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Apr 08, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-09-26
OPPO to launch new F9 edition

OPPO to launch new F9 edition

OPPO, the Selfie expert and leader after successfully launching the F9 in sunrise red and twilight blue last month is now set to launch its new F9 edition in Starry Purple with VOOC flash charge in Pakistan market. OPPO has also partnered with Pakistan's
Published 26 Sep, 2018 12:00am
Proposal seeking over Rs 3 increase in power tariff rejected

Proposal seeking over Rs 3 increase in power tariff rejected

The Economic Coordination Committee (ECC) of the Cabinet has turned down a proposal seeking more than Rs 3 per unit increase in electricity tariff, saying it cannot pass on last five years' transmission and distribution losses as well as shortfall in reco
Published 26 Sep, 2018 12:00am
Proposal seeking over Rs 3 increase in power tariff rejected

Proposal seeking over Rs 3 increase in power tariff rejected

The Economic Coordination Committee (ECC) of the Cabinet has turned down a proposal seeking more than Rs 3 per unit increase in electricity tariff, saying it cannot pass on last five years' transmission and distribution losses as well as shortfall in reco
Published 26 Sep, 2018 12:00am
Proposal seeking over Rs 3 increase in power tariff rejected

Proposal seeking over Rs 3 increase in power tariff rejected

The Economic Coordination Committee (ECC) of the Cabinet has turned down a proposal seeking more than Rs 3 per unit increase in electricity tariff, saying it cannot pass on last five years'' transmission and distribution losses as well as shortfall in rec
Published 26 Sep, 2018 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

The rupee was almost unchanged in relation to the dollar on the money market on Tuesday in process of trading, dealers said.
Published 26 Sep, 2018 12:00am
Asghar Khan case: 'Court of inquiry' constituted to conduct trial

Asghar Khan case: 'Court of inquiry' constituted to conduct trial

The Supreme Court was informed on Tuesday that a 'Court of Inquiry' has been constituted that will be headed by a lieutenant general for trial of those retired army officials who were involved in doling out money among a group of politicians in 1990.
Published 26 Sep, 2018 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

The rupee was almost unchanged in relation to the dollar on the money market on Tuesday in process of trading, dealers said.
Published 26 Sep, 2018 12:00am
Asghar Khan case: 'Court of inquiry' constituted to conduct trial

Asghar Khan case: 'Court of inquiry' constituted to conduct trial

The Supreme Court was informed on Tuesday that a 'Court of Inquiry' has been constituted that will be headed by a lieutenant general for trial of those retired army officials who were involved in doling out money among a group of politicians in 1990.
Published 26 Sep, 2018 12:00am
Musharraf offered foolproof security

Musharraf offered foolproof security

The Supreme Court on Tuesday offered foolproof security and medical facility of his choice to former Army Chief General Pervez Musharraf (retd) if he returns to Pakistan and faces high treason case in the Special Court.
Published 26 Sep, 2018 12:00am
Musharraf offered foolproof security

Musharraf offered foolproof security

The Supreme Court on Tuesday offered foolproof security and medical facility of his choice to former Army Chief General Pervez Musharraf (retd) if he returns to Pakistan and faces high treason case in the Special Court.
Published 26 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 25, 2018).

Published 26 Sep, 2018 12:00am
Saudi Arabia launches high-speed rail project

Saudi Arabia launches high-speed rail project

Saudi King Salman on Tuesday inaugurated a high-speed railway linking Makkah and Madina, Islam's holiest cities, described by local officials as the biggest transportation project in the region. The Haramain High Speed Rail system will transport Muslim pi
Published 26 Sep, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (September 25, 2018).

Published 26 Sep, 2018 12:00am
Saudi Arabia launches high-speed rail project

Saudi Arabia launches high-speed rail project

Saudi King Salman on Tuesday inaugurated a high-speed railway linking Makkah and Madina, Islam's holiest cities, described by local officials as the biggest transportation project in the region. The Haramain High Speed Rail system will transport Muslim pi
Published 26 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 Tuesday (September 25, 2018).

