Sydney: An Australian firm that won a landmark case against Standard & Poor’s over financial products that collapsed ahead of the global economic crisis said it would take its fight to Europe.
Karachi: Karachi Electric Supply Company has reaffirmed its commitment towards Pakistan by announcing an ambitious investment plan in excess of Rs 40 billion ($ 400 million). KESC has already invested around one billion dollar over the last four years in various large scale projects in generation, transmission and distribution. The new Rs 40 billion investment…
Hong Kong: The dollar slipped in Asian trade Wednesday, while share markets were muted after President Barack Obama was re-elected in a knife-edge US presidential election.
Brussels: Private sector business activity across the eurozone shrank at its fastest rate in three-and-a-half years in October, a key survey showed on Tuesday.
Karachi: The recent notification for increase in prices of a few hardship cases, is a revision and not increase as due to inflation and rising cost of the input materials it had become impossible for the industry to continue producing quality medicines, this was stated by spokesperson Pharma Bureau, a representative body of multinational pharmaceutical…
Tokyo: Japan’s Suzuki said Tuesday it would shut down its money-losing car business in the United States and file for bankruptcy, citing a strong yen and weak demand for its small cars in the US market.
Roy Morgan Research is the largest independent Australian research company, with offices in each state of Australia, as well as in the United States, United Kingdom, New Zealand and Indonesia.
Islamabad: The Ambassador of Australia to Pakistan Mr. Peter Heyward on Tuesday said his country is interested in Pakistan’s matchless potential in human and natural resource. We can jointly exploit gift of Thar Coal, he said.
London: HSBC has increased the amount set aside for fines linked to money-laundering in the United States to $1.5 billion, the British banking giant said Monday, adding it could face criminal charges over the matter.
Karachi: ZONG has introduced Free Calls from ZONG to ZONG on purchase of new SIM or port-in into ZONG’s network along with 100 rupees recharge.