Thursday, July 9, 2020

America

US companies close 21 oil drilling platforms

A number of oil drilling platforms in the US have seen a strong decline this week, and natural gas platforms have fallen.   Baker Hughes data showed that US companies closed 21 platforms in the week to 852.   The number of natural...

Sharp decline in US stocks on US-China trade differences

U.S. stock indexes closed sharply lower after a day off on Tuesday as the Washington called off this week's talks with China on trade due to outstanding differences on two issues concerning intellectual property rights and Chinese subsidies that...

US elections: Kamala Harris wants to replace Trump

Democratic woman, Kamala Harris has declared her intention to become President of the United States. The 54-year-old senator from California is part of the growing field of Democrats who want to challenge Republican incumbent Donald Trump next year.   "I'm running...

Mexico gas leak death toll continues to rise! 66 casualties, 76 injured

The death toll after the explosion on a gasoline line in Mexico has risen to 66. At least 76 injured were treated in several hospitals, Hidalgo Governor Omar Fayad said on Twitter on Saturday wee hours.   First announcement: Disaster in...

Shutdown deadlock:  Trump to comment in the evening – new offer expected from Democrats

Almost a month of government downtime in the US already. The US President announced a speech for the evening - with uncertain content.   US President Donald Trump wants to speak today in a live broadcast on the government's resignation in...

US stocks surged on banks’ earnings

U.S. stocks rose Wednesday as investors cheered on earnings from financial institutions like Goldman Sachs Group and Bank of America Corp. Traders also eyed on U.K. Prime Minister Theresa May’s government survived a vote of no-confidence in parliament, a day...

U.S Stocks ended higher on tech led rally

U.S. Stocks closed higher after Ministry of Finance China announced to slice the taxes and increase infrastructure spending, following lackluster trade data earlier this week. Technology share on Tuesday led by Netflix rallied the US stock markets after the company...

Volkswagen to produce electric cars in America

Since last week, there was evidence that VolksWagen and the American automaker Ford may announce a cooperation during the show. The German number one and the American number two car makers had already announced an alliance for commercial vehicles...

Trump angry over reports of FBI investigation against him

The American President Donald Trump has reacted angrily on a report that the FBI has taken investigation against him after the dismissal of James Comey. "Wow, I just learned from the failing New York Times that the FBI's corrupt...

US stocks closed lower after five-day winning streaks

U.S. stock indexes on Friday closed lower after five-day rally despite optimism on US-China trade talks.   Earlier on Friday, a reading of December inflation, the consumer-price index slipped 0.1%, to mark the first decline in nine months, the Labor Department...

Latest News

Brazil President Bolsonaro tested positive for coronavirus

Brazilian newspaper "Atardi" confirmed that Brazilian President Jair Bolsonaro underwent a fourth test for Coronavirus after he showed some...

PIA flight from Toronto to Islamabad will operate on 5 July 2020

PIA flight from Toronto to Islamabad will operate on 5 July 2020. Another PIA flight will operate from Toronto to Lahore on 10 July...

Sacrificing role models of media

Remember Anil Datta, a gem of a reporter and guru of a sub-editor with the exemplary national spirit, foregoing job offers from the foreign...

Banks performance under SBP Rozgar Refinance Scheme supported by Government of Pakistan’s Risk Sharing Facility

On April 10, 2020 State Bank of Pakistan introduced a refinance scheme to provide concessional credit at 3% interest rate and generous repayment terms...

SBP calls meeting of Bank Presidents, top builders on Naya Pakistan Housing Program

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir called a meeting of Banks on Wednesday for deliberations on the measures proposed by Naya...