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Archive for the May 6, 2017

    • News Desk
    • May 6th, 2017
    • Comments Off on EU wheat futures fall as US prices ease

    European wheat futures fell on Wednesday as US prices eased after a weather-fuelled rally earlier in the week while rain in France provided some relief to parched crops. December milling wheat on the Paris-based Euronext

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    • News Desk
    • May 6th, 2017
    • Comments Off on US natural gas futures rise on output falls

    US natural gas futures on Wednesday edged higher on a projected small decline in production despite forecasts for steady, cooler-than-normal weather expected to keep heating demand low through mid-May. Front-month gas futures rose 3.3 cents,

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    • News Desk
    • May 6th, 2017
    • Comments Off on Activities at Karachi and Qasim ports

    The Karachi Port handled 169,134 tonnes of cargo comprising 140,856 tonnes of import cargo and 28,278 tonnes of export cargo including 7,378 loaded and empty containers during the last 24 hours ending at 0700 hours

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    • News Desk
    • May 6th, 2017
    • Comments Off on Cotton prices firm on lacklustre business

    Prices managed to hold present levels on the cotton market on Friday in the process of trading, dealers said. The official spot rate was unchanged at Rs 6700, they said. In ready session, 1200 bales

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  • ICE Canadian canola futures rose on Wednesday for a third straight session, supported by tight supplies and strength in soybeans. Trade concerns about supplies center on unharvested crop from last year in Western Canada, some

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  • Chicago Board of Trade (CBOT) July wheat futures closed unchanged on Wednesday, as traders await damage assessments from the recent US Plains' snowstorm, analysts said. Most-active CBOT July wheat settled unchanged at $4.54 per bushel.

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  • IAG, the parent group of British Airways and Spanish carrier Iberia, reported on Friday a 74-percent slump in first-quarter net profit, in large part owing to a weak pound. Profit after tax slid to 27

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  • IAG, the parent group of British Airways and Spanish carrier Iberia, reported on Friday a 74-percent slump in first-quarter net profit, in large part owing to a weak pound. Profit after tax slid to 27

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    • News Desk
    • May 6th, 2017
    • Comments Off on Norway wealth fund drops Indian group over environment concerns

    Norway's sovereign wealth fund, the world's largest, has taken Indian industrial giant Bharat Heavy Electricals out of its investment portfolio due to environmental concerns, the Norwegian central bank said on Friday. Bharat Heavy Electricals has

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    • News Desk
    • May 6th, 2017
    • Comments Off on Spain probes ex-HSBC executives over money laundering

    A Spanish court is probing seven former executives of HSBC's private Swiss bank on suspicion of money laundering following an investigation of documents in the "Swissleaks" scandal on bank-supported tax evasion, legal sources told AFP

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