Stakeholders meeting tomorrow: Sugar crisis
KARACHI, Jan 19: The Sindh government has convened a meeting of all stakeholders of sugar industry, including growers on Monday, to sort out the ongoing crisis....
Saudi food group plans acquisitions in Pakistan
RIYADH, Jan 19: Saudi food company Savola Group will seek acquisitions of cooking oil firms in Pakistan and other Asian countries and push into real estate at home after its fourth-quarter...
US, Saudi Arabia worried over high oil prices
RIYADH, Jan 19: When the Saudi King sat across the President of the US, it was not just a meeting of two world leaders; it was a meeting between the world’s largest crude producer and the largest consumer....
Ban on raw cotton export urged
KARACHI, Jan 19: Textile ancillary industry has urged the government to impose ban on export of cotton to ease the rapidly rising yarn prices as it is causing damage to the viability of value-added textile goods on the world markets....
India’s IPO gets record response
MUMBAI, Jan 19: India’s biggest initial public share offer by Reliance Power made domestic financial history as investors ordered nearly $200 billion worth of stock, figures showed on Saturday....
Musharraf to lead team at Davos economic forum
RAWALPINDI, Jan 19: A variety of trends and assumptions will drive the development of this year’s World Economic Forum (WEF) opening at Davos (Switzerland) next week, official sources said on Saturday....
Six-month oil import bill up by 13pc to $4.238bn
ISLAMABAD, Jan 19: The country’s oil import bill soared to $4.238 billion during the first half (July-December) of the current fiscal year, up by 13.13 per cent from $3.746...
$140bn plan may help avert US recession
WASHINGTON, Jan 19: Is the economic stimulus plan of at least $140 billion expected to come out of Washington the right medicine for an ailing US economy, or an election-year fiscal...
Bush favours tax breaks
WASHINGTON, Jan 19: US President George Bush urged Congress on Saturday to act without delay on his economic stimulus package and make temporary tax cuts passed earlier in his administration permanent....
UK enters new era of cooperation with China
SHANGHAI, Jan 19: British Prime Minister Gordon Brown hailed a new era of environmental cooperation between Britain and China on Saturday and called for a renewed drive for a world trade deal....
Plan to save troubled British bank
SHANGHAI, Jan 19: Prime Minister Gordon Brown on Saturday confirmed receipt of a key report on the future financing of British bank Northern Rock, amid claims its loans will be converted into bonds and sold....