Nissan profits hit ‘rock bottom’ as Ghosn weighs
Tuesday?s figures represented a ?rock bottom? for the company, he said, adding: ?Please give us time to recover.? The firm has been crippled by the reputational damage caused by the legal woes of former chairman Ghosn, who faces four formal charges of financial misconduct that he denies. ?To tell you the truth, there was a period when we could not ...
Is sea rise wrecking coastal home values? The answer: Maybe
But other climate scientists note shortcomings in the studies, and real estate experts say they simply haven?t seen any ebb in demand for coastal homes. Her home has been largely spared in the nearly 20 years she?s lived there, she said, but the flooding appears to be worsening along roads and lower properties. ?I can?t lose that equity.? Nearby, Denis ...
UAE companies keen to invest in Gwadar: Ambassador Al-Zaabi
?There were many companies in UAE which were keen to invest in Gwadar and they recently visited Pakistan for the purpose,? the Ambassador of the United Arab Emirates Hamad Obaid Ibrahim Salem Al-Zaabi stated in a meeting with the Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr. Abdul Hafeez Shaikh, on Tuesday. Hafeez Shaikh thanked the ...
Asian markets tumble after Wall Street battering as China retaliates
Asian markets extended a global sell-off on Tuesday following hefty losses on Wall Street that came in response to China?s hike in tariffs on $60 billion of US imports, ramping up tensions in a trade war between the global economic titans. The Hang Seng Index sank 1.7 per cent while Shanghai shed 0.7 per cent and Tokyo ended down ...
Oil prices jump following drone attack on Saudi Aramco facilities
Oil prices rose on Tuesday after the world?s top oil exporter Saudi Arabia said explosive-laden drones had attacked two pumping stations belonging to state oil company Aramco. Saudi Arabia said earlier that two of its oil tankers were among those attacked off the coast of the United Arab Emirates on Sunday, incidents which ratcheted up tensions in the world?s ...
Pakistan, UAE agree to further enhance economic and trade relations
Talking to the envoy, Dr Abdul Hafeez Shaikh said, ?Both the countries should realize full potential of their ties by encouraging the private sector to come and invest in Pakistan.? He thanked the UAE government for providing financial support to Pakistan under the Abu Dhabi Fund for Development. Earlier on March 12, the State Bank of Pakistan (SBP) had received ...
Lahore Chamber Of Commerce & Industry Hails New FBR Chairman; Suggests Taxation Measures
LAHORE, (UrduPoint / Pakistan Point News - 14th May, 2019 ):Lahore Chamber of Commerce & Industry (LCCI) Tuesday said that initiatives taken by Federal Board of Revenue (FBR) Chairman Shabbar Zaidi would help improve business community's confidence in the tax collection departments. LCCI President Almas Hyder said here that soon after assuming charge, Shabbar Zaidi issued his first major ...
Every Pakistani National Is Eligible To Take Benefit From This Scheme However, The Scheme Would Not Be Applicable To The Public Office Holders And Their Dependents: Abdul Hafeez Shaikh
"The is an international institution which primarily focuses on bringing the financially weak countries out of financial crisis and the conditions set by the Fund for are in its own interest," he said adding whether it was the condition of shrinking trade deficit, or reducing expenditures and increasing revenues, or selling out the bleeding State Own Entities, ...
FPCCI Leadership Calls On FBR Chairman, Assures Cooperation
Daroo Khan Achakzai along with other elected office-bears called on newly appointed Chairman Federal Board of Revenue, Syed Shabbar Zaidi and discussed various issues related to tax system and the possible solutions. He hailed the prompt decisions taken by the FBR's Chairman for facilitating and providing relief to the taxpayers, which included the suspension of raid on any premises ...
Iran's Oil Export Income Reliance Fell To 30% - First Vice-President
in case of saving via reducing expenditures, the planned financial resources in the can be consumed on development targets," Jahangiri said, as quoted by Iranian Mehr Agency. During the past few years, has been aiming to reduce its reliance on its , in the face of tightening sanctions the , which were reimposed in ...
National Bank Of Pakistan To Play Its Role In Strengthening National Economy
FAISALABAD, (UrduPoint / Pakistan Point News - 14th May, 2019 ):President National Bank of Pakistan Arif Usmani has said that the NBP will continue playing its role in strengthening of national economy by supporting trade and industry through comprehensive financing as economic growth is key to generate employment opportunities, counter inflation and bring economic prosperity. ...
Karachi Port Trust Ships Movement, Cargo Handling Report 14 May 2019
Commodity-wise handling in metric tons is given below: COMMODITY:?IMPORT: EXPORT: TOTAL: Containers 16,859 16,299 33,158 Bulk Cargo 122 1,558 1,680 Rock Phosphate 7,050 - 7,050 Soya Bean Seeds 7,470 - 7,470?Wheat?--- 5,380 Oil/Liquid Cargo 78,452 11,630 90,082
Spot Rates Of Cotton Crop 14 May 2019
Rate Ex-Gin Up-country Spot Rates for price Expenses Ex-Karachi 37.324 kgs 8,650 160 8,810 Equivalent 40 kgs9,270 171 9,441
Bullion Prices On Tuesday
KARACHI: (per 10 gram) Gold Tezabi 24 CT Rs. 728.73 HYDERABAD: (per 10 gram) Gold-Tezabi-24ct Rs. 715.00 MULTAN: (per 10 gram) Gold Tezabi-24 CT Rs.
OPEC Revises Downward Forecast For Non-OPEC Oil Supply Growth In 2019 - Report
14 mb/d, mainly due to lower than expected output in 1Q19 in the US, and the , which is partially offset by upward revisions in ," the report said. "The US, , , and the are the main drivers for this year's growth, while , , and are projected to see the largest declines," the report said.
OPEC Forecasts Russia's Liquid Hydrocarbons Output To Continue To Decline In Q2 2019
"Preliminary data for sees a drop in liquids supply by 0.07 mb/d, m-o-m to average 11.43 mb/d ... supply in 2Q19 is projected to continue to decline by 0.13 mb/d to average 11.40 mb/d. Incremental production of , NGLs and condensate could come several projects, such as Uvat, East-Siberian, Vankorneft, Yamal LNG and Messoyakha," the ...
OECD Oil Stocks Rose 22.8Mln Barrels Above 5-Year Average In March - OPEC Report
"Preliminary data for showed that total OECD commercial rose by 3.3 mb m-o-m to stand at 2,875 mb, which was 58.5 mb higher than the time one year ago and 22.8 mb above the latest five-year average," the report read.
OPEC Maintains 2019 Forecast For Global Oil Demand At 99.94Mln BPD - Report
"For , demand is projected to increase by 1.21 mb/d, unchanged last month's report despite some revisions within the regions, to average 99.94 mb/d. In the OECD region, demand is anticipated to increase by 0.21 mb/d in , with slight revisions among the regions compared with last month," it reads.
OPEC Oil Output Fell To 30.031Mln Barrels Per Day In April - Report
"According to secondary sources, total OPEC-14 preliminary crude production averaged 30.03 mb/d in , marginally unchanged the previous month.
Gazprom's Gas Production 8Bln Cubic Meters Ahead Of Yearly Plan - Managers
There will, of course, be an adjustment [of plans] in production," Markelov told a press conference. In , acting head of the Gazprom Export department, Andrei Zotov, said that Gazprom expects its to to be virtually unchanged this year the previous one. In , Gazprom delivered a record 201.8 cubic meters of ...
