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SABIC acquires DSM plant for $2 billion
RIYADH, April 5: The Saudi Basic Industries Corporation (SABIC) has announced ‘agreeing in principle’ to buy the petrochemcial unit of the Dutch chemical giant DSM NV at a price of 2.25...
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Gazprom may change export strategy
MOSCOW, April 5: Russian gas giant Gazprom said on Friday it might change its export strategy and start shipping gas directly to European countries instead of through trading houses....
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ASEAN-US first trade talks in 10 years
BANGKOK, April 5: ASEAN’s economic ministers held talks with US Trade Representative Robert Zoellick here on Friday in the first formal negotiations to build trade ties with the world’s biggest economy...
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Malaysian palm oil higher
KUALA LUMPUR, April 5: Malaysian palm oil futures ended higher on Friday after Chinese traders said Beijing had released import licences for palm oil....
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Rs52m allocated for dry port at Chaman
QUETTA, April 5: Commerce Minister Abdul Razak Dawood has said that Islamabad has allocated Rs52 million for setting up a dry port at Chaman, a border town with Afghanistan....
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