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Print - 2014-11-27
Two killed in shooting rampage in German elderly home

Two killed in shooting rampage in German elderly home

A 77-year-old man in a German retirement home on Wednesday shot dead a fellow resident five years his junior and wounded three others before turning the gun on himself. The shooter had started arguing with another woman his age, then pulled a handgun and
Published 27 Nov, 2014 12:00am
South Africa says Israel 'defying world' as Abbas visits

South Africa says Israel 'defying world' as Abbas visits

Israel is defying the world by "undermining" prospects for a two state solution through its settlements policy, South African President Jacob Zuma said Wednesday as he welcomed visiting Palestinian leader Mahmud Abbas. "The reality is that the overwhelmin
Published 27 Nov, 2014 12:00am
Putin meets Syrian foreign minister for first time

Putin meets Syrian foreign minister for first time

President Vladimir Putin on Wednesday hosted Syrian Foreign Minister Walid Muallem in his first meeting with a top envoy from Damascus since the old Moscow ally plunged into civil war more than three years ago. But the high-stakes discussion was held behi
Published 27 Nov, 2014 12:00am
EU calls for 5,000 doctors to fight Ebola

EU calls for 5,000 doctors to fight Ebola

The European Commission called Wednesday for 5,000 doctors to be sent from EU states to combat west Africa's Ebola epidemic, a European source with knowledge of the matter said on Wednesday. "The situation is too serious and it needs an immediate response
Published 27 Nov, 2014 12:00am
Romania president's brother under house arrest in graft probe

Romania president's brother under house arrest in graft probe

A Romanian court ordered on Wednesday the brother of outgoing president Traian Basescu released from custody and placed under house arrest during his trial on charges he accepted bribes to influence a mobster's case. Mircea Basescu has been detained since
Published 27 Nov, 2014 12:00am
Turkey clears former general over alleged murder of former president

Turkey clears former general over alleged murder of former president

An Ankara court on Wednesday acquitted the only suspect in a case over the alleged poisoning of former president Turgut Ozal, who died in office in 1993, a defence lawyer said. Retired general Levent Ersoz, 60, has been on trial since October last year ac
Published 27 Nov, 2014 12:00am
Turkey imposes media blackout over graft claims against ministers

Turkey imposes media blackout over graft claims against ministers

A Turkish court has imposed a blackout on media coverage of an investigation into corruption allegations against four former ministers of the Islamic-rooted government, the television watchdog said on Wednesday. Turkey's parliament set up a commission of
Published 27 Nov, 2014 12:00am
Sisi talks Libya, contracts in French trip

Sisi talks Libya, contracts in French trip

France on Wednesday urged Egypt to continue its path towards democracy, as visiting president Abdel Fattah al-Sisi sought to restore his country's reputation with his first European tour after a deadly crackdown on opponents. "We want the process to conti
Published 27 Nov, 2014 12:00am
Britain unveils tough anti-terror bill despite concerns

Britain unveils tough anti-terror bill despite concerns

Britain on Wednesday unveiled draft legislation to ban extremist preachers from universities, increase surveillance on suspected radicals and stem the flow of jihadists joining the Islamic State group. The Counter-Terrorism and Security Bill has already c
Published 27 Nov, 2014 12:00am
Nato warns over Russian military build-up in Crimea

Nato warns over Russian military build-up in Crimea

Nato's top military commander said Wednesday he was "very concerned" that Russia's military build-up in the annexed Crimean region could be used as a launchpad for attacks across the whole Black Sea region. US General Philip Breedlove's comments come amid
Published 27 Nov, 2014 12:00am
UN aid official Valerie Amos to step down: Ban

UN aid official Valerie Amos to step down: Ban

The top UN official for humanitarian aid, Valerie Amos, who oversaw international relief efforts in Syria and other trouble spots, is stepping down, Secretary General Ban Ki-moon said Wednesday. Amos had been in the key post for more than four years, over
Published 27 Nov, 2014 12:00am
UK tabloid journalist cleared of bribery charge

UK tabloid journalist cleared of bribery charge

A former journalist with media tycoon Rupert Murdoch's British tabloid The Sun was on Wednesday cleared of paying a government official for stories, following a trial triggered by the phone-hacking scandal. Clodagh Hartley, a 40-year-old mother of two, bu
Published 27 Nov, 2014 12:00am
France pays tribute to 'forgotten' Chinese WWI labourers

