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In The News

Shipping

Shipping News

BALTIC MAIN INDEX SLIDES ON LOWER RATES FOR LARGER VESSELS The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped for the second straight session on Wednesday, hurt by falling rates for larger vessels. …

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Pakistan

Pakistan News

RUPEE STABLE AGAINST DOLLAR The rupee remained stable against the dollar at 105.3/105.5 in the inter-bank market on Friday compared to Thursday’s close of 105.3/105.5, Kamal Hayder, Research Analyst-PAGE said. The currency market has fluctuated regularly in recent months with …

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India

India News This Week

KIRAN MAZUMDAR SHAW TO LEAD INFY CEO SEARCH, TO ALSO TAP ALUMNI BENGALURU: Nandan Nilekani, the non-executive chairman of Infosys, said Kiran Mazumdar-Shaw will lead the search of the new chief executive as head of the nominations and remunerations committee, …

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Technology

Technology News

PAKISTAN: CCP IMPOSES PKR 10 MILLION PENALTY ON COLGATE-PALMOLIVE PAKISTAN: The Competition Commission of Pakistan (CCP) has passed an order imposing a penalty of PKR 10 million on Colgate-Palmolive Pakistan (Pvt) Ltd. for running a deceptive marketing campaign for one …

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Gulf

Gulf News

UAE BIG CLEARANCE SALE: 80% OFF DESIGNER LABELS Dubai: In a city populated with malls and shopping centres, one can’t seem to get enough of discounts. Just a few days after the sales at the annual Dubai Summer Surprises (DSS) …

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Commodity

Commodity News

OIL EDGES UP ON FALL IN US CRUDE STOCKS Oil prices edged up on Thursday, clawing back some ground after losses in the previous session. It is said the market was range-bound as falling crude inventories provided price support while …

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Shipping

Shipping News

GLOBAL SHIPPING FIRMS GOING SUPER-SIZED The hulking container ships that transport sneakers, bananas and barbie dolls around the world keep getting bigger. So are the companies that own them. A massive consolidation is underway in the $500 billion global industry …

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Pakistan

Pakistan News

CURRENCY: PKR STABLE AGAINST $ The rupee remained stable against the dollar at 105.3/105.5 in the inter-bank market on Friday compared to Thursday’s close of 105.3/105.5, Kamal Hayder, Research Analyst-PAGE said. The currency market has fluctuated regularly in recent months …

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India

India News This Week

STRICTER PENALTIES FOR CALL DROPS NEW DELHI: Telecom regulator Trai has increased the penalty for call drops and imposed stricter financial disincentives, running up to Rs 10 lakh if poor consumer services are provided for three straight quarters. The measure …

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Technology

Technology News

PAKISTAN: AMD RYZEN THREADRIPPER 1950X FIRST BENCHMARKS PUBLISHED: The first round of third party benchmarks for AMD’s all new ultra high-end Ryzen Threadripper 1950X CPU are here and they are really impressive!. The results were published by LinusTechTips in a …

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