Published 26 Sep, 2018 12:00am
Saudi Arabia launches high-speed rail project

Saudi Arabia launches high-speed rail project

Saudi King Salman on Tuesday inaugurated a high-speed railway linking Makkah and Madina, Islam''s holiest cities, described by local officials as the biggest transportation project in the region. The Haramain High Speed Rail system will transport Muslim p
Published 26 Sep, 2018 12:00am
PML-N nominates Shahbaz to head PAC

PML-N nominates Shahbaz to head PAC

Pakistan Muslim League-Nawaz (PML-N) on Tuesday nominated Leader of the Opposition in National Assembly Shahbaz Sharif to head the Public Accounts Committee (PAC). It was decided in the PML-N parliament party meeting chaired by the party President Shahbaz
Published 26 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 25, 2018)

Published 26 Sep, 2018 12:00am
PML-N nominates Shahbaz to head PAC

PML-N nominates Shahbaz to head PAC

Pakistan Muslim League-Nawaz (PML-N) on Tuesday nominated Leader of the Opposition in National Assembly Shahbaz Sharif to head the Public Accounts Committee (PAC). It was decided in the PML-N parliament party meeting chaired by the party President Shahbaz
Published 26 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 25, 2018).

Published 26 Sep, 2018 12:00am
Model Town incident: LHC to announce verdict today

Model Town incident: LHC to announce verdict today

A Lahore High Court full bench is set to announce its verdict today (Wednesday) in a petition of Pakistan Awami Tehreek (PAT) against a trial court's decision of not summoning PML-N leaders nominated in its complaint regarding Model Town killing incident.
Published 26 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 26 Sep, 2018 12:00am
Model Town incident: LHC to announce verdict today

Model Town incident: LHC to announce verdict today

A Lahore High Court full bench is set to announce its verdict today (Wednesday) in a petition of Pakistan Awami Tehreek (PAT) against a trial court's decision of not summoning PML-N leaders nominated in its complaint regarding Model Town killing incident.
Published 26 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 26 Sep, 2018 12:00am
Factory raided, luxury vehicles recovered

Factory raided, luxury vehicles recovered

Directorate General of Customs Intelligence Tuesday raided a private factory in Rawat area of Rawalpindi and recovered 21 luxury vehicles having accumulative value of around Rs 350 million on suspicion of being non-duty paid. However, Embassy of the State
Published 26 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 25, 2018).

Published 26 Sep, 2018 12:00am
Factory raided, luxury vehicles recovered

Factory raided, luxury vehicles recovered

Directorate General of Customs Intelligence Tuesday raided a private factory in Rawat area of Rawalpindi and recovered 21 luxury vehicles having accumulative value of around Rs 350 million on suspicion of being non-duty paid. However, Embassy of the State
Published 26 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (September 25, 2018) and the forecast for Wednesday (September 26, 2018).

Published 26 Sep, 2018 12:00am
Factory raided, luxury vehicles recovered

Factory raided, luxury vehicles recovered

Directorate General of Customs Intelligence Tuesday raided a private factory in Rawat area of Rawalpindi and recovered 21 luxury vehicles having accumulative value of around Rs 350 million on suspicion of being non-duty paid. However, Embassy of the State
Published 26 Sep, 2018 12:00am
Cosby sentenced to up to 10 years in prison

Cosby sentenced to up to 10 years in prison

Bill Cosby was marched out of court in handcuffs on Tuesday after being sentenced to between three and 10 years in prison for sexual assault, capping the downfall of the once-beloved comedian known as "America's Dad."
Published 26 Sep, 2018 12:00am
Cosby sentenced to up to 10 years in prison

Cosby sentenced to up to 10 years in prison

Bill Cosby was marched out of court in handcuffs on Tuesday after being sentenced to between three and 10 years in prison for sexual assault, capping the downfall of the once-beloved comedian known as "America's Dad."
Published 26 Sep, 2018 12:00am
No JIT member sent to KSA to collect evidence, court told

No JIT member sent to KSA to collect evidence, court told

Key prosecution witness and head of joint investigation team (JIT), Wajid Zia, while testifying before the Accountability Court on Tuesday said that no member of the team went to the Kingdom of Saudi Arabia (KSA) to collect evidence about exact cost incur
Published 26 Sep, 2018 12:00am
No JIT member sent to KSA to collect evidence, court told

No JIT member sent to KSA to collect evidence, court told

Key prosecution witness and head of joint investigation team (JIT), Wajid Zia, while testifying before the Accountability Court on Tuesday said that no member of the team went to the Kingdom of Saudi Arabia (KSA) to collect evidence about exact cost incur
Published 26 Sep, 2018 12:00am
Poverty reduction

