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Tag Archives: News

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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India

India News This Week

US BANS DRUG PRODUCTION SITE IN INDIA MUMBAI- U.S. health regulators have banned a drug production site in India belonging to Divi’s Laboratories Ltd due to manufacturing violations, sending the company’s shares down to a near three-year low. This comes …

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Technology

Technology News

A FEW GOOGLE HOME OWNERS ALREADY HAVE BLUETOOTH ENABLED: At Google I/O 2017, the company proclaimed that it is working to let owners of Google Home use Bluetooth streaming. It will be available soon on Google Home, which lets a …

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Gulf

Gulf News

VAT TO AFFECT BANKS The UAE and GCC banks that are facing increased regulatory burden from Basel III capital requirements and International Reporting Standards 9 (IFRS 9) are expected to face further pressure in terms of costs and margin squeeze …

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Commodity

Commodity News

OIL PRICES SOAR AFTER DROP IN US STOCKPILES Crude oil prices rose on Thursday to extend gains from the previous session after official government data showed US stockpiles had eased from record highs. Prices surged on Wednesday after a slew …

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Shipping

Shipping News

BALTIC INDEX UP FOR TENTH STRAIGHT SESSION ON HIGHER CAPESIZE RATES The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a tenth straight session on Tuesday, helped by higher rates for capesize …

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