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Archive for  December 2012

    • News Desk
    • Dec 14th, 2012
    • Comments Off on Activities at Karachi and Qasim ports

    The Karachi Port handled 73,202 tonnes of cargo comprising 65,088 tonnes of import cargo and 8,114 tonnes of export cargo including 2,752 loaded & empty containers during the last 24 hours ended at 0700 hours

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  • Tea prices in Bangladesh rose 2.42 percent at a weekly auction on Wednesday, after rising 5.2 percent at the previous session, due to strong demand, brokers said. The average price of Bangladesh tea rose to

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  • Both the futures were unchanged on the forward cottonseeds oilcake market on Thursday in the process of trading, dealers said. The December vaida closed at Rs 444.00 as it opened with no change at same

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on Fresh buying interest emerges on strong dollar

    Mills fresh buying interest emerged as dollar is becoming dearer among exporters due to sharp gain versus the rupee, dealers said on the cotton market on Thursday. Official spot rate was unchanged at Rs 5,850,

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  • Thursday saw local lint prices stay stable and steady with some reports also indicating an improvement by Rs 25 to Rs 50 per maund (37.35 kgs) in some classes of cottons. Moderate rains in several

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  • Thursday saw local lint prices stay stable and steady with some reports also indicating an improvement by Rs 25 to Rs 50 per maund (37.35 kgs) in some classes of cottons. Moderate rains in several

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on BG names new chief executive to run big growth projects

    BG has named Chris Finlayson as chief executive, ending a year-long search for someone to keep a grip on costs while delivering huge growth projects the British oil and gas group has signed up for.

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on International Paper selling lumber unit to Georgia-Pacific

    International Paper Co is selling its building products unit to Georgia-Pacific LLC for $750 million cash, a move designed to sharpen focus on its massive packaging business. The sale had been expected since IP acquired

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on Peru’s Congress approves free-trade pact with EU

    Peru's Congress unanimously approved a free-trade pact with the European Union late on Wednesday, meaning the Andean country now has trade agreements with every major economy from China to Japan and the United States. The

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    • News Desk
    • Dec 14th, 2012
    • Comments Off on S&P revises UK credit rating outlook down to negative

    Standard & Poor's on Thursday revised down its sovereign credit outlook for the United Kingdom's AAA rating to negative from stable citing the potential for delayed and uneven economic recovery. S&P said the revision was

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