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Print - 2018-09-18
Illegal hooks, encroachments severe public safety hazard: KE

Illegal hooks, encroachments severe public safety hazard: KE

K-Electric (KE) reiterates that illegal hook connections and encroachments around power infrastructure is a severe public safety hazard. The power utility has also identified illegal settlements/encroachments around power infrastructure across its network
Published 18 Sep, 2018 12:00am
Qureshi may meet Sushma in New York

Qureshi may meet Sushma in New York

Foreign Minister Shah Mehmood Qureshi will leave for New York on September 22 to lead Pakistan's delegation to the United Nations General Assembly session where he is expected to meet his Indian counterpart Sushma Swaraj and other world leaders on the sid
Published 18 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
Qureshi may meet Sushma in New York

Qureshi may meet Sushma in New York

Foreign Minister Shah Mehmood Qureshi will leave for New York on September 22 to lead Pakistan's delegation to the United Nations General Assembly session where he is expected to meet his Indian counterpart Sushma Swaraj and other world leaders on the sid
Published 18 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
Anarchists attack Iran embassy in Athens

Anarchists attack Iran embassy in Athens

An anarchist group attacked the Iranian embassy in Athens early Monday, smashing windows and throwing red paint into the courtyard in protest at Tehran's treatment of its Kurdish population, police said. "The attack was claimed by the Rubicon group," a po
Published 18 Sep, 2018 12:00am
Anarchists attack Iran embassy in Athens

Anarchists attack Iran embassy in Athens

An anarchist group attacked the Iranian embassy in Athens early Monday, smashing windows and throwing red paint into the courtyard in protest at Tehran's treatment of its Kurdish population, police said. "The attack was claimed by the Rubicon group," a po
Published 18 Sep, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
Sharif family's petitions: SC rejects NAB plea, imposes Rs 20,000 fine

Sharif family's petitions: SC rejects NAB plea, imposes Rs 20,000 fine

The Supreme Court Monday dismissed the appeal of National Accountability Bureau (NAB) against Islamabad High Court's (IHC's) order to hear the Sharif family's petitions filed against the sentence awarded by an Accountability Court in the Avenfield Apartme
Published 18 Sep, 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 Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
Sharif family's petitions: SC rejects NAB plea, imposes Rs 20,000 fine

Sharif family's petitions: SC rejects NAB plea, imposes Rs 20,000 fine

The Supreme Court Monday dismissed the appeal of National Accountability Bureau (NAB) against Islamabad High Court's (IHC's) order to hear the Sharif family's petitions filed against the sentence awarded by an Accountability Court in the Avenfield Apartme
Published 18 Sep, 2018 12:00am
IHC irked by NAB's conduct

IHC irked by NAB's conduct

The Islamabad High Court (IHC) on Monday expressed annoyance over the top anti-graft body's decision of challenging its order, as National Accountability Bureau (NAB) has approached the Supreme Court, saying that the IHC has no authority to hear suspensio
Published 18 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 17, 2018)

Published 18 Sep, 2018 12:00am
IHC irked by NAB's conduct

IHC irked by NAB's conduct

The Islamabad High Court (IHC) on Monday expressed annoyance over the top anti-graft body's decision of challenging its order, as National Accountability Bureau (NAB) has approached the Supreme Court, saying that the IHC has no authority to hear suspensio
Published 18 Sep, 2018 12:00am
Money laundering case: ex-official, wife grilled in UK

Money laundering case: ex-official, wife grilled in UK

British National Crimes Agency arrested and interrogated Farhan Junejo, former grade-18 government officer who also served as director Trade Development Authority of Pakistan (TDAP) on deputation and his wife, Aaj News reported Monday.
Published 18 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 18 Sep, 2018 12:00am
Money laundering case: ex-official, wife grilled in UK

Money laundering case: ex-official, wife grilled in UK

British National Crimes Agency arrested and interrogated Farhan Junejo, former grade-18 government officer who also served as director Trade Development Authority of Pakistan (TDAP) on deputation and his wife, Aaj News reported Monday.
Published 18 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 18 Sep, 2018 12:00am
Sharifs shifted back to Adiala jail