Poverty reduction

The main purpose of human effort in the modern age is the reduction of poverty and deprivation and most of the countries have succeeded in this effort to a great extent. According to latest annual report of the World Bank, the share of people living in ex
Published 26 Sep, 2018 12:00am
Terrorist strike in Ahvaz

Terrorist strike in Ahvaz

The terrorist attack on a military parade in Iran's south-western city of Ahvaz near the Iraq border that left 24 people dead and 60 others injured, condemnable in the strongest possible terms, signifies dangerous escalation in regional tensions. The Isla
Published 26 Sep, 2018 12:00am
Innovations in Agriculture

Innovations in Agriculture

Urea demand in the country currently stands at 5.833 million tons. But in August 2018 Urea stocks hit the lowest level of 87,000 tons, 12 percent less than the monthly demand. With the local production of 460,000 tons, the total Urea availability in Augus
Published 26 Sep, 2018 12:00am
As US sanctions near, Europe fails to protect Iran deal
Currency

As US sanctions near, Europe fails to protect Iran deal

At a meeting in Washington after Donald Trump pulled out of the Iran nuclear deal in May, a senior US official told European diplomats that their efforts to save the deal by protecting EU investment in the Islamic republic were pointless.
Published 26 Sep, 2018 12:00am
Instagram departures add to woes for Facebook
Kerb

Instagram departures add to woes for Facebook

The departure of Instagram co-founders Kevin Systrom and Mike Krieger adds to the woes of parent firm Facebook as it tries to repair its image hurt by privacy scandals and curb manipulation and misinformation. Instagram, created as a photo-sharing app and
Published 26 Sep, 2018 12:00am
'Charter of economy'

'Charter of economy'

The PTI government's approach to country's economy says it all. According to media reports, Federal Finance Minister Asad Umar has welcomed "charter of economy" proposal floated by Leader of Opposition in the National Assembly Shahbaz Sharif during his de
Published 26 Sep, 2018 12:00am
Parliamentary panel sans Senate's representation a 'big blow': Rabbani

Parliamentary panel sans Senate's representation a 'big blow': Rabbani

Former Chairman Senate Raza Rabbani Tuesday dubbed the government's decision of forming a parliamentary panel having no representation from Senate for probing alleged rigging in July 25 election as a big blow to unity of the Parliament and its supremacy.
Published 26 Sep, 2018 12:00am
NAB petition against IHC order set aside

NAB petition against IHC order set aside

The Supreme Court Tuesday dismissed National Accountability Bureau's (NAB's) application to set aside Islamabad High Court order to transfer the Al-Azizia Steel Mills and Flagship Investment references to Accountability Court-II.
Published 26 Sep, 2018 12:00am
Pakistan wants ties with US based on mutual respect: Qureshi

Pakistan wants ties with US based on mutual respect: Qureshi

Foreign Minister Shah Mehmood Qureshi on Monday said Pakistan desires a broad-based relationship with the United States based on mutual trust and respect. The foreign minister's comments came during a meeting with Congressman Joe Wilson, a Republican memb
Published 26 Sep, 2018 12:00am
Bid to smuggle 17 tons of betel nuts foiled

Bid to smuggle 17 tons of betel nuts foiled

Model Customs Collectorate (MCC), Gadani on Tuesday foiled an attempt to smuggle 17 tons of betel nuts from Quetta to Karachi. According to details, credible information was received that some unscrupulous elements were planning to transport huge quantity
Published 26 Sep, 2018 12:00am
Idea of setting up mini hydel power plants mooted

Idea of setting up mini hydel power plants mooted

The lawmakers in Senate on Tuesday demanded the government to immediately start installation of mini-hydel power plants in areas where there is no electricity and accord priority to Balochistan where about 75 percent population is still without this vital
Published 26 Sep, 2018 12:00am
Khursheed terms corruption cases 'politically motivated'

Khursheed terms corruption cases 'politically motivated'

Pakistan Peoples Party (PPP) leader Syed Khursheed Ahmed Shah on Tuesday said that corruption cases initiated against him by National Accountability Bureau (NAB) are nothing but politically motivated. While talking to journalists at the Parliament House,
Published 26 Sep, 2018 12:00am
Minister accused of flouting 'open door' policy

