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Print - 2015-04-19
Auto industry: Zubair forced to withdraw proposal

Auto industry: Zubair forced to withdraw proposal

The powerful auto industry has reportedly forced Chairman Privatisation Commission (PC) Muhammad Zubair to withdraw a proposal meant to make mandatory for auto assemblers to change their models after every ten years, well informed sources told Business Re
Published 19 Apr, 2015 12:00am
Auto industry: Zubair forced to withdraw proposal

Auto industry: Zubair forced to withdraw proposal

The powerful auto industry has reportedly forced Chairman Privatisation Commission (PC) Muhammad Zubair to withdraw a proposal meant to make mandatory for auto assemblers to change their models after every ten years, well informed sources told Business Re
Published 19 Apr, 2015 12:00am
Auto industry: Zubair forced to withdraw proposal

Auto industry: Zubair forced to withdraw proposal

The powerful auto industry has reportedly forced Chairman Privatisation Commission (PC) Muhammad Zubair to withdraw a proposal meant to make mandatory for auto assemblers to change their models after every ten years, well informed sources told Business Re
Published 19 Apr, 2015 12:00am
Police shoot teenage protester dead in IHK

Police shoot teenage protester dead in IHK

Indian police shot dead a 16-year-old boy on Saturday during an anti-India demonstration in held Kashmir as a strike shut down the Himalayan region on a second day of violent clashes, officials said. The uncle of the boy said police first detained his nep
Published 19 Apr, 2015 12:00am
Police shoot teenage protester dead in IHK

Police shoot teenage protester dead in IHK

Indian police shot dead a 16-year-old boy on Saturday during an anti-India demonstration in held Kashmir as a strike shut down the Himalayan region on a second day of violent clashes, officials said. The uncle of the boy said police first detained his nep
Published 19 Apr, 2015 12:00am
Pakistan condemns terrorist attack

Pakistan condemns terrorist attack

Pakistan on Saturday strongly condemned the terrorist attack in Jalalabad, Afghanistan, and also offered its help to the Afghan government to successfully fight terrorism. Prime Minister Nawaz Sharif, while condemning the terrorist attack, said that Pakis
Published 19 Apr, 2015 12:00am
Pakistan condemns terrorist attack

Pakistan condemns terrorist attack

Pakistan on Saturday strongly condemned the terrorist attack in Jalalabad, Afghanistan, and also offered its help to the Afghan government to successfully fight terrorism. Prime Minister Nawaz Sharif, while condemning the terrorist attack, said that Pakis
Published 19 Apr, 2015 12:00am
IS claims deadly suicide attack: Ghani

IS claims deadly suicide attack: Ghani

The Islamic State group claimed responsibility for a suicide attack in Afghanistan Saturday that killed 33 people and wounded more than 100 others, President Ashraf Ghani said, in what appears to be the first major attack by the jihadists in the country.
Published 19 Apr, 2015 12:00am
IS claims deadly suicide attack: Ghani

IS claims deadly suicide attack: Ghani

The Islamic State group claimed responsibility for a suicide attack in Afghanistan Saturday that killed 33 people and wounded more than 100 others, President Ashraf Ghani said, in what appears to be the first major attack by the jihadists in the country.
Published 19 Apr, 2015 12:00am
An insurer cannot engage itself in self-insurance: SECP

An insurer cannot engage itself in self-insurance: SECP

The Securities and Exchange Commission of Pakistan (SECP) has declared that an insurance company can not engage in self-insurance by insuring its own assets and issuing different policies covering its head office, branches, machinery breakdown, fire, moto
Published 19 Apr, 2015 12:00am
An insurer cannot engage itself in self-insurance: SECP

An insurer cannot engage itself in self-insurance: SECP

The Securities and Exchange Commission of Pakistan (SECP) has declared that an insurance company can not engage in self-insurance by insuring its own assets and issuing different policies covering its head office, branches, machinery breakdown, fire, moto
Published 19 Apr, 2015 12:00am
An insurer cannot engage itself in self-insurance: SECP