Sharifs shifted back to Adiala jail

Former prime minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Captain Muhammad Safdar (Retd) were shifted back to Adiala Jail after the five-day parole granted to them due to the death of Begum Kulsoom Nawaz ended Monday. Sharif, Maryam and
Published 18 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 18 Sep, 2018 12:00am
Sharifs shifted back to Adiala jail

Sharifs shifted back to Adiala jail

Former prime minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Captain Muhammad Safdar (Retd) were shifted back to Adiala Jail after the five-day parole granted to them due to the death of Begum Kulsoom Nawaz ended Monday. Sharif, Maryam and
Published 18 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 17, 2018).

Published 18 Sep, 2018 12:00am
TCP initiates import of 0.1 million tonnes of urea

TCP initiates import of 0.1 million tonnes of urea

Following the directives of the federal government, the Trading Corporation of Pakistan (TCP) has initiated import of 0.1 million metric tons of urea for domestic consumption. In the second week of this month, the Economic Coordination Committee of the Ca
Published 18 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Monday (September 17, 2018) and the forecast for Tuesday (September 18, 2018).

Published 18 Sep, 2018 12:00am
TCP initiates import of 0.1 million tonnes of urea

TCP initiates import of 0.1 million tonnes of urea

Following the directives of the federal government, the Trading Corporation of Pakistan (TCP) has initiated import of 0.1 million metric tons of urea for domestic consumption. In the second week of this month, the Economic Coordination Committee of the Ca
Published 18 Sep, 2018 12:00am
TCP initiates import of 0.1 million tonnes of urea

TCP initiates import of 0.1 million tonnes of urea

Following the directives of the federal government, the Trading Corporation of Pakistan (TCP) has initiated import of 0.1 million metric tons of urea for domestic consumption. In the second week of this month, the Economic Coordination Committee of the Ca
Published 18 Sep, 2018 12:00am
SC had not prohibited production of Volume-X: Zia

SC had not prohibited production of Volume-X: Zia

Key prosecution witness Wajid Zia Monday told the Accountability Court hearing corruption cases against the Sharif family members that the Supreme Court had not prohibited the production of Volume-X of joint investigation team (JIT) report during the tria
Published 18 Sep, 2018 12:00am
SC had not prohibited production of Volume-X: Zia

SC had not prohibited production of Volume-X: Zia

Key prosecution witness Wajid Zia Monday told the Accountability Court hearing corruption cases against the Sharif family members that the Supreme Court had not prohibited the production of Volume-X of joint investigation team (JIT) report during the tria
Published 18 Sep, 2018 12:00am
UK economy will shrink without Brexit deal, IMF warns

UK economy will shrink without Brexit deal, IMF warns

Britain's economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of some Brexit supporters. The Fund predi
Published 18 Sep, 2018 12:00am
UK economy will shrink without Brexit deal, IMF warns

UK economy will shrink without Brexit deal, IMF warns

Britain's economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of some Brexit supporters. The Fund predi
Published 18 Sep, 2018 12:00am
UK economy will shrink without Brexit deal, IMF warns

UK economy will shrink without Brexit deal, IMF warns

Britain''s economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of some Brexit supporters. The Fund pred
Published 18 Sep, 2018 12:00am
Money laundering charges: Pakistani couple grilled in London

Money laundering charges: Pakistani couple grilled in London

Britain's National Crime Agency said on Monday it has arrested a former Pakistani 'politically exposed person' in connection with alleged money laundering in the UK. It is believed the person made money through corruption in Pakistan.
Published 18 Sep, 2018 12:00am
The budget season

The budget season

The Sindh government inexplicably and in marked deviation from prevalent practice, has announced its budget for the remaining nine months of the ongoing fiscal year before the federal government has amended the April 2018 budget raising serious questions
Published 18 Sep, 2018 12:00am
Uncontrolled population growth