Minister accused of flouting 'open door' policy

Minister for Higher Education Punjab Raja Yasir Hamayun is violating the open door policy for public announced by Prime Minister Imran Khan to resolve their problems.
Published 26 Sep, 2018 12:00am
NA-108: Abid challenges PTI's candidate's election

NA-108: Abid challenges PTI's candidate's election

A PML-N leader and former state minister Abid Sher Ali has challenged the election of PTI candidate Farrukh Habib from NA-108 through an election petition before the Lahore High Court (LHC). The petitioner contended that the recounting of rejected as well
Published 26 Sep, 2018 12:00am
14 arrested for illegal hunting

14 arrested for illegal hunting

The Wildlife & Parks Department Punjab arrested on Tuesday 14 people involved in illegal netting of quail and falcon and hunting without license. The raiding teams arrested these people from Lahore, Kasur, Sheikhupura and Nankana Sahib. Hunted birds and e
Published 26 Sep, 2018 12:00am
By-elections: 158 in run for one NA, nine PA seats in KP

By-elections: 158 in run for one NA, nine PA seats in KP

As many as 158 candidates including three women of different political parties and independents are in the run for the forthcoming by-elections on October 14 in Khyber Pakhtunkhwa, said a spokesman for ECP KP here Tuesday.
Published 26 Sep, 2018 12:00am
Irish trainers impart training to 709 ER technicians

Irish trainers impart training to 709 ER technicians

The first batch of 709 emergency medical technicians trained in collaboration with National Ambulance Service College Ireland at the Emergency Services Academy underwent final examination under the supervision of Martin Dunne, Director National Ambulance
Published 26 Sep, 2018 12:00am
'10 million people using hard, soft drugs across country'

'10 million people using hard, soft drugs across country'

Expressing grave concern over alarming surge in cases of drug addiction in Pakistan, Director Drug Advisory Training Hub (DATH) Syed Zulifqar Hussain Tuesday said there are estimated 10 million drug addicts in the country using both hard and soft drugs.
Published 26 Sep, 2018 12:00am
PAE elected as full member of CAETS

PAE elected as full member of CAETS

The Pakistan Academy of Engineering (PAE) has become the first engineering academy of the Muslim world to have been elected as a full member of the International Council of Academies of Engineering and Technological Sciences Inc (CAETS).
Published 26 Sep, 2018 12:00am
Government to ensure OLMT's timely completion: minister

Government to ensure OLMT's timely completion: minister

Punjab Finance Minister Makhdoom Hashim Jawan Bakhat has said that the Punjab government will ensure timely completion of the Orange Line Metro Train (OLMT) and no project will be dumped due to political differences. He expressed these views while talking
Published 26 Sep, 2018 12:00am
Shujaat, Pervez vow to carry out Ch Zahoor's mission

Shujaat, Pervez vow to carry out Ch Zahoor's mission

Pakistan Muslim League-Q (PML) President Ch Shujaat Hussain and Speaker Punjab Assembly Ch Pervez Elahi have vowed to carry forward Ch Zahoor Elahi Shaheed's mission of public service, stability and unity of the country. They were addressing a large gathe
Published 26 Sep, 2018 12:00am
Terrorist involved in Safoora bus attack arrested

Terrorist involved in Safoora bus attack arrested

A terrorist involved in the 2015 attack on a bus near Safoora Chowrangi in Karachi has been arrested. Naveed alias Sharif is associated with Al-Qaeda and was arrested from Dadu, SSP Tanveer Tunio confirmed to Geo News on Tuesday.
Published 26 Sep, 2018 12:00am
Hutchison Ports sets new vessel handling record for Karachi

Hutchison Ports sets new vessel handling record for Karachi

Hutchison Ports Pakistan, the country's first deep-water container terminal, has set a new vessel handling record for Karachi, having handled 5,862 moves in just over 27 hours while servicing the 8,652-TEU Hyundai Brave. During the vessel's stay, the term
Published 26 Sep, 2018 12:00am
SU, BU sign MoU

SU, BU sign MoU

University of Sindh has signed a Memorandum of Understanding (MoU) with Baltistan University (BU), Skardu, Gilgit Baltistan. This Memorandum of Understanding features, inter-alia, a mutual desire to promote institutional cooperation, seeking of reciprocal
Published 26 Sep, 2018 12:00am
South Sudan doctor wins UN refugee prize

