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  Latest Business and Finance News
European stocks wobble on Greek debt fears [Geo TV]
18 Mar, 2010
LONDON: European stock markets wobbled Thursday on investor unease over ineffectual EU efforts to resolve a debt crisis gripping Greece. European markets lost ground "as investors continued to fret over Greece''s sovereign debt problems," said City Index analyst Joshua Raymond. The mining sector came under particular pressure as the dollar firmed against the euro, with the Greek turmoil taking a toll on the single European currency. The London FTSE 100 index slipped 0.04 percent to clo
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 More Business and Finance News
  European stocks wobble on Greek debt fears  [Geo TV] 18 Mar, 2010

LONDON: European stock markets wobbled Thursday on investor unease over ineffectual EU efforts to resolve a debt crisis gripping Greece. European m ... view detail


  Foreign investment keeps KSE afloat 10,000 level  [Geo TV] 18 Mar, 2010

KARACHI: Investment by foreign portfolio investors at Karachi Stock Exchange (KSE) Thursday helped the benchmark KSE-100 Index maintain 10,0000 points ... view detail


  Iran offers Pakistan electricity at much lower than RPP rates  [Geo TV] 18 Mar, 2010

ISLAMABAD: Iran has offered Pakistan 2200 MW electricity at 3 times cheaper rates compared to those of RPPs. Iran’s ambassador to Pakistan Mashalla ... view detail


  PSO resumes oil supply to KESC  [Geo TV] 18 Mar, 2010

KARACHI: The Pakistan State Oil today resumed supply of oil to Karachi Electric Supply Corporation (KESC) after it assured the oil supplier of paying ... view detail


  Oil price fall as dollar strengthens  [Geo TV] 18 Mar, 2010

LONDON: World oil prices lost ground on Thursday as dealers took their cue from the strengthening US currency, analysts said. New York''s main cont ... view detail


  APTMA calls off strike  [Geo TV] 18 Mar, 2010

LAHORE: The All Pakistan Textile Mills Association (Aptma) chairman Gohar Ijaz called off the strike on receiving assurances from the Punjab Governor ... view detail


  OPEC decides to maintain oil output steady  [Geo TV] 18 Mar, 2010

VIENNA: OPEC ministers in Vienna have agreed not to change oil output targets. This is the fifth consecutive time since 2009 that OPEC decided to main ... view detail


  APTMA on strike against cut in yarn export quota  [Geo TV] 18 Mar, 2010

KARACHI: The All Pakistan Textile Mills Association (APTMA) is observing strike today along with around 350 yarn manufacturing factories all over Paki ... view detail


  Oil falls to near $82 in Asia  [Geo TV] 18 Mar, 2010

SINGAPORE: Oil prices fell toward $82 a barrel Thursday in Asia, paring two days of gains that were fueled by signs U.S. crude demand may be improving ... view detail


  Govt to ensure bigger gas quota for power plants  [Geo TV] 18 Mar, 2010

ISLAMABAD: The government is mulling over reducing the gas quota specified for sectors including CNG stations to ensure the gas supply to rental power ... view detail


  Oil stays above $80 in Asian trade  [Geo TV] 18 Mar, 2010

SINGAPORE: Oil fell in Asian trade Thursday, erasing overnight gains in reaction to OPEC''s decision to keep output targets unchanged, analysts said. ... view detail


  LPG prices slashed by Rs4/ kg  [Geo TV] 17 Mar, 2010

ISLAMABAD: Price of Liquefied Petroleum Gas (LPG) has been reduced by Rs4 per kilogram. President LPG Association Irfan Khokhar told Geo News that ... view detail


  VAT may increase inflation: FBR Chairman  [Geo TV] 17 Mar, 2010

ISLAMABAD: Federal Board of Revenue Chairman Suhail Ahmed said Wednesday that more than 700, 000 would be brought into the tax net after imposition of ... view detail


  Rs104 bln dues payable to PSO  [Geo TV] 17 Mar, 2010

KARACHI: Pakistan State Oil (PSO) owes a debt of Rs97 billion to a number of organizations as against Rs104 billion payable to it by others. Accord ... view detail


  Dollar slips against euro  [Geo TV] 17 Mar, 2010

LONDON: The dollar fell Wednesday against the euro after the US Federal Reserve said it would keep record-low interest rates for some time, and amid l ... view detail


  Govt rejects yarn exporters’ pressure  [Geo TV] 17 Mar, 2010

ISLAMABAD: Federal Minister for Textile Industry, Rana Muhammad Farooq Saeed Khan, said that the government is inclined on mitigating the sufferings o ... view detail


  KESC owes Rs115b to pay  [Geo TV] 17 Mar, 2010

KARACHI: The Karachi Electric Supply Company (KESC) has to pay at least Rs115 billion in contrast with Rs50 billion which it is to receive, according ... view detail


  Asian shares climb, dollar at one-month lows  [Geo TV] 17 Mar, 2010

SINGAPORE: Technology plays led Asian shares higher on Wednesday after the Federal Reserve maintained its pledge to hold interest rates near zero, whi ... view detail


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