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Print - 2018-03-18
Multan metro allegation: Shahbaz urges CJP to form 17-member bench

Multan metro allegation: Shahbaz urges CJP to form 17-member bench

Punjab Chief Minister Shahbaz Sharif has appealed to Chief Justice of Pakistan Mian Saqib Nisar on Saturday to direct for a 17-member Supreme Court (SC) bench to look into corruption allegations levelled by opposition party leader Imran Khan over Multan m
Published 18 Mar, 2018 12:00am
Multan metro allegation: Shahbaz urges CJP to form 17-member bench

Multan metro allegation: Shahbaz urges CJP to form 17-member bench

Punjab Chief Minister Shahbaz Sharif has appealed to Chief Justice of Pakistan Mian Saqib Nisar on Saturday to direct for a 17-member Supreme Court (SC) bench to look into corruption allegations levelled by opposition party leader Imran Khan over Multan m
Published 18 Mar, 2018 12:00am
First National Water Policy to be unveiled on March 22

First National Water Policy to be unveiled on March 22

The Ministry of Water Resources is poised to unveil 1st National Water Policy in the 70-year history of Pakistan, the spokesman of the ministry revealed here. The Federal Minister for Water Resources, Syed Jawed Ali Shah is scheduled to announce the polic
Published 18 Mar, 2018 12:00am
First National Water Policy to be unveiled on March 22

First National Water Policy to be unveiled on March 22

The Ministry of Water Resources is poised to unveil 1st National Water Policy in the 70-year history of Pakistan, the spokesman of the ministry revealed here. The Federal Minister for Water Resources, Syed Jawed Ali Shah is scheduled to announce the polic
Published 18 Mar, 2018 12:00am
First National Water Policy to be unveiled on March 22

First National Water Policy to be unveiled on March 22

The Ministry of Water Resources is poised to unveil 1st National Water Policy in the 70-year history of Pakistan, the spokesman of the ministry revealed here. The Federal Minister for Water Resources, Syed Jawed Ali Shah is scheduled to announce the polic
Published 18 Mar, 2018 12:00am
Justice Dost doesn't want full-court reference?

Justice Dost doesn't want full-court reference?

Justice Dost Muhammad Khan, who is going to lay down his robe tomorrow (Monday) after reaching the age of superannuation declined to attend dinners of the Supreme Court and Supreme Court Bar Association (SCBA). Public Relation Officer of Supreme Court Sha
Published 18 Mar, 2018 12:00am
Justice Dost doesn't want full-court reference?

Justice Dost doesn't want full-court reference?

Justice Dost Muhammad Khan, who is going to lay down his robe tomorrow (Monday) after reaching the age of superannuation declined to attend dinners of the Supreme Court and Supreme Court Bar Association (SCBA). Public Relation Officer of Supreme Court Sha
Published 18 Mar, 2018 12:00am
Mohmand Agency: terrorists kill two polio workers, kidnap three others

Mohmand Agency: terrorists kill two polio workers, kidnap three others

Two polio workers were killed and three others were kidnapped by the terrorists here on Saturday. Political administration sources said that armed extremists attacked the polio ammunition team in Tehsil Safi of Mohmand Agency. Two workers of the polio vac
Published 18 Mar, 2018 12:00am
Mohmand Agency: terrorists kill two polio workers, kidnap three others

Mohmand Agency: terrorists kill two polio workers, kidnap three others

Two polio workers were killed and three others were kidnapped by the terrorists here on Saturday. Political administration sources said that armed extremists attacked the polio ammunition team in Tehsil Safi of Mohmand Agency. Two workers of the polio vac
Published 18 Mar, 2018 12:00am
Small industrial cities to be established in SEZs: Sartaj

Small industrial cities to be established in SEZs: Sartaj

Deputy Chairman Planning Commission Sartaj Aziz has said that small industrial cities would be established in special economic zones (SEZs) under China-Pakistan Economic Corridor (CPEC) and the government is making efforts to achieve 6 percent economic gr
Published 18 Mar, 2018 12:00am
Small industrial cities to be established in SEZs: Sartaj

Small industrial cities to be established in SEZs: Sartaj

Deputy Chairman Planning Commission Sartaj Aziz has said that small industrial cities would be established in special economic zones (SEZs) under China-Pakistan Economic Corridor (CPEC) and the government is making efforts to achieve 6 percent economic gr
Published 18 Mar, 2018 12:00am
Small industrial cities to be established in SEZs: Sartaj

