BML 4.90 Increased By ▲ 0.05 (1.03%)
BOP 13.04 Increased By ▲ 0.01 (0.08%)
CNERGY 7.17 Increased By ▲ 0.10 (1.41%)
CPHL 84.65 Increased By ▲ 0.64 (0.76%)
DCL 13.49 Increased By ▲ 0.19 (1.43%)
DGKC 171.66 Decreased By ▼ -0.27 (-0.16%)
FCCL 46.19 Increased By ▲ 0.12 (0.26%)
FFL 15.84 Increased By ▲ 0.14 (0.89%)
GCIL 26.95 Increased By ▲ 1.03 (3.97%)
HUBC 149.98 Increased By ▲ 4.42 (3.04%)
KEL 5.31 Increased By ▲ 0.06 (1.14%)
KOSM 6.42 Increased By ▲ 0.01 (0.16%)
LOTCHEM 20.72 Increased By ▲ 0.20 (0.97%)
MLCF 85.25 Increased By ▲ 0.38 (0.45%)
NBP 127.21 Increased By ▲ 2.44 (1.96%)
PAEL 42.07 Increased By ▲ 0.35 (0.84%)
PIAHCLA 22.48 Increased By ▲ 0.15 (0.67%)
PIBTL 10.20 Increased By ▲ 0.51 (5.26%)
POWER 14.01 Increased By ▲ 0.13 (0.94%)
PPL 164.60 Increased By ▲ 1.13 (0.69%)
PREMA 42.34 Decreased By ▼ -0.10 (-0.24%)
PRL 33.15 Increased By ▲ 0.33 (1.01%)
PTC 22.40 Increased By ▲ 0.49 (2.24%)
SNGP 117.70 Increased By ▲ 0.71 (0.61%)
SSGC 45.75 Increased By ▲ 0.23 (0.51%)
TELE 8.05 Increased By ▲ 0.14 (1.77%)
TPLP 10.24 Decreased By ▼ -0.01 (-0.1%)
TREET 24.05 Increased By ▲ 0.66 (2.82%)
TRG 56.85 Increased By ▲ 0.45 (0.8%)
WTL 1.53 No Change ▼ 0.00 (0%)
BR100 14,131 Increased By 267.2 (1.93%)
BR30 40,195 Increased By 695.9 (1.76%)
KSE100 138,628 Increased By 2247.8 (1.65%)
KSE30 42,309 Increased By 763.2 (1.84%)
Jul 17, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-08-28
Salzburg gala raises 300,000 euros

Salzburg gala raises 300,000 euros

Salzburg's exclusive summer music festival raised 300,000 euros in aid for Pakistan's flood victims at a star-studded benefit gala, organisers said Friday. The Russian superstar soprano, Anna Netrebko, headlined the special fundraiser held Thursday night
Published 28 Aug, 2010 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
Power shortfall reduces to nil?

Power shortfall reduces to nil?

Power shortfall reduced to nil during last 24 hours putting demand and supply parallel to 13836MW. Pakistan Electric Power Company (Pepco) sources said power generation through hydel was recorded at 6426MW, followed by 2250MW through thermal, 5098MW throu
Published 28 Aug, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
Power shortfall reduces to nil?

Power shortfall reduces to nil?

Power shortfall reduced to nil during last 24 hours putting demand and supply parallel to 13836MW. Pakistan Electric Power Company (Pepco) sources said power generation through hydel was recorded at 6426MW, followed by 2250MW through thermal, 5098MW throu
Published 28 Aug, 2010 12:00am
Power shortfall reduces to nil?

Power shortfall reduces to nil?

Power shortfall reduced to nil during last 24 hours putting demand and supply parallel to 13836MW. Pakistan Electric Power Company (Pepco) sources said power generation through hydel was recorded at 6426MW, followed by 2250MW through thermal, 5098MW throu
Published 28 Aug, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (August 27, 2010).

Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
Jalal Hassan posted as director PDMA

Jalal Hassan posted as director PDMA

Director Chamber/Foreign Interface, Punjab Board of Investment and Trade (PBIT), Jalal Hassan has been transferred and posted as Director (Planning), Provincial Disaster Management Authority (PDMA) on deputation basis, against a vacant post. Notification
Published 28 Aug, 2010 12:00am
Advocate throws shoe at judge

Advocate throws shoe at judge

The humiliating gesture of hurling a shoe at a judge by a young advocate during the hearing of a case here sent all the judges on strike on Friday. According to advocate Asghar Ali Gujjar, Additional Sessions Judge Malik Mobeen Ahmed was hearing a case of
Published 28 Aug, 2010 12:00am
US aid chief says threatened in Sukkur

US aid chief says threatened in Sukkur

The US aid chief said Friday he faced a threat when visiting a relief camp in flood-hit Pakistan but pledged that extremists would not deter assistance. Rajiv Shah, administrator of the US Agency for International Development, said he quickly exited the c
Published 28 Aug, 2010 12:00am
THE RUPEE: marginal changes

THE RUPEE: marginal changes

Firmness prevailed on the currency market on Friday as the rupee showed steady trend versus dollar, dealers said.
Published 28 Aug, 2010 12:00am
Distributors propose reduction in income tax to 0.1 percent

Distributors propose reduction in income tax to 0.1 percent

The distributors belonging to different sectors have proposed comprehensive amendments in the Income Tax Ordinance 2001 for imposition of reduced rate of 0.1 percent minimum tax on distributors'' community. It is learnt that the Federal Board of Revenue (
Published 28 Aug, 2010 12:00am
KESC''''s loss after tax drops to Rs 14.641 billion

KESC''''s loss after tax drops to Rs 14.641 billion

The loss after tax of Karachi Electric Supply Company (KESC) has declined to Rs 14.641 billion in the year ended June 30, 2010 (FY10) as compared to Rs 15.484 billion in the same period in FY09. The company''''s loss per basic share stood at Re 0.74 in th
Published 28 Aug, 2010 12:00am
Essential items' prices rise further

Essential items' prices rise further

The prices of daily use items especially milk, pulses and ghee/cooking oil rose yet again during past week, according to a survey conducted by Business Recorder. Traders increased the prices of important pulses especially moong and gram by Rs 20 an
Published 28 Aug, 2010 12:00am
Essential items' prices rise further

Essential items' prices rise further

The prices of daily use items especially milk, pulses and ghee/cooking oil rose yet again during past week, according to a survey conducted by Business Recorder. Traders increased the prices of important pulses especially moong and gram by Rs 20 an
Published 28 Aug, 2010 12:00am
Essential items'' prices rise further

Essential items'' prices rise further

The prices of daily use items especially milk, pulses and ghee/cooking oil rose yet again during past week, according to a survey conducted by Business Recorder. Traders increased the prices of important pulses especially moong and gram by Rs 20 an
Published 28 Aug, 2010 12:00am
Distributors propose reduction in income tax to 0.1 percent

Distributors propose reduction in income tax to 0.1 percent

The distributors belonging to different sectors have proposed comprehensive amendments in the Income Tax Ordinance 2001 for imposition of reduced rate of 0.1 percent minimum tax on distributors' community. It is learnt that the Federal Board of Revenue (F
Published 28 Aug, 2010 12:00am
Distributors propose reduction in income tax to 0.1 percent

Distributors propose reduction in income tax to 0.1 percent

The distributors belonging to different sectors have proposed comprehensive amendments in the Income Tax Ordinance 2001 for imposition of reduced rate of 0.1 percent minimum tax on distributors' community. It is learnt that the Federal Board of Revenue (F
Published 28 Aug, 2010 12:00am
KESC''s loss after tax drops to Rs 14.641 billion

