The Karachi Port handled 48,724 tonnes of cargo comprising 43,062 tonnes of import cargo and 5,662 tonnes of export cargo including 1,268 loaded & empty containers during the last 24 hours ended at 0700 hours

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Grams prices drifted lower on the wholesale grain market on Tuesday in the process of modest trading, dealers said. On the grams side, grams 50x50 lost Rs 100 to Rs 6900-7300, yellow peas Canada lost

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The December vaida was unchanged and the January contract was down on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 444.00 as it

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Tug-of-war started between mills and the ginners after unprecedented rise in the dollar's value versus the rupee, dealers said on the cotton market on Tuesday. As result cotton prices went up as on the one

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Banking giant Santander said on Monday that it will absorb two of its Spanish offshoots, closing 700 branches in the latest stage of Spain's great banking shake-up. Santander, the biggest bank in the eurozone by

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India's grounded and debt-laden Kingfisher Airlines, which has been desperately seeking investment from foreign carriers, said Monday it plans to resume operations in a "phased manner". The airline, owned by liquor baron Vijay Mallya, has

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The World Trade Organisation on Monday established a panel to look into a complaint from China against the United States in connection with a string of trade disputes between the two countries. China had asked

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Sweden's central bank cut interest rates on Tuesday to their lowest in more than two years to bolster one of Europe's more robust economies, while indicating only a slim chance of further reductions. The bank

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Germany's small power grids could be the next target for large infrastructure investors and pension funds craving stable returns amid volatile equities and low interest rates. These smaller grids, typically owned by a local municipality

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British inflation defied forecasts in November to hold at its highest rate since May, reducing the scope for the Bank of England to inject more cash into the struggling economy. Data on Tuesday showed that

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