Small industrial cities to be established in SEZs: Sartaj

Deputy Chairman Planning Commission Sartaj Aziz has said that small industrial cities would be established in special economic zones (SEZs) under China-Pakistan Economic Corridor (CPEC) and the government is making efforts to achieve 6 percent economic gr
Published 18 Mar, 2018 12:00am
Ghani invites Abbasi to visit Kabul

Ghani invites Abbasi to visit Kabul

Afghan President Mohammad Ashraf Ghani has extended an official invitation to Prime Minister Shahid Khaqan Abbasi to visit Afghanistan in a bid to help kick start the government-to-government talks for reconciliation. In a tweet on social media, he said t
Published 18 Mar, 2018 12:00am
Ghani invites Abbasi to visit Kabul

Ghani invites Abbasi to visit Kabul

Afghan President Mohammad Ashraf Ghani has extended an official invitation to Prime Minister Shahid Khaqan Abbasi to visit Afghanistan in a bid to help kick start the government-to-government talks for reconciliation. In a tweet on social media, he said t
Published 18 Mar, 2018 12:00am
SRO No 1035(1)/2017: Certain RDs may be withdrawn

SRO No 1035(1)/2017: Certain RDs may be withdrawn

The government is planning to withdraw certain regulatory duties on the import of items under SRO No 1035(1)/2017 issued by the Federal Board of Revenue (FBR) on the recommendations of the stakeholders and review committee. Sources told the Business Re
Published 18 Mar, 2018 12:00am
SRO No 1035(1)/2017: Certain RDs may be withdrawn

SRO No 1035(1)/2017: Certain RDs may be withdrawn

The government is planning to withdraw certain regulatory duties on the import of items under SRO No 1035(1)/2017 issued by the Federal Board of Revenue (FBR) on the recommendations of the stakeholders and review committee. Sources told the Business Re
Published 18 Mar, 2018 12:00am
SRO No 1035(1)/2017: Certain RDs may be withdrawn

SRO No 1035(1)/2017: Certain RDs may be withdrawn

The government is planning to withdraw certain regulatory duties on the import of items under SRO No 1035(1)/2017 issued by the Federal Board of Revenue (FBR) on the recommendations of the stakeholders and review committee. Sources told the Business Re
Published 18 Mar, 2018 12:00am
Russia expels 23 British diplomats

Russia expels 23 British diplomats

Russia said Saturday it would expel 23 British diplomats and close a British consulate following London's "provocative" measures over the poisoning of a double agent that has triggered a fierce diplomatic row. Moscow also said it would halt the activities
Published 18 Mar, 2018 12:00am
Russia expels 23 British diplomats

Russia expels 23 British diplomats

Russia said Saturday it would expel 23 British diplomats and close a British consulate following London's "provocative" measures over the poisoning of a double agent that has triggered a fierce diplomatic row. Moscow also said it would halt the activities
Published 18 Mar, 2018 12:00am
Facebook suspends Trump campaign data firm Cambridge Analytica

Facebook suspends Trump campaign data firm Cambridge Analytica

Facebook says it has suspended the account of Cambridge Analytica, the data analysis firm hired by Donald Trump's 2016 presidential campaign, after reports it harvested the profile information of millions of US voters without their permission. According t
Published 18 Mar, 2018 12:00am
Facebook suspends Trump campaign data firm Cambridge Analytica

Facebook suspends Trump campaign data firm Cambridge Analytica

Facebook says it has suspended the account of Cambridge Analytica, the data analysis firm hired by Donald Trump's 2016 presidential campaign, after reports it harvested the profile information of millions of US voters without their permission. According t
Published 18 Mar, 2018 12:00am
Trump hails FBI official's firing, but critics call it 'dangerous'

Trump hails FBI official's firing, but critics call it 'dangerous'

Donald Trump has hailed the firing of a senior FBI agent as a "great day for democracy," a move his attorney said he hoped would bring an end to a probe into alleged collusion between the president's campaign and Russia. But critics slammed the axing as a
Published 18 Mar, 2018 12:00am
Trump hails FBI official's firing, but critics call it 'dangerous'

Trump hails FBI official's firing, but critics call it 'dangerous'