France pays tribute to 'forgotten' Chinese WWI labourers

France on Wednesday paid tribute to an often forgotten corps of 140,000 Chinese labourers who dug trenches, worked in weapons factories and, for many, lost their lives helping France's World War I effort. Defence Minister Jean-Yves Le Drian laid a wreath
Published 27 Nov, 2014 12:00am
Cotton futures rise on support from grains, stock markets

Cotton futures rise on support from grains, stock markets

Cotton futures rose on Tuesday in sympathy with climbing grains markets in Chicago and equities markets world-wide. The benchmark March cotton contract on ICE Futures US closed up 0.5 cent, or 0.9 percent, at 59.31 cents a lb, gaining throughout much of t
Published 27 Nov, 2014 12:00am
Shanghai copper slides

Shanghai copper slides

The most-traded January copper contract on the Shanghai Futures Exchange slipped 1.4 percent to 47,020 yuan ($7,665) a tonne on Wednesday ahead of a flood of US data later on Wednesday that is forecast to shed positive light on the world's biggest economy
Published 27 Nov, 2014 12:00am
Copper drops to three-week low; aluminium up

Copper drops to three-week low; aluminium up

Copper fell to a three-week low on Wednesday after soft US economic data and as Chinese speculators hit the market amid worries about weak demand. Aluminium, however, gained on concern about shortages. Three-month copper on the London Metal Exchange (LME)
Published 27 Nov, 2014 12:00am
Palm oil rises

Palm oil rises

Malaysian palm oil futures ended higher on Wednesday, reversing losses from the early session as a round of technical buying and short covering underpinned it, although a drop in crude oil prices and a stronger ringgit limited gains. The benchmark Februar
Published 27 Nov, 2014 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures fell on Wednesday as lower oil prices and a stronger yen prompted sell orders. The Tokyo Commodity Exchange (TOCOM) rubber contract for May delivery ended 1.9 yen lower at 202.3 yen($1.7166) per kg. "TOCOM prices came under
Published 27 Nov, 2014 12:00am
Soyabeans hit one-week high

Soyabeans hit one-week high

US soyabean futures reached their highest in more than a week on Tuesday, buoyed by sluggish farmer sales and strong export demand for soyameal, traders said. Wheat firmed on deteriorating US crop conditions, and corn followed soyabeans higher. At the Chi
Published 27 Nov, 2014 12:00am
Arabica coffee prices slip

Arabica coffee prices slip

Arabica coffee futures on ICE fell on Wednesday as rains in key growing regions in Brazil provided a boost to prospects for the 2015/16 crop in the world's top grower. Cocoa prices were higher as Olam projected a global deficit in the 2014/15 season, whil
Published 27 Nov, 2014 12:00am
Gold rises in New York

Gold rises in New York

Gold edged up slightly to just above $1,200 an ounce on Tuesday as the US dollar eased after data showed a deterioration in consumer confidence, offsetting better-than-expected US economic growth numbers. The market lacked direction after US COMEX options
Published 27 Nov, 2014 12:00am
Gold struggles in Asia

Gold struggles in Asia

Gold struggled to build on overnight gains on Wednesday as equities rose on optimism over the US economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves. The gold market has been in a tight range
Published 27 Nov, 2014 12:00am
Gold lower in Europe

Gold lower in Europe

Gold eased as traders awaited data on jobs, consumer sentiment and durable goods orders later on Wednesday for clues on the outlook for US monetary policy, but moves were muted as physical demand lent support. Recent strong US data has fuelled talk that t
Published 27 Nov, 2014 12:00am
US MIDDAY: wheat stays higher

US MIDDAY: wheat stays higher

US wheat rose to its highest in more than a week on Wednesday, up for a second straight session on technical buying and concerns about global production prospects, traders said. Corn was also higher, but soyabeans fell, erasing most of a 1.7 percent rally
Published 27 Nov, 2014 12:00am
US MIDDAY: gold steadies

US MIDDAY: gold steadies

Gold steadied below $1,200 an ounce early on Wednesday, recouping early losses on the back of a retreat in the dollar after data suggested US economic growth might be slowing in the final quarter of 2014. Recent strong US data has fuelled talk that the Fe
Published 27 Nov, 2014 12:00am
Oil falls as OPEC seen holding off from production cuts