KESC''s loss after tax drops to Rs 14.641 billion

The loss after tax of Karachi Electric Supply Company (KESC) has declined to Rs 14.641 billion in the year ended June 30, 2010 (FY10) as compared to Rs 15.484 billion in the same period in FY09. The company''s loss per basic share stood at Re 0.74 in the
Published 28 Aug, 2010 12:00am
SECP includes CCP proposal in CCG draft

SECP includes CCP proposal in CCG draft

On the policy note issued by the Competition Commission of Pakistan (CCP), the Securities and Exchange Commission of Pakistan (SECP) has incorporated the amendment in the revised draft of the Code of Corporate Governance. Under the amendment made in the C
Published 28 Aug, 2010 12:00am
SECP includes CCP proposal in CCG draft

SECP includes CCP proposal in CCG draft

On the policy note issued by the Competition Commission of Pakistan (CCP), the Securities and Exchange Commission of Pakistan (SECP) has incorporated the amendment in the revised draft of the Code of Corporate Governance. Under the amendment made in the C
Published 28 Aug, 2010 12:00am
SECP includes CCP proposal in CCG draft

SECP includes CCP proposal in CCG draft

On the policy note issued by the Competition Commission of Pakistan (CCP), the Securities and Exchange Commission of Pakistan (SECP) has incorporated the amendment in the revised draft of the Code of Corporate Governance. Under the amendment made in the C
Published 28 Aug, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

PTCL profit in fiscal year 2010 increases to Rs 9.294 billion

The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday decl
Published 28 Aug, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 28 Aug, 2010 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 127,687 tonnes of cargo including 88,933 tonnes of import cargo, 38,754 tonnes of export cargo, 2,215 loaded and empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 88,933 tonnes comprise
Published 28 Aug, 2010 12:00am
CIA pays many in Karzai administration

CIA pays many in Karzai administration

The CIA is making payments to a significant number of officials in Afghan President Hamid Karzai's administration, The Washington Post reported on Friday. Citing current and former US officials, the paper said the payments were long-standing in many cases
Published 28 Aug, 2010 12:00am
Nato kills Afghan children, loses three soldiers

Nato kills Afghan children, loses three soldiers

Three US soldiers were killed Friday in attacks in Afghanistan, Nato said, as Afghan authorities accused international forces of killing six children during an air assault on Taliban positions. Amid a surge in military deaths, Nato's International Securit
Published 28 Aug, 2010 12:00am
UN rights body rebukes France for mistreating Roma

UN rights body rebukes France for mistreating Roma

A United Nations human rights body rebuked France on Friday for its crackdown on Roma and urged the government to try to integrate members of the EU's biggest ethnic minority as part of a Europe-wide solution. The 18 independent experts voiced concern tha
Published 28 Aug, 2010 12:00am
US soldiers back from Iraq made 'America safer': Obama

US soldiers back from Iraq made 'America safer': Obama

US President Barack Obama in a YouTube message on Friday thanked US troops back from Iraq for their "dedication" and "courage" that "has made America safer." The US military has pulled tens of thousands of combat troops out of Iraq in recent months, with
Published 28 Aug, 2010 12:00am
Eight killed in Iraq violence, five arrested

Eight killed in Iraq violence, five arrested

At least eight people were killed in violence across Iraq on Friday, including three anti-al Qaeda militiamen, a week before the US military is due to end its combat mission in the country. Iraqi forces also arrested five al Qaeda militants linked to a de
Published 28 Aug, 2010 12:00am
Trott resists Aamer's six appeal

Trott resists Aamer's six appeal

Mohammad Aamer took career-best figures of six wickets for 47 runs but England's Jonathan Trott held firm against Pakistan on the second day of the fourth and final Test at Lord's here on Friday. England were 185 for seven at tea - having been 47 for five
Published 28 Aug, 2010 12:00am
Ballack out of Germany's Euro 2012 squad