Uncontrolled population growth

A recent roundtable discussion hosted by the Punjab Public Health Agency (PPHA) on "Family Planning - the Way Forward", underscored the need for paying the growing population bulge the attention it deserves. Pakistan's population is increasing at an alarm
Published 18 Sep, 2018 12:00am
The expectations gap

The expectations gap

The lynchpin of the manifesto of the ruling party, Pakistan Tehreek-e-Insaf (PTI), is the commitment to create 10 million jobs in its tenure of five years. Next in order of value perhaps to the people is the target of construction of 5 million houses also
Published 18 Sep, 2018 12:00am
The dams issue

The dams issue

So long as Chief Justice of Pakistan (CJP) Mian Saqib Nisar confined himself to launching a fund raising campaign to build the Diamer-Bhasha and Mohmand Dams, sceptics and critics were inclined to view the effort as a well intentioned but quixotic effort
Published 18 Sep, 2018 12:00am
Pompeo seeks rapprochement with alienated US diplomats

Pompeo seeks rapprochement with alienated US diplomats

US Secretary of State Mike Pompeo has nearly doubled promotions of top American diplomats as he seeks to restore diplomatic ties with a workforce alienated by his predecessor, Rex Tillerson.
Published 18 Sep, 2018 12:00am
'Are luxury goods really the problem?'

'Are luxury goods really the problem?'

I would like to compliment Rumman Ahmed on his erudite and timely article on whether banning the import of certain goods would assist in addressing the very large imbalance on Pakistan's trade account. He estimates, correctly in my view, that it may at be
Published 18 Sep, 2018 12:00am
PSQCA officials evade accountability due to slow probe

PSQCA officials evade accountability due to slow probe

The slow pace of inquiries pertaining to financial irregularities and illegal appointments in Pakistan Standard and Quality Control Authority (PSQCA) is causing inordinate delay in bringing the corrupt and delinquent officials to book.
Published 18 Sep, 2018 12:00am
CJCSC urges world powers to focus on conflict resolution

CJCSC urges world powers to focus on conflict resolution

Expressing concern over the global decline in peace index and the impact of deterioration of peace on global economy, Chairman Joint Chiefs of Staff Committee (CJCSC) Gen Zubair Mahmood Hayat on Monday asked the world powers to focus on the unresolved Kas
Published 18 Sep, 2018 12:00am
UK Home Secretary pays courtesy call on PM

UK Home Secretary pays courtesy call on PM

British Home Secretary Sajid Javid paid a courtesy call on Prime Minister Imran Khan on Monday. The Prime Minister expressed satisfaction on the current direction of bilateral relations and hoped that the two countries would further strengthen this into a
Published 18 Sep, 2018 12:00am
QWP opposes KBD, repeal of 18th Amendment

QWP opposes KBD, repeal of 18th Amendment

Qaumi Watan Party (QWP) has opposed the construction of Kalabagh dam, rolling back or changes in the 18th constitutional amendment and delay in implementation of the developmental plan of newly merged tribal districts.
Published 18 Sep, 2018 12:00am
Five outlaws held

Five outlaws held

The police arrested five outlaws, recovered weapons, looted cash and other valuables from their possession, during separate actions in the metropolis on Monday. After exchange of fire with culprits fleeing after committing a robbery in Federal 'B' Area of
Published 18 Sep, 2018 12:00am
Outgoing Canadian HC calls on Qureshi

Outgoing Canadian HC calls on Qureshi

Perry John Calderwood, the outgoing Canadian High Commissioner in Islamabad called on Foreign Minister Shah Mahmood Qureshi at the Ministry of Foreign Affairs earlier on Monday. The foreign minister appreciated the contributions of the outgoing Canadian h
Published 18 Sep, 2018 12:00am
Eight injured in Kharan blast

Eight injured in Kharan blast

At least eight people were injured in a hand grenade blast near Kharan's Bazaar area on Monday. According to police sources, a security forces vehicle was patrolling in the area when unknown men riding a motorbike hurled hand grenades at the vehicle which
Published 18 Sep, 2018 12:00am
Senate panel dismayed over EPA's lack of facilities