Oil falls as OPEC seen holding off from production cuts

Oil prices fell on Wednesday after OPEC increased signals that it would hold off making any major production cuts this week. With US trading subdued by the approaching Thanksgiving Day holiday, activity was thin and prices choppy, hitting near four-year l
Published 27 Nov, 2014 12:00am
Model town incident: Challan presented before ATC

Model town incident: Challan presented before ATC

Challan of first FIR registered in connection with Model Town incident has been submitted before Anti Terrorism Court (ATC) which held 50 people responsible of the incident including activists of Pakistan Awami Tehreek (PAT). The main seven suspects inclu
Published 27 Nov, 2014 12:00am
White Ribbon, NCSW sign MoU

White Ribbon, NCSW sign MoU

White Ribbon Campaign Pakistan and National Commission on Status of Women (NCSW) have inked a Memorandum of Understanding (MoU) to jointly work for advocacy and awareness of pro-women laws. The agreement was signed during an event on White Ribbon Day for
Published 27 Nov, 2014 12:00am
WHO team arrives in Lahore

WHO team arrives in Lahore

A 7-member delegation of World Health Organisation has arrived here to review the arrangements of eradication of Ebola virus. The delegation met Advisor Health Kh. Salman Rafiq and Secretary Health Jawad Rafiq Malik here Wednesday. Director General Health
Published 27 Nov, 2014 12:00am
Recovery of 26 minor girls: KP governor orders high-level inquiry

Recovery of 26 minor girls: KP governor orders high-level inquiry

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan telephoned Sindh Chief minister Sayed Qaim Ali Shah after taking serious notice of the news regarding the recovery of 26 minor girls belonging to Bajaur Agency from a house in Liaqatabad, Karachi.
Published 27 Nov, 2014 12:00am
Government urged to formulate fuel consumption policy

Government urged to formulate fuel consumption policy

Federal government should formulate the National Fuel Consumption Policy in consultation with the stakeholders in the public and private sectors and implement it on priority basis by taking appropriate measures in order to check and control increasing con
Published 27 Nov, 2014 12:00am
Shell Pakistan Limited

Shell Pakistan Limited

Being one of the oldest multinational companies in Pakistan, Shell's global history dates back to in Indo-Pak 1903 when Shell Transport and Trading Company and Royal Dutch Petroleum Company decided to merge and supply petroleum to Asia. The name of the co
Published 27 Nov, 2014 12:00am
Shell Pakistan Limited

Shell Pakistan Limited

Being one of the oldest multinational companies in Pakistan, Shell's global history dates back to in Indo-Pak 1903 when Shell Transport and Trading Company and Royal Dutch Petroleum Company decided to merge and supply petroleum to Asia. The name of the co
Published 27 Nov, 2014 12:00am
Syed Ismail elected VP of General Assembly APT

Syed Ismail elected VP of General Assembly APT

Chairman, Pakistan Telecommunication Authority (PTA) Dr Syed Ismail Shah has been elected as Vice President of General Assembly of Asia Pacific Telecommunity (APT) for three years during the 13th Session of the APT General Assembly held from November 25-t
Published 27 Nov, 2014 12:00am
PTI rally: ICT trade bodies assured of protection

PTI rally: ICT trade bodies assured of protection

District Magistrate Islamabad Capital Territory (ICT) on Wednesday assured trade associations of the capital that the city administration would address their concerns regarding the forthcoming protest rally of Pakistan Tehreek-e-Insaf (PTI) on November 30
Published 27 Nov, 2014 12:00am
KP PAC orders probe into irregularities in departmental accounts

KP PAC orders probe into irregularities in departmental accounts

Public Accounts Committee (PAC) of Khyber Pakhtunkhwa Assembly Wednesday directed conducting immediate and comprehensive investigation after revelation of severe irregularities in departments of Sports, Culture and Communication and Works (C&W) and Provin
Published 27 Nov, 2014 12:00am
PTI workers: petition against illegal arrest filed

PTI workers: petition against illegal arrest filed

Leadership of PTI Punjab Chapter here on Wednesday filed a petition before the Lahore High Court against arrest of party workers. PTI President Punjab Ijaz Ahmad Chaudhary said that police were conducting raids on the houses of PTI workers and arrested a
Published 27 Nov, 2014 12:00am
Zardari condemns attack

