Business News

Volkswagen recalls nearly 600,000 Audis in US

  • NEW YORK, Jan 29 (APP/AFP) – German carmaker Volkswagen will recall nearly 600,000 vehicles in the United States, most of them its premium Audi brand, over defects that could lead to fires or airbag malfunctions. However no fatalities related to the problems have yet occurred in the country, the National Highway Traffic Safety Administration (NHTSA) […]

  • US stocks end flat as 4Q growth disappoints

    NEW YORK, Jan 28 (APP/AFP) – Wall Street stocks finished little changed Friday following a lackluster US fourth-quarter growth report and some high-profile earnings disappointments from Chevron, Google parent Alphabet and others. Analysts said the market was still digesting gains from earlier in the week, including the Dow’s surge Wednesday above 20,000 points. The Dow […]

  • Wall Street stocks finish dramatic week with a whimper

    NEW YORK, Jan 28 (APP/AFP) – Wall Street finished a dramatic week with a whimper Friday, with stocks finishing near flat following a report showing sluggish US growth in the fourth quarter. Analysts said the market was still digesting gains from earlier in the week, including the Dow’s surge Wednesday above 20,000 points. US growth […]

  • Airlines eye higher fares after post-election travel surge

    NEW YORK, Jan 28 (APP/AFP) – Major US airlines are eyeing the potential for higher airfares in 2017 after a boost in post-election corporate travel emerged as a bright spot in the fourth quarter. On Friday, American Airlines became the latest carrier to point to an uptick in business travel after the US presidential election, […]

  • 27/01/2017)

    PAPER & BOARD: B.P.Board 14.91 Century Paper 62.67 Cherat Pack 355.09 Merit Packaging 29.98 Packages Ltd. 891.83 Pak Paper Prod 74 Security Paper 138.49 PHARMACEUTICALS: Abbott Lab. 1090.85 Ferozsons (Lab) 734.57 GlaxoSmithKline 264.47 Highnoon (Lab) 723.48 IBL HealthCareXB 171.31 Otsuka Pak 182.18 Sanofi-Aventis 2600 The Searle Co. 728.3 Wyeth Pak Ltd 4489.08 POWER GENERATION & […]

  • Tokyo stocks up by break as banks lead the charge

    TOKYO, Jan 27 (APP/AFP) – Tokyo stocks rose Friday morning, tracking another record close on Wall Street, while a weaker yen provided support. The benchmark Nikkei 225 index added 0.37 percent, or 71.76 points, to 19,474.15 by the break, while the Topix index of all first-section issues rose 0.39 percent, or 6.08 points, to 1,551.09.