wednesday decided to accelerate the electoral activities of the JI throughout the country in order to bring about a real change and to pave way for an Islamic revolution. The meeti
Published 08 Mar, 2018 12:00am
Lack of quorum mars Punjab Assembly proceedings

Lack of quorum mars Punjab Assembly proceedings

Opposition leader in the Punjab Assembly Mian Mahmood-ur-Rashid said on Wednesday said that treasury benches can only ensure a quorum if Chief Minister Punjab Shahbaz Sharif will address the issues of PML-N legislators. Rashid was talking to reporters out
Published 08 Mar, 2018 12:00am
International Women's Day today

International Women's Day today

With the theme of Press for Progress, the International Women's Day is being marked here today with a resolve to continue efforts for economic empowerment of women by giving them equal opportunities in all walks of life. The day is marked every year on Ma
Published 08 Mar, 2018 12:00am
60,000 boxes of infant milk formula taken off from market

60,000 boxes of infant milk formula taken off from market

The Punjab Food Authority (PFA) has removed 60,000 boxes of infant formula from 3,870 medical stores during a special drive launched after regulating "Punjab Food Authority Infant Formula Marketing Regulation 2017". The PFA spokesperson said that products
Published 08 Mar, 2018 12:00am
Pakistan, South Korea sign MoU for jobs

Pakistan, South Korea sign MoU for jobs

Pakistan and South Korea signed a Memorandum of Understanding (MoU), aimed at providing employment to Pakistani workers in Korea through Overseas Employment Corporation (OEC) for two years (2018 to 2019).
Published 08 Mar, 2018 12:00am
Italian Navy chief calls on CoAS

Italian Navy chief calls on CoAS

Chief of the Italian Navy, Admiral Valter Girardelli called on Chief of the Army Staff (CoAS), General Qamar Javed Bajwa Wednesday here at the General Headquarters (GHQ). During the meeting, regional security issues and matter of professional interest wer
Published 08 Mar, 2018 12:00am
Education plays vital role in nations' progress: Jhagra

Education plays vital role in nations' progress: Jhagra

Khyber Pakhtunkhwa Governor, Engineer Iqbal Zafar Jhagra has said that education plays a pivotal role in the progress of nations and being the most essential criteria for individual and collective development, it also is a tool that shapes the future gene
Published 08 Mar, 2018 12:00am
Khattak directs timely completion of uplift schemes

Khattak directs timely completion of uplift schemes

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has strictly directed the authorities to ensure the timely and quality completion of developmental schemes, adding falling short will trigger punishments as per agreements signed with the construction compa
Published 08 Mar, 2018 12:00am
Sindh IGP reviews CPEC projects' security

Sindh IGP reviews CPEC projects' security

Inspector General of Police (IGP) Sindh A D Khawaja on Wednesday chaired a meeting to review the affairs of Provincial Foreign Security Cell (PFSC) as well as security measures for the China-Pakistan Economic Corridor (CPEC) and non-CPEC projects.
Published 08 Mar, 2018 12:00am
Silkbank net profit up by 54pc in 2017

Silkbank net profit up by 54pc in 2017

The Board of Directors of Silkbank Limited, in its meeting held on March 06, 2018, reviewed the performance of the Bank and approved the financial statements for the year ended December 31, 2017. The Bank has posted a profit before tax of Rs 1,387 million
Published 08 Mar, 2018 12:00am
Silkbank net profit up by 54pc in 2017

Silkbank net profit up by 54pc in 2017

The Board of Directors of Silkbank Limited, in its meeting held on March 06, 2018, reviewed the performance of the Bank and approved the financial statements for the year ended December 31, 2017. The Bank has posted a profit before tax of Rs 1,387 million
Published 08 Mar, 2018 12:00am
NED judges its performance ahead of IPE by HEC

NED judges its performance ahead of IPE by HEC

NED University of Engineering and Technology conducted its Institutional Performance Self Evaluation here on Wednesday. The self-evaluation was the preparation for the upcoming Institutional Performance Evaluation (IPE) by the Quality Assurance Agency, HE
Published 08 Mar, 2018 12:00am
KWGA announces Shariah compliant business module