Senate panel dismayed over EPA's lack of facilities

The Senate Standing Committee on Climate Change Monday expressed dismay while reviewing the status of international protocols and agreements regarding climate change, as Environmental Protection Agency (EPA) is faced with shortage of resources to ensure t
Published 18 Sep, 2018 12:00am
LHC seeks suggestion to conserve clean water

LHC seeks suggestion to conserve clean water

The Lahore High Court on Monday directed the secretary for housing & urban Punjab to come up with suggestions on Tuesday (today) to stop waste of clean water. Petitioner Abdullah Malik of Civil Society Network pleaded that clean water was being wasted by
Published 18 Sep, 2018 12:00am
PK-71 by-poll: ECP urged to take notice of code of conduct violation

PK-71 by-poll: ECP urged to take notice of code of conduct violation

The expected candidate of Awami National Party (ANP) for by-election KP-71, Salahuddin has demanded of the Election Commission of Pakistan to take notice against using of government machinery and violation of code of conduct ahead of by-election in provin
Published 18 Sep, 2018 12:00am
Chinese delegation meets minister

Chinese delegation meets minister

Federal Minister for Education and Professional Training, Shafqat Mahmood was called on by a Chinese delegation led by China's Ambassador to Pakistan Yao Jing. The education minister welcomed the Chinese delegation.
Published 18 Sep, 2018 12:00am
Customs values of chewing gum, mint revised

Customs values of chewing gum, mint revised

Directorate General Customs Valuation (DGCV) has revised the customs values of chewing gum and mint under sub-section (7) of the section 25 of the Customs Act, 1969.
Published 18 Sep, 2018 12:00am
Sindh ADP slashed by Rs 24 billion to Rs 228 billion

Sindh ADP slashed by Rs 24 billion to Rs 228 billion

Sindh's Annual Development Plan (ADP) has been slashed by Rs 24 billion to Rs228 billion from Rs252 billion for financial year 2018-19 after facing the shortfall in federal transfers. Sindh Chief Minister Syed Murad Ali Shah presenting the Sindh budget 20
Published 18 Sep, 2018 12:00am
Meezan Bank, Honda Atlas Cars Pakistan sign MoU

Meezan Bank, Honda Atlas Cars Pakistan sign MoU

Meezan Bank has signed a Memorandum of Understanding with Honda Atlas Cars Pakistan Ltd to provide exclusive value-added services to its customers. Arshad Majeed Group Head Consumer Finance, Meezan Bank signed the MoU along with Hironobu Yoshmimura CEO of
Published 18 Sep, 2018 12:00am
PM needs time, support to make house in order: Hamdard Shura

PM needs time, support to make house in order: Hamdard Shura

Speakers at Shura Hamdard Karachi chapter meeting have urged people to give time to new government to resolve national problems while the government channelize energy and passion of youth in reconstruction of the country.
Published 18 Sep, 2018 12:00am
Karachi Shipyard hands over 32-T BP Tug to Navy

Karachi Shipyard hands over 32-T BP Tug to Navy

Handing Over ceremony of 32 T Bollard Pull (BP) Tug built for Pakistan Navy was held at Karachi Shipyard and Engineering Works (KS&EW) on Monday. Rear Admiral Ather Mukhtar HI (M), Deputy Chief of Naval Staff (Project) graced the occasion as Chief Guest.
Published 18 Sep, 2018 12:00am
Body formed to investigate use of luxury vehicles in Sindh

Body formed to investigate use of luxury vehicles in Sindh

Sindh Chief Minister (CM) Syed Murad Ali Shah on Monday constituted a three-member committee to probe into use of luxury vehicles under provincial government. The committee comprises three provincial ministers including minister for excise and taxation. M
Published 18 Sep, 2018 12:00am
Musharraf donates Rs 15 million to dams' fund