Donald Trump has hailed the firing of a senior FBI agent as a "great day for democracy," a move his attorney said he hoped would bring an end to a probe into alleged collusion between the president's campaign and Russia. But critics slammed the axing as a
Published 18 Mar, 2018 12:00am
Nawaz mulls strategy to woo estranged PML-N members

Nawaz mulls strategy to woo estranged PML-N members

Former Prime Minister Nawaz Sharif on Saturday held important meetings at his residence in Jati Umrah in Lahore. According to details, the former premier discussed issues of current political situation in the country and the upcoming general elections acr
Published 18 Mar, 2018 12:00am
Nawaz mulls strategy to woo estranged PML-N members

Nawaz mulls strategy to woo estranged PML-N members

Former Prime Minister Nawaz Sharif on Saturday held important meetings at his residence in Jati Umrah in Lahore. According to details, the former premier discussed issues of current political situation in the country and the upcoming general elections acr
Published 18 Mar, 2018 12:00am
Nawaz, family members: cabinet likely to deal with ECL issue

Nawaz, family members: cabinet likely to deal with ECL issue

Interior Minister Ahsan Iqbal has decided to take the issue of placing the names of Nawaz Sharif and his family on Exit Control List (ECL) to the federal cabinet after an internal committee headed by additional secretary interior recommended that their na
Published 18 Mar, 2018 12:00am
Nawaz, family members: cabinet likely to deal with ECL issue

Nawaz, family members: cabinet likely to deal with ECL issue

Interior Minister Ahsan Iqbal has decided to take the issue of placing the names of Nawaz Sharif and his family on Exit Control List (ECL) to the federal cabinet after an internal committee headed by additional secretary interior recommended that their na
Published 18 Mar, 2018 12:00am
Xi gets second term with economist Wang as VP

Xi gets second term with economist Wang as VP

China''s parliament unanimously handed President Xi Jinping a second term Saturday and elevated his right-hand man to the vice presidency, giving him a strong ally to consolidate power and handle US trade threats. Xi''s reappointment by the legislature wa
Published 18 Mar, 2018 12:00am
Xi gets second term with economist Wang as VP

Xi gets second term with economist Wang as VP

China's parliament unanimously handed President Xi Jinping a second term Saturday and elevated his right-hand man to the vice presidency, giving him a strong ally to consolidate power and handle US trade threats. Xi's reappointment by the legislature was
Published 18 Mar, 2018 12:00am
Xi gets second term with economist Wang as VP

Xi gets second term with economist Wang as VP

China's parliament unanimously handed President Xi Jinping a second term Saturday and elevated his right-hand man to the vice presidency, giving him a strong ally to consolidate power and handle US trade threats. Xi's reappointment by the legislature was
Published 18 Mar, 2018 12:00am
Sanjrani invited to visit Saudi Arabia

Sanjrani invited to visit Saudi Arabia

The Governor of Tabuk, Prince Fahd, has conversed with Senate Chairman Sadiq Sanjrani by telephone and invited him to visit the Kingdom of Saudi Arabia. Aaj News reported on Saturday that Saudi Prince has close relations with Sanjrani. He congratulated hi
Published 18 Mar, 2018 12:00am
Pence urges Pakistan to 'do more' against Taliban

Pence urges Pakistan to 'do more' against Taliban

US Vice President Mike Pence told Pakistan's Prime Minister Shahid Khaqan Abbasi that his country "must do more" against the Taliban and other militants, the White House said on Saturday.
Published 18 Mar, 2018 12:00am
Pence urges Pakistan to 'do more' against Taliban

Pence urges Pakistan to 'do more' against Taliban

US Vice President Mike Pence told Pakistan's Prime Minister Shahid Khaqan Abbasi that his country "must do more" against the Taliban and other militants, the White House said on Saturday.
Published 18 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (March 17, 2018) and the forecast for Sunday (March 18, 2018).

Published 18 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (March 17, 2018).

Published 18 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (March 17, 2018)

Published 18 Mar, 2018 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 (March 17, 2018).

Published 18 Mar, 2018 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 (March 17, 2018).

Published 18 Mar, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee sustained its present levels against the dollar on the money market on Saturday in the process of trading, experts said. The rupee showed no changes in terms of the dollar for buying and selling at Rs 111.50 and Rs 111.80 respectively, they said
Published 18 Mar, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee sustained its present levels against the dollar on the money market on Saturday in the process of trading, experts said. The rupee showed no changes in terms of the dollar for buying and selling at Rs 111.50 and Rs 111.80 respectively, they said
Published 18 Mar, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (March 17, 2018).