KWGA announces Shariah compliant business module

Karachi Wholesale Grocers Association (KWGA) has decided to make their financial operations and business practices Shariah compliant. The announcement was made during their annual dinner, attended by more than 500 members and prominent businessmen of the
Published 08 Mar, 2018 12:00am
Transgender persons: Senate adopts bill for protection of rights

Transgender persons: Senate adopts bill for protection of rights

The Senate on Wednesday unanimously adopted a bill for the protection of fundamental rights of transgender persons. The bill: The Transgender Persons (Protection of Rights), 2017 Bill, provides for protection, relief and rehabilitation of rights of transg
Published 08 Mar, 2018 12:00am
Violence drops for third year running: report

Violence drops for third year running: report

Deaths and injuries linked to militancy have dropped in Pakistan for the third consecutive year, with 21 percent fewer incidents in 2017 than in the previous year, a security think-tank says. Some 2,057 people were killed and 2,074 wounded for a total of
Published 08 Mar, 2018 12:00am
Pakistan proposes exchange of prisoners to India: FO
Exchange

Pakistan proposes exchange of prisoners to India: FO

Pakistan has approved the humanitarian proposals forwarded by India regarding the civilian prisoners incarcerated in both the countries and also separately proposed exchange of prisoners above 60 and below 18 years of ages.
Published 08 Mar, 2018 12:00am
SHC seeks details of action taken against NAB officer

SHC seeks details of action taken against NAB officer

The Sindh High Court (SHC) on Wednesday directed the National Accountability Bureau (NAB) chairman to file comments on accusations of assigning the officer, for investigations and inquiries to, who was himself allegedly involved in taking bribe from the s
Published 08 Mar, 2018 12:00am
PTBA, LTBA workshop on 'direct, indirect taxes'

PTBA, LTBA workshop on 'direct, indirect taxes'

Pakistan Tax Bar Association (PTBA) and Lahore Tax Bar Association (LTBA) are jointly organizing two days workshop on direct and indirect taxes on 7-8 March, 2018 in Lahore. According to details, renowned speakers from Karachi and Lahore are set to presen
Published 08 Mar, 2018 12:00am
'World Kidney Day' at SIUT on March 10

'World Kidney Day' at SIUT on March 10

The Sindh Institute of Urology and Transplantation (SIUT) Sukkur has chakled out a day-long programme to mark the 'World Kidney Day' on Saturday.
Published 08 Mar, 2018 12:00am
Panama JIT misled SC: Daniyal

Panama JIT misled SC: Daniyal

Federal Minister for Privatisation Daniyal Aziz has claimed that the joint investigation team (JIT) on Panama Papers case had misled judiciary. Speaking at a press conference here on Wednesday, Aziz claimed that UK forensic expert Robert Radley has alread
Published 08 Mar, 2018 12:00am
Political engineering not good omen for 'finest army': Mashhadi

Political engineering not good omen for 'finest army': Mashhadi

Outgoing MQM Senator Colonel Syed Tahir Mashhadi (retd) on Wednesday bid adieu to Senate with a scathing attack on the military, saying its alleged involvement in enforced disappearance of citizens coupled with behind the scene political engineering and m
Published 08 Mar, 2018 12:00am
PML-N ready to join hands against menace of horse-trading: Nawaz

PML-N ready to join hands against menace of horse-trading: Nawaz

Former Prime Minister and Quaid of Pakistan Muslim League-Nawaz (PML-N) Nawaz Sharif on Wednesday said that his party is ready to devise a strategy against horse-trading along with other political parties which believe that there was horse-trading in the
Published 08 Mar, 2018 12:00am
Iranian FM due on March 11

Iranian FM due on March 11

Iranian Foreign Minister Javad Zarif will arrive here on a three-day official visit on Sunday for holding talks with Pakistani leadership on issues of mutual interest, including the regional situation. During his stay from March 11 to 13, Foreign Minister
Published 08 Mar, 2018 12:00am
PML-N government restored peace: Shahbaz