Zardari condemns attack

Co-Chairman Pakistan Peoples Party Asif Ali Zardari has condemned attack on polio workers in Quetta on Wednesday. According to media reports four polio workers including three women were killed in this attack. Zardari in a statement said that terrorists w
Published 27 Nov, 2014 12:00am
Altaf condemns killing of polio workers

Altaf condemns killing of polio workers

Muttahida Qaumi Movement (MQM) chief Altaf Hussain on Wednesday has condemned the killing of as many as four anti-polio campaign workers in Quetta. According to a statement issued from London, Hussain said that the purpose of attacks on polio workers in d
Published 27 Nov, 2014 12:00am
NHA approves Rs 33 billion Hazara Expressway project

NHA approves Rs 33 billion Hazara Expressway project

The National Highway Authority (NHA) Executive Board Wednesday approved Hazara Expressway project with a total cost of Rs 33 billion. Prime Minister Nawaz Sharif will formerly perform groundbreaking of the 60 kms highway on November 29 which would be comp
Published 27 Nov, 2014 12:00am
Pakistan, Sweden discuss bilateral relations

Pakistan, Sweden discuss bilateral relations

the Annual Political Consultations between Pakistan and Sweden were held in Stockholm on Wednesday, where Helena Sangeland, Head of Department for Asia and Pacific Region of the Swedish Ministry of Foreign Affairs, and Nadeem Riyaz, Additional Secretary (
Published 27 Nov, 2014 12:00am
Media houses body: CCP initiates investigation

Media houses body: CCP initiates investigation

The Competition Commission of Pakistan (CCP) has initiated investigation against an association of media houses suspected to be involved in management of members' advertisement business, reflecting a possible collusion among media houses. During a present
Published 27 Nov, 2014 12:00am
Indonesian Navy chief meets Admiral Zakaullah

Indonesian Navy chief meets Admiral Zakaullah

Admiral Dr Marsetio, Chief of the Indonesian Navy called on Admiral Muhammad Zakaullah, Chief of the Naval Staff here on Wednesday. Upon arrival at Naval Headquarters, the Indonesian Naval Chief was received by Admiral Muhammad Zakaullah. A smartly turned
Published 27 Nov, 2014 12:00am
SAARC moot 'Need to resolve Indo-Pak issues first'

SAARC moot 'Need to resolve Indo-Pak issues first'

JI Deputy Secretary General, Dr Farid Ahmed Piracha has said that the SAARC conference could achieve its objectives only if the issues between Pakistan and India will be resolved. In a statement here on Wednesday, he said that India had been occupying Kas
Published 27 Nov, 2014 12:00am
KPCCI seeks launching of special cargo train from Karachi to Peshawar

KPCCI seeks launching of special cargo train from Karachi to Peshawar

Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCCI) has demanded of the Pakistan Railways to launch special cargo train from Karachi to Peshawar for promotion of import and export along with Afghan Transit trade business. The PKCCI further demande
Published 27 Nov, 2014 12:00am
HBFCL: Ombudsman shows dissatisfaction with loan recovery process

HBFCL: Ombudsman shows dissatisfaction with loan recovery process

The Federal Ombudsman, Salman Faruqui, has shown dissatisfaction on the loan recovery process of the House Building Finance Company Limited (HBFCL), saying that the recovery process is not as per the laid down procedure of Finance Division. He was hearing
Published 27 Nov, 2014 12:00am
OICCI voices serious concern over stuck-up refunds

OICCI voices serious concern over stuck-up refunds

The Overseas Investors Chamber of Commerce and Industry (OICCI) on Wednesday expressed a serious concern over blockage of sales tax refund of Rs 21-22 billion by the Federal Board of Revenue (FBR), which has become a major issue for multinational companie
Published 27 Nov, 2014 12:00am
National Assembly session to continue till December 5

National Assembly session to continue till December 5

The House Business Advisory Committee of the National Assembly met here on Wednesday with Speaker Sardar Ayaz Sadiq in the chair to discuss the business for the 16th session of the National Assembly. After discussion, it was decided that the Session of th
Published 27 Nov, 2014 12:00am
Pakistan condemns drone strike

Pakistan condemns drone strike

Pakistan has condemned the US drone attacks in North Waziristan and termed these strikes as a violation of the country's sovereignty and territorial integrity. "The government of Pakistan condemns the drone strike that took place in the early hours of Wed
Published 27 Nov, 2014 12:00am
Federal employees: Benevolent fund & group insurance bill passed