Published 18 Mar, 2018 12:00am
Brazil CS sugar output likely to fall

Brazil CS sugar output likely to fall

Brazil's center-south, the world's largest sugar-producing region, is expected to reduce output of the sweetener by 10 percent in the 2018/19 cane crop that kicks off in April, due to low global sugar prices and stagnant cane production. A Reuters poll th
Published 18 Mar, 2018 12:00am
Vietnamese coffee prices fall; Indonesia's mini-harvest underway

Vietnamese coffee prices fall; Indonesia's mini-harvest underway

Vietnamese coffee prices fell slightly tracking the London market, while trading volumes in Indonesia have started picking up as a mini-harvest is underway. Farmers in Dak Lak province, Vietnam's key coffee-growing area, quoted beans at 37,400-37,700 dong
Published 18 Mar, 2018 12:00am
Bangladesh tea prices rise

Bangladesh tea prices rise

Tea prices in Bangladesh rose on Tuesday at the last auction of the current season, snapping a six-week run of declines, amid tight supplies. Bangladeshi tea fetched an average price of 196.54 taka ($2.80) per kg at the auction compared with a revised pri
Published 18 Mar, 2018 12:00am
German wheat harvest seen down, rapeseed up

German wheat harvest seen down, rapeseed up

Germany's 2018 wheat harvest will fall 1.1 percent on the year to 24.21 million tonnes after poor weather restricted sowings, the country's association of farm cooperatives said on Thursday in its first forecast of the country's new crop. The association
Published 18 Mar, 2018 12:00am
European wheat firm on US markets fall

European wheat firm on US markets fall

European wheat held firm on Thursday despite a sharp fall on US markets, helped by a drop in the euro against the dollar and by farmers' reluctance to sell their grain as they hold out for better prices. May milling wheat on Paris-based Euronext, unoffici
Published 18 Mar, 2018 12:00am
Thai rice prices jump as China, Indonesia buy

Thai rice prices jump as China, Indonesia buy

Rice prices in Thailand jumped this week, boosted by fresh purchases from China and Indonesia amid a buoyant baht, while demand for the staple weakened in top-exporter India. In Thailand, the world's second-biggest rice exporter, benchmark 5 percent broke
Published 18 Mar, 2018 12:00am
Cotton market: active buying by spinners amid profit-taking
Cotton

Cotton market: active buying by spinners amid profit-taking

Spinners did not show any reluctance in making new deals on the cotton market on Saturday as prices matched with their psychological levels, dealers said. Official spot rate was unchanged at Rs 7500, they added. In Sindh and Punjab prices were at Rs 2800-
Published 18 Mar, 2018 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, supported by improved buying interest and small gains in Malaysian palm oil futures on short-covering and improved March demand. Malaysia reduced export tax to zero in January,
Published 18 Mar, 2018 12:00am
Asian naphtha rises to 2-1/2 month high

Asian naphtha rises to 2-1/2 month high

Asia's naphtha crack rose for a second day on Thursday to reach a near two-month high of $87.55 a tonne as recent demand helped ease some of the previous excess supplies woes. Fewer cargoes arriving in Asia this month compared to January and February from
Published 18 Mar, 2018 12:00am
China's steel mills boost output despite winter curbs

China's steel mills boost output despite winter curbs

China's daily steel output rose in January and February as mills in the world's top producer raced to take advantage of high prices, even as worries mount about a growing surplus and slowing demand from the construction sector. The strong output data on W
Published 18 Mar, 2018 12:00am
CBOT wheat futures fall in technical selling

CBOT wheat futures fall in technical selling

Both Chicago Board of Trade and K.C. wheat futures declined roughly 2 percent on Thursday in technical selling triggered in part by disappointing US wheat export sales and outlooks for US rains, traders said. CBOT wheat was on pace to notch the largest de
Published 18 Mar, 2018 12:00am
CBOT soyabean futures higher on bargain buying
Exchange

CBOT soyabean futures higher on bargain buying

Chicago Board of Trade soyabean futures turned higher on Thursday, recovering on technical and bargain buying after an earlier roughly one-month low, traders said. Front-month CBOT May soyabeans settled up 8-1/2 cents at $10.40-3/4, after dropping to $10.
Published 18 Mar, 2018 12:00am
Brazilian grain producers explore increased use of Panama Canal
Exchange

