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Archive for the 'business' Category

Tweet Fast food giant Kentucky Fried Chicken (KFC) was on Friday ordered to pay Aus$8 million (US$8.3 million) to an Australian girl who suffered severe brain damage and was paralysed after eating a Twister wrap. Monika Samaan was seven when she suffered salmonella encephalopathy — a brain injurylinked to food poisoning that also left her with [...]

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Tweet Pakistan warns west against war with Iran, seals pipeline deal. Pakistan has cautioned the west against attacking Iran over its nuclear ambitions, saying it should learn the lessons from the Iraq war.

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Tweet Cabinet OKs tougher penalties under Motor Vehicle Act.The Union Cabinet on Thursday approved the proposed changes in the Motor Vehicle Act. This paves way for passing the legislation in Parliament to increase penalty on traffic rule violators across the country.

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Tweet Big moves in bonds, gold, silver; Stocks end flat.While stocks ended slightly lower, Wednesday’s biggest market moves were in the bond, commodity and currency markets — with 10-year Treasury yields surging higher and the price of gold, silver and the euro dropping dramatically.

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Tweet Central trade unions strike likely to bring India to a standstill.Having rejected the Centre’s belated bid to persuade them to drop their plan for the 24-hour general strike on Tuesday, central trade unions commanding the allegiance of lakh of workers stepped up their efforts to turn the protest into a crippling nationwide shutdown.  Life [...]

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Tweet Thousands of travelers have been left in the lurch around the world after the carrier Air Australia went into administration and grounded its fleet Friday. “It currently appears that there are no funds available to meet operational expenses so flights will be suspended immediately,” the company said in joint statement Friday with its newly [...]

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Euro Will Collapse Soon An Economic Alarm, ALARM at the economic turmoil in Europe intensified last night after the Governmentadmitted preparations for the chaotic collapse of the euro were being “stepped up”.Downing Street is understood to be embroiled in intensive “contingency planning” for Greece and possibly Italy, Spain and Portugal quitting the eurozone.

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Oil prices increase in Asia After US Invasion of Iran, Oil prices rose in Asian trade Monday after Iran’s military reportedly said it had shot down a US drone, while France and Germany prepared for crucial talks aimed at rescuing the euro, analysts said.

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Shortest Speech by CEO Coca Cola Give Required Time to Your Family and Friends

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Import expenses of the telecommunication sector went up by 44% during July-October of the current financial year owing to the import of apparatus, equipment and accessories to cater to the expansion of networks and infrastructure advancement.
Data released by the The Federal Board of Statistics (FBS) revealed that import expenses grew to Rs15.9 billion compared to the corresponding duration of the previous year

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Student Biryani Goes Global with a brand of Cafe Student, Consistent taste and “word of mouth” is what has taken Student Biryani, a brand of Café Student, from a small roadside vendor to one of Pakistan’s fastest growing franchise networks. The Karachi-based food outlet – after attracting notable traffic in Dubai – now wants to test North American and European markets; extend its Gulf network through global franchising.

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Tweet VGO Tel 007 Price and Specification Pakistan Price is 2700 in Pakistani Rupees. This is new mob company in Pakistan. this has very fantastic feautures which are given below: Camera Long time Bettary High Sound Speaker colour Display Large Screen Size double Sim Availability

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Tweet VGO Tel Mob Price and Specification Pakistan this is new mob company in Pakistan. this has very fantastic feautures which are given below: Camera Long time Bettary High Sound Speaker colour Display Large Screen Size double Sim Availability

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Tweet Euro falls on risk aversion as stocks dip TOKYO: The euro fell on Wednesday as regional equity markets slipped after Slovakia voted down measures to enhance Europe’s bailout fund, seen as vital to taming the euro debt crisis.

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Tweet Poor states can grow online: moot NAIROBI: With online business increasingly driving economic growth, developing nations’ top priority should be the infrastructure their citizens need to get connected, delegates at an Internet conference in Nairobi said this week.

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Tweet Revenue generation: Govt formally decides to tax Gilgit-Baltistan GILGIT: Gilgit-Baltistan (G-B) government will generate nearly Rs10 billion from taxes on the corporate sector, registered firms, corporations and salaried class. This was stated by G-B Public Accounts Committee Chairman Muhammad Ibrahim on Saturday, as the government formally decided to bring the region under the tax net [...]

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Tweet Weekly review: KSE gains despite Pak-US tensions KARACHI: Investors chose to put aside concerns surrounding deteriorating ties between Pakistan and the United States as the stock market continued to make solid gains. The benchmark KSE-100 index rose 1.3 per cent (156 points) during the week ended September 30.

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Tweet Vested interests: Port Qasim board likely to see fresh faces ISLAMABAD: As Port Qasim Authority’s board is allegedly hampering Liquefied Natural Gas import at a time when the country is facing energy crisis, the board is expected to be reconstituted with inclusion of some government faces as all current members belong to the private sector.

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Tweet SAP targets utilities to expand business LAHORE: Software Applications and Products (SAP) is looking to facilitate public utilities in overcoming challenges through automation and process enablement in order to enhance its business, said SAP Director of Utilities Industries for Asia-Pacific and Japan Philip Vaughan.

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Tweet Market watch: Climb continues for fifth straight day KARACHI: The stock market continued its upward trend on Friday, making it the first week in at least six months when all five days ended on a positive note.

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Tweet Tourism industry: ‘Non-professional government attitude caused decline’

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Tweet Tax revenue: First quarter collection stands at Rs352b ISLAMABAD: Tax authorities are likely to achieve the revenue target for the first quarter of the current fiscal year as they have already bagged Rs352.5 billion, a healthy increase of 27 per cent compared to the corresponding period of last year.

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Oil up in Asian trade

Tweet Oil up in Asian trade SINGAPORE: Oil prices rose in Asian trade Friday after German lawmakers passed an expansion of the eurozone’s rescue fund and positive US economic data boosted investor sentiment, analysts said.

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Tweet Bumper kinnow crop expected in 2011-12 KARACHI: Despite recent floods and heavy crop damage, a bumper kinnow crop is are expected in 2011-12 as farmers used modern farming techniques under the directives of technical and farm fruit experts.

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Tweet Market watch: Stock market gains in volatile session KARACHI: The stock market wandered around the neutral line before closing higher on Tuesday as mixed investor sentiments prevailed.

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