Ballack out of Germany's Euro 2012 squad

Germany captain Michael Ballack has been dropped by national coach Joachim Loew for next month's Euro 2012 qualifiers. The 33-year-old midifelder's name was conspicuous by its absence from Loew's squad released Friday for the games against Belgium in Brus
Published 28 Aug, 2010 12:00am
Badminton championships: Lin Dan, Chong Wei exit

Badminton championships: Lin Dan, Chong Wei exit

Malaysia's world number one Lee Chong Wei exited the world badminton championships on Friday, beaten 21-15 11-21 21-12 in the quarter-finals by former world and Olympic champion Taufik Hidayat. Less than an hour later, in another big surprise, titleholder
Published 28 Aug, 2010 12:00am
Nadal faces tough road to US Open title

Nadal faces tough road to US Open title

World number one Rafa Nadal faces the daunting prospect of possibly having to beat Roger Federer and Andy Murray to win the US Open for the first time and complete his collection of grand slam titles. Nadal and Murray in same half of men's draw.
Published 28 Aug, 2010 12:00am
Australian and New Zealand dollars up

Australian and New Zealand dollars up

The Australian and New Zealand dollars inched higher Friday as an uneasy calm settled on markets ahead of an expected downward revision in US growth and an anxiously-awaited speech by the head of the Federal Reserve. The currencies got a lift against the
Published 28 Aug, 2010 12:00am
Pound slips versus dollar

Pound slips versus dollar

Sterling fell against the dollar on Friday, hitting the day's low after a pledge by Federal Reserve Chairman Ben Bernanke to provide more monetary stimulus if necessary boosted the dollar across the board. Better than expected UK growth numbers failed to
Published 28 Aug, 2010 12:00am
Ringgit, won fall; baht gains

Ringgit, won fall; baht gains

The Malaysian ringgit and South Korean fell on Friday as investors awaited a speech by Federal Reserve chief Ben Bernanke amid growing concerns over a double dip in the US economy, but the Thai baht bucked the general weakness. Investors will be watching
Published 28 Aug, 2010 12:00am
Indian rupee weakens

Indian rupee weakens

The Indian rupee edged slightly lower on Friday weighed by late losses in local stocks which raised concerns about sustained risk aversion in global markets ahead of a key speech by Federal Reserve Chairman Ben Bernanke. The partially convertible rupee cl
Published 28 Aug, 2010 12:00am
Swiss franc buoyed

Swiss franc buoyed

The Swiss franc held recent gains against the euro and the dollar on Friday as risk aversion remained in pole position among skittish investors who ignored better-than-expected US jobless claims, sending markets down. The KOF leading indicator, which is d
Published 28 Aug, 2010 12:00am
Dollar slips in New York

Dollar slips in New York

The US dollar slipped against both the euro and the yen on Thursday as investors braced for a speech from Federal Chairman Ben Bernanke speech on Friday. "A second round of quantitative easing will likely put sharp downward pressure on the dollar, to some
Published 28 Aug, 2010 12:00am
Early trade: Dollar rises versus yen, Swiss franc

Early trade: Dollar rises versus yen, Swiss franc

The dollar traded higher against the yen and the Swiss franc on Friday after US Federal Reserve Chairman Ben Bernanke said the Fed was prepared to provide stimulus to boost a US economic recovery that had slowed more than expected, but did not say how or
Published 28 Aug, 2010 12:00am
Dollar rises in Asia

Dollar rises in Asia

The dollar rose against the yen on Friday, trimming earlier losses due to wariness on possible measures from Japanese authorities to stem the yen's rise. Prompting these jitters was a Kyodo news agency report saying Japanese Prime Minister Naoto Kan will
Published 28 Aug, 2010 12:00am
Yen dips versus dollar, euro in London trade

Yen dips versus dollar, euro in London trade

The yen dipped against the dollar and the euro on Friday as a nervous market trimmed long positions and Japan's prime minister reiterated a threat to take steps to stem the currency's steady rise. Prime Minister Naoto Kan said he would take firm action on
Published 28 Aug, 2010 12:00am
Dollar Libor falls