An insurer cannot engage itself in self-insurance: SECP

The Securities and Exchange Commission of Pakistan (SECP) has declared that an insurance company can not engage in self-insurance by insuring its own assets and issuing different policies covering its head office, branches, machinery breakdown, fire, moto
Published 19 Apr, 2015 12:00am
Pak-Afghan cooperation a must to eliminate terrorism: Karimi

Pak-Afghan cooperation a must to eliminate terrorism: Karimi

Chief of General Staff, Afghan National Army, General Sher Mohammad Karimi Saturday stressed on close co-operation between Pakistan and Afghanistan to completely root out the menace of terrorism from the region. Addressing the 132nd passing-out parade of
Published 19 Apr, 2015 12:00am
Pak-Afghan cooperation a must to eliminate terrorism: Karimi

Pak-Afghan cooperation a must to eliminate terrorism: Karimi

Chief of General Staff, Afghan National Army, General Sher Mohammad Karimi Saturday stressed on close co-operation between Pakistan and Afghanistan to completely root out the menace of terrorism from the region. Addressing the 132nd passing-out parade of
Published 19 Apr, 2015 12:00am
Border security deal inked with Iran

Border security deal inked with Iran

After three days of intensive talks between Iran and Pakistan and at the end of the eighth Iran-Pakistan border security conference in Islamabad, the two sides inked an agreement on security co-operation, it was announced Saturday. According to Iranian ne
Published 19 Apr, 2015 12:00am
Border security deal inked with Iran

Border security deal inked with Iran

After three days of intensive talks between Iran and Pakistan and at the end of the eighth Iran-Pakistan border security conference in Islamabad, the two sides inked an agreement on security co-operation, it was announced Saturday. According to Iranian ne
Published 19 Apr, 2015 12:00am
Saudi vows to cover UN aid call for Yemen, keeps up air raids

Saudi vows to cover UN aid call for Yemen, keeps up air raids

Saudi Arabia pledged Saturday to cover the entire $274 million in humanitarian aid sought by the UN for conflict-torn Yemen, where a Saudi-led coalition has been bombing Shiite rebels for three weeks. The United Nations says hundreds of people have died a
Published 19 Apr, 2015 12:00am
Saudi vows to cover UN aid call for Yemen, keeps up air raids

Saudi vows to cover UN aid call for Yemen, keeps up air raids

Saudi Arabia pledged Saturday to cover the entire $274 million in humanitarian aid sought by the UN for conflict-torn Yemen, where a Saudi-led coalition has been bombing Shiite rebels for three weeks. The United Nations says hundreds of people have died a
Published 19 Apr, 2015 12:00am
President summons joint session of parliament on April 21

President summons joint session of parliament on April 21

President Mamnoon Hussain, on the advice of Prime Minister Nawaz Sharif, has summoned joint session of the parliament on April 21. Chinese President Xi Jinping will address the joint session of the parliament, summoned at 9:25 AM on April 21. Sources said
Published 19 Apr, 2015 12:00am
President summons joint session of parliament on April 21

President summons joint session of parliament on April 21

President Mamnoon Hussain, on the advice of Prime Minister Nawaz Sharif, has summoned joint session of the parliament on April 21. Chinese President Xi Jinping will address the joint session of the parliament, summoned at 9:25 AM on April 21. Sources said
Published 19 Apr, 2015 12:00am
President Xi due tomorrow: projects worth $45 billion may be signed

President Xi due tomorrow: projects worth $45 billion may be signed

Chinese President Xi Jinping is arriving here on Monday on a two-day (April 20-21) state visit with a massive economic package. Both Pakistan and China are expected to sign $45 billion energy, communication and infrastructure projects during the Chinese P
Published 19 Apr, 2015 12:00am
President Xi due tomorrow: projects worth $45 billion may be signed