Musharraf donates Rs 15 million to dams' fund

Former military dictator and All Pakistan Muslim League (APML) chairman General Pervez Musharraf (retd) has announced to donate Rs15 million into the dams fund. The announcement was made on the official twitter handle of the APML.
Published 18 Sep, 2018 12:00am
PSX holidays

PSX holidays

Pakistan Stock Exchange Limited will remain closed on Thursday and Friday (September 20 & 21) on account of Ashura; 9th and 10th of Muharram, 1440 A.H. This was announced by PSX through a notice issued to all TRE certificate holders, staff and concerned.
Published 18 Sep, 2018 12:00am
PM's help sought for release of rice containers stuck in Kenya

PM's help sought for release of rice containers stuck in Kenya

Rice exporters have sought help from the Prime Minister for release of consignments stuck at Kenyan ports for the last six weeks. Since August 2, 2018, some 600 containers loaded with Pakistani rice have been stuck at Mombasa, Kenyan Port because Kenyan c
Published 18 Sep, 2018 12:00am
NBP to invest in system upgrade for boosting digital banking

NBP to invest in system upgrade for boosting digital banking

In order to facilitate customer, National Bank of Pakistan (NBP) has decided to invest in the system upgradation for digital banking. Talking to mediapersons Monday at NBP head office, Tariq Jamali, Acting President and Chief Executive Officer (CEO) Natio
Published 18 Sep, 2018 12:00am
Japan conducts first submarine drill in South China Sea

Japan conducts first submarine drill in South China Sea

Japan has carried out its first submarine drill in the South China Sea, local media said on Monday, a move that could provoke Beijing which claims most of the disputed waters. The anti-submarine drill was conducted on Thursday in the region to "improve st
Published 18 Sep, 2018 12:00am
Gold climbs in Europe
Currency

Gold climbs in Europe

A softer dollar and short-covering lifted gold on Monday after two sessions of declines, but investors prepared for more weakness as simmering US-China trade tensions suggested the currency would stay supported. Spot gold was up 0.7 percent at $1,201.01 a
Published 18 Sep, 2018 12:00am
Gold edges up in Asia

Gold edges up in Asia

Gold inched up on Monday as investors looked for short-term gains using the metal's recent narrow trading range, amid increasing Sino-US trade tensions and prospects of further interest rate hikes by the US Federal Reserve. Spot gold was up 0.2 percent at
Published 18 Sep, 2018 12:00am
Arabica coffee falls to over 12-year low, sugar slumps
Currency

Arabica coffee falls to over 12-year low, sugar slumps

Arabica coffee futures on ICE fell to the lowest in more than 12 years on Monday, pressured by ample global supplies and the weak Brazilian currency, while sugar prices tumbled more than 4 percent on the possibility of strong Indian exports. December arab
Published 18 Sep, 2018 12:00am
EU crop monitor trims maize, sugar beet yields again

EU crop monitor trims maize, sugar beet yields again

The effects of a summer drought have continued to weigh on crops in the European Union despite less severe conditions in the past month, the EU's crop monitoring service said on Monday, as it trimmed its outlook for 2018 maize and sugar beet yields.
Published 18 Sep, 2018 12:00am
Typhoon has limited impact on China sugar

Typhoon has limited impact on China sugar

Typhoon Mangkhut did not damage China's sugarcane crop as severely as expected and its impact on sugar output is likely to be limited, two analysts and a sugar producer told Reuters. Shares in China's major sugar producers jumped on Monday as investors wo
Published 18 Sep, 2018 12:00am
Oil near flat as market weighs US-China trade tensions, Iran sanctions

Oil near flat as market weighs US-China trade tensions, Iran sanctions

Oil prices were little changed on Monday as the market weighed deepening trade tension between the US and China that is expected to dent global crude demand and potential supply tightening due to Iran sanctions. Brent crude futures dipped 4 cents to settl
Published 18 Sep, 2018 12:00am
US shale oil production to rise to 7.6 million bpd