Brazilian grain producers explore increased use of Panama Canal

Brazilian farmers in top soya state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority's chief administrator sai
Published 18 Mar, 2018 12:00am
South Korea buys 120,000 tonnes of corn

South Korea buys 120,000 tonnes of corn

South Korea's Korea Corn Processing Industry Association (KOCOPIA) purchased about 120,000 tonnes of corn to be sourced from optional origins in a tender on Tuesday, continuing a series of large purchases by South Korean buyers, European traders said. The
Published 18 Mar, 2018 12:00am
Good weather for spring grain sowing in Russia, Ukraine

Good weather for spring grain sowing in Russia, Ukraine

Favourable weather ahead of spring grain sowing in Black Sea producers Russia and Ukraine is bolstering the chances of another large harvest due to good levels of soil moisture, analysts and industry officials said. Active spring grain sowing in Russia an
Published 18 Mar, 2018 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday, boosted by a weak Canadian dollar and stronger soyaoil prices. Crusher profit margins improved during the day, prompting buying, a trader said. May canola gained $3.60 to $522 per tonne. The May-July canola sp
Published 18 Mar, 2018 12:00am
Soyameal falls on European feeds market

Soyameal falls on European feeds market

Soyameal on the European meals and feeds market dropped on Thursday with lower CBOT soyameal futures on the outlook for an increase in US soyabean planting in 2018. "The planting intentions survey was bearish, but it might only weigh on the market briefly
Published 18 Mar, 2018 12:00am
European gasoline margins firm but high stocks weigh

European gasoline margins firm but high stocks weigh

Gasoline refining margins rose on Thursday but remained under big pressure from rising stocks in the region. Traders are storing gasoline on tankers off Europe's coasts as they struggle to contain a steady rise in supplies since the start of the year that
Published 18 Mar, 2018 12:00am
Argentine soya crop estimate crashes to 40 million tonnes
Exchange

Argentine soya crop estimate crashes to 40 million tonnes

Argentina's Rosario Grains Exchange slashed 14 percent off its forecast for the country's soya crop on Thursday, saying a four-month-old drought would limit the harvest to 40 million tonnes versus last month's estimate of 46.5 million. The South American
Published 18 Mar, 2018 12:00am
India's ICICI Securities IPO seeks up to $620 million

India's ICICI Securities IPO seeks up to $620 million

Indian brokerage ICICI Securities Ltd will launch an initial public offering next week in a sale that will raise its parent as much as 40.17 billion rupees ($620 million), adding to a busy month for first-time share sales in the country.
Published 18 Mar, 2018 12:00am
India's ICICI Securities IPO seeks up to $620 million

India's ICICI Securities IPO seeks up to $620 million

Indian brokerage ICICI Securities Ltd will launch an initial public offering next week in a sale that will raise its parent as much as 40.17 billion rupees ($620 million), adding to a busy month for first-time share sales in the country.
Published 18 Mar, 2018 12:00am
Russia bondholders happy to hug sovereign as sanctions talk swirls

Russia bondholders happy to hug sovereign as sanctions talk swirls

Global investors are unlikely to start shunning Russia's sovereign debt even though Russian entities and individuals are seen at risk of further sanctions over a nerve agent attack on a former Russian double agent and his daughter in Britain.
Published 18 Mar, 2018 12:00am
Russia bondholders happy to hug sovereign as sanctions talk swirls

Russia bondholders happy to hug sovereign as sanctions talk swirls

Global investors are unlikely to start shunning Russia's sovereign debt even though Russian entities and individuals are seen at risk of further sanctions over a nerve agent attack on a former Russian double agent and his daughter in Britain.
Published 18 Mar, 2018 12:00am
TSX climbs
Exchange

TSX climbs

Canada's main stock index ended higher on Friday as strength in the price of US crude oil helped drive up shares in energy companies. The Toronto Stock Exchange's S&P/TSX composite index ended up 40.71 points, or 0.26 percent, at 15,711.33. Five of the 10
Published 18 Mar, 2018 12:00am
North American energy IPOs set to rebound
Exchange

North American energy IPOs set to rebound

Higher oil prices and a positive earnings outlook for energy companies are expected to fuel a rebound in North American oil and gas initial public offerings in 2018, with bankers betting investors will remain optimistic about the sector even if the broade
Published 18 Mar, 2018 12:00am
Britain to sell fewest bonds since crisis in 2018-19