Federal employees: Benevolent fund & group insurance bill passed

The National Assembly Standing Committee on Cabinet Secretariat unanimously passed the Federal Employees benevolent Fund & Group Insurance (Amendment) Bill, 2013 and Civil Servants. The committee met with Rana Muhammad Hayat Khan in the chair here on Wedn
Published 27 Nov, 2014 12:00am
Ebola virus not prevalent in Pakistan, National Assembly told

Ebola virus not prevalent in Pakistan, National Assembly told

Parliamentary Secretary Raja Javed Ikhlas said there is no prevalence of Ebola virus in Pakistan. Responding to a calling attention notice moved by Dr Nafisa Shah in the National Assembly on Wednesday, Raja Javed Akhlas told the House that no death occurr
Published 27 Nov, 2014 12:00am
Nine new industrial cities to be set up in Punjab: Gulzar

Nine new industrial cities to be set up in Punjab: Gulzar

A comprehensive strategy has been evolved to develop nine instead of six new industrial cities in Punjab, said Gulzar Ahmed Shah, Director of Industries, Punjab. He was addressing a function in Faisalabad Chamber of Commerce and Industry (FCCI) that was a
Published 27 Nov, 2014 12:00am
PFA seals shops for poor hygiene

PFA seals shops for poor hygiene

A field team of Punjab Food Authority (PFA) inspected various food places in the city on Wednesday and sealed different shops on the charges of unhygienic conditions, poor personal hygiene, dirty washing areas and working without licenses. As per details,
Published 27 Nov, 2014 12:00am
'Economic policies must be provided constitutional cover'

'Economic policies must be provided constitutional cover'

"Economic and business policies must be provided constitutional cover in order to mitigate misunderstandings in the corporate community." Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi stated this at a meeting with
Published 27 Nov, 2014 12:00am
Shahbaz condemns killing of polio workers

Shahbaz condemns killing of polio workers

Punjab Chief Minister Shahbaz Sharif has strongly condemned the attack on Polio workers on Eastern Bye-pass, Quetta and expressed deep sense of sorrow and grief over the death of four polio workers. The Chief Minister said that Polio workers are dischargi
Published 27 Nov, 2014 12:00am
'Punjab reserves Rs two billion to achieve MDGs target'

'Punjab reserves Rs two billion to achieve MDGs target'

Punjab Excise and Taxation, Finance and Law Minister Mujtaba Shujaur Rehman while talking to a delegation of students and teachers of a private institute of fashion and design here on Wednesday has said that in order to achieve the Millennium Development
Published 27 Nov, 2014 12:00am
'Punjab reserves Rs two billion to achieve MDGs target'

'Punjab reserves Rs two billion to achieve MDGs target'

Punjab Excise and Taxation, Finance and Law Minister Mujtaba Shujaur Rehman while talking to a delegation of students and teachers of a private institute of fashion and design here on Wednesday has said that in order to achieve the Millennium Development
Published 27 Nov, 2014 12:00am
Delegation of PST meets JI leadership

Delegation of PST meets JI leadership

A delegation of the Ulema of the Pakistan Sunni Tehrik (PST) on Wednesday called on the deputy chief of the Jamaat e Islami, Hafiz Muhammad Idrees, at Mansura and congratulated the JI leadership on the success of the JI Ijtema. The delegation which includ
Published 27 Nov, 2014 12:00am
Protest held against assassination of ANP leader

Protest held against assassination of ANP leader

Activists of Awami National Party (ANP) on Wednesday staged a demonstration at chowk Nawan Shehr under the leadership of Pir Tariq, Nadeem Qureshi, Saleh Muhammad and Muhammad Ali Niaz to condemn the assassination of Dr Ziauddin Farooqui a leader of ANP K
Published 27 Nov, 2014 12:00am
Unsold stock of 2.5 million bales: PCGA chief threatens to go on strike

Unsold stock of 2.5 million bales: PCGA chief threatens to go on strike

Haji Hafeez Anwar Chairman of Pakistan Cotton Ginners Association (PCGA) has termed the role of ministries of textile industry, commerce and finance as silent spectators and these are doing nothing to the sinking vessel of the cotton ginners who were cryi
Published 27 Nov, 2014 12:00am
Aapa Noohani's death condoled