South Sudan doctor wins UN refugee prize

A South Sudanese doctor who runs an overcrowded hospital with a dimly-lit surgical theatre and no regular supply of general anaesthetics on Tuesday won the UN refugee agency's prestigious Nansen award. Evan Atar Adaha's Maban hospital in the South Sudanes
Published 26 Sep, 2018 12:00am
ABAIB opens Islamic banking window at Azam Cloth Market

ABAIB opens Islamic banking window at Azam Cloth Market

Allied Bank Aitbaar Islamic Banking (ABAIB) has been instrumental in providing products and services to cater the Shariah Compliant banking requirements of valued clients through its network of 117 dedicated Islamic Banking Branches covering 53 major citi
Published 26 Sep, 2018 12:00am
US MIDDAY: gold climbs
Currency

US MIDDAY: gold climbs

Gold edged higher on Tuesday as the dollar drifted ahead of a US Federal Reserve monetary policy meeting, but bullion's upside remained capped by strong US economic data that continues to underpin the greenback. The US dollar fell against a basket of curr
Published 26 Sep, 2018 12:00am
US MIDDAY: wheat, corn fall

US MIDDAY: wheat, corn fall

Chicago wheat and corn futures fell on Tuesday after the US Department of Agriculture (USDA) gave a positive picture of US crop progress. Soyabeans rose after recent sharp declines, largely caused by the US-China trade war, created buying opportunities. C
Published 26 Sep, 2018 12:00am
Gold gains in Europe
Currency

Gold gains in Europe

Gold edged up on Tuesday as the dollar drifted ahead of a US Federal Reserve meeting, but the precious metal's upside remains capped by strong US economic data that continues to underpin the greenback. The dollar fell versus a basket of major currencies,
Published 26 Sep, 2018 12:00am
Palm oil gains for second straight day
Currency

Palm oil gains for second straight day

Malaysian palm oil futures edged up for a second consecutive session on Tuesday, tracking strength in crude oil prices and a weaker ringgit. A weaker ringgit, palm's currency of trade, usually supports the edible oil by making it cheaper for holders of fo
Published 26 Sep, 2018 12:00am
Tokyo rubber lower

Tokyo rubber lower

Benchmark Tokyo rubber futures for new March delivery closed lower from their opening price on Tuesday as a fresh round of US-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth. "There are concern
Published 26 Sep, 2018 12:00am
Arabica coffee slides
Currency

Arabica coffee slides

ICE arabica coffee futures fell on Tuesday, pressured by a weaker Brazilian currency and as producers hedged supplies and speculators unwound long positions, while raw sugar edged up from a one-month low. December arabica coffee settled down 1.4 cents, or
Published 26 Sep, 2018 12:00am
Oil jumps, then pares gains as Trump pressures OPEC again

Oil jumps, then pares gains as Trump pressures OPEC again

Oil prices rose on Tuesday on global supply concerns following US sanctions on Iran's oil exports, with benchmark Brent surging to a four-year high, then retraced gains to settle just slightly higher after US President Donald Trump called again on OPEC to
Published 26 Sep, 2018 12:00am
India eases oil import rules

India eases oil import rules

India has for the first time allowed state refiners to buy 35 percent of their oil imports in tankers arranged by the seller, a document reviewed by Reuters showed, enabling them to swiftly tap cheaper cargoes. The move will help refiners in Iran's second
Published 26 Sep, 2018 12:00am
Copper pressured by China property worries

Copper pressured by China property worries

Copper, zinc and other base metals slid on Tuesday, rattled by more concerns about the economy of top metals consumer China and adjusting after a one-day closure of Chinese markets. Chinese share markets fell on Tuesday, partly driven by a plunge in prope
Published 26 Sep, 2018 12:00am
Turkey sends reinforcements to Syria's Idlib

Turkey sends reinforcements to Syria's Idlib

Turkey beefed up its military positions in Syria's rebel bastion of Idlib Tuesday as the clock ticked down on a mid-October deadline to remove jihadists from the area. Further complicating Turkey's task, a war monitor said hundreds of members of the Islam
Published 26 Sep, 2018 12:00am
World Bank warns Gaza's economy in 'free fall'

World Bank warns Gaza's economy in 'free fall'

