Isolated rain in KP expected on Saturday: Met Office
[Business Recorder] 23 May, 2013
PESHAWAR: The Met Office here Thursday forecast a scattered dust-storm with isolated rain in Khyber Pakhtunkhwa on May 25 and 26 that would drop curre ...
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JGB yields surge, markets spooked by Bernanke remarks
[Reuters] 23 May, 2013
SINGAPORE (Reuters) - Japanese government bonds plunged on Thursday, taking yields to their highest in a year and leading a selloff in bonds globally ...
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High costs, currency push Ford out of Australia car manufacturing
[Reuters] 23 May, 2013
CANBERRA (Reuters) - Ford Motor Co will shut its two Australian auto plants in October 2016, blaming a strong currency and costs that are hitting manu ...
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PML(N) chief calls on Chinese Premier
[Business Recorder] 23 May, 2013
ISLAMABAD: Pakistan Muslim League (N) chief Mian Muhammad Nawaz Sharif called on Chinese Premier Li Keqiang here Thursday and discussed ways to streng ...
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Analysts term reconciliation policy of PPP, PML-N as good step
[Business Recorder] 23 May, 2013
ISLAMABAD: Analyst Zia-ud-Din has termed the policy of reconciliation a good step as PML-N chief Nawaz Sharif is trying to make a consensus on nationa ...
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48-hour CNG pumps closure announced in Sindh
[Geo TV] 23 May, 2013
KARACHI: Sui Southern Gas Company (SSGC) management has rescheduled CNG closure program for current week and decid
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PM Khoso's area declared new district
[Business Recorder] 23 May, 2013
QUETTA: The interim Government of Balochistan has carved out new district in Nasirabad division namely Sohbatpur that is native area of Caretaker Prim ...
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Delta will wait for new planes to mature: CEO
[Reuters] 23 May, 2013
(Reuters) - Delta Air Lines is letting a wave of orders for the newest planes on the market roll by, giving the jets time to prove themselves before b ...
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Bank credit to private sector falls by 60pc
[The News] 23 May, 2013
KARACHI: Bank credit to the private sector fell by 60 percent, shrinking to Rs92.89 billion during July 1, 2012 to May 10, 2013 from Rs235 billion in
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HP raises 2013 outlook as Whitman's plan takes hold
[Reuters] 22 May, 2013
SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's ...
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PepsiCo rethinks U.S. pricing to attract more daily buyers
[Reuters] 22 May, 2013
(Reuters) - PepsiCo Inc said it is tweaking its drink-pricing strategy in some parts of the United States, as it aims to wean consumers off the habit ...
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Pakistan, China sign multiple MoUs, agreements
[Geo TV] 22 May, 2013
ISLAMABAD: Pakistan and China Wednesday inked a number of economic/technical agreements and memorandum s of unders
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HP profit down 32 percent, shares up as results beat estimates
[Reuters] 22 May, 2013
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly profit slid 32 percent but the world's largest personal computer maker raised the l ...
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Starbucks veteran Michelle Gass leaving for Kohl's
[Reuters] 22 May, 2013
(Reuters) - Starbucks Corp executive Michelle Gass, who was instrumental in the world's biggest coffee chain's post-recession U.S. turnaroun ...
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Electric carmaker Tesla pays off U.S. loan
[Reuters] 22 May, 2013
DETROIT (Reuters) - Electric carmaker Tesla Motors Inc on Wednesday said it has paid off its U.S. Department of Energy loan, using money raised last w ...
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HP second quarter quarter profit down 32 percent
[Reuters] 22 May, 2013
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly profit slid 32 percent but the world's largest personal computer maker raised the l ...
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Bernanke says more progress needed before stimulus pullback
[Reuters] 22 May, 2013
WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of ...
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Karachi Stock Exchange rallies over 290 points
[Geo TV] 22 May, 2013
KARACHI: The Karachi Stock Exchange (KSE) closed higher on Wednesday drawing strength form the incoming government
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