Business News

US markets hit by FBI probe of Clinton

  • NEW YORK, Oct 28 (APP/AFP): US stocks dropped with a jolt Friday after news that the FBI reopened a probe into Democratic presidential candidate Hillary Clinton’s use of a private email server while secretary of state. US stocks had been comfortably in positive territory prior to news that Federal Bureau of Investigation head James Comey […]

  • EU-Canada summit on Sunday to sign trade deal: Tusk

    BRUSSELS, Oct 29 (APP/AFP) – The EU and Canada will sign a landmark trade deal Sunday at a summit in Brussels after a drama that saw Belgian regions threaten to torpedo years of negotiations, EU President Donald Tusk said. “Mission accomplished! Just agreed with PM @JustinTrudeau to hold EU-Canada Summit this Sunday,” Tusk posted on […]

  • Spot rates of cotton (Crop 2016-2017)

    KARACHI, Oct 27 (APP): Karachi Cotton Association (KCA) on Thursday announced the following KCA Spot Rates for local dealing inPak rupees for base grade 3 (three) staple length 1-1/16″ Micronairevalue between 3.8 and 4.9 NCL.Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi

  • OGRA issued 35 permits for LPG stations, 18 applications in process

    ISLAMABAD, Oct 27 (APP): The Oil and Gas Regulatory Authority (OGRA) has so far issued 35 licences for setting up LPG Aut-Refueling stations in different parts of the country and 18 more applications are under process, official sources said Thursday. “The licneces have been issued for construction of Liquefied Petroleum Gas (LPG) stations at the […]

  • Deutsche Bank reports surprise Q3 profit

    FRANKFURT, Oct 27 (APP/AFP) – Troubled German lender Deutsche Bank reported Thursday a surprise 256-million-euro ($279 million) profit in the third quarter, compared with a loss of more than six billion in the same period last year. Deutsche outdid the expectations of analysts surveyed by Factset, who had predicted it would book a loss of […]

  • NBP maintains profit growth after-tax Profit up by 11% YoY

    ISLAMABAD, Oct 27 (APP): The meeting of the Board of Directors (BoD) of National Bank of Pakistan (bank) was informed on Thursday that Bank’s after-tax profit for the nine-month period increased by 11% to Rs. 13.4 billion compared to Rs. 12.1 billion for the corresponding nine months of 2015. Syed Ibne Hassan Vice President/ Spokesman-National […]