The World Bank warned Tuesday that the Gaza Strip's economy is in "free fall" as cuts to aid and salaries add to an already crippling Israeli blockade on the Hamas-run enclave. The bank's report will be presented to the international donor group for Pales
Published 26 Sep, 2018 12:00am
UK life expectancy stalls for first time since 1982

UK life expectancy stalls for first time since 1982

Life expectancy has fallen in Scotland and Wales and has stopped improving for the first time since 1982 in Britain as a whole, according to official data released on Tuesday. Life expectancy for both men and women fell by 0.1 years in Scotland and Wales
Published 26 Sep, 2018 12:00am
Karabakh military drills spark fury in Azerbaijan

Karabakh military drills spark fury in Azerbaijan

The Armenian-backed breakaway statelet of Nagorny Karabakh said its airforce would conduct military exercises from Tuesday, sparking fury in Azerbaijan ahead of UN talks. The ex-Soviet state of Azerbaijan and separatists backed by Armenia fought a war ove
Published 26 Sep, 2018 12:00am
UK opposition keeps door open to staying in EU

UK opposition keeps door open to staying in EU

The Brexit spokesman of Britain's main opposition Labour Party on Tuesday raised the possibility of the country staying in the EU, more than two years after Britons voted to leave. Keir Starmer told the leftwing party's conference that another vote on Bri
Published 26 Sep, 2018 12:00am
US ramps up pressure on Venezuela with sanctions, harsh warnings

US ramps up pressure on Venezuela with sanctions, harsh warnings

The United States cranked up the pressure on Venezuela's President Nicolas Maduro on Tuesday, imposing sanctions on his wife and more of his inner circle and issuing harsh warnings about his vulnerability to an overthrow. President Donald Trump said the "
Published 26 Sep, 2018 12:00am
US irks China with proposed sale of military parts to Taiwan

US irks China with proposed sale of military parts to Taiwan

China expressed "strong dissatisfaction" on Tuesday over US plans to sell a batch of military parts to the self-governing island of Taiwan, adding to tensions between the global superpowers. The $330 million contract would see the US ship standard spare p
Published 26 Sep, 2018 12:00am
MEP expenses to remain secret, top EU court rules

MEP expenses to remain secret, top EU court rules

The EU's highest court ruled Tuesday that the European Parliament has the right to keep secret how individual MEPs spend their allowances, in a blow to advocates for more transparency.
Published 26 Sep, 2018 12:00am
Ryanair signs deals with Italian cabin crew unions

Ryanair signs deals with Italian cabin crew unions

Ryanair has signed deals with cabin crew unions in Italy to provide employment contracts under Italian law, the Irish no-frills airline said Tuesday ahead of a Europe-wide strike over working conditions. The troubled Dublin-based carrier said in a stateme
Published 26 Sep, 2018 12:00am
Sanctions seen hitting Russia's economic growth, not rating: Fitch

Sanctions seen hitting Russia's economic growth, not rating: Fitch

US sanctions will weigh on Russia's economic growth but are unlikely to imminently deprive Moscow of its investment-grade rating, the head of Fitch Ratings Sovereigns group said on Tuesday. Concerns about more US sanctions against Russia have intensified
Published 26 Sep, 2018 12:00am
Ryanair cancelling 190 flights over strike

Ryanair cancelling 190 flights over strike

Ryanair will cancel 190, or eight percent, of its flights due Friday when cabin crews strike across Europe, the Irish no-frills airline said Tuesday, attacking rivals for the disruption. The carrier said 30,000 customers would likely be affected by the wa
Published 26 Sep, 2018 12:00am
Sanctions seen hitting Russia's economic growth, not rating: Fitch

Sanctions seen hitting Russia's economic growth, not rating: Fitch

US sanctions will weigh on Russia's economic growth but are unlikely to imminently deprive Moscow of its investment-grade rating, the head of Fitch Ratings Sovereigns group said on Tuesday. Concerns about more US sanctions against Russia have intensified
Published 26 Sep, 2018 12:00am
US, Mexico ready to sign new NAFTA without Canada

US, Mexico ready to sign new NAFTA without Canada

The United States and Mexico could move ahead without Canada in a new version of the North American Free Trade Agreement, US Trade Representative Robert Lighthizer said Tuesday, according to media reports. Momentum appeared to have stalled last week in ef
Published 26 Sep, 2018 12:00am
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