Dollar Libor falls

The cost of three-month interbank funds fell on Friday as investors took positions for likely weaker growth in the world's biggest economy and awaited a key speech from the head of the Federal Reserve this session. A sharp downward revision to US second q
Published 28 Aug, 2010 12:00am
Yuan slightly higher

Yuan slightly higher

The yuan finished up slightly against the dollar on Friday as the People's Bank of China set a stronger mid-point in line with an easier dollar in global markets, snapping four day's of fixing a weaker reference rate. Dealers said the Chinese central bank
Published 28 Aug, 2010 12:00am
UK's top share index soars

UK's top share index soars

Britain's top share index rose 0.9 percent on Friday, lifted by telecoms, and ended two straight weeks of losses, though trading was thin as investors remained wary of the United States slipping back into recession. US Federal Reserve Chairman said the re
Published 28 Aug, 2010 12:00am
Taiwan stocks log worst weekly fall in four months

Taiwan stocks log worst weekly fall in four months

Taiwan stocks ended Friday up 0.43 percent, helped by late buying in banks and other recently beaten-down stocks, but trade was cautious as investors awaited US quarterly GDP data. Property and other China plays outperformed, with the construction sub-ind
Published 28 Aug, 2010 12:00am
Indian shares log worst weekly loss in three months

Indian shares log worst weekly loss in three months

Indian shares logged their biggest weekly loss in three months to close 1.3 percent lower on Friday, as investors were sceptical ahead of US Federal Reserve Chairman Ben Bernanke's speech, which is likely to signal his views about the prospects for the wo
Published 28 Aug, 2010 12:00am
Treasuries ascends

Treasuries ascends

US Treasuries climbed on Thursday as fresh stock losses revived a bid for safe-haven US government bonds, even with yields at their lowest levels in more than a year. Anticipation of Federal Reserve Chairman Ben Bernanke's remarks on Friday at the annual
Published 28 Aug, 2010 12:00am
Treasuries ascends

Treasuries ascends

US Treasuries climbed on Thursday as fresh stock losses revived a bid for safe-haven US government bonds, even with yields at their lowest levels in more than a year. Anticipation of Federal Reserve Chairman Ben Bernanke's remarks on Friday at the annual
Published 28 Aug, 2010 12:00am
European CDS little changed

European CDS little changed

European corporate credit default swap spreads were little changed on Friday with the market becalmed ahead of a key speech by Federal Reserve Chairman Ben Bernanke and US GDP data release. By 0720 GMT, the investment-grade Markit iTraxx Europe index was
Published 28 Aug, 2010 12:00am
European CDS little changed

European CDS little changed

European corporate credit default swap spreads were little changed on Friday with the market becalmed ahead of a key speech by Federal Reserve Chairman Ben Bernanke and US GDP data release. By 0720 GMT, the investment-grade Markit iTraxx Europe index was
Published 28 Aug, 2010 12:00am
Dow ends below 10,000

Dow ends below 10,000

The Dow closed below 10,000 on Thursday a day ahead of an expected downward revision in US second-quarter economic growth and a major speech by Federal Reserve Chairman Ben Bernanke. Major technology shares were among the biggest losers, with the Nasdaq f
Published 28 Aug, 2010 12:00am
Friday's early afternoon trade: market bounces after Bernanke

Friday's early afternoon trade: market bounces after Bernanke

US stocks rose in volatile trading on Friday as investors shook off a revenue warning from technology bellwether Intel and a downbeat economic assessment by Federal Reserve Chairman Ben Bernanke to snap up bargains. Major indices fell sharply after Bernan
Published 28 Aug, 2010 12:00am
Nikkei climbs

Nikkei climbs

Japan's Nikkei average reversed course in late trade on Friday to climb more than 1 percent at one point, buoyed after investors unloaded superlong Japanese debt to buy stocks as well as by hopes for Japanese moves to rein in the strong yen. But investors
Published 28 Aug, 2010 12:00am
Hong Kong shares slip, Shanghai up

