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1-10 results from 1000 for query «sales»

July 12, 2018 12:00 AM Auto sales surge 21pc to 258,632 units in FY2018

KARACHI: Auto sales surged 21 percent to 258,632 units during the last fiscal year of 2017/18 as low-cost financing boosted demand of cars, light commercial vehicles, vans and jeeps, brokerage reported on Wednesday. Brokerages, citing industry data, said auto sales stood at 213,118 units during the previous fiscal year of 2016/17. Daniyal Adil, an analyst 7

July 8, 2018 12:00 AM Weinstein Co sales price increased

NEW YORK: The Weinstein Co, its buyer and creditors on Friday said they reached a deal to increase the bankrupt film studio´s sales price by $2 million, to $289 million, to ensure the deal goes through. Robert Del Genio, a senior managing director of business advisory firm FTI Consulting who is serving as Weinstein Co´s chief restructuring officer, said in statement 1

July 8, 2018 12:00 AM Iranian oil minister calls Trump’s order to OPEC insulting

LONDON: Iran´s oil minister on Saturday accused U.S. President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output and exports had not changed as a result of U.S. pressure. Trump on Wednesday accused the Organization of the Petroleum Exporting Countries of driving fuel prices higher, and urged 1

July 6, 2018 12:00 AM Non-filers await FBR nod to own vehicles below 1,000cc

KARACHI: Punjab Excise and Taxation department is awaiting a written confirmation from the authorities to register new or imported vehicles below 1,000cc on the name of non-filers of tax returns, The News learnt on Thursday. The Commissioner of Income Tax, Regional Tax Office-II, Lahore, in a recent meeting with the officials of Directorate of Excise

July 5, 2018 12:00 AM Rouhani calls Trump’s sanctions a ‘crime’

VIENNA: US sanctions against Iran are a “crime and aggression”, Iranian President Hassan Rouhani said on Wednesday as he called on European governments and others to stand up to President Donald Trump´s policies against Tehran. “Iran will survive this round of US sanctions as it has survived before. This US government will not stay in office forever 1

July 5, 2018 12:00 AM Saudi plans first change in Asia crude oil price formula

SINGAPORE: Saudi Aramco plans to change the formula used to price its long-term crude oil sales to Asia starting from October, marking the first change in benchmarks for its official selling prices (OSP) since the mid-1980s, multiple trade sources said on Wednesday. The new formula will be based on the average monthly prices of Oman crude futures traded 1

June 30, 2018 12:00 AM Novartis plans spinoff of Alcon, $5bln share buyback

Geneva: Swiss pharmaceutical giant Novartis said Friday it planned to cut loose its Alcon eye care division, and aimed to buy back $5.0 billion of its own shares by the end of 2019. Novartis said that by spinning off Alcon, it would be able to better focus on its pharmaceutical business. At the same time, Alcon "would become a publicly traded global 3

June 28, 2018 12:00 AM Petroleum products goldmine for govt

ISLAMABAD: The government is collecting a major chunk of its spending through taxes on petroleum products as they pay hefty amount of Rs34.95 extra on per litre of diesel in form of taxes and other heads whereas the ex-refinery cost of diesel stands at Rs70.30 per litre. POL products are one of the 10 top revenue spinners as 45 percent of total sales 3

June 24, 2018 12:00 AM Erdogan, rival Ince trade blows on eve of crunch Turkey polls

ISTANBUL: President Recep Tayyip Erdogan and his main rival Muharrem Ince on Saturday traded blows in mass rallies on the final day of campaigning for Turkey´s most fiercely contested elections in years. Turks vote on Sunday in snap twin presidential and parliamentary elections called by Erdogan one-and-a-half years ahead of schedule, with the president 1

June 24, 2018 12:00 AM Shell says sales slipped after major supply chain safety overhaul

SHEIKHUPURA: Jawwad Cheema, managing director Shell Pakistan Limited, on Saturday said the company’s sales had substantially dropped following the removal of all the sub-safety-standard trucks from the supply chain in a bid to avoid tragic incidents like the one in Ahmed Pur Shariqa, South Punjab. On June 25, 2017 and explosion took place after an oil tanker 1