Aapa Noohani's death condoled

Vice Chancellor of Sindh University Professor Dr Imdad Ali Ismaili and Registrar Ghulam Muhammad Bhutto have expressed deep sense of sorrow over the death of veteran educationalist and former syndicate member of SU Aapa Mariyam Noohani. In their separate
Published 27 Nov, 2014 12:00am
Dacoits loot Rs 0.8 million from local bank

Dacoits loot Rs 0.8 million from local bank

Five armed dacoits on Wednesday looted some Rs 800,000 from a private bank located in North Nazimabad. According to police, the incident occurred in the morning when five armed men barged into the bank and took the entire staff hostage at gunpoint and man
Published 27 Nov, 2014 12:00am
Body found, two killed in separate incidents

Body found, two killed in separate incidents

Two persons were killed while a bullet-riddled body of man was found in separate incidents of violence here on Wednesday. According to police and rescue sources, Mukhtar son of Syed Basit Ali was shot and killed by unknown persons in Nazimabad No-1. The b
Published 27 Nov, 2014 12:00am
SIMs issued before BVS: committee to formulate recommendations

SIMs issued before BVS: committee to formulate recommendations

Inspector General of Police Sindh Ghulam Hayder Jamali has constituted a committee to formulate practical recommendations with regard to SIMs issued before introduction of Biometrics Verification System (BVS) especially in Sindh. The committee including D
Published 27 Nov, 2014 12:00am
Mobilink's Customer Connect expo concludes

Mobilink's Customer Connect expo concludes

Mobilink's Customer Connect, a two-day expo showcasing Mobilink's portfolio of business products, services and offers concluded in a local hotel in Karachi Wednesday. The exposition is part of a series being carried out across Pakistan. The event was orga
Published 27 Nov, 2014 12:00am
Thar famine situation: SHC asks Centre, Sindh to submit detailed report

Thar famine situation: SHC asks Centre, Sindh to submit detailed report

Taking exception to deteriorating situation in Thar, the Sindh High Court directed the federal and provincial governments on Wednesday to submit detailed reports outlining their efforts to contend with the issues faced by the drought affected people and m
Published 27 Nov, 2014 12:00am
Three engines to be added to goods transportation fleet of Railways

Three engines to be added to goods transportation fleet of Railways

Three latest locomotives will soon be added to Pakistan Railways' existing goods transportation fleet running between Karachi and the upcountry, it was learnt on Wednesday. According to sources, Pakistan Railways, under an agreement, has agreed to acquire
Published 27 Nov, 2014 12:00am
Security guards asked to wear only blue uniforms

Security guards asked to wear only blue uniforms

The Home Department, Sindh has Under Section 144 (6) Cr PC imposed complete ban throughout the province on wearing of uniform by the guards of private security companies resembling with police and other Law-enforcement agencies(LEAs). The guards of privat
Published 27 Nov, 2014 12:00am
Transparency can make public institutions profitable: Rabbani

Transparency can make public institutions profitable: Rabbani

Transparency and professional management can make public institutions profitable instead of their privatisation, said Senator Raza Rabbani at a press conference held at PPP Media Cell, on Wednesday. He said that professional boards could also play a vital
Published 27 Nov, 2014 12:00am
Rashid meets MQM leaders in Karachi

Rashid meets MQM leaders in Karachi

Chief of Awami Muslim League (AML), Sheikh Rashid Ahmed on Wednesday arrived in Karachi and held a meeting with leaders of Muttahida Qaumi Movement (MQM). The two sides discussed possibilities of political co-operation in the current scenario. The meeting
Published 27 Nov, 2014 12:00am
Tony Manwaring made CIMA's Executive Director (EA)

Tony Manwaring made CIMA's Executive Director (EA)

Chartered Institute of Management Accountants (CIMA) on Wednesday announced the appointment of Tony Manwaring as Executive Director, External Affairs. The newly-created role forms part of CIMA's Senior Management Team based at its Corporate Centre and wil
Published 27 Nov, 2014 12:00am
Lashari murder case: ATC dismisses applications of the accused

Lashari murder case: ATC dismisses applications of the accused

The Anti-Terrorism Court-III (ATC-III), Karachi, on Wednesday dismissed applications filed by accused Salman Abro in the Suleman Lashari murder case. Abro, the main suspect of the case, had filed different applications in ATC in his defence. Through an ap
Published 27 Nov, 2014 12:00am
KCCI urged to organise trade delegation visit to Iran