US shale oil production to rise to 7.6 million bpd

Oil output from seven major shale formations in the United States is expected to rise by 79,000 barrels per day to 7.6 million bpd in October, the US Energy Information Administration said Monday.
Published 18 Sep, 2018 12:00am
Knife attacker wounds Belgian police officer

Knife attacker wounds Belgian police officer

A Belgian police officer received a knife wound to the head and his alleged attacker was shot and seriously wounded on Monday, Brussels police said. The city prosecutor's office said the attacker was a Belgian national "of Egyptian origin" who was born in
Published 18 Sep, 2018 12:00am
Major fire engulfs homes in downtown Hanoi

Major fire engulfs homes in downtown Hanoi

Firefighters late Monday battled a major blaze in central Hanoi that engulfed several homes near a children's hospital and sent panicked residents running for safety. There were no deaths or injuries reported hours after the fire started in a crowded part
Published 18 Sep, 2018 12:00am
Two dead after migrant boat capsizes off Turkey

Two dead after migrant boat capsizes off Turkey

Two women died and sixteen other mainly Iraqi migrants, including eight children, were rescued on Monday after their boat capsized off the southwestern Turkish coast, the coastguard said. The coastguard intervened to rescue the migrants after they were al
Published 18 Sep, 2018 12:00am
US, Russia clash at UN over North Korea sanctions

US, Russia clash at UN over North Korea sanctions

The United States on Monday accused Russia of "cheating" on UN sanctions against North Korea with plans for a railway project, oil transfers and ongoing business dealings with Pyongyang. Russia shot back and charged that Washington was blocking steps to f
Published 18 Sep, 2018 12:00am
Protests paralyse Ethiopia capital after violence kills 23

Protests paralyse Ethiopia capital after violence kills 23

Demonstrators flooded the Ethiopian capital Addis Ababa on Monday, blocking roads and shutting businesses in an explosion of anger following the killing of 23 people on the city's outskirts over the weekend. The unrest in Ethiopia's largest city was the l
Published 18 Sep, 2018 12:00am
Japan's Murakami snubs 'alternative' Nobel prize

Japan's Murakami snubs 'alternative' Nobel prize

Thanks, but no thanks: Japanese author Haruki Murakami, a finalist for the "alternative Nobel Literature Prize", has withdrawn his nomination, telling organisers he wants to focus on work and avoid the spotlight. The New Academy Prize in Literature was fo
Published 18 Sep, 2018 12:00am
Sri Lanka president tells diplomats: pick up phone or pack up

Sri Lanka president tells diplomats: pick up phone or pack up

Sri Lanka's president on Monday justified his decision to sack six diplomats - including an ambassador - for not answering his phone calls, saying more would follow if the foreign service did not shape up. Maithripala Sirisena was criticised for the shock
Published 18 Sep, 2018 12:00am
Mauritania's ruling party sweeps polls

Mauritania's ruling party sweeps polls

Mauritania's ruling party swept legislative, municipal and local elections, according to final results announced Monday, in a key test before a presidential poll seven months away. The Union for the Republic (UPR) party of President Mohamed Ould Abdel Azi
Published 18 Sep, 2018 12:00am
Abu Dhabi to sell over 25 percent of Spain's Cepsa

Abu Dhabi to sell over 25 percent of Spain's Cepsa

Abu Dhabi's state investor plans to float at least 25 percent of Spain's Cepsa by the end of 2018, the energy company announced Monday, in what would be the largest listing in a decade on the Madrid stock exchange. Cepsa, which operates across the entire
Published 18 Sep, 2018 12:00am
UK shares flat as market awaits US trade move

UK shares flat as market awaits US trade move

UK shares were broadly unchanged at the close on Monday after a choppy session as investors waited for the next move in the trade dispute between China and the United States.
Published 18 Sep, 2018 12:00am
Petrobras to boost oil output in 2019, cut debt $10 billion

Petrobras to boost oil output in 2019, cut debt $10 billion

Brazil's state-run oil giant Petr?leo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by $10 billion, Chief Financial Officer Rafael Grisolia told Reuters.
Published 18 Sep, 2018 12:00am
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