PML-N government restored peace: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif said on Wednesday that load shedding has been controlled and peace has also been restored to the country due to untiring efforts of the PML-N government. The PML-N will achieve success in the elections of 2018
Published 08 Mar, 2018 12:00am
Around 200 startup projects displayed at PU show

Around 200 startup projects displayed at PU show

As many as 500 indigenous technologies, with around 200 startup projects, were put on display at 7th Invention to Innovation Summit organized by Punjab University Office of Research, Innovation and Commercialization in collaboration with Pakistan Science
Published 08 Mar, 2018 12:00am
A blessing in disguise

A blessing in disguise

Rising imports that have adversely affected the external account constitute a blessing in disguise for our country's taxmen. Dr Hafiz Pasha, a noted economist, has pointed out in his last Business Recorder op-ed that "Therefore, while the burgeonin
Published 08 Mar, 2018 12:00am
To achieve gender equality, we need women entrepreneurs

To achieve gender equality, we need women entrepreneurs

In 2018, we have an opportunity to accelerate progress towards gender equality. Movements such as MeToo have spotlighted the unacceptable status quo and demonstrated how too many women the world over continue to be deprived of respect and equal opportunit
Published 08 Mar, 2018 12:00am
Why take selective notice of corruption?

Why take selective notice of corruption?

Three major parties have cried foul at the Senate election results; not without reason, though. In Punjab, the ruling PML-N's stronghold, despite being short of the necessary number of votes PTI's Chaudhry Sarwar has won. Even the PPP with just five MPAs
Published 08 Mar, 2018 12:00am
Sense sensitive

Sense sensitive

It was rather amusing, during coffee table discussions, to find out that there are those who believe that being on the Grey List is not a worrying development - the layman view from my previous article; been there seen that! Frankly, I had never even thou
Published 08 Mar, 2018 12:00am
Creating equal opportunities for women

Creating equal opportunities for women

Although Pakistani women's participation in different fields of national endeavour has increased significantly during the last two decades, for the vast majority social barriers and prejudices continue to hamper equal opportunities. No wonder a case study
Published 08 Mar, 2018 12:00am
Unprecedented rise in domestic debt

Unprecedented rise in domestic debt

The Pakistan Peoples' Party Senator, Sherry Rehman, stated on the floor of the House that domestic borrowing is over 16 trillion rupees, more than the total annual budget outlay for the year. The Economic Survey 2016-17, released by the Economic Advisor's
Published 08 Mar, 2018 12:00am
Five banks open up trillion dollar gold club

Five banks open up trillion dollar gold club

The five banks that settle every transaction in London''s $6.8 trillion a year gold market are changing the rules of their clearing house to make it easier for newcomers to join. The reform is part of a broad overhaul of institutions that underpin the wor
Published 08 Mar, 2018 12:00am
Five banks open up trillion dollar gold club

Five banks open up trillion dollar gold club

The five banks that settle every transaction in London's $6.8 trillion a year gold market are changing the rules of their clearing house to make it easier for newcomers to join. The reform is part of a broad overhaul of institutions that underpin the worl
Published 08 Mar, 2018 12:00am
Five banks open up trillion dollar gold club

Five banks open up trillion dollar gold club

The five banks that settle every transaction in London's $6.8 trillion a year gold market are changing the rules of their clearing house to make it easier for newcomers to join. The reform is part of a broad overhaul of institutions that underpin the worl
Published 08 Mar, 2018 12:00am
LDs: PPIB for out-of-court settlement with IPPs

LDs: PPIB for out-of-court settlement with IPPs

The Private Power & Infrastructure Board (PPIB) has reportedly proposed to the Cabinet Committee on Energy (CCoE) that an out of court settlement be agreed with Independent Power Producers (IPPs) on Liquidated Damages (LDs), well informed sources told
Published 08 Mar, 2018 12:00am
LDs: PPIB for out-of-court settlement with IPPs