President Xi due tomorrow: projects worth $45 billion may be signed

Chinese President Xi Jinping is arriving here on Monday on a two-day (April 20-21) state visit with a massive economic package. Both Pakistan and China are expected to sign $45 billion energy, communication and infrastructure projects during the Chinese P
Published 19 Apr, 2015 12:00am
President Xi due tomorrow: projects worth $45 billion may be signed

President Xi due tomorrow: projects worth $45 billion may be signed

Chinese President Xi Jinping is arriving here on Monday on a two-day (April 20-21) state visit with a massive economic package. Both Pakistan and China are expected to sign $45 billion energy, communication and infrastructure projects during the Chinese P
Published 19 Apr, 2015 12:00am
Your rupee last quarter

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (January 2-March 31 2015)

Published 19 Apr, 2015 12:00am
The Weather

The Weather

The weather report on Saturday (April 18, 2015) and the forecast for Sunday (April 19, 2015).

Published 19 Apr, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 18, 2015)

Published 19 Apr, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

Further gains seen on the local currency market on Saturday as the rupee managed to pick up modestly against the dollar in the process of trading, dealers said.
Published 19 Apr, 2015 12:00am
THE RUPEE: steadier trend

THE RUPEE: steadier trend

Further gains seen on the local currency market on Saturday as the rupee managed to pick up modestly against the dollar in the process of trading, dealers said.
Published 19 Apr, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 18, 2015).

Published 19 Apr, 2015 12:00am
Canadian canola futures jump

Canadian canola futures jump

ICE Canadian canola futures jumped 1 percent on Friday, recouping a portion of their steep losses from the previous session on bargain buying and worries that dry conditions could hamper crop development in the Canadian Prairies.
Published 19 Apr, 2015 12:00am
Lean business on grain market

Lean business on grain market

A few changes were seen on the local grain Market on Saturday in the process of trading, dealers said. On the cereals side, Moong Punjab was down by Rs 10 to Rs 11740 and Moong Afghan, however, gained Rs 15 to Rs 12765, they said. On the seeds sector, cot
Published 19 Apr, 2015 12:00am
India oilseed futures rise on short-covering

India oilseed futures rise on short-covering

Indian oilseed futures rose on Friday amid short-covering due to a poor rapeseed harvest as the winter sown oilseed crop was hit by untimely rain and hailstorms.
Published 19 Apr, 2015 12:00am
Indonesia's tin group says won't sell below $17,000/tonne

Indonesia's tin group says won't sell below $17,000/tonne

A group of Indonesian tin smelters said on Friday its members had slashed production, and along with the country's biggest tin exporter PT Timah, would no longer trade the metal at prices below $17,000 a tonne in an effort to stem a sell-off.
Published 19 Apr, 2015 12:00am
Asian Sugar: Thai sugar premiums fall

Asian Sugar: Thai sugar premiums fall

Thai raw sugar premiums have fallen as subdued global prices, weak demand and rising supplies from top producer Brazil thwarted mills' efforts to clinch export deals, dealers said on Thursday.
Published 19 Apr, 2015 12:00am
Cotton market Rates firm up on sustained demand

Cotton market Rates firm up on sustained demand

Not much improvement was seen in the trading activity on Saturday as the sellers preferred to be on the sidelines mainly because of shortage of crop, dealers said. The official spot rate was unchanged at Rs 5300, dealers said. So, in the ready session, ar
Published 19 Apr, 2015 12:00am
US corn, soyabean bids steady to firm

US corn, soyabean bids steady to firm

US corn and soyabean basis bids were steady to firm on Friday afternoon after the slightly higher futures close, but merchandisers reported no pick-up in this week's slow farmer selling with most producers busy in fields planting corn.
Published 19 Apr, 2015 12:00am
China to double subsidies for corn processors

China to double subsidies for corn processors

China could double its subsidies this year to corn processors in the main producing area in the northeast in a bid to help the loss-making industry and stimulate consumption, industry sources said.
Published 19 Apr, 2015 12:00am
Asian gasoline crack falls

Asian gasoline crack falls

The Asian gasoline crack slipped marginally to $12.65 a barrel as high Brent crude prices weighed, but demand was brisk in the Singapore cash market.
Published 19 Apr, 2015 12:00am
European vegoils prices mostly higher

