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  • Brazil economic activity down more than expected in August

    October 18, 2017 10:48 AM

    BRASILIA, Oct 18 (Reuters) - Economic activity in Brazil contracted at a faster pace than expected in August, central bank data showed on Wednesday, snapping a two-month run of increases and dampening optimism over an economic recovery. Activity fell 0.38 percent after seasonal adjustments, following a downwardly revised 0.36 percent increase the month

  • Pakistan, China to treat all investors equally

    October 18, 2017 4:17 AM 1

    ISLAMABAD: Pakistan and China on Tuesday agreed to treat equally all investors that will pour capital into the planned nine Special Economic Zones (SEZs) – an understanding that will address concerns of local businesses about preferential treatment of the Chinese. “It has been agreed that everyone will be treated equally,” said Chinese Charge d’Affaires

  • Belarus' investments in Azerbaijan at $1bn over past decade

    October 17, 2017 11:04 AM 1

    BAKU, 17 October (BelTA-Trend) - The National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan (ASK) and the Belarusian Chamber of Commerce and Industry (BelCCI) signed a memorandum of cooperation during the Azerbaijan-Belarus business forum in Baku. The document was signed by ASK President Mammad Musayev and BelCCI Chairman Vladimir

  • Pakistan Needs USD 17 Billion to Cover Rising Current Account Deficit: World Bank

    October 17, 2017 9:27 AM

    Washington: Pakistan needs around USD 17 billion to cover rising current account deficit and debt payments in the year 2018, the World Bank has said reiterating that it would continue to support the country to implement its broad economic reforms. "Pakistan is facing headwinds in the external sector and a rising fiscal deficit that could put macro-economic

  • Telenor Pakistan Reiterates its Commitment Towards Diversity-Hires a Fresh Graduate as CEO for a Day

    October 17, 2017 5:41 AM 7

    As part of its commitment towards a diverse culture and to encourage increased female participation in workforce, Telenor Pakistan in collaboration with Plan International Pakistan celebrated International #DayoftheGirl through a symbolic takeover of Telenor CEO position by Marriam Naeem. Telenor Pakistan Reiterates its Commitment Towards Diversity-Hires

  • Bank details of Indians on sale online for Rs 500: MP cops

    October 17, 2017 5:13 AM 3

    Debit and credit card details of Indians, including the particulars of the bank account a card is linked to, the CVV number, phone numbers and email IDs, are up for sale on the dark web for just Rs 500, the Madhya Pradesh police cyber cell has said. Cops in Indore busted an international gang, led by a Pakistan national and operated from Lahore. INDORE

  • USDA Report Drops Soybean Harvest Estimate By 45 Million Bushels

    October 15, 2017 4:52 PM 3

    The U.S. Department of Agriculture’s prediction dropping expected soybean production by 45 million bushels was released on Thursday, and there was an immediate reaction in the markets, with the Chicago Board of Trade seeing a 30 cent spike just after the release. Traders also immediately shifted their focus to planting progress in South America. U.S. soybean

  • Workers union calls for protest at Air Berlin

    October 15, 2017 3:15 PM 2

    The action, to take place Monday, aims to support the workers during the airline’s insolvency proceedings.(SABC) German service providers union Verdi has called for an “active midday break” protest by workers at the grounds of insolvent airline Air Berlin at Berlin’s Tegel airport. The action, to take place Monday, aims to support the workers during

  • Proshares Ultra MSCI Emerging Markets (EET) Broker Price Targets For The Coming Week

    October 15, 2017 11:24 AM

    Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Proshares Ultra MSCI Emerging Markets (EET). 08/01/2014 – Proshares Ultra MSCI Emerging Markets had its “neutral” rating reiterated by analysts at UBS. They now have a USD 46 price target on the stock. 08/01/2014 – Proshares Ultra MSCI Emerging

  • Strong retail sales lift US stocks

    October 15, 2017 5:36 AM 2

    NEW YORK: Wall Street stocks finished higher on Friday, with the Nasdaq edging to a fresh record, following data showing strong US retail sales in September. US retail sales jumped 1.6% last month due to strong trade in cars, car parts and fuel following US hurricanes, Commerce Department data showed. “In our view, the American consumer has quite a bit of firepower