Hong Kong shares slip, Shanghai up

Hong Kong stocks slipped on Friday, with the Hang Seng hitting a one-month low, as shares in China Life Insurance extended their slide after it posted disappointing results. The Hang Seng Index ended down 0.1 percent at 20,597.4 points, marking its third
Published 28 Aug, 2010 12:00am
Asian bond spreads near two-month high

Asian bond spreads near two-month high

Asian debt spreads swelled to their highest in nearly two months on Friday as a string of weak US data prompted investors to shed riskier assets and ahead of a speech by the US Federal Reserve chief due later in the day. Sovereign bonds from the Philippin
Published 28 Aug, 2010 12:00am
Asian bond spreads near two-month high

Asian bond spreads near two-month high

Asian debt spreads swelled to their highest in nearly two months on Friday as a string of weak US data prompted investors to shed riskier assets and ahead of a speech by the US Federal Reserve chief due later in the day. Sovereign bonds from the Philippin
Published 28 Aug, 2010 12:00am
Chinese banks cut back loans to local governments

Chinese banks cut back loans to local governments

Two of China's biggest state-run banks have cut back lending to local government investment vehicles whose borrowing has raised concerns over a bad-loan crisis, a report said Friday. The data reported by the Wall Street Journal appeared to indicate Beijin
Published 28 Aug, 2010 12:00am
Boeing delays 787 delivery on Rolls engine setback

Boeing delays 787 delivery on Rolls engine setback

Boeing Co has pushed back delivery of its first 787 Dreamliner by several weeks, a widely expected decision but also the latest in a series of embarrassing glitches that have disrupted production of the hotly anticipated aircraft. The postponement for the
Published 28 Aug, 2010 12:00am
India 'hopeful' of solution to BlackBerry row

India 'hopeful' of solution to BlackBerry row

India said Friday it was hopeful the makers of the BlackBerry smartphone would come up with a solution to security worries and avert a threatened shut-down of the firm's services next week. India has warned Research in Motion (RIM), the maker of the Black
Published 28 Aug, 2010 12:00am
Spyker posts fresh loss, trims Saab target

Spyker posts fresh loss, trims Saab target

Spyker, the loss-making Dutch sports car maker that acquired Saab from GM earlier this year, posted another loss on Friday, trimmed Saab's sales targets and said it would lose money through next year. Shares plunged 10.4 percent in early trading, leading
Published 28 Aug, 2010 12:00am
Commerzbank plans $6.4 billion capital hike

Commerzbank plans $6.4 billion capital hike

Germany's second-biggest lender Commerzbank AG is planning to raise at least 5 billion euros ($6.4 billion) to buy back the government's stake, a newspaper reported on Friday. A spokesman for the bank, whose shares fell more than 3 percent on the Handelsb
Published 28 Aug, 2010 12:00am
Japanese Prime Minister vows firm moves against strong yen

Japanese Prime Minister vows firm moves against strong yen

Japan's prime minister said on Friday he will take firm measures on currencies when needed and will meet the Bank of Japan governor, increasing the possibility the central bank will ease policy soon as it confronts a surging yen. The yen edged lower after
Published 28 Aug, 2010 12:00am
Europe on brink of recovery: Weber

Europe on brink of recovery: Weber

Europe is on the brink of a self-sustaining recovery, European Central Bank Governing Council member Axel Weber said on Friday. In an interview with CNBC, Weber said now was the time to put fiscal consolidation on top of the political agenda. "We are bord
Published 28 Aug, 2010 12:00am
Ford recalls 575,000 Windstar vans in US, Canada

Ford recalls 575,000 Windstar vans in US, Canada

Ford Motor Co is recalling about 575,000 Windstar vans in 21 cold-weather US states and Canada from model years 1998 to 2003 because of the possibility that the rear axle may fracture due to corrosion, federal regulators reported on Friday. The National H
Published 28 Aug, 2010 12:00am
Previous Day