European vegoils prices mostly higher

European vegetable oils prices were mostly higher on Thursday in very thin trading conditions, with activity slow ahead of a major trade meeting in Rotterdam.Dealers said many market participants were attending an annual dinner in Rotterdam organised by t
Published 19 Apr, 2015 12:00am
US FOB Gulf wheat offers unchanged

US FOB Gulf wheat offers unchanged

Export premiums for wheat shipped from the Gulf Coast were level on Friday on limited demand for US supplies amid competition from less expensive grain from rival exporters, traders said.
Published 19 Apr, 2015 12:00am
EU wheat futures fall to five-month low

EU wheat futures fall to five-month low

Euronext wheat futures closed slightly lower on Friday as the market struggled to recover from a near five-month low linked to rain relief for the dry US grain belt.
Published 19 Apr, 2015 12:00am
Gold, silver price forecasts slashed as US rate rise looms

Gold, silver price forecasts slashed as US rate rise looms

Analysts have made big cuts to expectations for gold and silver prices this year and next after the metals, weighed down by the prospect of higher US interest rates, failed to recover last year's losses in early 2015.
Published 19 Apr, 2015 12:00am
LME closer to coveted China market as stock plan launches

LME closer to coveted China market as stock plan launches

The London Metal Exchange expects to make its first foray into the lucrative Chinese market in the next year or so as a much-anticipated stock program pries open the world's biggest commodities market, its chief executive officer said in an interview.
Published 19 Apr, 2015 12:00am
Egypt's GASC buys 300,000 tonnes of wheat

Egypt's GASC buys 300,000 tonnes of wheat

Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Saturday it had bought 300,000 tonnes of French, Russian and Romanian wheat in a tender for shipment between June 5 and June 15.
Published 19 Apr, 2015 12:00am
China's March crude oil exports highest since 2006

China's March crude oil exports highest since 2006

China exported 750,000 tonnes of crude oil in March, its largest volume since 2006, in a possible sign the world's second largest crude importer is running out of storage capacity.
Published 19 Apr, 2015 12:00am
Noble Group shares dive on critical Muddy Waters report

Noble Group shares dive on critical Muddy Waters report

Asian commodity trading giant Noble Group hit back Thursday after US short-seller Muddy Waters accused the firm of existing "solely to borrow and burn cash", in an attack that saw its shares dive.
Published 19 Apr, 2015 12:00am
China commodities imports resume but demand weak

China commodities imports resume but demand weak

China's commodities imports generally rose in March on a month earlier as shipments resumed after the Lunar New Year holiday, but analysts pointed to still weak demand for goods ranging from iron ore to coal and soybeans.
Published 19 Apr, 2015 12:00am
Yemen war puts 2015 crop at risk, food stocks shrink: UN agency

Yemen war puts 2015 crop at risk, food stocks shrink: UN agency

Conflict in Yemen is disrupting the crop planting season and threatens to create food shortages as the war-stricken country eats into its cereal reserves, the United Nations Food and Agriculture Organization (FAO) said on Wednesday.
Published 19 Apr, 2015 12:00am
Platinum, palladium forecasts cut on oversupply, soft demand

Platinum, palladium forecasts cut on oversupply, soft demand

Analysts and traders have cut their forecasts for platinum and palladium prices after they underperformed gold and silver in the first quarter, as supply of the metals remains ample in the face of lacklustre demand from jewellers and carmakers.
Published 19 Apr, 2015 12:00am
New York gold pares gains after US inflation data

New York gold pares gains after US inflation data

Gold pared gains on Friday, heading for a second weekly drop, after data showing US consumer prices rose in March tempered speculation the Federal Reserve will delay its first interest rate rise in nearly a decade.
Published 19 Apr, 2015 12:00am
Oil price soars in mixed week for commodities