KCCI urged to organise trade delegation visit to Iran

Consul General of Islamic Republic of Iran in Karachi, Mehdi Subhani has urged Karachi Chamber of Commerce and Industry (KCCI) to organise a trade delegation's visit to Iran in order to further strengthen trade ties between the two countries. Speaking at
Published 27 Nov, 2014 12:00am
KASB Bank & KASB Securities

KASB Bank & KASB Securities

State Bank of Pakistan (SBP) needs to ensure that the Common Joe does not lose his savings in KASB Bank. If the owners of the businesses are to be sold to make the loss so be it. meanwhile SBP or National Bank of Pakistan (NBP) should use their resources
Published 27 Nov, 2014 12:00am
Oil industry swashbucklers hit by war, disease and shale boom

Oil industry swashbucklers hit by war, disease and shale boom

The world has become a more difficult place for the small, intrepid Canadian oil explorers that roam the globe hunting for the next big petroleum discovery. Like the big-game hunters that once ranged Africa, these small-cap explorers and producers (E&Ps)
Published 27 Nov, 2014 12:00am
Debate over international intellectual property rights

Debate over international intellectual property rights

The legal framework in this regard has been embodied in a bundle of international agreements. The most important of them, are known as the multilateral trade agreements; these are a bunch of agreements on international intellectual property field or in th
Published 27 Nov, 2014 12:00am
VIEW POINT: The diamond jewellery set no one can own

VIEW POINT: The diamond jewellery set no one can own

The timing of a Swiss federal tribunal's verdict in a case his last government initiated in October 1997 against former prime minister Benazir Bhutto, her husband Asif Ali Zardari, and her mother Nusrat Bhutto could not be worse for the present Sharif gov
Published 27 Nov, 2014 12:00am
Indefensible failure

Indefensible failure

There may be quite a few sources for the turmoil currently buffeting our polity, but the one that stands above all is quality of the national electoral process. The last general elections, held in June 2013, had then won appreciation both at home and abro
Published 27 Nov, 2014 12:00am
LSM performance remains poor

LSM performance remains poor

According to data released by the Pakistan Bureau of Statistics, Large-Scale Manufacturing (LSM) growth was 1.86 percent in the first quarter of the current fiscal year (July-September) over the corresponding period last year. The growth though small was
Published 27 Nov, 2014 12:00am
Business community concerned at decline in exports

Business community concerned at decline in exports

Business community has expressed serious concern over substantial decreases in exports in the last four months. They said that energy crisis and political unrest hit business activities in the country hard, resulting in decline in country's exports. Presi
Published 27 Nov, 2014 12:00am
Uplift projects worth Rs 6.5 million inaugurated at Jhampir

Uplift projects worth Rs 6.5 million inaugurated at Jhampir

In order to work more on the uplift of the community and the area of Jhampir in Thatta Sindh, a team of Fauji Fertilizer Company (FFC) Senior Manager CSR Brigadier Munawar Hayat Khan Niazi (Retd) inaugurated the projects worth Rs 6.5 million.
Published 27 Nov, 2014 12:00am
'MCB Lite' launched at LUMS

'MCB Lite' launched at LUMS

A launch ceremony was held at the Lahore University of Management Sciences (LUMS) on November 25, for MCB Bank Ltd's exciting new product, "MCB Lite." The cashless drive was inaugurated by the LUMS Vice Chancellor, Dr Sohail Naqvi at the LUMS Pepsi Dining
Published 27 Nov, 2014 12:00am
Transfers, postings in FBR

Transfers, postings in FBR

Federal Board of Revenue has transferred and posted 08 officers of Inland Revenue Service (BS-17-20) with immediate effect.
Published 27 Nov, 2014 12:00am
KP Assembly passes bill to ensure treatment to injured persons

KP Assembly passes bill to ensure treatment to injured persons

The provincial government of Khyber Pakhtunkhwa has passed The Khyber Pakhtunkhwa Injured Persons and Emergency (Medical Aid) Bill, 2014 from the provincial assembly to provide medical aid and treatment of injured persons in the province of the Khyber Pak
Published 27 Nov, 2014 12:00am
Chinese investors show interest in power generation projects

Chinese investors show interest in power generation projects

A delegation of Chinese investors in a meeting with Punjab Chief Minister Shahbaz Sharif expressed their interest in investment in power generation projects based on solid waste. Speaking on the occasion, the Chief Minister said that energy crisis has bad
Published 27 Nov, 2014 12:00am
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