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In The News

Gulf

Gulf News

39,000 TOYOTA CARS IN UAE MAY HAVE AIRBAG TROUBLE Al Futtaim Motors, the exclusive distributor of Toyota in the UAE has said it has started a ‘special service campaign’ on 39,294 Toyota vehicles in the UAE, including Corolla (2010 to …

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Commodity

Commodity News

OIL FALLS AFTER THREE-DAY RALLY Oil prices fell on Friday after a three-day rally ran out of steam due to a stronger dollar, promising to notch up the oil market’s worst-performing quarter since 2015 as investors fret that growing US …

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Shipping

Shipping News

BALTIC INDEX TOUCHES OVER 2-YEAR HIGH The Baltic Exchange’s main sea freight index, which tracks rates for dry-bulk carriers, hit a more than two-year high on Wednesday as rates for panamax vessels rose. The overall index, which factors in rates …

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Pakistan

Pakistan News

WEEK-ON-WEEK: SPI FALL 0.19PC The Sensitive Price Indicator (SPI) for the week ended March 30, 2017 registered a decrease of 0.19% for the combined income group, going down from 226.02 points in the previous week to 225.60 in the week …

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India

India News This Week

REVENUE FALLS DUE TO TARIFF WAR AMONG TELECOM OPERATORS NEW DELHI: The government has taken cognisance of the fall in revenue due to the tariff war among telecom operators triggered by free promotional offers doled out by a new service …

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Technology

Technology News

PAKISTAN: GSMA CALLS ON PAKISTAN GOVERNMENT TO UNLOCK ITS DIGITAL FUTURE: The GSMA today set out a number of measures that Pakistan will need to take in order to close the digital divide in the country and reach its Vision …

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Gulf

Gulf News

FED RATE HIKE POSITIVE FOR GCC The impact of the Federal Reserve’s rate rise will be broadly positive for the Gulf region. The Fed last week increased its benchmark rate for the second time in three months, this time to …

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Commodity

Commodity News

US APPROVES TRANSCANADA KEYSTONE XL PIPELINE US President Donald Trump’s administration approved TransCanada Corp’s Keystone XL pipeline on Friday, cheering the oil industry and angering environmentalists even as further hurdles for the controversial project loom. The approval reverses a decision …

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Shipping

Shipping News

DRY BULK CAPESIZE RATES TO REMAIN FIRM Freight rates for large capesize dry cargo vessels on key Asian routes, which are close to multi-month highs, are likely to remain firm as cargo activity picks up from Australia after bad weather …

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Pakistan

Pakistan News

PUNJAB GOVT TO SLAP BAN ON IMPORT OF TYRE SCRAP Punjab Minister of Industries, Commerce and Investment Sheikh Alauddin has emphasised that the government will ensure the application of environmental laws and more compliance by the industries in an effort …

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