Oil price soars in mixed week for commodities

Star commodity performer oil surged in value this week on hopes that easing US shale output could help curb the stubborn global supply glut, analysts said. "Oil prices rose sharply in the past week, supported by further evidence that US production and cru
Published 19 Apr, 2015 12:00am
China fines Alibaba $129,000 for pricing Violations

China fines Alibaba $129,000 for pricing Violations

China's e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms. Since Alibaba turned "Singles' Day", a No
Published 19 Apr, 2015 12:00am
Labour pledges to tackle exploitation of migrant workers

Labour pledges to tackle exploitation of migrant workers

British opposition leader Ed Miliband said on Saturday that he would set up a new government unit to prosecute employers who exploit migrant workers if his Labour Party wins power in the national election on May 7. In a major speech on immigration - a wid
Published 19 Apr, 2015 12:00am
Prince Harry gets airborne and into Australia's Outback

Prince Harry gets airborne and into Australia's Outback

Prince Harry completes the first two weeks of a stint with the Australian Army on Sunday, training in bush survival skills, spending time on helicopter duties and playing wheelchair Aussie Rules football. Captain Wales, as he is known in the British Army,
Published 19 Apr, 2015 12:00am
Sudan security seizes newspaper issue: editor

Sudan security seizes newspaper issue: editor

Sudanese security agents seized the entire Saturday edition of a newspaper over an article about an activist who was detained in the run-up to the country's general elections, its editor-in-chief said. The National Intelligence and Security Service took t
Published 19 Apr, 2015 12:00am
700 Liberian Ebola workers protest for hazard pay

700 Liberian Ebola workers protest for hazard pay

Seven hundred Liberian Ebola workers took to the streets of the capital Monrovia for a second day on Saturday to demand promised hazard pay. "We took risks so we deserve our benefits," demonstrators chanted as the protest began Friday, when they disrupted
Published 19 Apr, 2015 12:00am
Australia foils alleged terror attack for Gallipoli centenary

Australia foils alleged terror attack for Gallipoli centenary

Hundreds of Australian police on Saturday arrested five teens planning an Islamic State-inspired terrorist attack next week at an event to mark the centenary of the landings at Gallipoli during World War One, Prime Minister Tony Abbott said.
Published 19 Apr, 2015 12:00am
Lawmakers approve Afghan cabinet after months of stalemate

Lawmakers approve Afghan cabinet after months of stalemate

Afghanistan's parliament Saturday approved 16 more ministerial nominees, including four women, nearly completing President Ashraf Ghani's cabinet after months of stalemate - leaving only the crucial post of defence minister to be filled. Only eight out of
Published 19 Apr, 2015 12:00am
Hollande's approval ratings climb off rock bottom

Hollande's approval ratings climb off rock bottom

President Francois Hollande's approval rating has risen, but the vast majority of French voters remain unhappy with his performance, casting doubt on his re-election chances, said an opinion poll published on Saturday. The Opinionway survey in Le Figaro n
Published 19 Apr, 2015 12:00am
Russia denies German report it is ready to sign gas deal with Greece

Russia denies German report it is ready to sign gas deal with Greece

Russia denied on Saturday a German media report suggesting that it could sign a gas pipeline deal with Greece as early as Tuesday which could bring up to five billion euros into Athens' depleted state coffers. German magazine Der Spiegel, citing a senior
Published 19 Apr, 2015 12:00am
Thousands in Germany protest against Europe-US trade deal

Thousands in Germany protest against Europe-US trade deal

Thousands of people marched in Berlin, Munich and other German cities on Saturday in protest against a planned free trade deal between Europe and the United States that they fear will erode food, labour and environmental standards. Opposition to the Trans
Published 19 Apr, 2015 12:00am
'More work needed now' by Greece for debt deal: Draghi

'More work needed now' by Greece for debt deal: Draghi

European Central Bank chief Mario Draghi said Saturday that Greece needs to do much more, and urgently so, on an acceptable plan to gain further EU financing. With the clock ticking on Greek negotiations with the European Union for the release of another
Published 19 Apr, 2015 12:00am
'More work needed now' by Greece for debt deal: Draghi