LDs: PPIB for out-of-court settlement with IPPs

The Private Power & Infrastructure Board (PPIB) has reportedly proposed to the Cabinet Committee on Energy (CCoE) that an out of court settlement be agreed with Independent Power Producers (IPPs) on Liquidated Damages (LDs), well informed sources told
Published 08 Mar, 2018 12:00am
LDs: PPIB for out-of-court settlement with IPPs

LDs: PPIB for out-of-court settlement with IPPs

The Private Power & Infrastructure Board (PPIB) has reportedly proposed to the Cabinet Committee on Energy (CCoE) that an out of court settlement be agreed with Independent Power Producers (IPPs) on Liquidated Damages (LDs), well informed sources told
Published 08 Mar, 2018 12:00am
Airbus to axe 3,700 jobs in Europe

Airbus to axe 3,700 jobs in Europe

Aircraft giant Airbus is to axe around 3,700 jobs in Europe as it cuts back production of its A380 and A400M planes, the company and a trade union said Wednesday.
Published 08 Mar, 2018 12:00am
Airbus to axe 3,700 jobs in Europe

Airbus to axe 3,700 jobs in Europe

Aircraft giant Airbus is to axe around 3,700 jobs in Europe as it cuts back production of its A380 and A400M planes, the company and a trade union said Wednesday.
Published 08 Mar, 2018 12:00am
Airbus to axe 3,700 jobs in Europe

Airbus to axe 3,700 jobs in Europe

Aircraft giant Airbus is to axe around 3,700 jobs in Europe as it cuts back production of its A380 and A400M planes, the company and a trade union said Wednesday.
Published 08 Mar, 2018 12:00am
NAB launches inquiry into BoP affairs

NAB launches inquiry into BoP affairs

NAB Rawalpindi has started an inquiry against the authorities of the Bank of Punjab on the direction of Chairman NAB Justice Javed Iqbal for allegedly misusing authority and causing loss to national exchequer, said a press release issued here on Wednesday
Published 08 Mar, 2018 12:00am
NAB launches inquiry into BoP affairs

NAB launches inquiry into BoP affairs

NAB Rawalpindi has started an inquiry against the authorities of the Bank of Punjab on the direction of Chairman NAB Justice Javed Iqbal for allegedly misusing authority and causing loss to national exchequer, said a press release issued here on Wednesday
Published 08 Mar, 2018 12:00am
Iran signs deal with China to connect key port to rail network

Iran signs deal with China to connect key port to rail network

China will build a train line connecting the Iranian port of Bushehr to the rest of the country's railway network under a $700 million deal signed on Wednesday. The agreement was inked in Tehran in the presence of Iranian Transport Minister Abbas Akhoundi
Published 08 Mar, 2018 12:00am
SC rejects anchorperson's apology

SC rejects anchorperson's apology

Anchorperson Dr Shahid Masood Wednesday twice tendered an unconditional apology as his claims proved to be false but the Supreme Court turned his request down. Chief Justice Mian Saqib Nisar, heading a three-member bench which heard the suo motu case, tur
Published 08 Mar, 2018 12:00am
SC rejects anchorperson's apology

SC rejects anchorperson's apology

Anchorperson Dr Shahid Masood Wednesday twice tendered an unconditional apology as his claims proved to be false but the Supreme Court turned his request down. Chief Justice Mian Saqib Nisar, heading a three-member bench which heard the suo motu case, tur
Published 08 Mar, 2018 12:00am
Investment schemes: SECP allows AMCs to charge management fee
Exchange

Investment schemes: SECP allows AMCs to charge management fee

The Securities and Exchange Commission of Pakistan (SECP) has allowed Asset Management Companies (AMCs) to charge management fee up to one percent of average annual net assets of money market component invested in saving accounts and term deposits. This i
Published 08 Mar, 2018 12:00am
Investment schemes: SECP allows AMCs to charge management fee
Exchange

Investment schemes: SECP allows AMCs to charge management fee

The Securities and Exchange Commission of Pakistan (SECP) has allowed Asset Management Companies (AMCs) to charge management fee up to one percent of average annual net assets of money market component invested in saving accounts and term deposits. This i
Published 08 Mar, 2018 12:00am
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