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In The News

Technology

Technology News

PAKISTAN: UBER ALLEGEDLY HACKED! MULTIPLE USERS TWEETING ABOUT UNJUST CHARGES MADE ON UBER ACCOUNT: Despite company’s strong security claims, Uber has faced many hacks. The customers took over Twitter for expressing their concern over Uber account hack and misuse of …

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Gulf

Gulf News

QATAR INTELLIGENCE OFFICER ADMITS TO SABOTAGING THE UAE Doha: A report broadcasted on Abu Dhabi TV on Thursday featured video footage of Qatari intelligence officer Second Lieutenant Hamad Ali Mohammad Ali Al Hammadi confessing about attempts of sabotage made by …

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Commodity

Commodity News

OIL PRICES SPRING BACK World oil prices rose on Thursday, a day after hitting 10-month lows, but market sentiment remained negative because the global crude glut has persisted despite OPEC-led output cuts. Brent crude futures ended 40 cents higher to …

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Shipping

Shipping News

SHIPPING CONFIDENCE HITS 3-YEAR HIGH Shipping confidence reached its equal highest rating in the past three years in the three months to end -May 2017. The average confidence level expressed by respondents to the survey was up to 6.1 out …

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Pakistan

Pakistan News

C/A DEFICIT WIDENS 178%, STANDS AT $8.93B Pakistan’s current account deficit (CAD) widened by a massive 178% in the first 11 months (July-May) of the outgoing fiscal year, standing at $8.93 billion compared to $3.22 billion in the same period …

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India

India News This Week

SELECT PULSES REMAIN WEAK ON MUTED DEMAND New Delhi, Jun 23 () Select pulses led by urad fell by up to Rs 200 per quintal at the wholesale pulses market on Friday following easing demand against ample stocks position. Traders …

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Technology

Technology News

PAKISTAN: GALAXY NOTE 8 COULD BECOME THE FIRST SMARTPHONE TO BE POWERED BY QUALCOMM’S SNAPDRAGON 836 SOC: Leaked Specifications of Galaxy S8 revealed that the next phablet would feature Snapdragon 835 or Exynos 8895 similar model. However, latest info shows …

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Gulf

Gulf News

RATE HIKE AND FUTURE GUIDANCE POINT TO HIGHER COST OF FUNDS IN GCC The Central Bank of UAE late on Wednesday raised in its key interest rate by 25 basis points, following the US Federal Reserve’s decision to hike rates …

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Commodity

Commodity News

OIL PRICES EDGE UP FROM 2017 LOWS Oil prices edged up from 2017 lows on Friday but remained on track for a fourth consecutive week of losses because of excess supplies despite OPEC-led production cuts. Brent crude futures were up …

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Shipping

Shipping News

BALTIC MAIN INDEX EDGES DOWN ON WEAKER CAPESIZE RATES The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, was marginally down on Wednesday, weighed by weaker rates for capesize vessels. The overall index, which …

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