Britain to sell fewest bonds since crisis in 2018-19

Britain's government will sell the fewest bonds in any fiscal year since the financial crisis in 2018/19, possibly worth less than 100 billion pounds, a Reuters poll of primary dealers showed on Monday. The figures come a day before finance minister Phili
Published 18 Mar, 2018 12:00am
Britain to sell fewest bonds since crisis in 2018-19

Britain to sell fewest bonds since crisis in 2018-19

Britain's government will sell the fewest bonds in any fiscal year since the financial crisis in 2018/19, possibly worth less than 100 billion pounds, a Reuters poll of primary dealers showed on Monday. The figures come a day before finance minister Phili
Published 18 Mar, 2018 12:00am
China's Hua Medicine plans $400 million Hong Kong IPO
Exchange

China's Hua Medicine plans $400 million Hong Kong IPO

Chinese drug developer Hua Medicine is planning to raise at least $400 million in an initial public offering in Hong Kong in the latest in a series of biotech floats in the city, said people with knowledge of the matter.
Published 18 Mar, 2018 12:00am
China's Hua Medicine plans $400 million Hong Kong IPO
Exchange

China's Hua Medicine plans $400 million Hong Kong IPO

Chinese drug developer Hua Medicine is planning to raise at least $400 million in an initial public offering in Hong Kong in the latest in a series of biotech floats in the city, said people with knowledge of the matter.
Published 18 Mar, 2018 12:00am
Treasuries outlook: yields rise on stronger data, before Fed meeting

Treasuries outlook: yields rise on stronger data, before Fed meeting

Yields rose on Friday after data showed US industrial production surged in February and in anticipation of next week's Federal Open Market Committee meeting, at which the US central bank is expected to raise interest rates for the first time this year.
Published 18 Mar, 2018 12:00am
Treasuries outlook: yields rise on stronger data, before Fed meeting

Treasuries outlook: yields rise on stronger data, before Fed meeting

Yields rose on Friday after data showed US industrial production surged in February and in anticipation of next week's Federal Open Market Committee meeting, at which the US central bank is expected to raise interest rates for the first time this year.
Published 18 Mar, 2018 12:00am
Hello Kitty to make bullet train debut in Japan

Hello Kitty to make bullet train debut in Japan

Hello Kitty has already found its way onto bus and aircraft services - and is now set to make its debut on Japan's iconic bullet train. West Japan Railway will launch "Hello Kitty Shinkansen" services on its bullet train line connecting Osaka and Fukuoka
Published 18 Mar, 2018 12:00am
Coca-Cola, US State Department to use blockchain to combat forced labour

Coca-Cola, US State Department to use blockchain to combat forced labour

Coca-Cola Co and the US State Department along with three other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labour worldw
Published 18 Mar, 2018 12:00am
Turkish Cypriots vow to stand firm in island gas dispute

Turkish Cypriots vow to stand firm in island gas dispute

After a standoff in the Mediterranean that saw Turkish warships force back an Italian rig, Turkish Cypriot authorities insist no resources can be tapped around the divided island unless they are on-board. The confrontation over gas deposits has seen tensi
Published 18 Mar, 2018 12:00am
Germany's Henkell takes majority Freixenet stake

Germany's Henkell takes majority Freixenet stake

German sparkling wine firm Henkell said Saturday it has set out its stall to become market world leader by taking a majority stake in Spanish cava giant Freixenet. "Henkell, the branch of the Oetker group specialised in sparkling wine, has signed an accor
Published 18 Mar, 2018 12:00am
Japan Tobacco buys Russia's fourth-largest cigarette maker

Japan Tobacco buys Russia's fourth-largest cigarette maker

Japan Tobacco has agreed to buy Donskoy Tabak, Russia's fourth-largest cigarette maker, for $1.6 billion (90 billion roubles) in a bid to reinforce its leading position in the country. One of the world's biggest tobacco companies, whose global brands incl
Published 18 Mar, 2018 12:00am
Venezuela begins power rationing as drought causes severe outages

Venezuela begins power rationing as drought causes severe outages

Venezuela imposed electricity rationing this week in six western states, as the crisis-hit country's creaky power grid suffered from a drought that has reduced water levels in key reservoirs needed to run hydroelectric power generators. The four-hour form
Published 18 Mar, 2018 12:00am
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