Home / Tag Archives: News (page 18)

Tag Archives: News

Pakistan

Pakistan News

FBR forcefully withdraws Rs2bn from PRA’s bank accounts In its desperate effort to come near the downward revised target, the Federal Board of Revenue (FBR) has forcefully withdrawn about Rs2 billion from Punjab Revenue Authority’s (PRA) bank accounts, setting another …

Read More »

Shipping

Shipping News

Freight rates on VLCCs and Suezmazes move up Freight rates have risen over the last quarter on VLCCs and Suezmaxes. However, there have been supply-side shocks which threaten to reduce tonne-mile demand and though more vessels have been sold for …

Read More »

Technology

Technology News

PAKISTAN: Gmail messages ‘read by human third parties’: Google has confirmed that private emails sent and received by Gmail users can sometimes be read by third-party app developers, not just machines. People who have connected third-party apps to their accounts …

Read More »

Commodity

Commodity News

World oil prices mixed Oil was mixed on Friday, with short-covering pushing up US crude futures while Brent slipped on global trade tensions and increased Saudi production. West Texas Intermediate crude futures CLc1 gained 61 cents to $73.55 by 11:30 …

Read More »

Gulf

Gulf News

UAE Fuel Prices Among Lowest In The World Fuel prices in the UAE, which reached its peak this month since the country opted for deregulation in 2015, are still among the lowest in the world because governments in other countries …

Read More »

India

India News This Week

India’s Banking Zombies Pose A Problem India’s state banks are beginning to resemble the walking dead. Of 21 government-controlled lenders, eleven face growth restrictions and the same amount will soon be without a boss. Some chief executives have been arrested, …

Read More »

Pakistan

Pakistan News

PKR Stable Against Dollar The rupee remained stable against the dollar at Rs121.4/121.6 in the inter-bank market on Friday compared with Thursday’s close of Rs121.4/121.6. Contrary to the impression created after the previous round of devaluation, the Pakistani currency weakened …

Read More »

Shipping

Shipping News

Crude Oil Exports Hit Europe Aframax Rates; VLCCs Cut Clean Tankers Demand US crude oil exports to the Mediterranean and West European countries have dragged down Aframax rates in these areas, seriously hurting the earnings of shipowners in what was …

Read More »

Commodity

Commodity News

Oil Gains On Anticipation Of Sanctions On Iran Oil prices rose on Friday on concern that US sanctions against Iran would remove a substantial volume of crude oil from world markets at a time of rising global demand. US crude …

Read More »

Gulf

Gulf News

Dubai Gold Prices Drop To 6-Month Low, 22k Priced At Dh144 Gold prices posted a six-month low on Thursday, pressed down further by a firm dollar and as the US Federal Reserve Chair confirmed an outlook for higher interest rates …

Read More »