'More work needed now' by Greece for debt deal: Draghi

European Central Bank chief Mario Draghi said Saturday that Greece needs to do much more, and urgently so, on an acceptable plan to gain further EU financing. With the clock ticking on Greek negotiations with the European Union for the release of another
Published 19 Apr, 2015 12:00am
Britain's watchdog criticises Deutsche Bank over Libor
Libor

Britain's watchdog criticises Deutsche Bank over Libor

Britain's financial regulator has harshly criticized Deutsche Bank's top management for failing to cooperate in its probe of the rigging of benchmark interest rate Libor, German magazine Der Spiegel said on Saturday. Britains Financial Conduct Authority (
Published 19 Apr, 2015 12:00am
Taurus revamp debuts in China as Ford counters US sedan slump

Taurus revamp debuts in China as Ford counters US sedan slump

Ford Motor Co's global premiere of its redesigned Taurus sedan in China underscores a shift in its US home market from the big sedan to roomier, utilitarian crossover SUVs. There's a similar trend in China, the world's biggest car market, but there is sti
Published 19 Apr, 2015 12:00am
Iranian banks agree to cut rates after inflation plunge

Iranian banks agree to cut rates after inflation plunge

Iranian banks agreed on Saturday to cut deposit and lending rates, the head of Iran's largest commercial bank said, after a sharp fall of inflation gave policymakers more room to pursue faster economic growth. "The directors of state and private banks tod
Published 19 Apr, 2015 12:00am
Iranian banks agree to cut rates after inflation plunge

Iranian banks agree to cut rates after inflation plunge

Iranian banks agreed on Saturday to cut deposit and lending rates, the head of Iran's largest commercial bank said, after a sharp fall of inflation gave policymakers more room to pursue faster economic growth. "The directors of state and private banks tod
Published 19 Apr, 2015 12:00am
China, Malaysia renew currency swap arrangement for 3 years

China, Malaysia renew currency swap arrangement for 3 years

China and Malaysia have renewed their currency swap arrangement for a further three years, according to a statement on the website of the Malaysian central bank. The swap exchanges 180 billion yuan ($29.04 billion) for 90 billion ringgit ($24.83 billion),
Published 19 Apr, 2015 12:00am
Ukraine meets with investors in effort to strike debt deal

Ukraine meets with investors in effort to strike debt deal

Ukrainian authorities met with investors in Washington on Friday as part of an effort to secure agreement on extending maturities of bonds issued by state-run Ukreximbank. In a news release issued following the meeting, Ukraine's Finance Ministry said it
Published 19 Apr, 2015 12:00am
Ukraine meets with investors in effort to strike debt deal

Ukraine meets with investors in effort to strike debt deal

Ukrainian authorities met with investors in Washington on Friday as part of an effort to secure agreement on extending maturities of bonds issued by state-run Ukreximbank. In a news release issued following the meeting, Ukraine's Finance Ministry said it
Published 19 Apr, 2015 12:00am
China securities regulator denies encouraging short selling

China securities regulator denies encouraging short selling

China's recent liberalisation of stock short-selling rules is not intended to encourage the practice, the China Securities Regulatory Commission (CSRC) said on Saturday, after overseas markets dropped sharply in response to the move. In a post on its offi
Published 19 Apr, 2015 12:00am
China wants to follow rules on currency basket, says IMF official

China wants to follow rules on currency basket, says IMF official

China does not want to bend the rules in its favour to include the yuan in the IMF's basket of major reserve currencies, the No. 2 official at the International Monetary Fund said. Beijing tightly controls the yuan's movements and has strong capital contr
Published 19 Apr, 2015 12:00am
Etsy valued at $4bn in market debut

Etsy valued at $4bn in market debut

Shares of Etsy Inc, an online marketplace for handmade goods and crafts, more than doubled in their debut on Thursday, valuing the company at about $4 billion. The company's offering of about 16.7 million shares raised about $267 million, after it was pri
Published 19 Apr, 2015 12:00am
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